NOT LISTED FOR SALE

485 E Royal Palm Rd Unit 803 Boca Raton, FL 33432

Boca Raton Area

Estimated Value: $2,723,000 - $3,287,305

3 Beds
3.5 Baths
2,469 Sq Ft
1.15 Acre Lot

Sale Details

Date Sold: April 10, 2024

Last sale price $3,750,000 $1,519 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $21,854 / mo

723 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Colonial Architecture
  • Boca Raton Community Middle School Rated A-
  • New Construction
  • 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. park, right outside the building.

Last Agent to Sell the Property

Joanne Shaer

Douglas Elliman License #644098 Listed on: 03/28/2022

Douglas Elliman

Co-Listed By

Nunzia Alvergue

One Sotheby's International Realty License #3139185

Last Buyer's Agent

Nancy Ghen

Coldwell Banker/BR License #534196

Coldwell Banker/BR

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2024 | New Construction

Lot Details

  • South Facing Home

HOA Fees

  • $1,796 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

  • Ocean
  • Intracoastal
  • Golf Course
  • City

Home Design

  • Colonial Architecture
  • Entry on the 8th floor

Interior Spaces

  • 2,469 Sq Ft Home
  • Cathedral Ceiling
  • Entrance Foyer
  • Open Floorplan
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Living Area
  • Built-In Barbecue

Schools

  • Boca Raton Elementary School
  • Boca Raton Community Middle School
  • Boca Raton High School

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power

Listing and Financial Details

  • Assessor Parcel Number 06434729010150180

Community Details

Overview

  • Association fees include common areas, cable TV, gas, insurance, ground maintenance
  • 48 Units
  • Royal Palm Residences Subdivision
  • 9-Story Property

Amenities

  • Secure Lobby
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2024 | New Construction

Lot Details

1.15 Acres

HOA Fees

$1,796 per month

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 AVENUE. THE ROYAL PALM SALES & MODEL GALLERY IS LOCATED AT 490 EAST PALMETTO PARK RD ON THE SW CORNER OF THE INTERSECTION OF PALMETTO PARK RD AND 5TH
  • Year Built: 2024
  • Architectural Style: Colonial
  • Entry Level: 8
  • New Construction: Yes
  • DelayedMarketingYN: No
  • Special Features: 4098

Interior Features

  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Family/Dining Room, Kitchen Island, Kitchen/Dining Combo, Pantry, Split Bedrooms, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Oven, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other
  • Living Area: 2469.0
  • Stories: 9

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Living Area
  • View: City, Golf Course, Intercoastal, Ocean
  • Lot Features: 1-2 Acres
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Balcony
  • Property Condition: New Construction

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
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 1795.83
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Spa/Hot Tub, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Gas, Insurance, Maintenance Grounds

Schools

  • Elementary School: Boca Raton
  • High School: Boca Raton
  • Middle Or Junior School: Boca Raton Community

Lot Info

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

Tax Info

  • Tax Year: 2024

Multi Family

  • Number Of Units In Community: 48

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Bought by
Current Estimated Value
$3,110,326
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,800,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,877,781
Previous Owner $1,611,000
Previous Owner $62,200,000
Previous Owner --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/10/2024 04/10/24 Sold $3,750,000 0.0% $1,519 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
01/30/2024 01/30/24 Off Market $3,750,000 -- --
03/28/2022 03/28/22 For Sale $3,900,000 -- $1,580 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10787130

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-69-000-8030

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