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1955 Thatch Palm Drive
About This Property
Upon arrival, a soaring two-story foyer with exquisite tile floors and granite accents sets an unforgettable tone, leading into a dramatic great room that perfectly frames the shimmering infinity-edge pool and spa. At the heart of the home, the chef's gourmet kitchen boasts top-of-the-line appliances, a spacious Butler's Pantry, and flows seamlessly into a formal dining room adorned with custom built-ins. The main level also features a private home office, expansive family room, chic club room with built-in bar nook, and an indulgent game room with a full bar an entertainment center. A custom wine cellar with a striking two-way fireplace adds a captivating architectural element, while a guest suite, cabana bath, and dual mechanical rooms complete the ground floor.
Upstairs, the primary suite is a sanctuary unto itself, offering separate his-and-hers bathrooms, expansive walk-in closets, a morning bar, and a private balcony overlooking panoramic golf course vistas. Four additional en-suite bedrooms include two VIP suites; bedroom three opens to a peaceful terrace, and bedroom four enjoys a private terrace overlooking the resort-style pool. A generous loft-style playroom, second laundry room, and additional mechanical room complete the upper level.
Step outside into an entertainer's paradise: a heated infinity-edge pool and spa, covered terrace with a summer kitchen and built-in grill, fire pit, and outdoor entertainment center all designed to deliver the ultimate backyard experience. A dedicated cabana bath with storage and a whole-home natural gas generator ensure year-round comfort and convenience.
Situated within the exclusive Royal Palm Yacht & Country Club, 1955 Thatch offers unrivaled access to world-class amenities. Just minutes from The Boca Raton Resort & Club, Mizner Park, fine dining, luxury shopping, and pristine beaches. Perfectly situated at the heart of Boca Raton's premier lifestyle. With 24-hour security, proximity to Boca Aviation, and easy access to both Fort Lauderdale-Hollywood International and Palm Beach International Airports, this is luxury living without compromise.
Experience the rare opportunity to own a newly constructed, fully furnished architectural jewel in one of Florida's most prestigious communities - at an extraordinary value. A masterpiece of design. A sanctuary of lifestyle. A home like no other. Where nature and luxury meet in perfect harmony.
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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%.
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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| May 9, 2025 | Listed by Douglas Elliman | $14,995,000 | |
| Listed by Douglas Elliman | |||
| Jan 10, 2022 | Sold | ||
| Sold | |||
| Dec 13, 2021 | Listed by Royal Palm Properties LLC | $3,850,000 | |
| Listed by Royal Palm Properties LLC | |||
| | |||
| Oct 22, 2021 | No longer available | - | |
| No longer available | |||
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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