495 E Royal Palm Rd, Unit 502

Boca Raton, FL 33432

$4,980,000
Last Sold Price
4
Beds
3,406 Sq. Ft.
$1,462 / Sq. Ft.
3,406
Sq. Ft.
$1,462
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 5/6/24
Closed 5/6/24
Terrace
Exterior
Rendering Living
Kitchen Option #2
Kitchen
801 Master bedroom with ocean view
Master Bedroom
Bathroom
Bedroom 3
Pool Deck
Pool deck- evening
8
9
Lobby
SSE view
Aerial SW View w POI's

Description

One of a kind, sky-terrace home, in the east tower at Royal Palm Residence. This east & south facing residence, features a 1,426 sq. ft., wrap-around terrace with pergola & has views of the Atlantic Ocean, intercoastal waterway, new Silver Palm Park & The Boca Raton Resort. Feel the breeze on the expansive sky-terrace and enjoy ocean & intracoastal views, without having to cross the intracoastal bridge. Spacious grand living room, kitchen & master bedroom with large walk-in closet. The unit includes...One of a kind, sky-terrace home, in the east tower at Royal Palm Residence. This east & south facing residence, features a 1,426 sq. ft., wrap-around terrace with pergola & has views of the Atlantic Ocean, intercoastal waterway, new Silver Palm Park & The Boca Raton Resort. Feel the breeze on the expansive sky-terrace and enjoy ocean & intracoastal views, without having to cross the intracoastal bridge. Spacious grand living room, kitchen & master bedroom with large walk-in closet. The unit includes several upgrades, as well as, luxurious Italian cabinetry and unique features including natural gas cooking, as well as a built-in Wolf gas barbecue grill on the terrace. This luxurious boutique building in downtown Boca, has only two units per floor, two assigned parking spaces per residence & two private elevator entrances into each home. Royal Palm Residences is tucked away in a quiet sanctuary with easy walkability to downtown Boca and the beach.
  1. Listed by Todd Richardson • Brokerage DRE #2031678 • One Sotheby's International Realty
    P: (305)-775-9629 C: (305)-775-9629 todd@groupp6.com

Property Details for 495 East Royal Palm Road, Unit 502

Furnished
Unfurnished
View
Ocean, Intracoastal, City, Golf Course
Waterfront Details
None
Waterfront
No
Style
No Pool/No Water, Condo 5+ Stories, Condo/Timeshare
Year Built Numeric
2021
Pets Allowed YN
Yes
Subdivision
ROYAL PALM RESIDENCES
LISTING UPDATED: 01/12/2026 07:28 AM

Property Details for 495 East Royal Palm Road, Unit 502

StatusClosed
MLS #R10908762
Days on Market154
Taxes$74,915 / year
HOA Fees$2,515 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2021
CountyPalm Beach County
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Location

Listing Courtesy of One Sotheby's International Realty

Sold By Compass Florida, LLC

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Building Information for 495 East Royal Palm Road, Unit 502

Building/ComplexROYAL PALM RESIDENCESFloor8.0Stories9Residences48Pet PolicyAllowedPet Policy DetailsBreed Restrictions, YesYear Built2021

Payment Calculator

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$33,030 per month

30 year fixed, 6.15% Interest

Principal and Interest

$24,272

Property Taxes

$6,243

HOA Dues

$2,515

The Payment Calculator is for illustrative purposes only.

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Property Information for 495 East Royal Palm Road, Unit 502

