NOT LISTED FOR SALE

324 E Alexander Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $7,641,000 - $9,658,970

5 Beds
6.5 Baths
6,200 Sq Ft
$1,399/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $4,300,000 $694 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $51,773/month

384 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat Ramp
  • Intracoastal View
  • Boca Raton Community Middle School Rated A-
  • Property has ocean access
  • Gated with Attendant

About This Home

As of May 2017

CUSTOM BUILT TO OWNERS SPECS. COMPLETE POURED CONCRETE CONST. IMPACT GLASS. EXTENSIVE PRECAST WORK INSIDE & OUT. GREAT VIEW OF INTRACOASTAL, NOT A SPEC HOUSE. SELLER WILL PAY TITLE INSURANCE AND DOC STAMPS AS OPPOSED TO SPEC HOME. SEE ADDENDUM BELOW ROYAL PALM YACHT & COUNTRY CLUB THE MOST SOUGHT AFTER COMMUNITY IN SOUTH FLORIDA. A TRUE SECLUDED PARADISE IN DOWNTOWN BOCA RATON. THIS HOME LOCATED ON A DESIRABLE CANAL WITH VIEWS OF THE INTRACOASTAL AND PROTECTED CAPONE ISLAND WAS BUILT TO OWNERS CUSTOM SPECS. 100 FEET OF WATER FRONT WITH A 8 FOOT WIDE SATURNIA DOCK READY TO ACCOMMODATE YOUR YACHT. A UNIQUE REAR YARD WITH A COVERED LANAI AND BRAZILIAN DAFFODIL QUARTZ PATIO WHICH HAS SUMMER KITCHEN AND SEPARATE AUTHENTIC TIKI HUT WITH WET BAR AND REFRIGERATOR.

Last Agent to Sell the Property

Vincent Morea

The Keyes Company License #683228 Listed on: 03/15/2016

The Keyes Company

Last Buyer's Agent

Vincent Morea

The Keyes Company License #683228 Listed on: 03/15/2016

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,305

Year Built

  • Built in 2002

Lot Details

  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Sprinkler System
  • Property is zoned R1a

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Canal
  • Garden

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 6,200 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Gunite Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100010180

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Boating
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,305

Year Built

Built in 2002

Lot Details

0

HOA Fees

$210 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: FEDERAL HWY ENTRANCE FOLLOW DATE PALM TO END MAKE LEFT ON ALEXANDER PALM HOUSE ON RIGHT.
  • Year Built: 2002
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Jetted Tub, Custom Mirrors, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Attic, Central Vacuum
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Trash Compactor, Water Purifier, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 6200.0
  • Dining Room Type: Attic, Den, Family Room, In-Law Suite, Loft, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Canal, Garden, Intercoastal
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Motion Detectors, Security Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 210.0
  • Community Features: Boat Facilities, Street Lights
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100010180
  • Zoning Description: R1a

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 54305.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Khoshaba Daniel and Khoshaba Olivia
Bought by
Khoshaba Daniel and Khoshaba Olivia
Current Estimated Value
$8,673,493

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 15, 2017
Sold by
Campagna Lisa
Bought by
Khoshaba Daniel and Perk Olivia
Seller's Agent
Vincent Morea
The Keyes Company
Buyer's Agent
Vincent Morea
The Keyes Company
List Price
$4,950,000
Sold Price
$4,300,000
Premium/Discount to List
-$650,000
-13.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%

Purchase Details

Listed on
Jul 12, 2011
Closed on
May 30, 2012
Sold by
Morea Vincent and Morea Sheree
Bought by
Cardaci Frank A and Campagna Lisa
Seller's Agent
Vincent Morea
The Keyes Company
Buyer's Agent
Christina Freudenthal
Luxury One Realty
List Price
$4,499,000
Sold Price
$3,250,000
Premium/Discount to List
-$1,249,000
-27.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$2,112,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 25, 2007
Sold by
Morea Vincent and Morea Sheree
Bought by
Morea Vincent and Morea Sheree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2007
Sold by
Morea Vincent and Morea Sheree
Bought by
Morea Vincent and Morea Sheree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2004
Sold by
Morea Vincent and Morea Sheree
Bought by
Morea Vincent and Morea Sheree

Purchase Details

Closed on
Jul 20, 1999
Sold by
Dellaquila Dolores
Bought by
Morea Vincent and Morea Sheree

Purchase Details

Closed on
Feb 19, 1998
Sold by
Dellaquila Anthony
Bought by
Dellaquila Delores
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Khoshaba Daniel -- None Listed On Document
Khoshaba Daniel $3,900,000 Law Offices Of Jonathan Bloo
Cardaci Frank A $3,250,000 Attorney
Morea Vincent -- Attorney
Morea Vincent -- Reliable Title Services Inc
Morea Vincent -- --
Morea Vincent $1,375,000 --
Dellaquila Delores $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khoshaba Daniel $3,000,000
Previous Owner Cardaci Frank A $2,112,500
Previous Owner Morea Vincent $500,000
Previous Owner Morea Vincent $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $4,300,000 -13.1% $694 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/15/2016 03/15/16 For Sale $4,950,000 +52.3% $798 / Sq Ft
05/30/2012 05/30/12 Sold $3,250,000 -27.8% $524 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
07/12/2011 07/12/11 For Sale $4,499,000 -- $726 / 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 $56,028 $6,570,258 -- --
2023 $109,108 $6,378,891 $0 $0
2022 $108,377 $6,193,098 $0 $0
2021 $74,054 $4,780,698 $3,685,000 $1,095,698
2020 $60,311 $3,322,227 $2,750,000 $572,227
2019 $59,039 $3,159,699 $2,500,000 $659,699
2018 $56,984 $3,191,924 $2,571,424 $620,500
2017 $49,552 $2,769,921 $0 $0
2016 $49,778 $2,712,949 $0 $0
2015 $54,305 $2,857,569 $0 $0
2014 $54,533 $2,834,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2017

    Vincent Morea

    The Keyes Company

    (561) 212-9933

    43 Total Sales

    Vincent Morea
    Section Image

  • C

    Buyer's Agent in 2012

    Christina Freudenthal

    Luxury One Realty

See All Agents

Map

Source: BeachesMLS

MLS Number: R10216860

BeachesMLS

APN: 06-43-47-29-10-001-0180

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

324 E Alexander Palm Rd, Boca Raton, FL

This home is located at 324 E Alexander Palm Rd, Boca Raton, FL 33432 since 15 March 2016 and is currently estimated at $8,673,493, approximately $1,398 per square foot. This property was built in 2002. 324 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.

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.

Nearby Homes