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1801 Thatch Palm Drive
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 30, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Listed by Serhant | $7,250,000 | |
| Listed by Serhant | |||
| May 18, 2026 | Price Decreased |
$7,175,000
↓ $200K
(2.7%) | |
| Price Decreased | |||
| Oct 8, 2025 | Price Decreased |
$7,375,000
↓ $520K
(6.6%) | |
| Price Decreased | |||
| Mar 21, 2025 | Listed by Royal Palm Properties LLC | $7,895,000 | |
| Listed by Royal Palm Properties LLC | |||
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Transformed by the acclaimed P&H Interiors, 1801 Thatch Palm Drive is a masterpiece of design and craftsmanship, set along the 3rd fairway of the prestigious Royal Palm Yacht & Country Club. This impeccably maintained estate seamlessly blends refined Palm Beach architecture with modern comfort, offering an unparalleled living experience.
A dramatic foyer makes a lasting impression, leading to exquisitely designed living spaces with soaring ceilings, intricate millwork, and bespoke finishes. Designed for grand entertaining and intimate gatherings, the home features a temperature-controlled wine room, a distinguished private office, and an entertainer's club room with a full-service bar. The chef's kitchen is a study in elegance and function, effortlessly flowing into the family room and breakfast area for relaxed yet sophisticated living. Upstairs, the lavish owner's suite is a serene retreat boasting dual boutique-style dressing rooms, a private morning bar, and a spa-inspired bath adorned with marble and custom accents.
Outside, the estate's resort-style grounds invite effortless leisure, featuring a heated pool with cascading water features, a covered loggia, a fully equipped summer kitchen, and lush, manicured landscaping. Additional luxuries include impact windows, a three-car air-conditioned garage with golf cart storage, a state-of-the-art security system, and a whole-home natural gas generator. An extraordinary opportunity to experience refined golf course living in Boca Raton's most coveted enclave.
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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