NOT LISTED FOR SALE

257 Royal Palm Way Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $5,975,760 - $6,311,000

5 Beds
6.5 Baths
4,880 Sq Ft
$1,261/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $6,000,000 $1,230 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $36,515/month

115 Days on Market

Highlights

  • Gated with Attendant
  • Free Form Pool
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Golf Course View
  • High Ceiling

About This Home

As of July 2024

This 5 bedroom, including private guest house, is located on one of the largest golf course lots in RPY&CC. The views are expansive. This home has 15-foot ceilings, and impact windows and doors throughout. Owner's suite has separate his and hers baths and closets. There are 3 additional ensuite bedrooms in the main house and another bedroom and bath in the guest house. Enjoy peaceful golf views while dining in the breakfast area. Additional areas to explore -office, family room, formal living and dining room. There is also a 3-car garage plus golf cart door. Membership to the Royal Palm Yacht & Country Club is separate from homeownership.

Last Agent to Sell the Property

William Hasey

Royal Palm Brokerage Inc License #378468 Listed on: 02/15/2024

Last Buyer's Agent

William Hasey

Royal Palm Brokerage Inc License #378468 Listed on: 02/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,259

Year Built

  • Built in 1997

Lot Details

  • 0.42 Acre Lot
  • Interior Lot
  • Irregular Lot
  • Sprinkler System
  • Property is zoned R1A(ci

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Entry on the 1st floor
  • Spanish Tile Roof
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,880 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Plantation Shutters
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Golf Course Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Free Form Pool
  • Patio

Utilities

  • Zoned Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100140050

Community Details

Overview

  • Association fees include security
  • Royal Palm Yacht & Countr Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,259

Year Built

Built in 1997

Lot Details

0

HOA Fees

$298 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Highway to Royal Palm Yacht & CC entrance continue on Royal Palm Way to property
  • Year Built: 1997
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 4880.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course
  • Lot Features: Interior Lot, Irregular Lot, Sprinklers Automatic
  • Pool Features: Free Form, Other, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete, Spanish Tile, Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 298.0
  • Community Features: Gated, Street Lights
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Parcel #: 06434729100140050
  • Lot Size: 92 x 147 + 63 x 92 157
  • Lot Size Sq Ft: 18340.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 42259.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Jul 16, 2024
Sold by
Hasey William J
Bought by
Gozdanker Yonatan
Seller's Agent
William Hasey
Royal Palm Brokerage Inc
Buyer's Agent
William Hasey
Royal Palm Brokerage Inc
List Price
$7,200,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,200,000
-16.67%
Views
21
Current Estimated Value
$6,152,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,440
Avg. Annual Appreciation
0.50%
Original Mortgage
$4,500,000
Outstanding Balance
$4,442,111
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,593,769

Purchase Details

Closed on
Feb 15, 2024
Sold by
Chabab Hagop
Bought by
Hasey William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,350,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2024
Sold by
Chabab Zareh
Bought by
Chabab Hagop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,350,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2023
Sold by
257 Royal Palm Trust
Bought by
Chabab Zareh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,350,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
Cavalear Robert F
Bought by
Chammas Marcelo

Purchase Details

Closed on
Mar 15, 2007
Sold by
Cavalear Robert and Cavalear Susan
Bought by
Cavalear Robert F

Purchase Details

Closed on
Oct 1, 1996
Sold by
Galluzzo Vittorio
Bought by
King James P
Source: Public Records

Range of Values:

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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
Gozdanker Yonatan $6,000,000 None Listed On Document
Hasey William J $5,250,000 None Listed On Document
Chabab Hagop -- None Listed On Document
Chabab Zareh -- None Listed On Document
Chammas Marcelo -- Newman Guaranty Title Insura
Chammas Marcelo -- Newman Guaranty Title Insura
Chammas Marcelo -- Newman Guaranty Title Insura
Chammas Marcelo -- Newman Guaranty Title Insura
Chammas Marcelo -- Newman Guaranty Title Insura
Chammas Marcelo $1,822,500 Newman Guaranty Title Insura
Cavalear Robert F -- Attorney
King James P $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gozdanker Yonatan $4,500,000
Previous Owner Hasey William J $4,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $6,000,000 -16.7% $1,230 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $7,200,000 -- $1,475 / 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 $43,171 $2,557,742 -- --
2023 $42,259 $2,483,245 $0 $0
2022 $41,960 $2,410,917 $0 $0
2021 $41,858 $2,340,696 $0 $0
2020 $41,275 $2,308,379 $1,600,000 $708,379
2019 $43,803 $2,380,225 $1,600,000 $780,225
2018 $44,458 $2,486,428 $1,631,759 $854,669
2017 $43,858 $2,464,018 $1,554,056 $909,962
2016 $41,166 $2,166,947 $0 $0
2015 $38,552 $1,969,952 $0 $0
2014 $35,657 $1,790,865 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2024

    William Hasey

    Royal Palm Brokerage Inc

    (561) 368-5521

    3 in this area

    3 Total Sales

    William Hasey
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Map

Source: BeachesMLS

MLS Number: R10960075

BeachesMLS

APN: 06-43-47-29-10-014-0050

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

257 Royal Palm Way, Boca Raton, FL

This home is located at 257 Royal Palm Way, Boca Raton, FL 33432 since 15 February 2024 and is currently estimated at $6,152,440, approximately $1,260 per square foot. This property was built in 1997. 257 Royal Palm Way 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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