$10,500,000
SOLD JUL 15, 2022
5 Beds
5.5 Baths
7,800 Sq Ft
0.48 Acres

Recently Sold

$1,346 Per Sq Ft

28% Below List Price

130 Days on Market

Highlights

  • 124 Feet of Waterfront
  • Property has ocean access
  • Private Pool
  • Boca Raton Community Middle School Rated A-
  • Intracoastal View
  • Vaulted Ceiling

About This Home

As of July 2024

Yachtsman's Paradise!! Rarely Available Waterfront Lot with Very Easy Direct Ocean Access just Minutes to the Boca Inlet. Don't need to weave thru tight Canals. No Fixed Bridges. Total Privacy with no Rear Neighbors and Still have Intracoastal Views. One Lot in from the Point, and your Large Boat does not need to be on a Lift! Alexander Palm Road is the most desired Address in Royal Palm. Enjoy the Warm Weather & Fabulous Lifestyle as you Reimagine the existing Structure or Build your Dream Home on a 1/2 Acre Lot in one of the Finest and Most Prestigious Communities not just in Boca Raton, but in all of Florida. RPYCC does NOT require a Mandatory Membership, and its Prime Location is next to The New Boca Raton Hotel and Beach Club (former Boca Resort). Don't Miss this Amazing Opportunity!

Last Agent to Sell the Property

David Wolofsky

The Keyes Company License #3223346 Listed on: 02/04/2022

The Keyes Company

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,712

Year Built

  • Built in 1971

Lot Details

  • 0.48 Acre Lot
  • 124 Feet of Waterfront
  • Property is zoned R1A(ci

HOA Fees

  • $270 Monthly HOA Fees

Property Views

  • Intracoastal
  • Canal

Interior Spaces

  • 7,800 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Parquet Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Attached Garage
  • Attached Carport

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100010210

Community Details

Overview

  • Association fees include security
  • Royal Palm Yacht & Countr Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,712

Year Built

Built in 1971

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Enter Royal Palm Yacht & Country Club from Federal Highway south of Camino Real.Follow Royal Palm Way onto Date Palm until the end. Turn Left on to E. Alexander Palm Rd, and 360 will be on the Right.
  • Year Built: 1971
  • Carport Y N: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Other, Parquet
  • Living Area: 7800.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • View: Canal, Intercoastal
  • Road Frontage Type: Waterfront
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached Carport, Attached, Garage

Utilities

  • Security: Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 270.0
  • Community Features: Non-Gated, Street Lights
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Parcel #: 06434729100010210
  • Lot Size Sq Ft: 21086.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 25712.0

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%
Views
106
Current Estimated Value
$13,272,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,227,924
Avg. Annual Appreciation
-49.46%

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: R10774780

BeachesMLS

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