$28,500,000
SOLD JUL 22, 2024
7 Beds
10 Baths
10,723 Sq Ft
0.48 Acres

Recently Sold

$2,658 Per Sq Ft

16% Below List Price

62 Days on Market

Highlights

  • Property has ocean access
  • Intracoastal View
  • Heated Pool
  • Boca Raton Community Middle School Rated A-
  • New Construction
  • Waterfront

About This Home

As of July 2024

Welcome to 360 E Alexander Palm Road, an extraordinary masterpiece crafted by SRD Building Corp. This prestigious Signature Estate takes luxury coastal living to new heights, commanding stunning Intracoastal and waterway views. Embrace the grandeur of this furnished turn-key masterpiece, encompassing over 10,700 sf of sheer splendor. The 7 lavish bedrooms offer abundant space to accommodate family and guests. A trendy club room awaits, complete with a striking bar and wine room, setting the stage for unforgettable gatherings. A dedicated study and multiple living rooms add sophistication and versatility to this impressive abode. Indulge your culinary passions in the gorgeous open-air kitchen, where culinary delights meet exquisite design.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 05/03/2024

Last Buyer's Agent

Joseph Liguori

Premier Estate Properties Inc License #487849

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $114,786

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 85'x224'x124'x168'
  • Waterfront
  • Sprinkler System
  • Property is zoned R1A(ci

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Canal
  • Garden
  • Pool

Interior Spaces

  • 10,723 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Furnished
  • Bar
  • High Ceiling
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100010210

Community Details

Overview

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

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$114,786

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$316 per month

Parking

6

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: 2024
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Elevator, High Ceilings, Pantry, Separate Shower, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Tile, Wood
  • Living Area: 10723.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • View: Canal, Garden, Intercoastal, 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: New Construction

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 316.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100010210
  • Lot Size: 85'x224'x124'x168'
  • Lot Size Sq Ft: 21086.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 114786.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 22, 2024
Sold by
360 East Alexander Palm Road Trust and Sakalo Jay M
Bought by
Alexander Palm Road Trust and Rothenberg
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Joseph Liguori
Premier Estate Properties Inc
List Price
$33,975,000
Sold Price
$28,500,000
Premium/Discount to List
-$5,475,000
-16.11%
Total Days on Market
62
Views
106
Current Estimated Value
$13,933,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,566,208
Avg. Annual Appreciation
-56.49%

Purchase Details

Listed on
Feb 4, 2022
Closed on
Jul 15, 2022
Sold by
Phyllis Robinson
Bought by
360 East Alexander Palm Road Trust
Seller's Agent
David Wolofsky
The Keyes Company
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$14,599,000
Sold Price
$10,500,000
Premium/Discount to List
-$4,099,000
-28.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.94%
Source: Public Records

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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 $28,500,000 None Listed On Document
Warranty Deed -- Leland H Talcott Pa
Warranty Deed $10,500,000 Leland H Talcott Pa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $13,500,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $645,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $28,500,000 -16.1% $2,658 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $33,975,000 +223.6% $3,168 / Sq Ft
07/15/2022 07/15/22 Sold $10,500,000 -28.1% $1,346 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $14,599,000 -- $1,872 / 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 $112,665 $6,622,341 -- --
2023 $114,786 $6,689,224 $6,688,320 $904
2022 $25,788 $1,489,938 $0 $0
2021 $25,712 $1,446,542 $0 $0
2020 $25,352 $1,426,570 $0 $0
2019 $25,485 $1,394,497 $0 $0
2018 $23,885 $1,368,496 $0 $0
2017 $23,753 $1,340,349 $0 $0
2016 $23,842 $1,312,781 $0 $0
2015 $24,494 $1,303,655 $0 $0
2014 $24,595 $1,293,309 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10984117

BeachesMLS

APN: 06-43-47-29-10-001-0210