$12,000,000
SOLD JUN 8, 2021
6 Beds
10 Baths
9,022 Sq Ft
0.45 Acres

Recently Sold

$1,330 Per Sq Ft

7% Below List Price

23 Days on Market

Highlights

  • Property has ocean access
  • Heated Pool
  • Waterfront
  • Boca Raton Community Middle School Rated A-
  • Gated Community
  • Marble Flooring

About This Home

As of June 2021

This home is located at 311 E Key Palm Rd, Boca Raton, FL 33432 and is currently priced at $12,000,000, approximately $1,330 per square foot. This property was built in 2015. 311 E Key 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: 04/15/2021

Signature One Luxury Estates LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $117,413

Year Built

  • Built in 2015

Lot Details

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

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 9,022 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Loft

Kitchen

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

  • Intercom
  • Impact Glass

Outdoor Features

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434729100030210

Community Details

Overview

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

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$117,413

Year Built

Built in 2015

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: E Camino Real to Royal Palm Way, Left on Date Palm Rd., Left on Key Palm Rd. house will be on your left.
  • Year Built: 2015
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum, Intercom, Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 9022.0
  • Dining Room Type: Den, Family Room, Laundry, Loft, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: 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: Flat, Tile

Garage/Parking

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

Utilities

  • Other Equipment: Intercom
  • Security: Security Guard
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, 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: 247.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100030210
  • Lot Size Sq Ft: 19423.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 117413.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 8, 2021
Sold by
Roses Ark Llc
Bought by
Ettinger Derek and 2021 Tennis Trust
Seller's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$12,900,000
Sold Price
$12,000,000
Premium/Discount to List
-$900,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.15%

Purchase Details

Closed on
Feb 16, 2021
Sold by
Franco Paulina Lacs and Sperber Brian
Bought by
Roses Ark Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,100,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 25, 2014
Closed on
Jan 5, 2015
Sold by
Palmer Bernard and Palmer Maggie
Bought by
Corsi Kathleen and Cosby Mark S
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Hap Pomerantz
Inactive member
List Price
$9,450,000
Sold Price
$5,000,000
Premium/Discount to List
-$4,450,000
-47.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jun 23, 2014
Sold by
Taylor Donald H and Taylor Dolores E
Bought by
Palmer Bernard and Palmer Maggie
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$3,150,000
Sold Price
$3,000,000
Premium/Discount to List
-$150,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
157.53%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $12,000,000 Attorney
Warranty Deed -- Sunbelt Title Agency
Warranty Deed $5,000,000 Attorney
Deed $3,000,000 Old Palm Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $14,625,000 New Conventional
Closed $7,800,000 New Conventional
Previous Owner $6,100,000 Commercial
Previous Owner $5,000,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 For Sale $17,750,000 +47.9% $1,931 / Sq Ft
06/08/2021 06/08/21 Sold $12,000,000 -7.0% $1,330 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $12,900,000 +29.0% $1,430 / Sq Ft
05/04/2020 05/04/20 Sold $10,000,000 -2.4% $1,108 / Sq Ft
04/04/2020 04/04/20 Pending -- -- --
02/22/2019 02/22/19 For Sale $10,250,000 +105.0% $1,136 / Sq Ft
01/05/2015 01/05/15 Sold $5,000,000 -47.1% $550 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $9,450,000 +215.0% $1,039 / Sq Ft
06/23/2014 06/23/14 Sold $3,000,000 -4.8% $583 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $3,150,000 -- $612 / 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 $152,139 $8,962,828 -- --
2023 $148,968 $8,701,775 $0 $0
2022 $147,979 $8,448,325 $0 $0
2021 $126,807 $7,004,730 $3,685,000 $3,319,730
2020 $117,413 $6,484,334 $3,350,000 $3,134,334
2019 $118,542 $6,361,628 $3,000,000 $3,361,628
2018 $109,184 $6,131,855 $3,143,550 $2,988,305
2017 $109,156 $6,032,118 $2,857,773 $3,174,345
2016 $107,383 $5,782,420 $0 $0
2015 $47,553 $2,474,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10708355

BeachesMLS

APN: 06-43-47-29-10-003-0210