
$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 |
| - | Issued |
Jul 12, 2024 | New standby generator residential |
| - | Issued |
Apr 12, 2024 | Fence/site wall - building (residential) |
| - | Final |
May 9, 2023 | Trade permits - electrical |
| - | Final |
May 9, 2023 | Trade permits - plumbing main |
| - | Final |
Sep 6, 2022 | Trade permits - pool |
| - | Issued |
Aug 18, 2022 | E electrical main permit |
| - | Issued |
Aug 18, 2022 | E plumbing main permit |
| - | Issued |
Aug 18, 2022 | E building accessory struct permit |
| - | Issued |
Aug 18, 2022 | Dock/seawall/boatlift - building (residential) |
| - | Issued |
Aug 9, 2022 | Swimming pool/spa/fountain - building (residential) |
| - | Issued |
Aug 9, 2022 | Swimming pool/spa/fountain - building (residential) |
| - | Issued |
Aug 9, 2022 | Swimming pool/spa/fountain - building (residential) |
| - | Issued |
Aug 9, 2022 | Pool |
| - | Issued |
Apr 18, 2022 | E building accessory struct permit |
| - | Issued |
Apr 18, 2022 | Fence/site wall - building (residential) |
| - | Issued |
Feb 15, 2022 | Trade permits - natural and lp gas |
| - | Issued |
Feb 15, 2022 | Trade permits - engineering services |
| - | 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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