NOT LISTED FOR SALE

261 W Alexander Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $8,634,000 - $14,236,665

6 Beds
9 Baths
8,321 Sq Ft
$1,323/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $11,025,000 $1,325 Per Sq Ft

Current estimated payment $77,411/month

27 Days on Market

Highlights

  • Property has ocean access
  • Heated Pool
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Waterfront
  • Vaulted Ceiling

About This Home

As of February 2021

This home is located at 261 W Alexander Palm Rd, Boca Raton, FL 33432 since 22 January 2021 and is currently estimated at $11,009,888, approximately $1,323 per square foot. This property was built in 2018. 261 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.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 01/22/2021

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 01/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $142,557

Year Built

  • Built in 2018

Lot Details

  • 0.34 Acre Lot
  • Waterfront
  • Fenced
  • Sprinkler System
  • Property is zoned R1A(ci

HOA Fees

  • $247 Monthly HOA Fees

Parking

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

Property Views

  • Canal
  • Pool

Home Design

  • Metal Roof

Interior Spaces

  • 8,321 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100010620

Community Details

Overview

  • Association fees include common areas, security
  • Royal Palm Yacht & Countr Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$142,557

Year Built

Built in 2018

Lot Details

0

HOA Fees

$247 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: ROYAL PALM YACHT & COUNTRY CLUB
  • Year Built: 2018
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 8321.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Patio
  • View: Canal, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Guard
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 247.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100010620
  • Lot Size Sq Ft: 14982.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 142557.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 19, 2021
Sold by
Palagonia Tiffany
Bought by
Hall Laurie J and The Jag Realty Trust
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$12,950,000
Sold Price
$11,025,000
Premium/Discount to List
-$1,925,000
-14.86%
Current Estimated Value
$11,009,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,112
Avg. Annual Appreciation
-0.03%

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 10, 2020
Sold by
Stile Catherine
Bought by
Palagonia Tiffany
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Carlos Alleyne
RE/MAX Select Group
List Price
$12,450,000
Sold Price
$9,400,000
Premium/Discount to List
-$3,050,000
-24.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.10%

Purchase Details

Listed on
Jul 28, 2016
Closed on
Feb 24, 2017
Sold by
Finkelstein Jesse A and Finkelstein-Wolfe Sarah
Bought by
Stile Catherine
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$3,750,000
Sold Price
$3,250,000
Premium/Discount to List
-$500,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.93%

Purchase Details

Listed on
Jan 25, 2012
Closed on
Jun 15, 2012
Sold by
Iwanow George M and Iwanow Margaret E
Bought by
Finkelstein Jesse A and Finkelstein Elizabeth B
Seller's Agent
David Roberts
Royal Palm Properties LLC
List Price
$2,999,000
Sold Price
$2,485,000
Premium/Discount to List
-$514,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$1,863,750
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1999
Sold by
Nassar Alvin J
Bought by
Iwanow George M and Iwanow Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1998
Sold by
Brody Janeth and Brody Howard
Bought by
Nassar Alvin J

Purchase Details

Closed on
Jul 23, 1993
Sold by
Brody Janeth
Bought by
Ca Fed Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.39%
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
Hall Laurie J $11,025,000 Preferred Title Inc
Palagonia Tiffany $9,400,000 Attorney
Stile Catherine $3,250,000 Old Plam Beach Title Llc
Finkelstein Jesse A $2,485,000 Old Palm Title Llc
Iwanow George M $1,127,000 --
Nassar Alvin J $1,025,000 --
Ca Fed Bk -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Laurie J $5,000,000
Previous Owner Stile Catherine $1,000,000
Previous Owner Finkelstein Jesse A $1,863,750
Previous Owner Iwanow George M $1,365,000
Previous Owner Iwanow George M $250,000
Previous Owner Iwanow George M $1,500,000
Previous Owner Nassar Alvin J $426,000
Previous Owner Nassar Alvin J $645,000
Previous Owner Ca Fed Bk $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $11,025,000 -14.9% $1,325 / Sq Ft
01/22/2021 01/22/21 For Sale $12,950,000 +37.8% $1,556 / Sq Ft
08/10/2020 08/10/20 Sold $9,400,000 -24.5% $1,124 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
06/01/2018 06/01/18 For Sale $12,450,000 +283.1% $1,489 / Sq Ft
02/24/2017 02/24/17 Sold $3,250,000 -13.3% $668 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
07/28/2016 07/28/16 For Sale $3,750,000 +50.9% $771 / Sq Ft
06/15/2012 06/15/12 Sold $2,485,000 -17.1% $507 / Sq Ft
05/16/2012 05/16/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $2,999,000 -- $611 / 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 $211,670 $12,432,712 -- --
2023 $203,626 $11,573,113 $5,490,360 $6,838,075
2022 $184,907 $10,521,012 $0 $0
2021 $154,513 $8,548,920 $3,025,000 $5,523,920
2020 $142,557 $8,137,721 $2,750,000 $5,387,721
2019 $130,868 $7,034,337 $2,500,000 $4,534,337
2018 $45,792 $2,571,424 $2,571,424 $0
2017 $45,272 $2,492,141 $2,337,658 $154,483
2016 $44,368 $2,380,460 $0 $0
2015 $45,735 $2,370,642 $0 $0
2014 $44,212 $2,263,182 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Roberts

    Seller's Agent in 2021

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    167 in this area

    177 Total Sales

    David Roberts
    Section Image

  • C

    Buyer's Agent in 2020

    Carlos Alleyne

    RE/MAX

See All Agents

Map

Source: BeachesMLS

MLS Number: R10686681

BeachesMLS

APN: 06-43-47-29-10-001-0620

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

261 W Alexander Palm Rd, Boca Raton, FL

This home is located at 261 W Alexander Palm Rd, Boca Raton, FL 33432 since 22 January 2021 and is currently estimated at $11,009,888, approximately $1,323 per square foot. This property was built in 2018. 261 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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