$24,500,000.00 | 6 bed 8.5 bath 9,306sqft 9,306 square feet 0.34acre lot | 212 W Alexander Palm Rd, Boca Raton, FL 33432.

Listed at Prime Holdings Inc

Email: broker@primeholdings.site

Property Type :

Single Family

HOA Fees :

$315/mo.

Price Per Sqft. :

$2,633

Garage :

4 Cars

Year Built :

2023

212 W Alexander Palm Road | Boca Raton, FL
A New Standard in Ultra-Luxury Waterfront Living


Introducing a breathtaking, brand-new waterfront estate situated on 100 feet of prized frontage along the Royal Palm Waterway in Boca Raton’s most prestigious enclave—Royal Palm Yacht & Country Club. Designed by BE Designs, crafted by Albanese & Sons, and flawlessly styled by ZLMN Interiors, this architectural tour de force delivers over 13,000 total square feet of sophisticated indoor-outdoor living.

This fully turnkey residence features 6 opulent bedroom suites, 8 full and 1 half bathrooms, and over 9,300 square feet of interior space, thoughtfully designed for effortless entertaining and ultimate relaxation.

Main Level Highlights:

  • A dramatic two-story grand foyer with full-slab porcelain floors and granite accents

  • Expansive living room with serene views of Capone Island

  • Elegant formal dining room with custom built-ins

  • Dream chef’s kitchen equipped with Wolf, Gaggenau, and Sub-Zero appliances, complemented by a butler’s pantry

  • Club room with full bar, Scotsman ice maker, and multiverse entertainment center

  • Theater room and climate-controlled wine cellar

  • Two-way marble fireplace creating warmth and sophistication

  • Guest suite, 3 bathrooms, including a cabana bath

  • Oversized 4-car garage plus golf cart bay

🛌 Second Floor Sanctuary:

  • A resort-style primary suite featuring dual spa-inspired bathrooms, custom his-and-her walk-in closets, a morning bar, and a private wraparound balcony

  • Wellness room with sauna, steam shower, and private en-suite

  • Fully equipped home gym overlooking the infinity-edge pool

  • VIP guest suite with spectacular water views, walk-in closet, and private balcony

  • Three additional en-suite bedrooms, each with walk-in closets

  • Second-floor laundry room with dual washers and dryers

🌴 Outdoor Oasis:

  • Infinity-edge resort-style pool & spa

  • Sunken fire pit, outdoor kitchen, and entertainment pavilion

  • Covered patio with built-in gas fireplace and grill

  • Full-house natural gas generator

  • Epoxy-finished 4-car garage + golf cart space

💡 Technology & Security:

  • Fully integrated Control4 Smart Home system

  • Elevator access to all floors

  • Two mechanical rooms for seamless operation

  • 24/7 security patrol in one of Boca Raton’s most exclusive communities

📍 Unmatched Location:

  • Minutes from The Boca Raton Resort & Club, pristine beaches, Mizner Park, fine dining, shopping, and cultural attractions

  • Convenient access to I-95, and just 30 minutes from Fort Lauderdale and Palm Beach International Airports


212 W Alexander Palm Road is more than a residence—it is a modern masterpiece, designed for the discerning buyer who demands the finest in luxury, location, and lifestyle.

Interior: 

Bedrooms

  • Bedrooms: 6

  • Bedrooms On Main Level: 1

  • Primary Bedroom Level: 2

  • Bedroom 2 Level: 2

  • Bedroom 3 Level: 2

  • Bedroom 4 Level: 2

Bathrooms

  • Total Bathrooms: 8 / 1

  • Full Bathrooms: 8

  • 1/2 Bathrooms: 1

  • Bathrooms On Main Level: 3

  • Primary Bathroom Features: 2 Master Baths, Dual Sinks, Mstr Bdrm - Sitting, Mstr Bdrm - Upstairs, Separate Shower, Separate Tub

Interior Features:

  • Bar

  • Built-In Shelves

  • Closet Cabinets

  • Custom Mirror

  • Elevator

  • Entry Lvl Lvng Area

  • Fireplace(S)

