7 months on rocket

1371 Royal Palm Way, Boca Raton, FL, 33432

$18,950,000

5 Bedrooms
5 Full Baths, 2 Partial
7,819 SqFt
$2,424/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Garage - Attached, Golf Cart
Attached Garage3 spaces
Year Built2021
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewGarden, Golf Course, Pool
Private PoolYes
MLS #RX-10976058
StatusActive

About 1371 Royal Palm Way

Welcome to 1371 Royal Palm Way, an extraordinary masterpiece crafted by SRD Building Corp. This prestigious Signature Estate takes luxury living to new heights, commanding stunning views of multiple new golf course fairways in the esteemed Royal Palm Yacht & Country Club. Embrace the grandeur of this modern home, encompassing over 7,800 sf of sheer splendor. The five lavish bedroom suites offer abundant space to accommodate family and guests. A trendy club room awaits, complete with a striking bar and wine room, setting the stage for unforgettable gatherings. A dedicated study and multiple living rooms add sophistication and versatility. The sprawling first-floor owner's suite is a sanctuary, boasting a morning bar and spa-like bathroom with His & her boutique closets.

Property Details

Property Features

Property Information:

  • Architectural Style: < 4 Floors
  • Year Built: 2021
  • Stories: 2
  • Living Area: 7,819 SqFt

Listing Office:

  • Office Name: Royal Palm Properties LLC
  • Office Phone: (561) 368-6200
  • Listing Agent: David W Roberts

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Dishwasher, Dryer, Freezer, Gas Range, Washer
  • Flooring Type: Tile, Wood Floor
  • Interior: Bar, Elevator, Foyer, Kitchen Island, Pantry, Upstairs Living Area, Volume Ceiling, Walk-in Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: Garden, Golf Course, Pool
  • Exterior: Auto Sprinkler, Covered Patio, Summer Kitchen

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Garage - Attached, Golf Cart

Virtual/3D Tour

  • Virtual Tour: 1371 Royal Palm Way
Virtual Tour

Lot Features

Lot Information:

  • Lot: Near Golf Course

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Royal Palm Yacht & Country Club

Price Information

Listing Price Info

Price Summary:

  • List Price: $18,950,000
  • Price Per SqFt: $2,424/SqFt

HOA Fees:

  • Amount: $315
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $33,950
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Boca Raton, FL.

Med. Sold Price

$631.9K

Med. Price/SqFt

$341

Avg. Days On Market

74

# of Sold Homes

232

1371 Royal Palm Way vs Boca Raton

226 DAYS ON ROCKET

+152 Days

$18,950,000

+$18.3M More

$2,424/SqFt

+$2K More

KEY TAKEAWAY

This property is $18.3M more than the Median Sold Price and $2K/SqFt more than other homes in Boca Raton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10976058

Listing Office:

  • Office Name: Royal Palm Properties LLC
  • Office Phone: (561) 368-6200
  • Listing Agent: David W Roberts

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 23, 2021Home Sold
$10,300,000
Mar 09, 2020Home Sold
$2,400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$33,950$1,862,460
2019$18,535$1,020,548
2018$17,368$1,001,519
2017$17,266$980,920

History based on county public records data.

Payment Calculator

$94.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$56.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-214189
5
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 0.98 miles

  • Public Magnet Grades KG-5

school-card-donut-214190
9
/10
  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 1.16 miles

  • Public Charter Grades KG-5

school-card-donut-214191
5
/10
  • Deerfield Beach Elementary School

  • 650 NE 1st St

  • 1.49 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $285,817. The most common annual income of people living in Boca Raton, FL is $200k+. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1371 Royal Palm Way

What is the listing price of this property?

The listing price of 1371 Royal Palm Way property is $18,950,000.

What type of property is this?

The property 1371 Royal Palm Way is a house located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 1371 Royal Palm Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $33,950 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 23, 2021 for $10,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1371 Royal Palm Way has 5 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 1371 Royal Palm Way is 7,819 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1371 Royal Palm Way is 2021.
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Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›1371 Royal Palm Way

This home is located at 1371 Royal Palm Way in Boca Raton, FL and zip code 33432 in the Royal Palm Yacht & Country Club neighborhood. This 7,819 square foot home was built in 2021. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $18,950,000.

While more than 11 listings in Boca Raton, FL in October 2024 were sold above asking price, there were more than 28 listings sold at asking price, and more than 193 were sold below. Between September 2024 and October 2024, Boca Raton, FL real estate market has seen increase in the number of listings by 3.9%. Listings spent 74 days on the market in October 2024, and had a median list price of $631,981 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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