NOT LISTED FOR SALE

485 E Royal Palm Rd Unit 704 Boca Raton, FL 33432

Estimated Value: $3,185,000 - $3,235,000

3 Beds
3.5 Baths
2,469 Sq Ft
1.15 Acres

Last Sold April 17, 2024

Last sale price $3,550,000 $1,438 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $20,246/month

581 Days on Market

Highlights

  • Fitness Center
  • Golf Course View
  • Elevator
  • Boca Raton Community Middle School Rated A-
  • Community Pool
  • 2-minute walk to Wildflower Park

About This Home

As of April 2024

Tucked away in a Quiet Sanctuary at the intersection of City and Sea, this Modern work of Art will rise above the premier address in All of Boca. 48 Luxury Boutique Residences will feature the finest finishes and amenities. Owners will enjoy dual entry private elevator access directly into their residence. Each home will have 270 degrees of natural light, European kitchens and top of the line appliances. Residences will have Wolf gas barbecue grills built into their outdoor terrace. Amenities include two assigned parking spaces per residence, a Wellness Plaza featuring Fitness Center, Club Room for entertaining and Pool. Just steps away from the finest Beaches, Restaurants, Shopping, Entertainment and planned multi-million dollar Water Park, right outside the Building.

Last Agent to Sell the Property

Nunzia Alvergue

One Sotheby's International Realty License #3139185 Listed on: 08/16/2022

One Sotheby's International Realty

Co-Listed By

Joanne Shaer

Douglas Elliman License #644098

Last Buyer's Agent

Alexa Downie

Compass Florida LLC License #3536748

Compass Florida LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2024

Lot Details

  • 1.15

Parking

  • 2 Car Garage
  • Assigned Parking

Interior Spaces

  • 2,469 Sq Ft Home
  • Open Floorplan
  • Golf Course Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 7 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Additional Features

  • Open Patio
  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729010150180

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, cable TV, gas, insurance, ground maintenance, maintenance structure, pest control, sewer, security, trash, water
  • 48 Units
  • Palm Building Condos
  • Royal Palm Residences Subdivision
  • 9-Story Property

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2024

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95, Take Palmetto Park Rd. east until 5th Ave. The Royal Palm Residences Sales & Model Gallery located at 490 East Palmetto Park Rd on the SW corner of the intersection of Palmetto and 5th Ave
  • MaximumNumberOfPets: 2
  • Year Built: 2024
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: 4098

Interior Features

  • Interior Amenities: Bathtub, Dual Sinks, Eat-in Kitchen, Family/Dining Room, Kitchen/Dining Combo, Split Bedrooms, Soaking Tub
  • Main Level Bedrooms: 7
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other
  • Living Area: 2469.0
  • Stories: 9

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: City, Golf Course
  • Lot Features: 1-2 Acres
  • Pool Features: Association
  • Pool Private: No
  • Road Frontage Type: Public Road
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Open
  • Property Condition: To Be Built

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage

Utilities

  • Security: Security System, Key Card Entry, Lobby Secured, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1798.16
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Sidewalks
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Parking, Spa/Hot Tub, Elevator(s)
  • Association: Yes
  • Pets Allowed: Breed Restrictions

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Gas, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434729010150180
  • Lot Size Acres: 1.15
  • Lot Size Sq Ft: 50094.0
  • Mobile Dim Units: Feet
  • Zoning: DDRI

Tax Info

  • Tax Year: 2024

Multi Family

  • Number Of Units In Community: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Apr 17, 2024
Sold by
Group P6-C Llc
Bought by
Highfield Tod Edward
Seller's Agent
Nunzia Alvergue
One Sotheby's International Realty
Buyer's Agent
Alexa Downie
Compass Florida LLC
List Price
$3,750,000
Sold Price
$3,550,000
Premium/Discount to List
-$200,000
-5.33%
Views
82
Current Estimated Value
$3,210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$340,000
Avg. Annual Appreciation
-5.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Highfield Tod Edward $3,550,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2024 04/17/24 Sold $3,550,000 -5.3% $1,438 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
08/16/2022 08/16/22 For Sale $3,750,000 -- $1,519 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2023 $80,527 $4,692,765 -- --
2022 $74,915 $4,266,150 $0 $0
2021 $77,034 $4,266,150 $4,266,150 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nunzia Alvergue

    One Sotheby's International Realty

    (561) 376-4921

    43 Total Sales

    Nunzia Alvergue
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Joanne Shaer

    Douglas Elliman

    25 Total Sales

    Joanne Shaer
    Section Image

  • A

    Buyer's Agent in 2024

    Alexa Downie

    Compass Florida LLC

    (954) 242-7449

    6 Total Sales

    Alexa Downie
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10825126

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-69-000-7040

Florida Palm Beach County Boca Raton 33432

485 E Royal Palm Rd Unit 704, Boca Raton, FL

Not Listed for Sale

Condos

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