550 E Alexander Palm Rd, Boca Raton, FL 33432
OFF MARKET

$11,942,400

Trulia Estimate
  • Studio
  • 7 Baths
  • 6,888 sqft (on 0.36 acres)

550 E Alexander Palm Rd, Boca Raton, FL 33432

Royal Palm
Est. Refi. Payment $78,534/mo*
Refinance Your Home
Currently Off Market - Sold Dec 6, 1993 for $850,000

Home Value

Trulia Estimate
$11.9M
Since last month
Increased$492K (+4.3%)
Since last year
Increased$1M (+10.1%)
Since last sale
Increased$11M (+1,305%)
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 +85% in the last 10 years
MonthEstimated value
2026
August 2026$11.94M
August 2026$11.87M
July 2026$11.45M
June 2026$11.28M
May 2026$11.25M
April 2026$11.14M
March 2026$11.53M
February 2026$11.65M
January 2026$11.16M
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
425 S Maya Palm Drive, Boca Raton, FL
0.17
Single-Family Home
$3,950,000
02/12/26
5
7.5
6,571
437 S Maya Palm Drive, Boca Raton, FL
0.16
Single-Family Home
$3,500,000
04/16/26
6
8.5
7,237
377 E Coconut Palm Road, Boca Raton, FL
0.17
Single-Family Home
$8,400,000
05/07/26
5
7.5
6,365
500 E Alexander Palm Road, Boca Raton, FL
0.08
Single-Family Home
$20,000,000
08/19/26
5
7
8,287
2391 Areca Palm Road, Boca Raton, FL
0.22
Single-Family Home
$7,700,000
06/26/26
5
6.5
6,159
443 E Alexander Palm Road, Boca Raton, FL
0.17
Single-Family Home
$10,500,000
05/29/26
5
8
8,076
2498 Queen Palm Road, Boca Raton, FL
0.17
Single-Family Home
$11,250,000
02/17/26
6
8.5
7,202
2121 E Maya Palm Drive, Boca Raton, FL
0.29
Single-Family Home
$8,000,000
02/02/26
5
6.5
6,793
2401 Banyan Road, Boca Raton, FL
0.25
Single-Family Home
$2,800,000
07/10/26
5
5
3,568
2352 Acorn Palm Road, Boca Raton, FL
0.30
Single-Family Home
$6,815,000
09/18/25
5
6
6,256

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
2633 Spanish River Rd, Boca Raton, FL 33432
0.08
$26,147,600
6
8.5
9,967
Off Market
2551 Spanish River Road, Boca Raton, FL 33432
0.11
$7,338,300
5
5.5
5,215
Off Market
499 S Maya Palm Drive, Boca Raton, FL 33432
0.11
$14,222,100
5
6
5,746
Off Market
2499 E Maya Palm Dr, Boca Raton, FL 33432
0.11
-
4
7
9,480
Off Market
2500 E Maya Palm Drive, Boca Raton, FL 33432
0.11
$75,000,000
8
12.5
18,286
Recently Sold
2525 Spanish River Road, Boca Raton, FL 33432
0.12
$10,948,300
6
8.5
10,033
Off Market
450 S Maya Palm Drive, Boca Raton, FL 33432
0.11
$17,750,000
6
6
6,954
For Sale
521 E Alexander Palm Road, Boca Raton, FL 33432
0.07
$12,612,700
5
7
7,852
Off Market
2401 Spanish River Road, Boca Raton, FL 33432
0.15
$24,995,000
6
6.5
10,814
For Sale
500 E Alexander Palm Road, Boca Raton, FL 33432
0.08
$20,000,000
5
7
8,287
Recently Sold
2408 E Maya Palm Drive, Boca Raton, FL 33432
0.14
$17,000,000
-
-
-
Recently Sold
505 E Alexander Palm Road, Boca Raton, FL 33432
0.08
$15,000,600
5
7
7,453
Off Market

Local Information

  • Map ViewExplore the area around 550 E Alexander Palm Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1996
Lot Size
0.36 acres
Living Area
6,888 sqft
Price/Sqft
$1,734
Parking
Garage

About this House

This single-family home is located at 550 E Alexander Palm Rd, Boca Raton, FL. 550 E Alexander Palm Rd is in the Royal Palm neighborhood in Boca Raton, FL and in ZIP code 33432. This property has 7 bathrooms and approximately 6,888 sqft of floor space. This property has a lot size of 0.36 acres and was built in 1996.
550 E Alexander Palm Rd, Boca Raton, FL 33432 is a studio, 7 bathroom, 6,888 sqft single-family home in Royal Palm, built in 1996. It last sold for $850,000 on Dec 6, 1993. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $11,942,400, with a rent estimate of $68,036/month.

Home Details for 550 E Alexander Palm Rd

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2ElevatorFloors: Other, Carpet
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: TileExterior: Stucco
Pool
Pool
Parking & Garage
GarageParking: Garage

Property Information

Year Built
Year Built: 1996Year Updated: 1996
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.36 acres

Price and Tax history

DateEventPrice
Dec 6, 1993
Source: N/A
Sold
$850,000

Market trends in Boca Raton

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$623K
$8.33KMoM
Sale-to-List Price
95.8%
0.2%MoM
Price per sq ft
$345
$3MoM
Available listings
2077
92MoM

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

Frequently asked questions about 550 E Alexander Palm Rd

  • What is 550 E Alexander Palm Rd estimated to be worth?
    Trulia's estimated value for 550 E Alexander Palm Rd in Boca Raton, FL is $11,942,400.
  • What is the price history for 550 E Alexander Palm Rd?
    550 E Alexander Palm Rd in Boca Raton, FL last sold for $850,000 in December 1993.
  • 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 $623K. That is up $8.33K from the prior month.
  • Does 550 E Alexander Palm Rd have air conditioning?
    Yes, 550 E Alexander Palm Rd in Boca Raton, FL has air conditioning.
  • Does 550 E Alexander Palm Rd have a pool?
    Yes, 550 E Alexander Palm Rd in Boca Raton, FL has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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Apartments for Rent

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Off Market Homes Near 550 E Alexander Palm Rd

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