  • Foyer

  • Kitchen Island

  • Pantry

  • Second/Third Floor Concrete

  • Split Bedroom

  • Upstairs Living Area

  • Volume Ceiling

  • Walk-In Closet

  • Wet Bar

  • Furnished Description: Furnished, Turnkey

  • Flooring: Marble, Tile, Wood Floor

  • Window Features: Blinds, Impact Glass, Sliding

Appliances

  • Auto Garage Open

  • Central Vacuum

  • Dishwasher

  • Disposal

  • Dryer

  • Freezer

  • Generator Whle House

  • Ice Maker

  • Microwave

  • Range - Gas

  • Refrigerator

  • Water Heater - Gas

Other Rooms

  • Cabana Bath, Convertible Bedroom, Den/Office, Family, Laundry-Inside, Loft, Sauna, Storage

  • Living Room Level: 1

  • Loft Level: 2

Heating and Cooling

  • Cooling Features: Ceiling Fan, Central, Electric

  • Heating Features: Central, Electric, Zoned

Kitchen and Dining

  • Dining Area Description: Dining-Florida, Dining/Kitchen, Eat-In Kitchen, Formal

  • Dining Room Level: 1

  • Kitchen Level: 1

Exterior:

Exterior and Lot Features

  • Auto Sprinkler

  • Built-In Grill

  • Covered Patio

  • Custom Lighting

  • Open Balcony

  • Open Patio

  • Screened Patio

  • Summer Kitchen

  • Wrap-Around Balcony

  • Zoned Sprinkler

  • Patio And Porch Features: Porch Remarks: Balcony, Patio

Waterfront and Water Access

  • Water Features: No Wake Zone, Private Dock, Up To 100 Ft Boat

  • Canal Width 1 - 80

  • Waterfront Feet: 100

Pool and Spa

  • Pool Features: Private Pool: Heated, Inground, Spa

  • Pool Private: Yes

  • Spa Features: Heated, In Ground

Garage and Parking

  • Covered Spaces: 4

  • Garage Spaces: 4

  • Parking Features: 2+ Spaces, Drive - Circular, Garage - Attached, Golf Cart

Land Info

  • Lot Description: 1/4 To 1/2 Acre, East Of US-1

  • Lot Size Acres: 0.3443526

  • Lot Size Dimensions: 100 X 150 X 100 X 150

  • Lot Size Square Feet: 15000

Home Features

  • View: Canal, Pool

  • Security Features: Burglar Alarm, Gate - Unmanned, Security Patrol

Community:

Homeowners Association

  • Association: Yes

  • Association Fee: 315

  • Association Fee Amenities: Common Areas, Security

  • Calculated Total Monthly Association Fees: 315

  • Association Name: Mandatory

  • Pets Allowed: Yes

School Information

  • Elementary School: Boca Raton Elementary School

  • High School: Boca Raton Community High School

  • Middle School: Boca Raton Community Middle School

Rental Info

  • Application Fee: 2000.00

Listing:

Other Property Info

  • Annual Tax Amount: 102881.00

  • Source Listing Status: Active

  • County: Palm Beach

  • Directions: E Camino Real To Royal Palm Way, Make A Right, Left Of Date Palm Rd, Right On Alexander Palm Rd, House Will Be Half Way Down The Street On Your Left Side.

  • Tax Year: 2023

  • Restrictions: Buyer Approval, Interview Required, Lease OK W/Restrict, No Corporate Buyers

  • Source Property Type: Residential

  • Area: 4190

  • List Development Name: ROYAL PALM YACHT & COUNTRY CLUB

  • Source Neighborhood: ROYAL PALM YACHT & COUNTRY CLUB

  • Subdivision: ROYAL PALM YACHT & COUNTRY CLUB

  • Zoning: R 1 A(Ci

  • Property Subtype: Single Family Detached

  • Source System Name: C 2 C

Features:

