See Home Value
$25,036,907*
House - Off Market

298 W Key Palm Road

Boca Raton, FL 33432
bedrooms
6 Beds
bathrooms
10 Baths, 2 Half Baths
square feet
11471 Sqft
$22,496,000 - $27,494,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Apr 16, 2021
$5,275,000
Sold Jan 14, 2021
$9,425,000

About This Property

Brand New Waterfront Signature Estate built by SRD Building Corp. This exceptional property is located on a premier corner lot within Boca Raton's most prestigious community, Royal Palm Yacht & Country Club. The home is over 11,400 sf of living space and has 6 bedrooms, 8 full and 2 half bathrooms, and a 5 car garage with large gated motorcourt. South exposure with 166' of waterfrontage, fully integrated Crestron smart-home system, full house natural gas generator, and exceptional quality and craftsmanship align with every detail throughout this home. Buyer to pay documentary stamp taxes on the deed and title insurance.

The manager has listed the unit size as 11471 square feet.
Unit Size
11,471Ft²
Days on Market
-
Land Size
-
Price per sqft
$2,179
Property Type
House
Property Taxes
$7,415
HOA Dues
$2,293
Year Built
1972

Price History

Date / Event Date Event Price
Jun 3, 2023 No longer available -
No longer available
May 25, 2023 Price Decreased $24,995,000
↓ $2M (5.7%)
Price Decreased
Apr 19, 2023 Price Decreased $26,500,000
↓ $3M (9.4%)
Price Decreased
Feb 10, 2023 Price Increased $29,250,000
↑ $1M (4.7%)
Price Increased
Jun 21, 2022 Price Decreased $27,950,000
↓ $7M (20.1%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 9
  • Full Bathrooms: 8
  • Partial Bathrooms: 9
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Marble
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,440
  • Parking Space Count: 5
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,999
  • Lot Size Depth Feet: 2,010
  • Lot Size Frontage Feet: 2,230
  • Total Building Area: 16,062
  • Gross Building Area: 16,062
  • Building Area: 12,354
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 12,354
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL PALM YACHT & COUNTRY CLUB SUB
  • Land Acres: 0.413
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL PALM YACHT & COUNTRY CLUB SUB LT 13 BLK 3

Ownership

  • Current Owner : GRAMM JAMES
  • Previous Owner : DINGLE STEVEN R
  • Owner Before Previous Owner: MARBER PHILIP
  • Owner Before Previous Owner 2: CARTY SIOBHAN
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 11, 2024

Neighborhood

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

Zoning

  • Zoning: R-1-A

Geography

  • Assessors Map Reference: 424
  • Parcel: 06-43-47-29-10-003-0130
  • Block: 3
  • Lot: 13
  • Municipality: BOCA RATON
  • Latitude: 26.3238
  • Longitude: -80.0845

    Address

  • Full Address: 298 W Key Palm Rd
  • Address - House Number: 298
  • Street Direction: W
  • Address - Street Name: Key Palm
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C022
  • 4-Digit Zip Code: 7924
  • Zip Code: 33432

Valuation

    Tax

  • Total Area: 13,319
  • Tax Year: 2022
  • Tax Amount: $73,521
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 6,658,306
  • High Value: 7,947,203
  • Low Value: 5,369,409

    Market Valuation

  • Market Total Value: $4,167,451
  • Market Land Value: $4,159,375
  • Market Improvement Value: $8,076

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,167,451

    Sales

  • Current Sale Contract Date: Apr 08, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Transaction ID: 11833570887
  • Current Sale Price: $5,275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210172033
  • Previous Sale Recording Date: Jan 14, 2021
  • Previous Sale Contract Date: Dec 22, 2020
  • Previous Sale Amount: $9,425,000
  • 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
6 Beds
9 Baths
9,582 ft²
$3,653/ft²
$35,000,000 Jun 2, 2022
-
$7,322/mo
House
10 Beds
14 Baths
18,694 ft²
$1,872/ft²
$35,000,000 Aug 1, 2022
-
$25,051/mo

About Royal Palm Yacht and Country Club


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Frequently Asked Questions

When was property at 298 West Key Palm Road built and last sold?
The property at 298 West Key Palm Road was built in 1972 and last sold on Apr 8, 2021 for $5,275,000.
How much is this home worth?
The estimated value of the home located at 298 West Key Palm Road is $29,542,500.
What are some comparable homes to 298 West Key Palm Road?
Homes that are comparable to 298 West Key Palm Road include a house property at 224 West Key Palm Road, 200 West Coconut Palm Road, which are both great to check out.

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