NOT LISTED FOR SALE

Estimated Value: $8,263,000

4 Beds
8 Baths
9,480 Sq Ft
$872/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $40,000,000 $4,219 Per Sq Ft

Current estimated payment $56,427/month

337 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property fronts an intracoastal waterway
  • Boca Raton Community Middle School Rated A-
  • 1 Bedroom Guest House
  • Heated Pool

About This Home

As of April 2024

Once in a generation opportunity to own over an acre of waterfront land in the prestigious Royal Palm Yacht & Country Club. For a savvy buyer to build a WF retreat w/ endless design opportunities. SE facing corner lot; 437’ of WF overlooking the Intracoastal Waterway; vacant 0.4-acre lot across the street. The Parker Estate, designed by celebrated architect Mitch Kunik, draws inspiration from tropical resort living & balances luxury, nature, & privacy. Features a 10,000 SF main house & separate guest house resembling bungalows at Little Palm Island resort. The outdoor area features 2 pools, covered patio, surrounded by beautifully landscaped grounds designed by horticulturist Craig Morell. Own one of South Florida's most remarkable homes, steeped in history & unmatched in location.

Last Agent to Sell the Property

Jill Hertzberg

Coldwell Banker Realty License #0551544 Listed on: 04/12/2023

Coldwell Banker Realty

Co-Listed By

Jonathan Mann

Coldwell Banker Realty License #3092781

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #3138179

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $147,362

Year Built

  • Built in 1997

Lot Details

  • 1.68 Acre Lot
  • 437 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • Southeast Facing Home
  • Property is zoned R1A (cit

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,480 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Two Primary Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Royal Palm Yacht & Countr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434729100100270

Home Details

Home Type

Single Family

Est. Annual Taxes

$147,362

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: ROYAL PALM YACHT & COUNTR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, Elevator, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Family Room, Other
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Other
  • Furnished: Unfurnished
  • Living Area: 9480
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Other
  • Master Bathroom Features: 2 Primary Bathrooms, Separate Tub & Shower

Exterior Features

  • Roof: Other
  • View: Canal, Pool
  • Exterior Features: Barbeque, Fruit Trees, Lighting, Open Balcony, Other
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ROYAL PALM YACHT & COUNTR
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: None
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 06434729100100270
  • Lot Size Sq Ft: 73106
  • Zoning: R1A (cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 147362

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jun 3, 2024
Sold by
499 South Maya Palm Land Trust and Dingle Steven R
Bought by
499 S Maya Palm Drive Land Trust and Kain
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$52,000,000
Sold Price
$40,000,000
Premium/Discount to List
-$12,000,000
-23.08%
Views
919
Current Estimated Value
$8,263,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,737,000
Avg. Annual Appreciation
-66.55%

Purchase Details

Listed on
Apr 12, 2023
Closed on
Apr 30, 2024
Sold by
Parker Sandra S and Parker Glen Randolph
Bought by
2500 East Maya Palm Land Trust and Dingle
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$52,000,000
Sold Price
$40,000,000
Premium/Discount to List
-$12,000,000
-23.08%
Views
919

Purchase Details

Closed on
Sep 10, 2007
Sold by
King Parker Glen and Schmidt Parker Sandra
Bought by
Parker Glen King

Purchase Details

Closed on
Nov 13, 2006
Sold by
Thoms Charles W and Charles W Thoms Revocable Trus
Bought by
Parker Glen King

Purchase Details

Closed on
Jul 11, 2006
Sold by
Thoms Charles W
Bought by
Thoms Charles W and Charles W Thoms Revocable Trust

Purchase Details

Closed on
Jun 6, 2006
Sold by
Thoms Charles W
Bought by
Thoms Charles W and Charles W Thoms Revocable Trust

Purchase Details

Closed on
Feb 28, 1995
Sold by
Comerica Bk & Tr F S B
Bought by
Thoms Marilyn J
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
499 S Maya Palm Drive Land Trust $3,997,375 None Listed On Document
2500 East Maya Palm Land Trust $36,000,000 None Listed On Document
499 South Maya Palm Land Trust $4,000,000 None Listed On Document
Parker Glen King -- Attorney
Parker Glen King $1,500,000 Attorney
Thoms Charles W -- Attorney
Thoms Charles W -- Attorney
Thoms Marilyn J -- --
Thoms Marilyn J $400,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $40,000,000 -10.9% $4,219 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
10/03/2023 10/03/23 Price Changed $44,900,000 -13.7% $4,736 / Sq Ft
04/12/2023 04/12/23 For Sale $52,000,000 -- $5,485 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $151,420 $8,925,572 -- --
2023 $148,262 $8,665,604 $0 $0
2022 $147,362 $8,413,208 $0 $0
2021 $147,085 $8,168,163 $0 $0
2020 $145,055 $8,055,388 $0 $0
2019 $145,902 $7,874,280 $0 $0
2018 $136,791 $7,727,458 $0 $0
2017 $136,150 $7,568,519 $0 $0
2016 $136,835 $7,412,849 $0 $0
2015 $140,708 $7,361,320 $0 $0
2014 $141,303 $7,302,897 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11371003

MIAMI REALTORS® MLS

APN: 06-43-47-29-10-010-0270