Building and Construction

  • Total Square Feet Living: 9306

  • Year Built: 2023

  • Construction Materials: CBS, Concrete

  • Direction Faces: North

  • Living Area Source: Developer

  • Property Age: 2

  • Property Condition: New Construction

  • Roof: Concrete Tile, Flat Tile

  • Levels Or Stories: 2.00

  • House Style: < 4 Floors, Contemporary

  • Total Area Sqft: 13185

  • Year Built Details: New Construction

Utilities

  • Cable

  • Electric

  • Gas Natural

  • Public Sewer

  • Public Water

  • Water Source: Public Water

💰 Monthly Payment Snapshot: $146,036


(Based on a 30-year fixed loan at 6.814%)

  • Principal & Interest: $127,960

  • Property Tax: $8,573

  • Home Insurance: $9,187

  • HOA Fees: $315

  • Mortgage Insurance: $0 (since this is a jumbo loan with 20% down, private mortgage insurance isn't required—solid.)


🔑 Total Due at Closing: $5,880,000

  • Down Payment (20%): $4,900,000

  • Estimated Closing Costs (4%): $980,000


🧠 Investor Intel:

  • This property is not for the faint of funds — but for a serious buyer, it’s a trophy asset, likely a waterfront estate in an exclusive community.

  • That $127k/month principal + interest means there’s strong leverage here. Could be smart for wealth preservation or luxury rental income.

  • Insurance and taxes are actually modest for this price range, likely due to favorable local policies or exemptions.

  • With a $5.88M upfront, this is entry into the luxury elite — great for positioning in portfolio diversification or legacy estate planning.


If you want, I can run the ROI potential if this is used as a luxury rental or help write the perfect pitch deck for presenting this to ultra-high-net-worth clients.

