Check Availability
$12,995,000
↓ $1M (7.1%)
House - For Sale

170 Royal Palm Way

Boca Raton, FL 33432
bedrooms
5 Beds
bathrooms
7 Baths
square feet
7211 Sqft
$73,875
Estimated Monthly
$2,298
HOA / Fees
-0.10%
Cap Rate

About This Property

Premium location within Royal Palm Yacht & Country Club on the brand-new Jack Nicklaus Signature Golf Course. 170 Royal Palm Way is a turnkey SRD Building Corp. Signature Estate that offers a slice of paradise with 102' of golf course frontage. Contemporary chic style is found inside the 5 bedroom, 7,200+ living space with an open floor plan, towering windows, and trendy interiors. The home includes a formal dining area, club room with stunning bar, dedicated study, multiple living rooms, and a sprawling 1st-floor main suite complete with morning bar, glass shower room, and His & Her boutique closets. The backyard has southern exposure and is a tropical escape. The dazzling pool is the perfect centerpiece, wrapped by a large patio, covered loggia, summer kitchen, and infinite golf views.

The manager has listed the unit size as 7211 square feet.
Unit Size
7,211Ft²
Days on Market
246 days
Land Size
-
Price per sqft
$1,802
Property Type
House
Property Taxes
$7,769
HOA Dues
$2,298
Year Built
2020
Listed By
David W Roberts
Royal Palm Properties LLC
Last updated: 2 months ago (RMLSFL #10915839)

Price History

Date / Event Date Event Price
Jan 10, 2024 Price Decreased $12,995,000
↓ $1M (7.2%)
Price Decreased
Aug 31, 2023 Listed by Royal Palm Properties $13,995,000
Listed by Royal Palm Properties
Sep 30, 2022 No longer available -
No longer available
May 11, 2022 Listed by Royal Palm Properties LLC $15,000,000
Listed by Royal Palm Properties LLC
170 Royal Palm Way is offered turnkey and is a 2020 SRD Building Corp. Signature Estate that offers a slice of paradise with 102' of golf course frontage. Contemporary chic style is found inside the 5 bedroom, 7,200+ living space with an open floor plan, towering windows, and trendy interiors. The home includes a formal dining area, club room with stunning bar, dedicated study, multiple living rooms, and a sprawling 1st-floor main suite complete with morning bar, glass shower room, and His…
Feb 20, 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: 2020
  • Effective Year Built: 2020
  • 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: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,102
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,185
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 10,749
  • Gross Building Area: 10,749
  • Building Area: 7,211
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 7,211
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL PALM YACHT & CNTRY CLUB
  • Land Acres: 0.349
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL PALM YACHT & CNTRY CLUB LT 2 BLK 27

Ownership

  • Current Owner : FERRIN MICHAEL L
  • Current Owner 2: GRACE BAY TRUST
  • Previous Owner : HARGROVE MARY CHERYL
  • Owner Before Previous Owner: RODIS CHRIS C
  • Owner Before Previous Owner 2: RODIS CHRIS C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-1-A

Geography

  • Assessors Map Reference: 424
  • Parcel: 06-43-47-29-10-027-0020
  • Block: 27
  • Lot: 2
  • Meridian: SEC 29 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3297
  • Longitude: -80.0889

    Address

  • Full Address: 170 Royal Palm Way
  • Address - House Number: 170
  • Address - Street Name: Royal Palm
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C006
  • 4-Digit Zip Code: 7940
  • Zip Code: 33432

Valuation

    Tax

  • Total Area: 7,894
  • Tax Year: 2023
  • Tax Amount: $93,228
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1351
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 7,087,273
  • High Value: 8,044,786
  • Low Value: 6,129,761

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,200,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Oct 06, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $4,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $5,466,609
  • Market Land Value: $2,491,837
  • Market Improvement Value: $2,974,772

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,453,505

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2021
  • Current Sale Recording Date: Mar 12, 2021
  • Current Sale Transaction ID: 11826716215
  • Current Sale Price: $6,995,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210113170
  • Previous Sale Recording Date: Jul 25, 2019
  • Previous Sale Contract Date: Jul 19, 2019
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Warranty Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6.5 Baths
7,962 ft²
$1,884/ft²
$15,000,000 Jan 30, 2023
-
$8,002/mo
House
5 Beds
6.5 Baths
7,627 ft²
$1,999/ft²
$15,250,000 Aug 3, 2023
-
$8,376/mo
House
4 Beds
7 Baths
6,876 ft²
$2,174/ft²
$14,950,000 Aug 25, 2023
-
$13,626/mo
House
6 Beds
9 Baths
8,278 ft²
$1,806/ft²
$14,950,000 Aug 21, 2023
-
$5,696/mo

About Royal Palm Yacht and Country Club


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Frequently Asked Questions

When was property at 170 Royal Palm Way built and last sold?
The property at 170 Royal Palm Way was built in 2020 and last sold on Mar 9, 2021 for $6,995,000.
How much is this home worth?
The estimated value of the home located at 170 Royal Palm Way is $14,134,950.
What are some comparable homes to 170 Royal Palm Way?
Homes that are comparable to 170 Royal Palm Way include a house property at 264 South Maya Palm Drive, 174 West Coconut Palm Road, 1440 Thatch Palm Drive.

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