Parking2+ Spaces, Assigned, Covered, Garage - Building, Under Building
Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral, Electric, Zoned
CoolingCentral Air, Electric, Zoned
WaterfrontNone
ViewCity, Golf Course, Intracoastal, Ocean
MLS #RX-10760605
StatusActive
About 475 E Royal Palm Rd Unit 605
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 luxurious 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 outdoor terraces. Amenities include two assigned parking spaces per residence, a Wellness Plaza, featuring fitness center, boutique pool and club Room for entertaining. Just steps away from the finest Beaches, Restaurants, Shopping, Entertainment and planned, multi-million dollar waterfront park just outside the lobby.
Property Details
Property Features
Property Information:
Architectural Style: 4+ Floors, Contemporary
Year Built: 2024
Stories: 9
Living Area: 2,881 SqFt
Listing Office:
Office Name: One Sotheby's International Realty
Office Phone: (561) 997-7227
Listing Agent: Joanne Shaer
Interior Features
Interior Information:
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Range, Refrigerator, Oven, Washer, Electric Water Heater
Directions: From I-95, Take Palmetto Park Road east towards the beach until 5th Avenue and make right. Royal Palm Residences Sales Gallery will be located at 475 E. Royal Palm Road.
Price Information
Listing Price Info
Price Summary:
List Price: $4,500,000
Price Per SqFt: $1,562/SqFt
HOA Fees:
Amount: $2709
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Boca Raton, FL.
This property is $3.8M more than the Median Sold Price and $1.2K/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-10760605
Listing Office:
Office Name: One Sotheby's International Realty
Office Phone: (561) 997-7227
Listing Agent: Joanne Shaer
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: 11/21/2024, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$25.2K
Per Month
Principal & Interest
$22.4K
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)
$2,709
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
$13.5K
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
9
/10
Somerset Academy Boca East
333 SW 4th Ave
Distance between this listing and this school0.20 miles
Public Charter Grades KG-5
5
/10
Boca Raton Elementary School
103 SW 1st Ave
Distance between this listing and this school0.42 miles
Public Magnet Grades KG-5
6
/10
J. C. Mitchell Elementary School
2470 NW 5th Ave
Distance between this listing and this school1.68 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 school0.20 miles
Public Charter Grades 6-8
10
/10
Addison Mizner School
199 SW 12th Ave
Distance between this listing and this school1.07 miles
Public District Grades KG-8
6
/10
Boca Raton Community Middle School
1251 NW 8th St
Distance between this listing and this school1.29 miles
Public Magnet Grades 6-8
Nearby Schools
6
/10
Boca Raton Community High School
1501 NW 15th Ct
Distance between this listing and this school1.68 miles
Public Magnet Grades 9-12
10
/10
A.D. Henderson University School & Fau High School
777 Glades Rd Bldg 26
Distance between this listing and this school1.70 miles
Public District Grades KG-12
4
/10
Somerset Academy Key Charter High School
959 SE 6th Ave
Distance between this listing and this school2.97 miles
The neighbors living near this home have an average income of $34,643. Residents of Boca Raton, FL typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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.
Types of housing 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.
What is it like to live in Boca Raton, FL?
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.
Is it easy to get around Boca Raton, FL without a car?
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.
Transportation in Boca Raton, FL.
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 475 E Royal Palm Rd Unit 605
What is the listing price of this property?
The listing price of 475 E Royal Palm Rd Unit 605 property is $4,500,000.
What type of property is this?
The property 475 E Royal Palm Rd Unit 605 is a condo located in Boca Raton, Florida, 33432.
Is this property for sale now?
Active Listing: 475 E Royal Palm Rd Unit 605 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 475 E Royal Palm Rd Unit 605 has 4 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 475 E Royal Palm Rd Unit 605 is 2,881 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 475 E Royal Palm Rd Unit 605 is 2024.
Interested in 475 E Royal Palm Rd Unit 605? Let's connect.
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 475 E Royal Palm Rd Unit 605 in Boca Raton, FL and zip code 33432. This 2,881 square foot home was built in 2024. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 22, 2021 and is currently priced at $4,500,000.
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%. 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.