NOT LISTED FOR SALE

403 E Alexander Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $9,660,000

6 Beds
9 Baths
8,641 Sq Ft
$1,118/Sq Ft Est. Value

Last Sold April 07, 2014

Last sale price $4,550,000 $527 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $62,390/month

133 Days on Market

Highlights

  • Property has ocean access
  • Private Pool
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Waterfront
  • Marble Flooring

About This Home

As of April 2014

Magnificent waterfront home in Royal Palm Yacht & Country Club on 88ft of waterfront. Property has a private dock with direct Intracoastal & ocean access. Home features a grand foyer entry with marble flooring & custom inlays, formal living & dining rooms with double sided gas fireplace & stone columns. Private library with custom built-ins & wood flooring, custom moldings & trim throughout, large family room with built-ins, gourmet kitchen with custom wood cabinetry, granite countertops, double oven, gas stove, two dishwashers & two refrigerators. First floor master suite features a private sitting area with wet bar opening to a covered patio area with fireplace, gold leaf ceiling detail, large his & her bathrooms with wood cabinetry & granite countertops and extra large walk-in closet.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 10/25/2013

Last Buyer's Agent

Jonathan Postma

Coldwell Banker/BR License #3199367

Coldwell Banker/BR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • Waterfront
  • Southeast Facing Home
  • Property is zoned R1a

HOA Fees

  • $197 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Canal
  • Garden
  • Pool

Interior Spaces

  • 8,641 Sq Ft Home
  • 2-Story Property
  • Elevator
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Loft

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100010530

Community Details

Overview

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

Security

  • Security Guard

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$197 per month

Parking

4

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: 1995
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 8641.0
  • Dining Room Type: Den, Laundry, Loft
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • View: Canal, Garden, Pool
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southeast
  • Patio And Porch Features: Balcony, Open, Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 197.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Security

Lot Info

  • Parcel #: 06434729100010530
  • Zoning Description: R1a

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 173968.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
Apr 25, 2014
Sold by
Scott Steven M and 400 Alexander Palm Land Trust
Bought by
Nagel Eric and The Blueberry Land Trust
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Jonathan Postma
Coldwell Banker/BR
List Price
$4,750,000
Sold Price
$4,550,000
Premium/Discount to List
-$200,000
-4.21%
Current Estimated Value
$9,660,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,110,000
Avg. Annual Appreciation
6.82%
Original Mortgage
$6,130,000
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 7, 2011
Sold by
Egan Maureen and Maureen K Egan 1986 Trust
Bought by
Scott Steven M and 400 Alexander Palm Land Trust

Purchase Details

Closed on
Feb 16, 2010
Sold by
Egan Maureen E
Bought by
Egan Maureen E and The Maureen E Egan 1986 Trust

Purchase Details

Closed on
Sep 22, 1997
Sold by
Suntrust Bank Pr
Bought by
Egan Richard J
Source: Public Records

Range of Values:

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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
Nagel Eric $11,400,000 Attorney
Scott Steven M $9,000,000 Old Palm Title Llc
Egan Maureen E -- None Available
Egan Richard J $4,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blueberry Land Trust $11,750,000
Closed Nagel Eric $6,130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2014 04/07/14 Sold $4,550,000 -4.2% $527 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $4,750,000 -48.6% $550 / Sq Ft
04/08/2013 04/08/13 Sold $9,250,000 +55.5% $1,070 / Sq Ft
03/09/2013 03/09/13 Pending -- -- --
08/04/2010 08/04/10 For Sale $5,950,000 -- $689 / 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 $309,048 $18,185,842 -- --
2023 $302,624 $17,656,157 $0 $0
2022 $300,641 $17,141,900 $0 $0
2021 $300,108 $16,642,621 $0 $0
2020 $295,975 $16,412,841 $0 $0
2019 $297,722 $16,043,833 $0 $0
2018 $279,140 $15,744,684 $10,596,129 $5,148,555
2017 $259,192 $14,345,939 $8,830,107 $5,515,832
2016 $293,545 $15,832,665 $0 $0
2015 $183,421 $9,556,393 $0 $0
2014 $168,801 $8,687,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Roberts

    Seller's Agent in 2014

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    167 in this area

    177 Total Sales

    David Roberts
    Section Image
  • Jonathan Postma

    Buyer's Agent in 2014

    Jonathan Postma

    Coldwell Banker/BR

    (561) 843-7828

    11 in this area

    109 Total Sales

    Jonathan Postma
    Section Image
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Map

Source: BeachesMLS

MLS Number: R9988487

BeachesMLS

APN: 06-43-47-29-10-001-0240

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

403 E Alexander Palm Rd, Boca Raton, FL

This home is located at 403 E Alexander Palm Rd, Boca Raton, FL 33432 since 25 October 2013 and is currently estimated at $9,660,000, approximately $1,117 per square foot. This property was built in 1995. 403 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.

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