$24,500,000
$1M PRICE DROP

298 W Key Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated payment $154,486/month

Total Views 56,025
6 Beds
10 Baths
11,471 Sq Ft
$2,136 Price per Sq Ft

Highlights

  • 166 Feet of Waterfront
  • Property has ocean access
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Private Pool
  • Wood Flooring

About This Home

Immerse yourself in unparalleled luxury with this extraordinary furnished waterfront estate by SRD Building Corp. Spanning over 11,400 square feet of refined living space, this six-bedroom, eight full and two half-bathroom home is on 166 feet of deep-water frontage, offering a yacht-ready dock and southern exposure. A stunning waterfall wall fountain sets the tone as you enter the dual-entrance motor court driveway. The first-floor owner's wing is a private sanctuary with His & Her spa-like bathrooms, a dedicated wellness/gym with a full spa bath and steam shower, and a tranquil sitting room. For car enthusiasts, showroom-style garages with glass walls provide a striking display for your collection enjoyed from the private study.

Listing Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 11/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $310,818

Year Built

  • Built in 2022

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 88'x199'x166'x175'
  • 166 Feet of Waterfront
  • Corner Lot
  • Sprinkler System
  • Property is zoned R1A(ci

HOA Fees

  • $346 Monthly HOA Fees

Parking

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

Property Views

  • Canal
  • Garden
  • Pool

Interior Spaces

  • 11,471 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Bar
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Canal Access
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100030140

Community Details

Overview

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

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$310,818

Year Built

Built in 2022

Lot Details

0

HOA Fees

$346 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: 2022
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, High Ceilings, Pantry, Separate Shower, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Hardwood, Tile, Wood
  • Living Area: 11471.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • View: Canal, Garden, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Security Guard
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 346.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 06434729100030140
  • Lot Size: 88'x199'x166'x175'
  • Lot Size Sq Ft: 26728.0
  • Zoning Description: R1A(ci

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 310818.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $211,024 $12,383,302 -- --
2023 $201,262 $11,364,339 $5,490,360 $6,789,026
2022 $73,521 $4,167,451 $0 $0
2021 $120,436 $6,651,907 $6,600,000 $51,907
2020 $140,574 $7,807,223 $0 $0
2019 $139,265 $7,631,694 $0 $0
2018 $132,564 $7,489,395 $0 $0
2017 $131,942 $7,335,353 $0 $0
2016 $132,604 $7,184,479 $0 $0
2015 $136,357 $7,134,537 $0 $0
2014 $136,934 $7,077,914 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2025 10/20/25 Price Changed $24,500,000 +2.3% $2,136 / Sq Ft
10/04/2025 10/04/25 Off Market $23,950,000 -- --
09/29/2025 09/29/25 For Sale $23,950,000 0.0% $2,088 / Sq Ft
06/16/2025 06/16/25 Price Changed $23,950,000 -6.1% $2,088 / Sq Ft
11/15/2024 11/15/24 For Sale $25,500,000 +12.8% $2,223 / Sq Ft
06/08/2023 06/08/23 Sold $22,600,000 -9.6% $1,970 / Sq Ft View Prior Sale
06/07/2023 06/07/23 Pending -- -- --
05/24/2023 05/24/23 Price Changed $24,995,000 -5.7% $2,179 / Sq Ft
04/18/2023 04/18/23 Price Changed $26,500,000 -9.4% $2,310 / Sq Ft
02/09/2023 02/09/23 Price Changed $29,250,000 -16.4% $2,550 / Sq Ft
04/11/2022 04/11/22 For Sale $35,000,000 +271.4% $3,051 / Sq Ft
12/22/2020 12/22/20 Sold $9,425,000 -5.5% $763 / Sq Ft View Prior Sale
11/22/2020 11/22/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $9,975,000 -- $807 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $22,600,000 None Listed On Document
Interfamily Deed Transfer -- Old Palm Title Llc
Warranty Deed $5,275,000 Attorney
Warranty Deed $9,425,000 Attorney
Warranty Deed $7,200,000 Old Palm Title Llc
Warranty Deed $7,350,000 Attorney
Source: Public Records

Source: BeachesMLS

MLS Number: R11037462

BeachesMLS

APN: 06-43-47-29-10-003-0130

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

298 W Key Palm Rd, Boca Raton, FL

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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David Roberts
Listing Agent
David Roberts
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Royal Palm Properties LLC
(561) 576-6139