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224 W Key Palm Rd, Boca Raton, FL, 33432

$24,500,000

6 Bedrooms
7 Full Baths, 2 Partial
9,582 SqFt
$2,557/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Drive - Circular, Drive - Decorative, Garage - Attached
Attached Garage4 spaces
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
WaterfrontCanal, Ocean Access
ViewCanal, Garden, Pool
Private PoolYes
MLS #RX-11041771
StatusActive

About 224 W Key Palm Rd

Experience the pinnacle of waterfront luxury in Royal Palm Yacht & Country Club. This extraordinary estate is masterfully crafted by the acclaimed Sarkela Corporation and Ada Architecture Design Atelier. Encompassing over 9,500 square feet of living space, this architectural masterpiece offers six bedrooms, seven full bathrooms, and two half bathrooms, all impeccably designed for unparalleled sophistication and comfort. Every detail of this home reflects the highest level of craftsmanship and quality. The interiors showcase hand-finished DuChateau premium oak hardwood floors, sleek Italian cabinetry, and elegant European marble in the kitchen and baths. Dornbracht bath fixtures and Terzani lighting installations elevate the ambiance, creating an atmosphere of refined elegance.

Property Details

Property Features

Property Information:

  • Architectural Style: < 4 Floors, Contemporary
  • Year Built: 2023
  • Stories: 2
  • Living Area: 9,582 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, Whole Home Generator, Ice Maker, Gas Range, Washer
  • Flooring Type: Other
  • Interior: 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

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 7
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal, Ocean Access
  • View: Canal, Garden, Pool
  • Exterior: Auto Sprinkler, Covered Patio, Outdoor Shower, Summer Kitchen

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Drive - Circular, Drive - Decorative, Garage - Attached

Virtual/3D Tour

  • 3D Tour: 224 W Key Palm Rd
3D Tour

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: $24,500,000
  • Price Per SqFt: $2,557/SqFt

HOA Fees:

  • Amount: $315
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $56,252
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$635.3K

Med. Price/SqFt

$342

Avg. Days On Market

54

# of Sold Homes

169

224 W Key Palm Rd vs Boca Raton

1 DAY ON ROCKET

-53 Days

$24,500,000

+$23.8M More

$2,557/SqFt

+$2.2K More

KEY TAKEAWAY

This property is $23.8M more than the Median Sold Price and $2.2K/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-11041771

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: 12/3/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 03, 2018Home Sold
$3,800,000
Nov 17, 1997Home Sold
$950,000

Tax History

YEARPROP. TAXASSESSMENT
2020$56,252$3,097,431
2019$54,120$2,895,044
2018$41,035$2,334,448
2017$40,826$2,286,433

History based on county public records data.

Payment Calculator

$122.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$73.5K

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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-3495549
5
/10
  • Deerfield Beach Elementary School

  • 650 NE 1st St

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-3495550
4
/10
  • Deerfield Park Elementary School

  • 650 SW 3rd Ave

  • 1.61 miles

  • Public Magnet Grades PK-5

school-card-donut-3495551
9
/10
  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 1.65 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $285,817. Typical income of Boca Raton, FL residents is $200k+ annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 224 W Key Palm Rd

What is the listing price of this property?

The listing price of 224 W Key Palm Rd property is $24,500,000.

What type of property is this?

The property 224 W Key Palm Rd is a house located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 224 W Key Palm Rd 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 $56,252 (source: MLS/based on county public records data).

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

The last sale was on December 3, 2018 for $3,800,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 224 W Key Palm Rd has 6 bedrooms and 7 full and 2 half bathrooms.

What is the square footage of this property?

The property 224 W Key Palm Rd is 9,582 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 224 W Key Palm Rd is 2023.
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Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›224 W Key Palm Rd

This home is located at 224 W Key Palm Rd in Boca Raton, FL and zip code 33432 in the Royal Palm Yacht & Country Club neighborhood. This 9,582 square foot home was built in 2023. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $24,500,000.

Boca Raton, FL housing market in November 2024 saw over 12 listings sold above listed price, more than 11 sold at listed price and over 146 sold below. The inventory of homes for sale in Boca Raton, FL between October 2024 and November 2024 increased by 8%. In November 2024 median list price was $635,319 and the average listing age was 54 days.

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

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