NOT LISTED FOR SALE

248 W Alexander Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $8,411,000 - $14,438,906

6 Beds
6.5 Baths
6,524 Sq Ft
$1,751/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $9,250,000 $1,418 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $79,692/month

Highlights

  • Property has ocean access
  • Private Pool
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Waterfront
  • Marble Flooring

About This Home

As of September 2024

Live on the water in Royal Palm Yacht & Country Club; Boca Raton's most prestigious community; with desirable south exposure in the back and views of Capone Island. 6 bedrooms plus office and 6 and a half bathrooms. 1st floor master, all other bedrooms upstairs. Over 6500 sf under air and a 3-car garage. No fixed bridges, direct Intracoastal and Ocean access. Boater's paradise! Pets allowed with deposit. Landlord requirements: 2 months security deposit. Property is unfurnished.

Last Agent to Rent the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 09/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $215,064

Year Built

  • Built in 2000

Lot Details

  • 0.69

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Property Views

  • Canal
  • Garden
  • Pool

Interior Spaces

  • 6,524 Sq Ft Home
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Den
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Patio
  • Outdoor Grill

Additional Features

  • Waterfront
  • Central Heating and Cooling System

Community Details

  • Royal Palm Yacht & Countr Subdivision
  • Security Guard

Listing and Financial Details

  • Property Available on 6/1/24
  • Assessor Parcel Number 06434729100010110

Home Details

Home Type

Single Family

Est. Annual Taxes

$215,064

Year Built

Built in 2000

Lot Details

0

Parking

3

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2024-06-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Palm Yacht & Country Club
  • Year Built: 2000
  • Entry Level: 2
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Fireplace, High Ceilings, Split Bedrooms, Bar
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 6524.0
  • Dining Room Type: Den, Family Room

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Canal, Garden, Pool
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434729100010110
  • Land Lease Amount Frequency: Monthly
  • Lot Size: 1/2 to < 1 Acre,East of

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Apr 30, 2021
Sold by
Lawson Rodger A and Lawson Vanessa D
Bought by
Frezza John J and 248 W Alexander Palm Land Trus
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$9,750,000
Sold Price
$9,250,000
Premium/Discount to List
-$500,000
-5.13%
Current Estimated Value
$11,424,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,174,953
Avg. Annual Appreciation
4.96%

Purchase Details

Listed on
Feb 6, 2014
Closed on
Jul 1, 2015
Sold by
Zimmerman Melissa F
Bought by
Lawson Rodger A and Lawson Vanessa D
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Wendy Tison
RE/MAX Select Group
List Price
$4,450,000
Sold Price
$4,125,000
Premium/Discount to List
-$325,000
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
Original Mortgage
$2,887,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2002
Sold by
Zimmerman Melissa F
Bought by
Zimmerman Melissa F and Melissa F Zimmerman Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2002
Sold by
Kassab Robert L and Zimmerman Melissa F
Bought by
Zimmerman Melissa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2002
Sold by
Zimmerman Melissa F
Bought by
Zimmerman Melissa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2001
Sold by
Fioretti Charles E and Fioretti Patricia J
Bought by
Kassab Robert L and Zimmerman Melissa F

Purchase Details

Closed on
Mar 19, 2001
Sold by
David Harvey I
Bought by
Fioretti Chrles S and Fioretti Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1998
Sold by
Kaelin Rosemary B and Kaelin William
Bought by
Harvey David and Kuntz Susan

Purchase Details

Closed on
Jun 13, 1997
Sold by
Pushkin Dennis and Pushkin Jane
Bought by
Kaelin Rosemary B
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Frezza John J $9,250,000 Attorney
Lawson Rodger A $4,125,000 Old Palm Title Llc
Zimmerman Melissa F -- Patch Reef Title Company Inc
Zimmerman Melissa F $1,438,500 Patch Reef Title Company Inc
Zimmerman Melissa F -- --
Kassab Robert L $2,900,000 Patch Reef Title Company Inc
Fioretti Chrles S $3,500,000 --
Harvey David $1,050,000 --
Kaelin Rosemary B $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawson Rodger A $2,887,500
Previous Owner Dangelo Robert $1,337,500
Previous Owner Zimmerman Melissa F $1,000,000
Previous Owner Kaelin Rosemary B $2,275,000
Previous Owner Kaelin Rosemary B $500,000
Previous Owner Kaelin Rosemary B $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2024 09/01/24 Rented $25,000 -16.7% --
08/07/2024 08/07/24 Under Contract -- -- --
09/13/2023 09/13/23 For Rent $30,000 +36.4% --
07/15/2021 07/15/21 Rented $22,000 -12.0% --
06/15/2021 06/15/21 Under Contract -- -- --
05/20/2021 05/20/21 For Rent $25,000 0.0% --
04/30/2021 04/30/21 Sold $9,250,000 -5.1% $1,418 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $9,750,000 +136.4% $1,494 / Sq Ft
07/01/2015 07/01/15 Sold $4,125,000 -7.3% $632 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
02/06/2014 02/06/14 For Sale $4,450,000 -- $682 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $215,064 $12,138,720 -- --
2023 $205,362 $11,035,200 $0 $0
2022 $185,620 $10,551,132 $0 $0
2021 $139,476 $7,746,817 $0 $0
2020 $137,552 $7,639,859 $0 $0
2019 $88,398 $4,779,921 $2,500,000 $2,279,921
2018 $77,952 $4,372,870 $2,571,424 $1,801,446
2017 $76,957 $4,247,869 $2,337,658 $1,910,211
2016 $75,661 $4,069,816 $0 $0
2015 $57,213 $3,009,161 $0 $0
2014 -- $2,985,279 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Roberts

    Landlord's Agent in 2024

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    167 in this area

    177 Total Sales

    David Roberts
    Section Image
  • Wendy Tison

    Buyer's Agent in 2015

    Wendy Tison

    RE/MAX

    21 Total Sales

    Wendy Tison
    Section Image
  • Bill Tison

    Buyer's Agent in 2015

    Bill Tison

    RE/MAX

    (561) 737-0000

    11 Total Sales

    Bill Tison
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10919073

BeachesMLS

APN: 06-43-47-29-10-001-0110

Florida Palm Beach County Boca Raton 33432 Royal Palm Yacht and Country Club

248 W Alexander Palm Rd, Boca Raton, FL

This home is located at 248 W Alexander Palm Rd, Boca Raton, FL 33432 since 13 September 2023 and is currently priced at $11,424,953. This property was built in 2000. 248 W Alexander 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 Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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