481 Thatch Palm Drive, Boca Raton, FL 33432
Property image
Property image
SOLD
JUL 1, 2026

481 Thatch Palm Drive
Boca Raton, FL 33432

Royal Palm
  • 5 Beds
  • 7 Baths
  • 8,525 sqft (on 0.39 acres)

$15,500,000

Last Sold: Jul 1, 2026
13% below list $17.8M
$1,818/sqft
Est. Refi. Payment $100,926/mo*

$15,500,000

Last Sold: Jul 1, 2026
13% below list $17.8M
$1,818/sqft
Est. Refi. Payment $100,926/mo*
5 Beds
7 Baths
8,525 sqft
(on 0.39 acres)

Local Information

  • Map ViewExplore the area around 481 Thatch Palm Drive.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2026
Lot Size
0.39 acres
Living Area
8,525 sqft
Price/Sqft
$1,818/sqft
Parking
4.5 Car Garage
HOA
$346/Monthly

About this House

Discover a newly completed signature estate by SRD Building Corp., exquisitely designed by award-winning P&H Interiors, set within the prestigious Royal Palm Yacht & Country Club on an oversized interior lot. This exceptional residence blends architectural precision with curated luxury, offering an elevated lifestyle defined by thoughtful detail and refined craftsmanship. A striking entry reveals an expansive, open layout anchored by a state-of-the-art chef's kitchen with eat-in dining—ideal for both intimate gatherings and elegant entertaining. The sleek clubroom is designed for effortless hosting, featuring a full bar, billiards area, and a glass-enclosed wine room. A private library provides a quiet retreat, while the dramatic show garage--framed by a glass wall--adds a bold architectural statement. The home overlooks the 16th green, creating a picturesque backdrop of manicured fairways and year-round greenery. Outdoors, a 72-foot lap pool spans the backyard, complemented by a spa, a putting green, and a manicured turf lawn. The covered terrace, complete with a summer kitchen, creates a seamless indoor-outdoor living experience ideal for year-round enjoyment. The second floor features dual primary suites, each with a private balcony offering serene views over the grounds. Crestron smart-home technology provides intuitive control of lighting, climate, and security throughout. Additional highlights include an elevator, full-house generator, natural gas service, and refined designer finishes throughout. Buyer is responsible for documentary stamp taxes on the deed and title insurance.
481 Thatch Palm Drive, Boca Raton, FL 33432 is a 5 bedroom, 8 bathroom, 8,525 sqft single-family home in Royal Palm, built in 2026. It last sold for $15,500,000 on Jul 1, 2026 (13% below the $17,750,000 asking price). It is currently off market. The Trulia Estimate is $15,556,400, with a rent estimate of $7,146/month.

Home Details for 481 Thatch Palm Drive

Interior Features

Interior Details
Number of Rooms: 11Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Family Room, Kitchen, Laundry, Living Room, LoftWet Bar
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 8Number of Bathrooms (full): 6Number of Bathrooms (half): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 8525 Square Feet
Appliances & Utilities
Utilities: Natural Gas Available, Sewer Available, Underground Utilities, Water AvailableAppliances: Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Ice Maker, Microwave, Refrigerator, WasherDishwasherDryerLaundry: InsideMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Has a Spa
Windows, Doors, Floors & Walls
Flooring: Other, Wood
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: Multi/Split, TwoEntry Location: Entry Level Living Area YElevatorFloors: Other, Wood
View
Has a ViewView: Garden, Pool
Security
Security: Security Guard
Room & Shared Space
Shared space is furnished

Exterior Features

Exterior Home Features
Patio / Porch: Covered, PatioExterior: Built-in Barbecue, Barbecue, Outdoor Kitchen, Outdoor Living AreaHas a Private Pool
Parking & Garage
Number of Garage Spaces: 4.5Number of Covered Spaces: 4.5Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4.5Parking: Attached,Circular Driveway,Garage,Garage Door Opener
Pool
Pool: Heated, In Ground, Salt WaterPool
Frontage
Waterfront: NoneNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 386

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Colonial
Building
Construction Materials: Block, ConcreteIs a New Construction
Property Information
Condition: New ConstructionParcel Number: 06434729100150220

