$3,200,000
NEW CONSTRUCTION $175K PRICE DROP

485 E Royal Palm Rd Unit 204 Boca Raton, FL 33432

Downtown Boca Neighborhood

Estimated payment $20,290/month

Total Views 3,249
3 Beds
3.5 Baths
2,425 Sq Ft
$1,320 Price per Sq Ft

Highlights

  • Doorman
  • Water Views
  • New Construction
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • 2-minute walk to Wildflower Park

About This Home

Welcome to this one-of-a-kind, newly constructed luxury second floor villa in the heart of downtown Boca Raton. This stunning 3-bedroom, 3.5-bath open concept residence redefines elegance with modern sophistication, boasting an expansive private 1,535 sq ft terrace that overlooks a resort-style pool, perfect for outdoor living and entertaining. Access your home through a private dual-entry elevator, and step into a space that features sleek Italian cabinetry, an expansive kitchen island, and top-of-the-line Wolf and Sub-Zero appliances. This exclusive boutique building offers the best of Boca Raton living, just moments from fine dining, shopping, and the ocean, all less than half a mile away. This is truly a rare opportunity to own a masterpiece of design and location!

Listing Agent

Lara Goodwin

One Sotheby's International Realty License #3378367

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,970

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Sprinkler System

HOA Fees

  • $2,266 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Property Views

  • Water
  • Garden
  • Pool

Interior Spaces

  • 2,425 Sq Ft Home
  • Awning
  • Entrance Foyer
  • Great Room
  • Open Floorplan
  • Den
  • Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Concrete Pool
  • Balcony
  • Deck
  • Open Patio
  • Wrap Around Porch

Schools

  • Boca Raton Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729690002040

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, legal/accounting, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash
  • 48 Units
  • High-Rise Condominium
  • Royal Palm Residences Con Subdivision, Palm Villa 2 Floorplan
  • 9-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Business Center
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

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

$1,970

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$2,266 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Take E. Palmetto Park Road to 5th Avenue. Turn right onto E. Royal Palm Road. Turn right into Royal Palm Residences valet service.
  • Year Built: 2024
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Breakfast Bar, Dual Sinks, Entrance Foyer, Elevator, Garden Tub/Roman Tub, Kitchen/Dining Combo, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other, Tile
  • Living Area: 2425.0
  • Dining Room Type: Den, Great Room, Laundry, Storage Room
  • Stories: 9
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Awning(s), Balcony, Deck
  • View: Garden, Pool, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Heated, None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Open, Wrap Around
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Closed Circuit Camera(s), 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
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2266.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Clubhouse, Fitness Center, Management, Pool, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

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

Schools

  • Elementary School: Boca Raton
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434729690002040
  • Lot Size: 1 to < 2 Acres,East of U
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: DDRI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1970.0

Multi Family

  • Number Of Units In Community: 48

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 -- $109,479 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Price Changed $3,200,000 -2.3% $1,320 / Sq Ft
01/13/2025 01/13/25 Price Changed $3,275,000 -0.8% $1,351 / Sq Ft
11/25/2024 11/25/24 Price Changed $3,300,000 -2.2% $1,361 / Sq Ft
10/04/2024 10/04/24 For Sale $3,375,000 -- $1,392 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $1,295,788 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,036,630 New Conventional
Source: Public Records

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Source: BeachesMLS

MLS Number: R11025101

BeachesMLS

APN: 06-43-47-29-69-000-2040