$9,950,000.00 | 6 bed 6.5 bath 5,782sqft 5,782 square feet 0.35acre lot | 251 W Key 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. :

$1,721

Garage :

3 Cars

Year Built :

1994

Exquisite Waterfront Estate in Royal Palm Yacht & Country Club


Presenting a private waterfront masterpiece that exemplifies elegance, comfort, and refined coastal living. Set on 89 feet of the widest canal in the prestigious Royal Palm Yacht & Country Club, this extraordinary residence features a private dock with a boat lift, offering effortless access to the Intracoastal Waterway—ideal for yachting enthusiasts.

Bathed in natural light thanks to its desirable northern exposure, the expansive outdoor living space is a serene retreat. A free-form heated pool and spa are framed by an elegant paver deck, while a covered patio invites relaxed al fresco dining. A captivating spiral staircase leads from the patio to the VIP guest suites above, complete with a balcony that captures tranquil water views.

Inside, a gourmet eat-in kitchen equipped with a large island and walk-in pantry caters to culinary ambitions, while the formal dining room, accented with coffered ceilings, sets the stage for memorable gatherings. The first-floor primary suite is a private sanctuary, featuring a generous sitting area and a luxurious spa-style bathroom.

Additional highlights include an elevator, premium impact-rated windows and doors, and a low-maintenance synthetic turf yard—offering peace of mind and easy living. This is a rare opportunity to experience the pinnacle of privacy and waterfront luxury in one of Boca Raton’s most exclusive communities.

Interior:

Bedrooms

  • Bedrooms: 6

  • Bedrooms On Main Level: 2

  • Primary Bedroom Level: M

  • Bedroom 2 Level: M

  • Bedroom 3 Level: U

  • Bedroom 4 Level: U

  • Bedroom 5 Level: U

Bathrooms

  • Total Bathrooms: 6 / 1

  • Full Bathrooms: 6

  • 1/2 Bathrooms: 1

  • Bathrooms On Main Level: 3

  • Primary Bathroom Features: Mstr Bdrm - Ground, Separate Shower, Separate Tub

Interior Features

  • Built-In Shelves

  • Elevator

  • Entry Lvl Lvng Area

  • Fireplace(S)

  • Foyer

  • Kitchen Island

  • Pantry

  • Upstairs Living Area

  • Volume Ceiling

  • Walk-In Closet

  • Furnished Description: Unfurnished

  • Flooring: Carpet, Marble

  • Window Features: Impact Glass

Appliances

  • Dishwasher

  • Dryer

  • Microwave

  • Range - Electric

  • Refrigerator

  • Washer

Other Rooms

  • Den/Office, Family, Laundry-Inside

  • Den Level: M

  • Family Room Level: M

  • Living Room Level: M

Heating and Cooling

  • Cooling Features: Central

  • Heating Features: Central

Kitchen and Dining

  • Dining Area Description: Breakfast Area, Formal

  • Kitchen Level: M

Exterior:

Exterior and Lot Features

  • Covered Patio

  • Open Patio

Waterfront and Water Access

  • Water Features: Lift, No Wake Zone, Private Dock

  • Canal Width 121+

  • Interior Canal

  • No Fixed Bridges

  • Ocean Access

  • Waterfront Feet: 89'

Pool and Spa

  • Pool Features: Private Pool: Inground

  • Pool Private: Yes

Garage and Parking

  • Covered Spaces: 3

  • Garage Spaces: 3

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

Land Info

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

  • Lot Size Acres: 0.3543388

  • Lot Size Dimensions: 100'X 157'X 89'X 170'

  • Lot Size Square Feet: 15435

Home Features

  • View: Canal, Garden, Pool

  • Security Features: 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

Rental Info

  • Application Fee: 2000.00

Listing:

Other Property Info

  • Annual Tax Amount: 111897.00

  • Source Listing Status: Active

  • County: Palm Beach

  • Directions: Royal Palm Yacht & Country Club

  • Tax Year: 2024

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

  • Source Property Type: Residential

  • Area: 4190

  • 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: 5782

  • Year Built: 1994

  • Construction Materials: CBS

  • Direction Faces: South

  • Living Area Source: Tax Rolls

  • Property Age: 31

  • Property Condition: Resale

  • Levels Or Stories: 2.00

  • House Style: < 4 Floors

  • Total Area Sqft: 7436

  • Year Built Details: Resale

Utilities

  • Public Sewer

  • Public Water

  • Water Source: Public Water

Category

Details

Home Price

$9,950,000

Monthly Payment

$65,338 (30-year fixed loan at 6.814%)

Principal & Interest

$51,968

Property Tax

$9,325

Home Insurance

$3,731

HOA Fees

$315

Mortgage Insurance

$0

🔐 Total Due at Closing

Item

Amount

Down Payment (20%)

$1,990,000

Estimated Closing Costs (4%)

$398,000

Total

$2,388,000

2024

Sep 25, 2024

207 days on Realtor.com

Listed

BeachesMLSFlex

$9,950,000

+546.10%

$1,721/sqft

1996

Jan 29, 1996

Sold

Public Record

$1,540,000

$266/sqft

1994

Apr 8, 1994

Sold

Public Record

$700,000

$121/sqft

1994

Built

BeachesMLSFlex

-

-

Year

Taxes

Total assessment

equals

Land

added to

Additions

2023

$107,401

$5,615,264

=

-

+

-

2022

$92,690

$4,640,714

=

-

+

-

2021

$81,117

$4,218,831

=

-

+

-

2020

$69,576

$3,835,301

=

$3,350,000

+

$485,301

2019

$66,448

$3,558,422

=

$3,000,000

+

$558,422

2018

$60,170

$3,371,403

=

$2,892,066

+

$479,337

2017

$56,391

$3,108,326

=

$2,629,151

+

$479,175

2016

$53,459

$2,871,269

=

$2,503,954

+

$367,315

2015

$60,017

$3,110,210

=

-

+

-

2014

$55,170

$2,827,464

=

-

+

-

2013

$59,970

$3,063,794

=

-

+

-

2012

$55,943

$2,811,683

=

-

+

-

2011

$56,873

$2,826,100

=

-

+

-

2010

$52,258

$2,588,732

=

-

+

-

2008

$53,778

$2,872,099

=

-

+

-

2007

$51,402

$2,907,930

=

-

+

-

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

Oct 22, 2024

Exact air conditioning changeout - building (single family residential only)

  • Hvac

  • Residential

-

Final

Feb 25, 2023

Window/door/shutter - building (quick review)

  • Doors and windows

-

Final

Oct 19, 2022

E components cladding permit

  • Doors and windows

-

Issued

Mar 24, 2021

E mechanical main permit

  • Mechanical work

  • Residential

-

Issued

Dec 11, 2013

E mechanical main permit

  • Mechanical work

  • Residential

-

Issued

Nov 27, 2013

E mechanical main permit

  • Hvac

  • Mechanical work

-

Issued

May 3, 2011

Roof miscellaneous

  • Commercial

  • Roofing

-

Issued

Dec 10, 2003

Roof miscellaneous

  • Commercial

  • Hvac

  • Roofing

-

Issued

Nov 12, 1998

Boat lift piling

  • New construction

  • Residential

-

Issued

Nov 12, 1998

Electrical

  • Electrical work

  • Residential

-

Issued

Nov 12, 1998

Boat lift piling

  • Electrical work

  • Residential

-

Issued

Sep 22, 1997

Fences walls

  • Commercial

  • Fences

-

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

Moderate

This property's flood rate is increasing.

Fire

Minimal

This property's wild fire risk is not changing 

Heat

Extreme

7 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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