Price & Status

Price
List Price: $17,750,000Price Per Sqft: $1,818/sqft
Status Change & Dates
Off Market Date: Thu Jun 25 2026Possession Timing: Close Of Escrow, Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: Boca RatonCommunity: ROYAL PALM YACHT & COUNTRY CLUB
School Information
Elementary School: Boca RatonJr High / Middle School: Boca Raton CommunityHigh School: Boca Raton

Building

Building Area
Building Area: 11862 Square Feet

Community

Community Features: Home Owners AssociationNot Senior Community

HOA

HOA Fee Includes: Common Areas, SecurityHOA Phone: 561-393-6766Association for this Listing: BeachesMLSHas an HOAHOA Fee: $4,150/Annually

Lot Information

Lot Area: 0.39 acres

Offer

Contingencies: NoneListing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: R11149505Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12099-N-06434729100150220-R-N

Additional Information

HOA Amenities: NoneDays On Market Replication: 184
Last check for updates: about 21 hours ago
Listed by David W Roberts, (561) 368-6200
Royal Palm Properties LLC
Bought with: Michelle Smith, (772) 708-2857, PenderWhite Properties, Inc.
Originating MLS: BeachesMLS
Source: BeachesMLS, MLS#R11149505

Price History for 481 Thatch Palm Drive

DatePriceEventSource
07/01/2026$15,500,000Sold
BeachesMLS #R11149505
06/25/2026$17,750,000PendingBeachesMLS #R11149505
12/23/2025$17,750,000Listed For SaleBeachesMLS #RX-11149505
12/23/2025$17,750,000ListingRemovedBeachesMLS #RX-11096146
06/03/2025$17,750,000Listed For SaleBeachesMLS #RX-11096146
06/15/2024ListingRemovedBeachesMLS #RX-10984121
05/15/2024$4,500,000PriceChange
BeachesMLS #RX-10984121
05/03/2024$4,750,000Listed For SaleBeachesMLS #RX-10984121
04/15/2024$4,000,000Sold
BeachesMLS #R10970580
03/20/2024$4,000,000PendingBeachesMLS #RX-10970580

Market trends in Boca Raton

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$615K
$1.67K
MoM
Sale-to-List Price
95.6%
Price per sq ft
$343
$7
MoM
Available listings
2168
67
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$53,816
Assessment$3,156,000
Home facts updated by county records

Comparable Sales for 481 Thatch Palm Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.26
Single-Family Home
$8,175,000
12/30/25
5
6
6,647
0.30
Single-Family Home
$16,400,000
11/14/25
5
8.5
9,653
0.37
Single-Family Home
$11,000,000
07/27/26
5
6
7,791
0.30
Single-Family Home
$6,500,000
06/30/26
5
6.5
9,678
0.36
Single-Family Home
$9,900,000
06/18/26
5
7.5
8,125
0.13
Single-Family Home
$5,900,000
04/28/26
6
7.5
6,518
0.36
Single-Family Home
$11,200,000
03/30/26
5
6.5
6,109
0.25
Single-Family Home
$6,400,000
06/24/26
5
6.5
5,740
0.32
Single-Family Home
$21,500,000
07/30/26
7
9
9,370

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 481 Thatch Palm Drive.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Royal Palm

At least 10 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 92 % Say they plan to stay for at least 5 years

  • 83 % Say parking is easy

  • 82 % Say there's holiday spirit

  • 82 % Say car is needed

  • 81 % Say yards are well-kept

  • 77 % Say people would walk alone at night

  • 56 % Say neighbors are friendly

  • 56 % Say kids play outside

  • 47 % Say there are sidewalks

  • 46 % Say it's quiet

  • 46 % Say it's walkable to grocery stores

  • 40 % Say there are community events

  • 35 % Say there's wildlife

  • 29 % Say streets are well-lit

  • 25 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Izabela P.
    "None. It totally lacks life. Has a retirement house vibe. Scarcity of parks or events compared to the wealth of this town. "
  • Chris B.
    "Great weather, lots of neighbors out and about waking their dogs etc. many plazas and shops to browse. Wonderful selection of restaurants "
  • Kassgirls
    "It is a very safe neighborhood but check the school district ratings. They vary greatly in the area. I purchased my home once I received a boundaries map of the school area that I wanted my children to live in. "
  • Randy
    "Best place in east Boca Raton for luxury and convenience near downtown "

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Homes for sale near 481 Thatch Palm Drive

Skip to last item
Skip to first item

Off Market Homes Near 481 Thatch Palm Drive

Skip to last item
Skip to first item
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.