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

$15,504,000

Trulia Estimate
  • 5 Beds
  • 7 Baths
  • 8,525 sqft (on 0.39 acres)

481 Thatch Palm Drive, Boca Raton, FL 33432

Royal Palm
Est. Refi. Payment $104,992/mo*
Refinance Your Home
Currently Off Market - Sold Jul 1, 2026 for $15,500,000 (13% below list price)

Home Value

Trulia Estimate
$15.5M
Since last month
Decreased$14K (-0.1%)
Since last year
Decreased$286K (-1.8%)
Since last sale
$2K (0%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +984% in the last 10 years
MonthEstimated value
2026
September 2026$15.5M
August 2026$15.52M
July 2026$15.56M
June 2026$16.19M
May 2026$16.23M
April 2026$16.21M
March 2026$16.18M
February 2026$16.15M
January 2026$16.19M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1133 Cocoanut Road, Boca Raton, FL
0.26
Single-Family Home
$8,175,000
12/30/25
5
6
6,647
1203 Spanish River Road, Boca Raton, FL
0.30
Single-Family Home
$16,400,000
11/14/25
5
8.5
9,653
1282 Sabal Palm Drive, Boca Raton, FL
0.09
Single-Family Home
$6,825,000
08/12/26
5
5.5
6,058
117 Thatch Palm Cove, Boca Raton, FL
0.37
Single-Family Home
$11,000,000
07/27/26
5
6
7,791
1148 Cocoanut Rd, Boca Raton, FL
0.30
Single-Family Home
$6,500,000
06/30/26
5
6.5
9,678
319 Mizner Lake Estates Drive, Boca Raton, FL
0.36
Single-Family Home
$9,900,000
06/18/26
5
7.5
8,125
1330 Sabal Palm Drive, Boca Raton, FL
0.13
Single-Family Home
$5,900,000
04/28/26
6
7.5
6,518
148 Thatch Palm Cove, Boca Raton, FL
0.36
Single-Family Home
$11,200,000
03/30/26
5
6.5
6,109
1560 Sabal Palm Drive, Boca Raton, FL
0.25
Single-Family Home
$6,400,000
06/24/26
5
6.5
5,740

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
428 E Camino Real, Boca Raton, FL 33432
0.04
$3,300,000
-
-
-
Recently Sold
1282 Sabal Palm Drive, Boca Raton, FL 33432
0.09
$6,825,000
5
5.5
6,058
Recently Sold
1330 Sabal Palm Drive, Boca Raton, FL 33432
0.13
$5,900,000
6
7.5
6,518
Recently Sold
1099 Spanish River Road, Boca Raton, FL 33432
0.16
-
5
7
7,602
Off Market
701 E Camino Real #4-, Boca Raton, FL 33432
0.17
$1,005,500
2
2
1,419
Off Market
701 E Camino Real #2-J, Boca Raton, FL 33432
0.18
$1,850,000
2
2.5
1,616
Recently Sold
156 NE 11th St, Boca Raton, FL 33432
0.17
$350,000
3
1
968
Recently Sold
1000 Spanish River Road #4B, Boca Raton, FL 33432
0.18
$407,900
2
2
1,375
Off Market
1000 Spanish River Road #4G, Boca Raton, FL 33432
0.18
$399,900
2
2
1,375
Off Market
1060 Spanish River Road, Boca Raton, FL 33432
0.18
$2,932,600
3
2
2,309
Off Market
1000 Spanish River Road #2J, Boca Raton, FL 33432
0.19
$425,000
2
2
1,375
For Sale

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

Single-Family Home
Built in 2026
0.39 acre lot
8,525 sqft
$1,818/sqft
4.5 Car Garage
HOA $346/mo

About this House

What's unique:Putting greenFull barOversized interior lotGlass-enclosed wine roomBilliards areaExpansive open layout
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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $15,504,000.
Last check for updates: about 16 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

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

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

Price and Tax history

DateEventPrice
Jul 1, 2026
Source: BeachesMLS #R11149505
Sold
$15,500,000
Jun 25, 2026
Source: BeachesMLS #R11149505
Pending
$17,750,000
Dec 23, 2025
Source: BeachesMLS #RX-11149505
Listed For Sale
$17,750,000
Dec 23, 2025
Source: BeachesMLS #RX-11096146
ListingRemoved
$17,750,000
Jun 3, 2025
Source: BeachesMLS #RX-11096146
Listed For Sale
$17,750,000

Market trends in Boca Raton

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$618K
$5KMoM
Sale-to-List Price
95.9%
Price per sq ft
$341
$4MoM
Available listings
1997
87MoM

Around this home

Neighborhood Overview

Royal Palm
See Local Highlights
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. "
    0
    Flag
  • Chris B.
    "Great weather, lots of neighbors out and about waking their dogs etc. many plazas and shops to browse. Wonderful selection of restaurants "
    0
    Flag
  • 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. "
    0
    Flag
  • Randy
    "Best place in east Boca Raton for luxury and convenience near downtown "
    0
    Flag

LGBTQ Local Legal Protections

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.

Frequently asked questions about 481 Thatch Palm Drive

  • What is 481 Thatch Palm Drive estimated to be worth?
    Trulia's estimated value for 481 Thatch Palm Drive in Boca Raton, FL is $15,504,000.
  • What is the price history for 481 Thatch Palm Drive?
    481 Thatch Palm Drive in Boca Raton, FL last sold for $15,500,000 in July 2026.
  • Is Boca Raton a buyer's or seller's market?
    Boca Raton is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Boca Raton?
    The median sale price in Boca Raton is $618K. That is down $5K from the prior month.
  • Does 481 Thatch Palm Drive have air conditioning?
    Yes, 481 Thatch Palm Drive in Boca Raton, FL has air conditioning.
  • Does 481 Thatch Palm Drive have a pool?
    Yes, 481 Thatch Palm Drive in Boca Raton, FL has a pool.

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