4 months on rocket

500 E Alexander Palm Rd, Boca Raton, FL, 33432

$34,850,000

5 Bedrooms
6 Full Baths, 2 Partial
8,287 SqFt
$4,205/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Drive - Circular, Drive - Decorative, Driveway, Garage - Attached
Attached Garage4 spaces
Year Built2022
HeatingCentral
CoolingCentral Air
WaterfrontCanal, Intracoastal, Ocean Access
ViewGarden, Intracoastal, Pool
Private PoolYes
MLS #RX-11011253
StatusActive

About 500 E Alexander Palm Rd

Elevate your lifestyle with this amazing turn-key Signature Estate by SRD Building Corp, setting the standard for elite Intracoastal living. Built in 2022, this exquisite residence is over 8,200 square feet of open, airy living space. The five-bedroom masterpiece offers a 4-car plus golf cart garage, resort-grade pool and backyard amenities, and 100 feet of prime Intracoastal frontage complete with a private dock and Jet Ski Lift. Experience unparalleled sophistication with full-house automation via the Crestron smart-home system, a cutting-edge security system, and meticulous craftsmanship only SRD can deliver. Fully furnished by the award-winning P&H Interiors design group, this Intracoastal gem is a true haven of luxury.

Property Details

Property Features

Property Information:

  • Architectural Style: < 4 Floors, Contemporary
  • Year Built: 2022
  • Stories: 2
  • Living Area: 8,287 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, Oven, Washer
  • Flooring Type: Tile, Wood Floor
  • Interior: Bar, Elevator, Entry Lvl Lvng Area, Foyer, Kitchen Island, Pantry, Upstairs Living Area, Volume Ceiling, Walk-in Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal, Intracoastal, Ocean Access
  • View: Garden, Intracoastal, Pool
  • Exterior: Auto Sprinkler, Built-in Grill, Cabana, Covered Balcony, Covered Patio, Custom Lighting, Open Patio, Summer Kitchen

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 500 E Alexander Palm Rd
Virtual 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: $34,850,000
  • Price Per SqFt: $4,205/SqFt

HOA Fees:

  • Amount: $315
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $75,844
  • 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

500 E Alexander Palm Rd vs Boca Raton

134 DAYS ON ROCKET

+80 Days

$34,850,000

+$34.2M More

$4,205/SqFt

+$3.8K More

KEY TAKEAWAY

This property is $34.2M more than the Median Sold Price and $3.8K/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-11011253

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: 12/22/2024, 2:20:51 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

Mar 15, 2017Home Sold
$5,800,000
Apr 22, 2014Home Sold
$5,500,000
Jan 16, 2003Home Sold
$4,125,000
Jul 05, 2001Home Sold
$3,500,000

Tax History

YEARPROP. TAXASSESSMENT
2020$75,844$4,200,000
2019$74,334$4,000,000
2018$71,011$3,991,806
2017$90,068$4,974,382

History based on county public records data.

Payment Calculator

$174.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$104.5K

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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-844992
5
/10
  • Deerfield Beach Elementary School

  • 650 NE 1st St

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-844993
5
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.71 miles

  • Public Magnet Grades KG-5

school-card-donut-844994
9
/10
  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 1.75 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. Most Boca Raton, FL residents have annual incomes $200k+. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 E Alexander Palm Rd

What is the listing price of this property?

The listing price of 500 E Alexander Palm Rd property is $34,850,000.

What type of property is this?

The property 500 E Alexander Palm Rd is a house located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 500 E Alexander 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 $75,844 (source: MLS/based on county public records data).

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

The last sale was on March 15, 2017 for $5,800,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 E Alexander Palm Rd has 5 bedrooms and 6 full and 2 half bathrooms.

What is the square footage of this property?

The property 500 E Alexander Palm Rd is 8,287 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 E Alexander Palm Rd is 2022.
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Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›500 E Alexander Palm Rd

This home is located at 500 E Alexander Palm Rd in Boca Raton, FL and zip code 33432 in the Royal Palm Yacht & Country Club neighborhood. This 8,287 square foot home was built in 2022. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $34,850,000.

Over 12 listings were sold over their listed price in November 2024 in Boca Raton, FL. In the same period over 146 listings were sold below the listed price and 11 listings were sold for the listed price. The inventory of homes for sale in Boca Raton, FL between October 2024 and November 2024 increased by 8%. Listings spent 54 days on the market in November 2024, and had a median list price of $635,319 during the same period.

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

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