NOT LISTED FOR SALE

429 E Alexander Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $8,719,000 - $14,720,123

6 Beds
8 Baths
8,082 Sq Ft
$1,381/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $9,600,000 $1,188 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $72,860/month

40 Days on Market

Highlights

  • 88 Feet of Waterfront
  • Property has ocean access
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Saltwater Pool
  • Roman Tub

About This Home

As of May 2021

This home is located at 429 E Alexander Palm Rd, Boca Raton, FL 33432 since 16 March 2021 and is currently estimated at $11,161,708, approximately $1,381 per square foot. This property was built in 2012. 429 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.

Last Agent to Sell the Property

Bambi Ross

One Sotheby's International Realty License #3212300 Listed on: 03/16/2021

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,081

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 115 x 181 x 88 x 213
  • 88 Feet of Waterfront
  • Fenced
  • Sprinkler System
  • Property is zoned R1a

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Canal
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 8,082 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • High Ceiling
  • Decorative Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Saltwater Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100010510

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

$115,081

Year Built

Built in 2012

Lot Details

0

HOA Fees

$247 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Enter RPYCC from Federal Highway South of Camino Real. Follow road to the end. Turn Left onto Alexander Palm Road. 429 is on your left.
  • Year Built: 2012
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Elevator, Fireplace, Garden Tub/Roman Tub, High Ceilings, Pantry, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 8082.0
  • Dining Room Type: Den, Family Room, Great Room, In-Law Suite, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Canal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 247.0
  • 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 #: 06434729100010510
  • Lot Size: 115 x 181 x 88 x 213
  • Zoning Description: R1a
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 115081.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 25, 2021
Sold by
Elias Cindy Barad and The Alexander Palm Revocable T
Bought by
Frank Joshua and Frank Victoria
Seller's Agent
Bambi Ross
One Sotheby's International Realty
List Price
$9,875,000
Sold Price
$9,600,000
Premium/Discount to List
-$275,000
-2.78%
Current Estimated Value
$11,161,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,561,708
Avg. Annual Appreciation
3.59%
Original Mortgage
$4,000,000
Outstanding Balance
$3,577,069
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$7,584,639

Purchase Details

Listed on
Aug 15, 2011
Closed on
Sep 26, 2013
Sold by
Maccutcheon James A
Bought by
Elias Cindy Barad and Alexander Palm Revocable Trust
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Bambi Ross
One Sotheby's International Realty
List Price
$7,650,000
Sold Price
$6,456,000
Premium/Discount to List
-$1,194,000
-15.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$3,600,000
Interest Rate
4.39%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 9, 2011
Sold by
Egan Maureen E and Maureen E Egan 1986 Trust
Bought by
Maccutcheon James A

Purchase Details

Closed on
Mar 23, 2005
Sold by
Terry Edmund and Terry Barbara
Bought by
Egan Richard J
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Frank Joshua $9,600,000 Attorney
Elias Cindy Barad $6,456,000 Old Palm Title Llc
Maccutcheon James A $2,500,000 Old Palm Title Llc
Egan Richard J $3,412,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Joshua $4,000,000
Previous Owner Eilias Cindy Barad $5,000,000
Previous Owner Elias Cindy Barad $3,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $9,600,000 -2.8% $1,188 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $9,875,000 +53.0% $1,222 / Sq Ft
09/26/2013 09/26/13 Sold $6,456,000 -15.6% $805 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
08/15/2011 08/15/11 For Sale $7,650,000 -- $954 / 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 $147,190 $8,671,918 -- --
2023 $144,121 $8,419,338 $0 $0
2022 $143,164 $8,174,115 $0 $0
2021 $128,164 $7,224,868 $3,685,000 $3,539,868
2020 $115,081 $6,355,181 $3,350,000 $3,005,181
2019 $100,807 $5,447,651 $0 $0
2018 $94,508 $5,346,076 $0 $0
2017 $94,058 $5,236,118 $0 $0
2016 $94,520 $5,128,421 $0 $0
2015 $97,186 $5,092,772 $0 $0
2014 $97,597 $5,052,353 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bambi Ross

    One Sotheby's International Realty

    (561) 859-9000

    1 in this area

    12 Total Sales

    Bambi Ross
    Section Image
  • David Roberts

    Seller's Agent in 2013

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    167 in this area

    177 Total Sales

    David Roberts
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10700103

BeachesMLS

APN: 06-43-47-29-10-001-0510

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

429 E Alexander Palm Rd, Boca Raton, FL

This home is located at 429 E Alexander Palm Rd, Boca Raton, FL 33432 since 16 March 2021 and is currently estimated at $11,161,708, approximately $1,381 per square foot. This property was built in 2012. 429 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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