NOT LISTED FOR SALE

273 W Alexander Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $7,568,000 - $13,142,166

6 Beds
9 Baths
8,031 Sq Ft
$1,233/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $8,000,000 $996 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $64,254/month

781 Days on Market

Highlights

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

About This Home

As of May 2016

Spectacular, new construction waterfront home in Royal Palm Yacht & Country Club on 100ft of waterfront of an interior canal with direct Intracoastal and Ocean access. Built by Mark Timothy Luxury Homes, Inc., and interior designed and furnished by Marc Michaels Interior Design Inc., this home is built with high-end construction upgrades including concrete second floor and concrete pilings. Luxury living at its finest with grand foyer entry with mahogany front door, stone and wide-plank wood flooring throughout all main living areas, high ceilings, custom trim and moldings throughout, formal living room with fireplace and boutique entertaining bar, formal dining room and wine room, club room with media lounge, Irish pub bar and sliding glass doors leading to a covered exterior lounge area,

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 02/14/2014

Last Buyer's Agent

Janna Segien

EXP Realty License #3149803

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,935

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • Waterfront
  • Fenced
  • Sprinkler System
  • Property is zoned R1A

HOA Fees

  • $197 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Circular Driveway

Property Views

  • Canal
  • Garden
  • Pool

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 8,031 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Tinted Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Wood Flooring
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100010610

Community Details

Overview

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

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,935

Year Built

Built in 2015 | Under Construction

Lot Details

0

HOA Fees

$197 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: 2015
  • Entry Level: 2
  • Year Built Details: Under Construction
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, High Ceilings, Pantry, Bar, Walk-In Closet(s), Loft
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Living Area: 8031.0
  • Dining Room Type: Den, Family Room, Laundry, Loft
  • Stories: 2
  • Window Features: Impact Glass, Tinted Windows

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Patio
  • View: Canal, Garden, 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: Under Construction

Garage/Parking

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

Utilities

  • Security: Security Guard
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • 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: 197.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Security

Lot Info

  • Parcel #: 06434729100010610
  • Zoning Description: R1A

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 38935.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
May 4, 2016
Sold by
Friedman Bart H
Bought by
The Royal Palm 2016 Trust and Degroote Devin
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Janna Segien
EXP Realty
List Price
$7,995,000
Sold Price
$8,000,000
Premium/Discount to List
$5,000
0.06%
Current Estimated Value
$9,905,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,905,792
Avg. Annual Appreciation
3.68%

Purchase Details

Listed on
Jun 19, 2010
Closed on
Nov 15, 2013
Sold by
Egan Pamela G
Bought by
Friedman Bart H
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
denine mckerchie
Coldwell Banker
List Price
$2,475,000
Sold Price
$2,000,000
Premium/Discount to List
-$475,000
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.29%

Purchase Details

Closed on
Apr 25, 1997
Sold by
Egan Richard J
Bought by
Egan Pamela C

Purchase Details

Closed on
Jan 21, 1997
Sold by
Gary Slossberg Tr
Bought by
Egan Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
7.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 1996
Sold by
Quintero Luis A and Quintero Mercedes
Bought by
Slossberg Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
7.43%
Mortgage Type
New Conventional
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
The Royal Palm 2016 Trust $8,000,000 Attorney
Friedman Bart H $2,000,000 None Available
Egan Pamela C $950,000 --
Egan Richard J $950,000 --
Slossberg Gary $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friedman Bart H $2,750,000
Previous Owner Slossberg Gary $1,425,000
Previous Owner Slossberg Gary $1,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $8,000,000 +0.1% $996 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
02/14/2014 02/14/14 For Sale $7,995,000 +299.8% $996 / Sq Ft
11/15/2013 11/15/13 Sold $2,000,000 -19.2% --
10/16/2013 10/16/13 Pending -- -- --
06/19/2010 06/19/10 For Sale $2,475,000 -- --
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 $135,358 $7,858,824 -- --
2023 $128,898 $7,144,385 $5,490,360 $2,576,799
2022 $114,555 $6,494,895 $0 $0
2021 $108,340 $6,108,187 $3,025,000 $3,083,187
2020 $97,248 $5,367,682 $2,750,000 $2,617,682
2019 $98,947 $5,307,215 $2,500,000 $2,807,215
2018 $94,185 $5,287,126 $2,571,424 $2,715,702
2017 $94,188 $5,202,701 $2,337,658 $2,865,043
2016 $92,497 $4,987,922 $0 $0
2015 $38,935 $2,029,511 $0 $0
2014 $35,845 $1,845,748 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Roberts

    Seller's Agent in 2016

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    169 in this area

    179 Total Sales

    David Roberts
    Section Image
  • Janna Segien

    Buyer's Agent in 2016

    Janna Segien

    EXP Realty

    (561) 926-4262

    10 Total Sales

    Janna Segien
    Section Image
  • denine mckerchie

    Buyer's Agent in 2013

    denine mckerchie

    Coldwell Banker

    (561) 568-1006

    47 Total Sales

    denine mckerchie
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10016803

BeachesMLS

APN: 06-43-47-29-10-001-0610

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

273 W Alexander Palm Rd, Boca Raton, FL

This home is located at 273 W Alexander Palm Rd, Boca Raton, FL 33432 since 14 February 2014 and is currently estimated at $9,905,792, approximately $1,233 per square foot. This property was built in 2015. 273 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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