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343 E Royal Palm Rd, Boca Raton, FL, 33432

$3,700,000

Land

Location

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Property Highlights

MLS #RX-11025502
StatusActive

About 343 E Royal Palm Rd

Amazing opportunity to develop a 4 Unit building in Downtown Boca Raton. Plans are approved by the city and include renderings for four luxurious 3,500 SF apartments, each with three bedrooms, three bathrooms, den/flex space and exceptional balconies. The building has lush green spaces, a rooftop deck, and stunning golf course views.

Property Details

Property Features

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 278-0433
  • Listing Agent: Jennifer B Kilpatrick

Virtual/3D Tour

  • Virtual Tour: 343 E Royal Palm Rd
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Price Information

Listing Price Info

Price Summary:

  • List Price: $3,700,000

Tax Information:

  • Annual Amount: $8,942
  • 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

343 E Royal Palm Rd vs Boca Raton

43 DAYS ON ROCKET

-31 Days

$3,700,000

+$3.0M More

KEY TAKEAWAY

This property is $3.0M more than the Median Sold Price in Boca Raton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11025502

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 278-0433
  • Listing Agent: Jennifer B Kilpatrick

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: 11/14/2024, 1:15:48 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

Feb 21, 2020Home Sold
$900,000
Dec 01, 1999Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,942$533,379
2019$8,612$388,628
2018$7,587$353,298
2017$7,206$321,180

History based on county public records data.

Payment Calculator

$18.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.1K

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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.

Nearby Schools

school-card-donut-110703
5
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 0.53 miles

  • Public Magnet Grades KG-5

school-card-donut-110704
9
/10
  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 0.89 miles

  • Public Charter Grades KG-5

school-card-donut-110705
6
/10
  • J. C. Mitchell Elementary School

  • 2470 NW 5th Ave

  • 1.78 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,418. Residents of Boca Raton, FL typically earn $200k+ each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Boca Raton, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Boca Raton, FL?

Boca Raton's housing market is diverse, with a mix of luxurious waterfront estates, golf course communities, and condominiums. Single-family homes are prevalent, reflecting Mediterranean and contemporary styles, while the condominiums offer a more urban living experience. The area has a high homeownership rate, with many properties featuring upscale amenities and tropical landscaping.

Is Boca Raton, FL a good place to live?

Boca Raton is celebrated for its affluent community and high quality of life. The city prides itself on its pristine beaches, well-kept parks, and exclusive golf courses. Cultural events and art festivals are integral to the community, reflecting the residents' appreciation for the finer things in life.

Are things conveniently located in Boca Raton, FL?

The city is served by a number of public and private schools, offering a range of educational opportunities. Healthcare is readily accessible, with several hospitals and clinics providing a spectrum of services from emergency care to specialized treatments. Retail and dining options abound, with a focus on high-end shopping and gourmet cuisine that cater to the sophisticated local palate.

What does the transportation in Boca Raton, FL look like?

Boca Raton features a well-developed transport network, with a variety of options including local bus services, a downtown shuttle, and access to the Tri-Rail commuter train connecting to the wider South Florida area. The city is also served by major highways like Interstate 95, facilitating travel to nearby cities and airports. While the city is car-dependent, certain areas, particularly around downtown, are more walkable, and there is a growing emphasis on improving bikeability.

Frequently Asked Questions About 343 E Royal Palm Rd

What is the listing price of this property?

The listing price of 343 E Royal Palm Rd property is $3,700,000.

What type of property is this?

The property 343 E Royal Palm Rd is land located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 343 E Royal 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 $8,942 (source: MLS/based on county public records data).

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

The last sale was on February 21, 2020 for $900,000. (source: MLS/tax record).
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Rocket HomesFloridaPalm Beach CountyBoca Raton33432343 E Royal Palm Rd

This home is located at 343 E Royal Palm Rd in Boca Raton, FL and zip code 33432. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $3,700,000.

In October 2024, from all listings sold in Boca Raton, FL there were more than 11 sold above asking price, over 193 sold below and more than 28 were sold right at the asked price. The number of homes for sale in Boca Raton, FL increased by 3.9% between September 2024 and October 2024. In October 2024 median list price was $631,981 and the average listing age was 74 days.

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

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