2 months on rocket

495 E Royal Palm Rd E Unit 402, Boca Raton, FL, 33431

$4,900,000

4 Bedrooms
4 Full Baths, 1 Partial
3,428 SqFt
$1,429/SqFt
Condo

Location

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Property Highlights

Home TypeCondominium
Parking2+ Spaces, Under Building
Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
ViewCity, Other
MLS #RX-11007655
StatusActive

About 495 E Royal Palm Rd E Unit 402

Highly coveted East tower home featuring the largest wrap around terrace design in all of Royal Palm Residences. This East & South facing unit, features views of the beautiful intercoastal waterway & lush waterfront park. Enjoy enormous outdoor living & entertaining space as well as an interior that features three sides of natural light. Upgraded kitchen & master bathroom, with spacious walk-in closet are just a few of the highlights that makes residence 402 such a unique & special home. The unit includes numerous other upgrades, luxurious custom Italian cabinetry and comes with natural gas cooking, as well as a built-in Wolf gas barbecue grill on the large wrap around terrace. This boutique building in downtown Boca, has only two units per floor, two assigned parking spaces per

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 9
  • Living Area: 3,428 SqFt

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (561) 997-7227
  • Listing Agent: Todd Richardson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Oven, Washer
  • Flooring Type: Other
  • Interior: Elevator, Foyer, Kitchen Island, Laundry Tub, Pantry, Walk-in Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City, Other
  • Exterior: Auto Sprinkler, Built-in Grill, Covered Patio, Custom Lighting, Wrap Porch

Parking Information:

  • Garage Space: 2 spaces
  • Parking: 2+ Spaces, Under Building

Virtual/3D Tour

  • Virtual Tour: 495 E Royal Palm Rd E Unit 402
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Boca Raton Community High School, Public Magnet Grades 9-12
  • Boca Raton Middle School, Public Magnet Grades 6-8
  • Boca Raton Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Palmetto Park Road to 5th Avenue turn right to Royal Palm Road, turn right. Vallet parking is available

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,900,000
  • Price Per SqFt: $1,429/SqFt

HOA Fees:

  • Amount: $3252
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$631.1K

Med. Price/SqFt

$341

Avg. Days On Market

57

# of Sold Homes

270

495 E Royal Palm Rd E Unit 402 vs Boca Raton

63 DAYS ON ROCKET

+6 Days

$4,900,000

+$4.2M More

$1,429/SqFt

+$1K More

KEY TAKEAWAY

This property is $4.2M more than the Median Sold Price and $1K/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-11007655

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (561) 997-7227
  • Listing Agent: Todd Richardson

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: 9/28/2024, 11:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$27.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.7K

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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.

Elementary School

school-card-donut-1282270
6
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 0.42 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1282271
6
/10
  • Boca Raton Middle School

  • 1251 NW 8th St

  • 1.27 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1282272
6
/10
  • Boca Raton Community High School

  • 1501 NW 15th Ct

  • 1.60 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,643. The majority of Boca Raton, FL residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living 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.

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 495 E Royal Palm Rd E Unit 402

What is the listing price of this property?

The listing price of 495 E Royal Palm Rd E Unit 402 property is $4,900,000.

What type of property is this?

The property 495 E Royal Palm Rd E Unit 402 is a condo located in Boca Raton, Florida, 33431.

Is this property for sale now?

Active Listing: 495 E Royal Palm Rd E Unit 402 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 495 E Royal Palm Rd E Unit 402 are:
Boca Raton Elementary School: GreatSchools Rating 6/10
Boca Raton Middle School: GreatSchools Rating 6/10
Boca Raton Community High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 495 E Royal Palm Rd E Unit 402 has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 495 E Royal Palm Rd E Unit 402 is 3,428 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 495 E Royal Palm Rd E Unit 402 is 2024.
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Rocket Homes›Florida›Palm Beach County›Boca Raton›33431›495 E Royal Palm Rd E Unit 402

This home is located at 495 E Royal Palm Rd E Unit 402 in Boca Raton, FL and zip code 33431. This 3,428 square foot home was built in 2024. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 27, 2024 and is currently priced at $4,900,000.

In August 2024, from all listings sold in Boca Raton, FL there were more than 17 sold above asking price, over 223 sold below and more than 30 were sold right at the asked price. The number of listings in Boca Raton, FL increased by 2.3% between July 2024 and August 2024. The median list price of listings available in August 2024 was $631,194, while the average time on the real estate market was 57 days.

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

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