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117 Thatch Palm Cove
About This Property
This exclusive community is situated just South of downtown Boca Raton's beautiful Mizner Park, with world class shopping and dining. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2024 by the listing company. All Rights Reserved.
DISCLAIMER: Builder and/or Seller reserve the right to make changes and/or modifications to plans, specifications, features, colors and prices. All plans, elevation renderings, and videos shown are artists' conceptions and are not to scale. The information herein is believed to be accurate but not guaranteed and may be subject to errors, omissions and changes without notice. All measurements, dimensions, room sizes and lot sizes are approximate.
Buyer pays title insurance, Florida documentary stamps, and all other closing costs. Taxes are based on vacant land only and subject to change.
Royal Palm Yacht and Country Club membership is separate and not affiliated with RPIA homeownership.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2026 | Sold | ||
| Sold | |||
| Jun 22, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Price Decreased |
$12,750,000
↓ $500K
(3.8%) | |
| Price Decreased | |||
| Mar 20, 2026 | Listed by Royal Palm Properties LLC | $13,250,000 | |
| Listed by Royal Palm Properties LLC | |||
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Welcome to 117 Thatch Palm Cove, located on the quietest cul-de-sac street in the prestigious Royal Palm Yacht & Country Club. Built in 2023 by Primo Construction, this golf course estate offers 165 feet of prime golf frontage with sweeping views of a serene pond and the Jack Nicklaus signature golf course, and features over 7,700 square feet of luxurious living space with 5 bedrooms, 6 baths, and a club room. Floor-to-ceiling glass brings in ample natural light and perfectly frames the tranquil water and golf views, creating a seamless connection between the chef's kitchen, family room, great room, and the resort-style outdoor area with heated pool, spa, covered seating, and lush landscaping. Additional highlights include a private putting green, full-house generator, and a three-car garage, one of which is an incredible show garage designed to showcase a prized automobile.
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| Jun 10, 2025 | Sold | ||
| Sold | |||
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About Royal Palm Yacht and Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017