505 E  Alexander Palm Rd, Boca Raton, FL 33432
SOLDJAN 25, 2024

505 E Alexander Palm Rd
Boca Raton, FL 33432

Royal Palm
  • 5 Beds
  • 8 Baths
  • 7,453 sqft (on 0.34 acres)
  • 5 Beds
  • 8 Baths
  • 7,453 sqft (on 0.34 acres)

$13,038,975

Last Sold: Jan 25, 2024
13% below list $15M
$1,749/sqft
Est. Refi. Payment $78,237/mo*

Homes for Sale Near 505 E Alexander Palm Rd

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from January 25, 2024
Sitting on 100' of the Buccaneer Palm Waterway within the prestigious Royal Palm Yacht & Country Club, 505 E Alexander Palm Road delights with panoramic waterfront views and first-class amenities. Over 7,400 sf of interior living offers 5 bedroom suites, club room with a bar, library, formal dining space, open-air chef's kitchen, and loft living room. The master bedroom is a tranquil retreat with a luxurious ensuite and glass sliding doors opening to a fantastic balcony spanning the length of the home. The resort-grade backyard offers exceptional luxuries, including a heated swimming pool/spa, a sizable summer room with an outdoor kitchen, and a private dock for the boating enthusiast! Designer furnishings by P&H Interiors included.

Home Highlights

Parking
4 Car Garage
Outdoor
Pool
View
Canal, Garden, Pool
HOA
$298/Monthly
Price/Sqft
$1,749/sqft
Listed
135 days ago

Home Details for 505 E Alexander Palm Rd

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Living Room, Kitchen, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 8Number of Bathrooms (full): 6Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 7453 Square Feet
Appliances & Utilities
Utilities: Natural Gas ConnectedAppliances: Dishwasher, Dryer, Freezer, Gas RangeDishwasherDryerLaundry: Inside
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Gas & Electric
Gas: Gas NaturalNo Electric on Property
Windows, Doors, Floors & Walls
Window: Impact Glass (Complete)Flooring: Tile, Wood
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: < 4 Floors, 2.00ElevatorFloors: Tile, Wood
View
Has a ViewView: Canal, Garden, Pool
Security
Security: Security Patrol

Exterior Features

Exterior Home Features
Has a Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: 2+ Spaces,Circular Driveway,Drive - Decorative,Garage - Attached,Auto Garage Open
Pool
Pool
Frontage
WaterfrontWaterfront: Canal Width 81 - 120, No Fixed Bridges, Ocean AccessOn Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: 100'

Property Information

Year Built
Year Built: 2015
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: CBSNot a New Construction
Property Information
Condition: ResaleParcel Number: 06434729100010450

Price & Status

Price
List Price: $14,950,000Price Per Sqft: $1,749/sqft
Status Change & Dates
Possession Timing: Close Of Escrow, Funding

Active Status

MLS Status: Closed

Location

Direction & Address
City: Boca RatonCommunity: Royal Palm Yacht & Country Club

Building

Building Area
Building Area: 11499 Square Feet

Community

Community Features: None

HOA

Association for this Listing: Beaches MLSHas an HOAHOA Fee: $298/Monthly

Lot Information

Lot Area: 0.34 acres

Listing Info

Special Conditions: Buyer Approval, Interview Required, Tenant Approval

Offer

Contingencies: NoneListing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Transaction Broker Commission: 2.5%
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Furnished

Miscellaneous

Mls Number: RX-10943617Water ViewWater View: Canal

Additional Information

None
Last check for updates: about 9 hours ago
Listed by David Roberts, (561) 368-6200
Royal Palm Properties LLC
Bought with: David Roberts, (561) 368-6200, Royal Palm Properties LLC
Originating MLS: Beaches MLS
Source: BeachesMLS, MLS#RX-10943617

Price History for 505 E Alexander Palm Rd

DatePriceEventSource
01/25/2024$13,038,975Sold
BeachesMLS #RX-10943617
12/15/2023$14,950,000PendingBeachesMLS #RX-10943617
12/02/2023ListingRemovedBeachesMLS #RX-10913841
10/06/2023$14,950,000PriceChange
BeachesMLS #RX-10913841
08/23/2023$15,250,000PriceChange
BeachesMLS #RX-10913841
05/04/2023$15,750,000PriceChange
BeachesMLS #RX-10817093
01/11/2023$16,250,000PriceChange
BeachesMLS #RX-10817093
08/05/2022$17,000,000Listed For SaleBeachesMLS #RX-10817093
11/03/2016$8,000,000Sold
N/A
06/30/2016$8,975,000PriceChange
Agent Provided
01/02/2016$9,250,000PriceChange
Agent Provided
05/25/2014$3,250,000PriceChange
Agent Provided
02/08/2014$2,950,000Listed For SaleAgent Provided
12/09/2013$2,995,000ListingRemovedAgent Provided
09/13/2013$2,995,000Listed For SaleAgent Provided
05/11/2013$2,995,000ListingRemovedAgent Provided
02/26/2013$2,995,000Listed For SaleAgent Provided
12/17/2012$2,000,000Sold
N/A
06/01/2012$2,327,500ListingRemovedAgent Provided
04/20/2012$2,327,500Listed For SaleAgent Provided

Property Taxes and Assessment

Year2022
Tax$117,350
Assessment$10,359,443
Home facts updated by county records

Comparable Sales for 505 E Alexander Palm Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Single-Family Home
$10,792,000
04/22/24
5
8
7,852
0.15
Single-Family Home
$14,750,000
07/14/23
5
8
7,250
0.26
Single-Family Home
$12,500,000
04/11/24
6
9
7,523
0.06
Single-Family Home
$26,500,000
03/29/24
6
9
8,921
0.25
Single-Family Home
$15,000,000
06/26/23
6
10
8,341
0.15
Single-Family Home
$17,944,791
06/06/23
6
9
9,967
0.11
Single-Family Home
$28,450,000
04/05/24
6
9
9,692
0.13
Single-Family Home
$25,924,406
03/18/24
6
9
10,784

Assigned Schools

These are the assigned schools for 505 E Alexander Palm Rd.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Royal Palm

  • Izabela P.
    "None. It totally lacks life. Has a retirement house vibe. Scarcity of parks or events compared to the wealth of this town. "
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  • Chris B.
    "Great weather, lots of neighbors out and about waking their dogs etc. many plazas and shops to browse. Wonderful selection of restaurants "
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  • 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. "
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  • Randy
    "Best place in east Boca Raton for luxury and convenience near downtown "
    0
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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 2024 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.
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Homes for Rent Near 505 E Alexander Palm Rd

Off Market Homes Near 505 E Alexander Palm Rd

505 E Alexander Palm Rd, Boca Raton, FL 33432 is a 5 bedroom, 8 bathroom, 7,453 sqft single-family home built in 2015. 505 E Alexander Palm Rd is located in Royal Palm, Boca Raton. This property is not currently available for sale. 505 E Alexander Palm Rd was last sold on Jan 25, 2024 for $13,038,975 (13% lower than the asking price of $14,950,000). The current Trulia Estimate for 505 E Alexander Palm Rd is $13,044,800.