Check Availability
$6,950,000
House - For Sale

121 Royal Palm Way

Boca Raton, FL 33432
bedrooms
6 Beds
bathrooms
6.5 Baths, 1 Half Bath
square feet
7557 Sqft
$41,833
Estimated Monthly
$2,298
HOA / Fees
0.35%
Cap Rate

About This Property

Experience luxury living at its finest with this exquisite 6-bedroom golf course property offering stunning, endless views of the Jack Nicklaus 3rd fairway. From the moment you arrive through the gated motor court entrance, you're captivated by the grandeur of this home. Step inside to discover the two-story living room, an open-air chef's kitchen with top-of-the-line appliances, and an inviting eat-in dining room, perfect for hosting memorable gatherings. The expansive summer terrace beckons you outdoors, where you can relax and entertain in style with an equipped summer kitchen and a custom heated pool and spa featuring a sun shelf with loungers, providing the ultimate in relaxation and enjoyment.

The manager has listed the unit size as 7557 square feet.
Unit Size
7,557Ft²
Days on Market
33 days
Land Size
-
Price per sqft
$920
Property Type
House
Property Taxes
$5,408
HOA Dues
$2,298
Year Built
2007
Listed By
David W Roberts
Royal Palm Properties LLC
Last updated: 23 days ago (RMLSFL #10975063)

Price History

Date / Event Date Event Price
Apr 4, 2024 Listed by Royal Palm Properties $6,950,000
Listed by Royal Palm Properties
Oct 18, 2021 Sold to Krystelle Fournier, Stephan... $4,075,000
Sold to Krystelle Fournier, Stephan...
Aug 27, 2021 No longer available -
No longer available
Jul 7, 2021 Relisted $4,295,000
Relisted
Jun 27, 2021 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Pool Information

Pool

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 1,272
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 15,547
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 11,347
  • Gross Building Area: 11,347
  • Building Area: 7,557
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,557
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: ROYAL PALM YACHT & CNTRY CLUB
  • Land Acres: 0.357
  • Legal Description 1: ROYAL PALM YACHT & CNTRY CLUB LT 1 BLK 26

Ownership

  • Current Owner : GRATZIANI STEPHAN P
  • Current Owner 2: FOURNIER KRYSTELLE
  • Previous Owner : RAUENHORST JOSEPH
  • Owner Before Previous Owner: VARIAN VAHAN C
  • Owner Before Previous Owner 2: VARIAN NANCY E
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007504

Zoning

  • Zoning: R-1-A

Geography

  • Assessors Map Reference: 424
  • Parcel: 06-43-47-29-10-026-0010
  • Block: 26
  • Lot: 1
  • Meridian: SEC 29 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3304
  • Longitude: -80.0898

    Address

  • Full Address: 121 Royal Palm Way
  • Address - House Number: 121
  • Address - Street Name: Royal Palm
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C006
  • 4-Digit Zip Code: 7939
  • Zip Code: 33432

Valuation

    Tax

  • Total Area: 8,227
  • Tax Year: 2023
  • Tax Amount: $64,899
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 5,549,405
  • High Value: 6,527,149
  • Low Value: 4,571,661

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $4,302,643
  • Market Land Value: $2,492,404
  • Market Improvement Value: $1,810,239

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,802,643

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 12, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Transaction ID: 11862201586
  • Current Sale Price: $4,075,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 20210477431
  • Previous Sale Recording Date: Sep 23, 2013
  • Previous Sale Contract Date: Sep 16, 2013
  • Previous Sale Amount: $2,650,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 18, 2021
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Sep 23, 2013
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $2,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Oct 01, 2043

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
7.5 Baths
7,816 ft²
$1,017/ft²
$7,950,000 Sep 20, 2023
-
$6,234/mo
House
5 Beds
6 Baths
6,817 ft²
$1,159/ft²
$7,899,000 Feb 22, 2024
-
$4,983/mo
House
8 Beds
9 Baths
7,450 ft²
$1,070/ft²
$7,971,500 Jan 18, 2024
-
$6,736/mo
House
4 Beds
4.5 Baths
4,955 ft²
$1,171/ft²
$5,800,000 Dec 18, 2023
-
$7,438/mo
House
4 Beds
4.5 Baths
4,038 ft²
$1,548/ft²
$6,250,000 Feb 13, 2024
-
$4,504/mo
House
4 Beds
4.5 Baths
4,186 ft²
$1,374/ft²
$5,750,000 Apr 3, 2024
-
$5,931/mo
Condo
4 Beds
5.5 Baths
4,424 ft²
$1,526/ft²
$6,750,000 Nov 16, 2023
-
$16,175/mo
Condo
4 Beds
5.5 Baths
4,718 ft²
$1,272/ft²
$5,999,999 Jan 29, 2024
-
$9,081/mo
Condo
4 Beds
3.5 Baths
4,319 ft²
$1,387/ft²
$5,990,000 Apr 14, 2023
-
$7,628/mo

About Royal Palm Yacht and Country Club


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Frequently Asked Questions

When was property at 121 Royal Palm Way built and last sold?
The property at 121 Royal Palm Way was built in 2007 and last sold on Oct 12, 2021 for $4,075,000.
How much is this home worth?
The estimated value of the home located at 121 Royal Palm Way is $6,792,170.
What are some comparable homes to 121 Royal Palm Way?
Homes that are comparable to 121 Royal Palm Way include a house property at 359 Thatch Palm Drive, 2225 West Silver Palm Road, 61 Little Harbor Way.

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