2345 W Silver Palm Road
About This Property
This is not a short sale or foreclosure.
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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 |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Royal Palm Properties LLC | $7,250,000 | |
| Listed by Royal Palm Properties LLC | |||
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Custom built in 2017 by SRD Building Corp and styled by award-winning P&H Interiors, this 5,035-square-foot estate offers an elevated lifestyle within Royal Palm Yacht & Country Club. Designed for effortless living, the residence features four-bedroom suites, four full and one half bathroom, and a layout that balances comfort with everyday elegance.
The gourmet kitchen, equipped with premium appliances and a welcoming eat-in dining space, flows seamlessly into the great room. A private study with custom wood built-ins provides a polished retreat for work or quiet focus. The first-floor primary suite offers a spa-like escape with generous His and Her closets.
Outdoors, the property is a private sanctuary. A custom heated pool surrounded by lush landscaping sets the stage for relaxation, while the covered patio, built-in BBQ, and full bar invite memorable gatherings year-round.
With Crestron smart home technology, a whole-house generator, elevator, natural gas, and premium turf yard, the home is as functional as it is inviting. The 4-car garage with dual lifts expands to a 6-car capacity, completing this move-in-ready offering.
Square footages shown are from the Palm Beach County Tax Records.
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| Jun 15, 2016 | Sold | ||
| Sold | |||
| Sep 28, 2015 | Sold | ||
| Sold | |||
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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