Experience a new pinnacle of luxury in this recently completed, turn-key Signature Estate by SRD Building Corp, redefining elite Intracoastal living. Just completed, this impressive residence is located on a prime lot within the exclusive Royal Palm Yacht & Country Club in Boca Raton. Spanning over 8,500 square feet, this six-bedroom estate boasts 100 feet of Intracoastal frontage with coveted eastern exposure and a 4-car plus golf cart garage. <MORE>
Property Details
Property Features
Property Information:
Architectural Style: < 4 Floors, Contemporary
Year Built: 2024
Stories: 2
Living Area: 8,549 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, Central Vacuum, Dishwasher, Disposal, Dryer, Freezer, Whole Home Generator, Ice Maker, Gas Range, Refrigerator, Washer
Flooring Type: Other
Interior: Bar, Built-in Shelves, Elevator, Entry Lvl Lvng Area, Foyer, Kitchen Island, Pantry, Second/Third Floor Concrete, Upstairs Living Area, Volume Ceiling, Walk-in Closet, Wet Bar
This property is $34.1M more than the Median Sold Price and $3.7K/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-11036495
Listing Office:
Office Name: Royal Palm Properties LLC
Office Phone: (561) 368-6200
Listing Agent: David W Roberts
All 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: 11/23/2024, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$42,113
$2,355,292
2019
$42,355
$2,302,338
2018
$39,703
$2,259,409
2017
$39,500
$2,212,937
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$173.8K
Per Month
Principal & Interest
$173.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$315
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$104.2K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Boca Raton Elementary School
103 SW 1st Ave
Distance between this listing and this school1.05 miles
Public Magnet Grades KG-5
9
/10
Somerset Academy Boca East
333 SW 4th Ave
Distance between this listing and this school1.21 miles
Public Charter Grades KG-5
5
/10
Deerfield Beach Elementary School
650 NE 1st St
Distance between this listing and this school1.46 miles
Public District Grades KG-5
Nearby Schools
9
/10
Somerset Academy Boca Middle School
333 SW 4th Ave
Distance between this listing and this school1.21 miles
Public Charter Grades 6-8
3
/10
Deerfield Beach Middle School
701 SE 6th Ave
Distance between this listing and this school2.13 miles
Public Magnet Grades 6-8
10
/10
Addison Mizner School
199 SW 12th Ave
Distance between this listing and this school2.22 miles
Public District Grades KG-8
Nearby Schools
4
/10
Somerset Academy Key Charter High School
959 SE 6th Ave
Distance between this listing and this school2.32 miles
Public Charter Grades 9-12
10
/10
A.D. Henderson University School & Fau High School
777 Glades Rd Bldg 26
Distance between this listing and this school2.84 miles
Public District Grades KG-12
6
/10
Boca Raton Community High School
1501 NW 15th Ct
Distance between this listing and this school3.06 miles
The neighbors living near this home have an average income of $285,817. Typical income of Boca Raton, FL residents is $200k+ annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1520 Royal Palm Way
What is the listing price of this property?
The listing price of 1520 Royal Palm Way property is $34,750,000.
What type of property is this?
The property 1520 Royal Palm Way is a house located in Boca Raton, Florida, 33432.
Is this property for sale now?
Active Listing: 1520 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 $42,113 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1520 Royal Palm Way has 6 bedrooms and 7 full and 2 half bathrooms.
What is the square footage of this property?
The property 1520 Royal Palm Way is 8,549 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1520 Royal Palm Way is 2024.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1520 Royal Palm Way in Boca Raton, FL and zip code 33432 in the Royal Palm Yacht & Country Club neighborhood. This 8,549 square foot home was built in 2024. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $34,750,000.
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. The inventory of homes for sale in Boca Raton, FL between September 2024 and October 2024 increased by 3.9%. The median list price of listings available in October 2024 was $631,981, while the average time on the real estate market was 74 days.
From Rocket Homes Real Estate and based on county public records data.