$2,948,000
$302K PRICE DROP

485 E Royal Palm Rd Unit 604 Boca Raton, FL 33432

Downtown Boca Neighborhood

Estimated payment $25,984/month

Total Views 7,556
3 Beds
3.5 Baths
2,469 Sq Ft
$1,194 Price per Sq Ft

Highlights

  • Ocean View
  • Fitness Center
  • Community Pool
  • Boca Raton Community Middle School Rated A-
  • Great Room
  • 2-minute walk to Wildflower Park

About This Home

Tucked away in a Quiet Sanctuary at the intersection of City and Sea, this Modern work of Art will rise above the premier address in All of Boca. 48 Luxury Boutique Residences will feature the finest finishes and amenities. Owners will enjoy dual entry private elevator access directly into their residence. Each home will have 270 degrees of natural light, European kitchens and top of the line appliances. Residences will have Wolf gas barbecue grills built into their outdoor terrace. Amenities include two assigned parking spaces per residence, a Wellness Plaza featuring Fitness Center, Club Room for entertaining and Pool. Just steps away from the finest Beaches, Restaurants, Shopping, Entertainment and multi-million dollar Parks, right outside the Building.

Listing Agent

Todd Richardson

One Sotheby's International Realty License #3440636

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $80,527

Year Built

  • Built in 2024

Lot Details

  • Sprinkler System

HOA Fees

  • $2,819 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Property Views

  • Ocean
  • Intracoastal
  • Golf Course

Interior Spaces

  • 2,469 Sq Ft Home
  • Entrance Foyer
  • Great Room
  • Open Floorplan
  • Den
  • Closed Circuit Camera

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill

Schools

  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 604
  • Assessor Parcel Number 06434729010150180

Community Details

Overview

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

Amenities

  • Bike Room
  • 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

$2,819 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95, Take Palmetto Park Rd. east until 5th Ave. The Royal Palm Residences Sales & Model Gallery located at 490 East Palmetto Park Rd on the SW corner of the intersection of Palmetto and 5th Ave
  • Year Built: 2024
  • Architectural Style: High Rise
  • Entry Level: 6
  • Unit Levels: Three Or More
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Family/Dining Room, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other
  • Living Area: 2469.0
  • Dining Room Type: Den, Great Room, Laundry
  • Stories: 9
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill
  • View: Golf Course, Intercoastal, Ocean, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Closed Circuit Camera(s), 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: 2819.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Management, Pool, Spa/Hot Tub, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

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

Schools

  • High School: Boca Raton Community

Lot Info

  • Parcel #: 06434729010150180
  • Lot Size: East of US-1,Public Road
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Lot: 604

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

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

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Price Changed $2,948,000 -13.3% $1,194 / Sq Ft
01/30/2024 01/30/24 Price Changed $3,400,000 +4.6% $1,377 / Sq Ft
01/19/2024 01/19/24 For Sale $3,250,000 -- $1,316 / Sq Ft
Source: BeachesMLS

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

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

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Source: BeachesMLS

MLS Number: R10951930

BeachesMLS

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