NOT LISTED FOR SALE

Estimated Value: $11,472,696

6 Beds
8.5 Baths
9,448 Sq Ft
$1,214/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $14,500,000 $1,535 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $78,315/month

17 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Gated with Attendant
  • Canal Access
  • Boca Raton Community Middle School Rated A-
  • Heated Pool
  • Canal View

About This Home

As of May 2022

This home is located at 303 E Alexander Palm Rd, Boca Raton, FL 33432 since 15 March 2022 and is currently priced at $11,472,696, approximately $1,214 per square foot. This property was built in 2005. 303 E 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

Marcy Javor

Signature One Luxury Estates LLC License #3329310 Listed on: 03/15/2022

Signature One Luxury Estates LLC

Last Buyer's Agent

Marcy Javor

Signature One Luxury Estates LLC License #3329310 Listed on: 03/15/2022

Signature One Luxury Estates LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $92,916

Year Built

  • Built in 2005

Lot Details

  • 0.39 Acre Lot
  • 101 Feet of Waterfront
  • Corner Lot
  • Sprinkler System
  • Property is zoned R-1-A Si

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Driveway

Property Views

  • Canal
  • Garden
  • Pool

Interior Spaces

  • 9,448 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Loft

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Canal Access
  • Seawall
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100010580

Community Details

Overview

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$92,916

Year Built

Built in 2005

Lot Details

0

HOA Fees

$247 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: E Camino Real to Royal Palm Way, make a Right, Left of Date Palm Rd, House is on the Left Corner of E Alexander Palm Rd (end of Rd) & Date Palm Rd.
  • Year Built: 2005
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Kitchen/Dining Combo, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum, Loft
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 9448.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry, Loft
  • Stories: 2
  • Window Features: Drapes, Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill
  • View: Canal, Garden, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 06434729100010580
  • Lot Size Sq Ft: 17196.0
  • Zoning Description: R-1-A Si
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 92916.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
May 2, 2022
Sold by
Magid M Abraham Revocable Trust
Bought by
303 E Alexander Land Trust
Seller's Agent
Marcy Javor
Signature One Luxury Estates LLC
Buyer's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$14,750,000
Sold Price
$14,500,000
Premium/Discount to List
-$250,000
-1.69%
Current Estimated Value
$11,472,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,027,304
Avg. Annual Appreciation
-8.26%

Purchase Details

Listed on
Jun 3, 2020
Closed on
Nov 9, 2020
Sold by
Schleicher Don Robert and Schleicher Susan
Bought by
Abraham Magid M and Abraham Linda Boland
Seller's Agent
Todd Schleicher
Douglas Elliman
Buyer's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$6,950,000
Sold Price
$6,200,000
Premium/Discount to List
-$750,000
-10.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.24%
Original Mortgage
$4,200,000
Interest Rate
2.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2008
Sold by
Hood Wenford L and Hood Sylvia A
Bought by
Schleicher Don Robert and Schleicher Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Page Kenneth
Bought by
Hood Wenford L and Hood Sylvia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,465,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2003
Sold by
Polkinghorne Thelma M
Bought by
Page Kenneth and Adams Shelagh M
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
303 E Alexander Land Trust $14,500,000 Signature Title Group
303 E Alexander Land Trust $14,500,000 Signature Title Group
Abraham Magid M $6,200,000 Attorney
Magid M Abraham Revocable Trust $6,200,000 None Listed On Document
Magid M Abraham Revocable Trust $6,200,000 None Listed On Document
Schleicher Don Robert $5,000,000 Florida Title & Closing Co
Hood Wenford L $925,000 --
Page Kenneth $1,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magid M Abraham Revocable Trus $4,200,000
Previous Owner Schleicher Don Robert $2,009,900
Previous Owner Schleicher Don Robert $800,000
Previous Owner Schleicher Don $2,000,000
Previous Owner Schleicher Don Robert $2,000,000
Previous Owner Schleicher Don Robert $2,000,000
Previous Owner Hood Wenford L $4,500,000
Previous Owner Hood Wenford L $3,465,000
Previous Owner Polkinghorne Thelma M $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $14,500,000 -1.7% $1,535 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $14,750,000 +137.9% $1,561 / Sq Ft
11/13/2020 11/13/20 Sold $6,200,000 -10.8% $656 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $6,950,000 -- $736 / 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
2023 $192,491 $11,197,488 $5,490,360 $5,707,128
2022 $93,103 $5,323,325 $0 $0
2021 $92,916 $5,168,277 $3,025,000 $2,143,277
2020 $78,249 $4,355,876 $0 $0
2019 $78,698 $4,257,943 $0 $0
2018 $73,778 $4,178,551 $0 $0
2017 $73,422 $4,092,606 $0 $0
2016 $73,774 $4,008,429 $0 $0
2015 $75,849 $3,980,565 $0 $0
2014 $76,169 $3,948,973 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10784092

BeachesMLS

APN: 06-43-47-29-10-001-0580