2024

Sep 19, 2024

213 days on Realtor.com

Listed

BeachesMLSFlex

$24,500,000

$2,633/sqft

Sep 17, 2024

Listing removed

BeachesMLSFlex

-

-

Apr 18, 2024

Relisted

BeachesMLSFlex

$25,000,000

$2,769/sqft

Apr 16, 2024

179 days after listed

Listing removed

BeachesMLSFlex

-

-

Mar 27, 2024

Price decreased

BeachesMLSFlex

$24,500,000

-$500,000

$2,713/sqft

2023

Oct 20, 2023

Listed

BeachesMLSFlex

$25,000,000

$2,769/sqft

Oct 19, 2023

532 days after listed

Listing removed

BeachesMLSFlex

-

-

2022

May 5, 2022

Listed

BeachesMLSFlex

$25,000,000

+292.77%

$2,769/sqft

2021

Jul 15, 2021

Sold

BeachesMLSMatrix

$6,365,000

$781/sqft

2018

Sep 19, 2018

Sold

BeachesMLSFlex

$3,425,000

-20.26%

$420/sqft

Jun 30, 2018

Price decreased

BeachesMLSFlex

$3,950,000

-$245,000

$484/sqft

Apr 6, 2018

Price decreased

BeachesMLSFlex

$4,195,000

-$100,000

$515/sqft

Mar 15, 2018

Relisted

BeachesMLSFlex

$4,295,000

$527/sqft

Mar 10, 2018

Listing removed

BeachesMLSFlex

$4,295,000

$527/sqft

Feb 6, 2018

Relisted

BeachesMLSFlex

$4,295,000

$527/sqft

Feb 5, 2018

250 days after listed

Listing removed

BeachesMLSFlex

$4,295,000

$527/sqft

2017

May 31, 2017

Listed

BeachesMLSFlex

$4,295,000

$527/sqft

Mar 8, 2017

390 days after listed

Listing removed

BeachesMLSFlex

$4,295,000

$527/sqft

2016

Oct 15, 2016

Price decreased

BeachesMLSFlex

$4,295,000

-$595,000

$527/sqft

Feb 12, 2016

Listed

BeachesMLSFlex

$4,890,000

$600/sqft

Jan 26, 2016

78 days after listed

Listing removed

BeachesMLSFlex

$5,425,000

$665/sqft

2015

Nov 9, 2015

Listed

BeachesMLSFlex

$5,425,000

+352.08%

$665/sqft

1996

Aug 7, 1996

Sold

Public Record

$1,200,000

$129/sqft

1988

Aug 18, 1988

Sold

Public Record

$1,840,000

$198/sqft

1984

Jul 1, 1984

Sold

Public Record

$800,000

$86/sqft

2023

Built

BeachesMLSFlex

-

-

Year

Taxes

Total assessment

equals

Land

added to

Additions

2023

$102,880

$11,763,179

=

-

+

-

2022

$89,015

$5,069,134

=

$5,066,875

+

$2,259

2021

$75,737

$3,665,365

=

-

+

-

2020

$60,490

$3,332,150

=

$2,750,000

+

$582,150

2019

$59,080

$3,161,955

=

$2,500,000

+

$661,955

2018

$33,268

$1,897,015

=

-

+

-

2017

$33,094

$1,857,997

=

-

+

-

2016

$33,233

$1,819,782

=

-

+

-

2015

$34,152

$1,807,132

=

-

+

-

2014

$34,295

$1,792,790

=

-

+

-

2013

$33,898

$1,766,296

=

-

+

-

2012

$33,859

$1,736,771

=

-

+

-

2011

$33,238

$1,686,185

=

-

+

-

2010

$32,815

$1,661,266

=

-

+

-

2008

$27,917

$1,617,591

=

-

+

-

2007

$27,359

$1,568,908

=

-

+

-

The price and tax history data displayed is obtained from public records and/or MLS feeds from the local jurisdiction.

Date

Type of work

Project type

Project name

Status

Jul 12, 2024

New standby generator residential

  • Electrical work

  • Residential

-

Issued

Jul 12, 2024

New standby generator residential

  • Residential

-

Issued

Apr 12, 2024

Fence/site wall - building (residential)

  • Fences

  • Residential

-

Final

May 9, 2023

Trade permits - electrical

  • Electrical work

-

Final

May 9, 2023

Trade permits - plumbing main

  • Plumbing

-

Final

Sep 6, 2022

Trade permits - pool

  • Pool and spa construction

-

Issued

Aug 18, 2022

E electrical main permit

  • Docks

  • Electrical work

-

Issued

Aug 18, 2022

E plumbing main permit

  • Docks

  • Plumbing

-

Issued

Aug 18, 2022

E building accessory struct permit

  • Docks

-

Issued

Aug 18, 2022

Dock/seawall/boatlift - building (residential)

  • Docks

  • Residential

-

Issued

Aug 9, 2022

Swimming pool/spa/fountain - building (residential)

  • Plumbing

  • Pool and spa construction

  • Residential

-

Issued

Aug 9, 2022

Swimming pool/spa/fountain - building (residential)

  • Pool and spa construction

  • Residential

-

Issued

Aug 9, 2022

Swimming pool/spa/fountain - building (residential)

  • Electrical work

  • Pool and spa construction

  • Residential

-

Issued

Aug 9, 2022

Pool

  • Pool and spa construction

-

Issued

Apr 18, 2022

E building accessory struct permit

  • Fences

-

Issued

Apr 18, 2022

Fence/site wall - building (residential)

  • Fences

  • Residential

-

Issued

Feb 15, 2022

Trade permits - natural and lp gas

  • Plumbing

  • Residential

-

Issued

Feb 15, 2022

Trade permits - engineering services

  • New construction (beta)

  • Residential

-

Issued

The permit history displayed is obtained from public records and provided for informational purposes only. It may not represent the complete permit history for the property. Accuracy is not guaranteed.

Risk Factor

Level

Details

Flood

Major

This property's flood risk is increasing

Fire

Minimal

This property's wildfire risk is not changing.

Heat

Extreme

6 days above 106°F this year.

Wind

Extreme

Extreme risk of severe winds over the next 30 years.

Air Quality

Minor

Risk of poor air quality is increasing.

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