See Home Value
$6,432,401*
House - Off Market

1694 Sabal Palm Drive

Boca Raton, FL 33432
bedrooms
5 Beds
bathrooms
6.5 Baths, 1 Half Bath
square feet
5894 Sqft
$5,805,000 - $7,095,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Sold Aug 31, 2023
$5,000,000
Sold Apr 10, 2014
$3,000,000
$999,000 by Branch Banking And Trust Co
Mortgage Due May 01, 2044

About This Property

Exquisite and unparalleled, this remarkable estate offers a rare opportunity to live lavishly on 4 pristine fairways of the Signature Jack Nicklaus Signature golf course. Nestled within the prestigious Royal Palm Yacht & Country Club Community, this stunning property boasts a south-facing exposure, affording abundant natural light throughout. Meticulously maintained and appointed to perfection, the home features an open split floor plan, 5 palatial bedrooms, and a handsome office for the most discerning executives. In addition, a tropical oasis backyard escape awaits, complete with a covered patio and oversized heated pool/spa, offering the ultimate retreat from everyday life. The interior of this luxurious sanctuary is a true work of art, with marble floors, volume ceilings, stone columns

The manager has listed the unit size as 5894 square feet.
Unit Size
5,894Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,094
Property Type
House
Property Taxes
$7,133
HOA Dues
$2,293
Year Built
2001

Price History

Date / Event Date Event Price
Aug 31, 2023 Sold to William Joseph Scaggs $5,000,000
Sold to William Joseph Scaggs
Jul 29, 2023 No longer available -
No longer available
Jun 28, 2023 Price Decreased $6,450,000
↓ $400K (5.8%)
Price Decreased
Apr 25, 2023 Price Decreased $6,850,000
↓ $250K (3.5%)
Price Decreased
Mar 13, 2023 Listed $7,100,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Slate
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 749
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,410
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 7,600
  • Gross Building Area: 7,600
  • Building Area: 5,894
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,894
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL PALM YACHT & CNTRY CLUB
  • Land Acres: 0.331
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL PALM YACHT & CNTRY CLUB LT 20 BLK 16

Ownership

  • Current Owner : SCAGGS WILLIAM JOSEPH
  • Previous Owner : HARE STEPHEN
  • Previous Owner 2: HARE MARY LOUISE
  • Owner Before Previous Owner: COHEN ARTHUR T
  • Owner Before Previous Owner 2: COHEN DIANE
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

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

Zoning

  • Zoning: R-1-A

Geography

  • Assessors Map Reference: 424
  • Parcel: 06-43-47-29-10-016-0200
  • Block: 16
  • Lot: 20
  • Meridian: SEC 29 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3343
  • Longitude: -80.0823

    Address

  • Full Address: 1694 Sabal Palm Dr
  • Address - House Number: 1694
  • Address - Street Name: Sabal Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C006
  • 4-Digit Zip Code: 7423
  • Zip Code: 33432

Valuation

    Tax

  • Total Area: 6,306
  • Tax Year: 2023
  • Tax Amount: $86,184
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 6,403,229
  • High Value: 7,531,408
  • Low Value: 5,275,051

    Market Valuation

  • Market Total Value: $5,421,677
  • Market Land Value: $3,751,908
  • Market Improvement Value: $1,669,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,043,018

    Sales

  • Current Sale Contract Date: Aug 30, 2023
  • Current Sale Recording Date: Aug 31, 2023
  • Current Sale Transaction ID: 11912982384
  • Current Sale Price: $5,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 302290
  • Previous Sale Recording Date: Apr 10, 2014
  • Previous Sale Contract Date: Apr 07, 2014
  • Previous Sale Amount: $3,000,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Apr 10, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $999,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
8 Baths
6,078 ft²
$1,234/ft²
$7,500,000 Feb 24, 2023
-
$7,953/mo
House
5 Beds
5.5 Baths
5,677 ft²
$942/ft²
$5,350,000 Jan 19, 2023
-
$7,153/mo
House
4 Beds
5.5 Baths
4,510 ft²
$1,486/ft²
$6,699,900 Apr 23, 2023
-
$5,297/mo
House
4 Beds
4.5 Baths
4,415 ft²
$1,653/ft²
$7,299,000 Mar 9, 2023
-
$5,331/mo
House
4 Beds
4.5 Baths
4,344 ft²
$1,352/ft²
$5,875,000 Dec 8, 2022
-
$5,272/mo
House
6 Beds
9 Baths
8,039 ft²
$931/ft²
$7,485,000 Feb 17, 2023
-
$5,243/mo
Condo
4 Beds
4.5 Baths
4,313 ft²
$1,461/ft²
$6,300,000 Jun 14, 2023
-
$12,416/mo

About Royal Palm Yacht and Country Club


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Frequently Asked Questions

When was property at 1694 Sabal Palm Drive built and last sold?
The property at 1694 Sabal Palm Drive was built in 2001 and last sold on Aug 30, 2023 for $5,000,000.
How much is this home worth?
The estimated value of the home located at 1694 Sabal Palm Drive is $6,514,500.
What are some comparable homes to 1694 Sabal Palm Drive?
Homes that are comparable to 1694 Sabal Palm Drive include a house property at 430 Royal Palm Way, 2362 West Maya Palm Drive, 428 Addison Park Lane.

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