$2,800,000
SOLD DEC 3, 2024

475 E Royal Palm Rd Unit 406 Boca Raton, FL 33432

Downtown Boca Neighborhood
3 Beds
3.5 Baths
2,966 Sq Ft
$2,789/mo HOA Fee

Recently Sold

$944 Per Sq Ft

20% Below List Price

251 Days on Market

Highlights

  • Doorman
  • Water Views
  • 50,190 Sq Ft lot
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • 3-minute walk to Wildflower Park

About This Home

As of December 2024

New and never lived in, this West tower residence offers maximum natural light from southwest orientation, features three bedrooms and three and a half bathrooms, and is ideally located steps from the finest restaurants, shopping, beaches, parks, and entertainment of downtown Boca Raton. The residence boasts dual direct private elevator access, dramatic floor-to-ceiling windows flooding the home with natural light, gourmet kitchen with luxe Italian cabinetry and Sub Zero/Wolf appliance package, porcelain tile flooring throughout, and oversized terrace with built-in Wolf gas barbecue grill. 2 assigned parking spaces per residence.

Last Agent to Sell the Property

Rochelle LeCavalier

Douglas Elliman License #3135840

Douglas Elliman

Last Buyer's Agent

Warren Drucker

Keller Williams Realty Boca Raton License #3319862

Keller Williams Realty Boca Raton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $80,527

Year Built

  • Built in 2024

HOA Fees

  • $2,789 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Property Views

  • Water
  • Golf Course

Interior Spaces

  • 2,966 Sq Ft Home
  • Entrance Foyer
  • Great Room
  • Open Floorplan
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number Royal Palm Residences 406

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
  • 48 Units
  • High-Rise Condominium
  • Royal Palm Residences Subdivision
  • 9-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$80,527

Year Built

Built in 2024

Lot Details

0

HOA Fees

$2,789 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: FROM I-95, TAKE PALMETTO PARK ROAD EAST UNTIL 5TH AVENUE AND MAKE RIGHT. ROYAL PALM RESIDENCES WILL BE LOCATED AT 475 E ROYAL PALM ROAD.
  • Year Built: 2024
  • Architectural Style: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Kitchen/Dining Combo, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Other
  • Living Area: 2966.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 9
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill
  • View: Golf Course, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Two or More Spaces

Utilities

  • Security: Door Man, Key Card Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2789.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: Royal Palm Residences 406
  • Lot Size: East of US-1,Public Road
  • Lot Size Sq Ft: 50190.0
  • Zoning Description: DDRI(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022

Multi Family

  • Number Of Units In Community: 48

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $2,800,000 -4.6% $944 / Sq Ft
10/25/2024 10/25/24 Price Changed $2,935,000 -16.1% $990 / Sq Ft
03/26/2024 03/26/24 For Sale $3,500,000 +50.8% $1,180 / Sq Ft
03/13/2024 03/13/24 Sold $2,321,531 0.0% $783 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $2,321,531 -- $783 / Sq Ft
Source: BeachesMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $80,527 $4,692,765 $4,692,765 $0
2022 $74,915 $4,266,150 $0 $0
2021 $77,034 $4,266,150 $4,266,150 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,200,000 New Conventional
Previous Owner $1,732,500 New Conventional
Previous Owner $1,877,781 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $1,611,000 New Conventional
Previous Owner $0 New Conventional
Previous Owner $62,200,000 Construction
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $2,800,000 None Listed On Document
Warranty Deed $2,800,000 None Listed On Document
Source: Public Records

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Source: BeachesMLS

MLS Number: R10972164

BeachesMLS

APN: 06-43-47-29-01-015-0180