NOT LISTED FOR SALE

Estimated Value: $7,601,000 - $9,074,642

6 Beds
8 Baths
6,070 Sq Ft
$1,336/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2021

Last sale price $6,900,000 $1,137 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $53,777 / mo

449 Days on Market

Highlights

  • Gated with Attendant
  • Media Room
  • Heated Pool
  • Boca Raton Community Middle School Rated A-
  • New Construction
  • Wood Flooring

About This Home

As of July 2021

This home is located at 2275 Areca Palm Rd, Boca Raton, FL 33432 since 22 March 2020 and is currently estimated at $8,108,661, approximately $1,335 per square foot. This property was built in 2021. 2275 Areca Palm Rd is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton High School.

Last Buyer's Agent

Colleen Nouhan

Premier Estate Properties Inc. License #3240983

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,824

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 11,757 Sq Ft Lot
  • Lot Dimensions are 125x88
  • East Facing Home
  • Property is zoned R1A-SNGL FAM

HOA Fees

  • $246 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Parking Garage Space

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,070 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Furnished
  • Furniture Available With House
  • Bar
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Media Room
  • Den
  • Wood Flooring
  • Complete Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Heated Pool
  • Patio

Schools

  • Boca Raton Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

  • Zoned Heating and Cooling
  • Three-Phase Power

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 06434729100100160

Community Details

Overview

  • Club Membership Available
  • Royal Palm Yacht & Country,Royal Palm Yacht & C Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Additional Features

  • Gated with Attendant
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,824

Year Built

Built in 2021 | New Construction

Lot Details

0.27 Acres

HOA Fees

$246 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Directions: Camino Real East of Federal Hwy. Make a Right into Royal Palm Way. Follow the road as it bends to the right. Left on Areca Palm Rd. Down on the right.
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 2
  • Lot Size Acres: 0.27
  • Lot Size: 125x88
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Subdivision Name: ROYAL PALM YACHT & COUNTRY,ROYAL PALM YACHT & C
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 6900000
  • ShowingTimeFlag: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Bar, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Media Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Other, Wood
  • Furnished: Furnished, Furniture Only
  • Living Area: 6070
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Stories: 2
  • Window Features: Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Laundry, Media Room, Pantry, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Construction Type: Concrete Block Construction, CBS Construction, Stucco
  • Direction Faces: East
  • Home Warranty: Yes
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Features: Heated
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Elevator, Compressed Natural Gas
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Gated with Guard, Security Patrol
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected, Natural Gas Available, Sewer Available, Water Available
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Association Fee: 246
  • Amenities: Elevator(s), Guard At Gate, None, Other Membership Available, Private Pool, Security Patrol
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Buyer Approval Required, Mandatory Hoa, None, Other Membership Available, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Boca Raton
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel Number: 06434729100100160
  • Lot Size Sq Ft: 11757
  • Zoning: R1A-SNGL FAM

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 23824

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2020
Closed on
Jul 8, 2021
Sold by
Bought by
Buyer's Agent
Colleen Nouhan
Premier Estate Properties Inc.
List Price
$6,950,000
Sold Price
$6,900,000
Premium/Discount to List
-$50,000
-0.72%
Current Estimated Value
$8,108,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,208,661
Avg. Annual Appreciation
3.24%

Purchase Details

Listed on
Feb 10, 2019
Closed on
Mar 14, 2019
Sold by
Bought by
Buyer's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$1,550,000
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.30%

Purchase Details

Listed on
Jan 16, 2018
Closed on
Jul 31, 2018
Sold by
Bought by
Buyer's Agent
Rochelle LeCavalier
Douglas Elliman
List Price
$1,645,000
Sold Price
$1,455,000
Premium/Discount to List
-$190,000
-11.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%

Purchase Details

Listed on
Jul 6, 2014
Closed on
Sep 5, 2014
Sold by
Bought by
Buyer's Agent
Rosemarie Miller
Limited Edition Int'l Realty
List Price
$994,000
Sold Price
$950,000
Premium/Discount to List
-$44,000
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Apr 15, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,900,000 Attorney
$1,550,000 Attorney
$1,455,000 Attorney
$950,000 Attorney
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $5,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2021 07/14/21 Sold $6,900,000 -0.7% $1,137 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
03/22/2020 03/22/20 For Sale $6,950,000 +348.4% $1,145 / Sq Ft
03/14/2019 03/14/19 Sold $1,550,000 0.0% $628 / Sq Ft View Prior Sale
02/12/2019 02/12/19 Pending -- -- --
02/10/2019 02/10/19 For Sale $1,550,000 +6.5% $628 / Sq Ft
07/31/2018 07/31/18 Sold $1,455,000 -11.6% $590 / Sq Ft View Prior Sale
07/01/2018 07/01/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $1,645,000 +73.2% $667 / Sq Ft
09/05/2014 09/05/14 Sold $950,000 -4.4% $385 / Sq Ft View Prior Sale
08/06/2014 08/06/14 Pending -- -- --
07/06/2014 07/06/14 For Sale $994,000 -- $403 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $108,069 $6,557,208
2024 $108,069 $6,372,408
2023 $105,811 $6,186,804 $0 $0
2022 $105,102 $6,006,606 $0 $0
2021 $25,825 $1,459,555 $1,459,555 $0
2020 $23,822 $1,301,600 $1,272,000 $29,600
2019 $24,185 $1,284,171 $1,260,000 $24,171
2018 $15,620 $903,025 $0 $0
2017 $15,525 $884,452 $0 $0
2016 $15,571 $866,261 $0 $0
2015 $15,987 $860,239 $0 $0
2014 $6,665 $370,051 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10611595

MIAMI REALTORS® MLS

APN: 06-43-47-29-10-010-0160

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