Summary
Location and General Information
  • Area: 4260
  • Bldg #: 502
  • City and Location Text: Boca Raton
  • Community Development District: No
  • Community Development District Y: false
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Front Exp: South
  • Front Exposure: South
  • Geo Lat: 26.349924
  • MLS Area: 4260
  • MLS Sub Area: PB02, Palm Bch 4180;4190;4240;4250;4260;4270;4280;4290
  • Postal Code: 33432
  • State: FL
  • Street Direction Prefix: E
  • Street #: 495
  • Subdivision Complex Bldg: Royal Palm Residences, ROYAL PALM RESIDENCES
  • Complex Name: Royal Palm Residences, ROYAL PALM RESIDENCES
  • Unit Number: 502
  • Water Access: None
  • Water View: Intracoastal, Ocean
  • Zoning: DDRI
Taxes and HOA Information
  • Association Deposit: No
  • Association Fee: $2,515
  • HOA Amenities: Mandatory
  • HOPA: No HOPA
  • Legal Desc: BOCA RATON LTS 18 THRU 21 & LT 22 (LESS ELY 3.46 SE 5TH AVE R/W) & LTS 23 & 24
  • Membership Fee Required: No
  • Parcel ID: 06434729010150180
  • Tax Information: New Construction
  • Tax Year: 2022
  • Type of Association: Condominium
Parking
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Parking: 2 Or More Spaces, 2+ Spaces, Assigned, Garage, Guest, Under Building
Property
Lot Information
  • Acreage Description: 1 To Less Than 2 Acre Lot
  • Acres: 1.15
  • Approx Sqft Total Area: 3406
  • Lot Square Footage: 50094.0
  • Property Condition: To Be Built
  • Sq Ft: 3406
  • Sq Ft Liv Area: 3406.0
  • Sq Ft Total: 3,406
  • Total Floors in Bldg: 9.00
  • Property Type: Residential, Condo, Condominium
Property and Assessments
  • Builder Name: Other
  • Builders Tract Name: Other
  • Construction Type: Condominium, Other, To Be Built, CBS, Concrete
  • Development: Royal Palm Residences
  • Development Name: Royal Palm Residences
  • Document Count: 0
  • Legal Description: BOCA RATON LTS 18 THRU 21 & LT 22 (LESS ELY 3.46 SE 5TH AVE R/W) & LTS 23 & 24
  • Special Assessment: No
  • Type of Governing Bodies: Condominium
  • Type: Condominium
  • Year Built Description: 2021
Utilities
  • Cable Available: Yes
  • Electric Service: True
  • On Site Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer Description: True
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Laundry Features: Inside, Laundry Tub
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Balcony, Built-in Barbecue
  • Gated Community YN: No
  • Guest Accommodations: No
  • Pool Description: Concrete, In Ground
  • Private Pool: No
  • Private Pool Description: Concrete,In Ground
  • Roof: Other
  • Roof Description: Other
  • Security Information: Closed Circuit Camera(s), Fire Sprinkler System, Key Card Entry, Lobby - Attended, Security System
  • Subdiv Amenities: Bike Storage, Community Room, Elevator(s), Fitness Center, Lobby, Manager On Site, Parking, Storage, Trash Chute
  • Storm Protection: Impact Glass
  • Balcony Details: Balcony - Covered, Balcony - Wrap Around
Interior Features
  • Baths Total: 5
  • Beds Total: 4
  • Column Description: CBS, Concrete
  • Cooling: Central Individual, Electric
  • Flooring: Ceramic Tile
  • Heating: Central Individual, Electric
  • Heating Description: Central Individual, Electric
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Master Bath Features: 2 Master Baths, 2 Master Suites, Dual Sinks, Master Bdrm - Ground, Separate Shower, Separate Tub
  • Num of Baths: 5.0
  • Num of Full Baths: 4
  • Num Stories: 9
  • PatioFeatures: Balcony
  • Room Count: 6
  • Rooms: Living Room, Kitchen, Master Bedroom, Family Room, Great Room, Laundry
  • Stories: 9.0
  • Interior Features: Bar, Bedroom Layout - Split, Elevator, Entrance Foyer, Kitchen Island, Pantry, Roman Tub, Storage, Walk-In Closet(s)
  • Appliances: Cooktop, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Washer
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: Main
  • Room Length: 29.0
  • Room Width: 20.0
Room 2
  • Room Type: Kitchen
  • Room Level: Main
  • Room Length: 22.0
  • Room Width: 19.0
Room 3
  • Room Type: Master Bedroom
  • Room Level: Main
  • Room Length: 25.0
  • Room Width: 17.0
Room 4
  • Room Type: Family Room
Room 5
  • Room Type: Great Room
Room 6
  • Room Type: Laundry
Multi Family
Multi Family Information
  • Total Num of Units In Building: 16
  • Total Units: 16
  • Ttl Units in Complex: 48
  • Unit Desc: Corner/End Unit
  • Unit Design: Corner/End Unit
  • Unit Floor #: 8
Income & Expenses
  • Maintenance Includes: Cable TV, Common Areas, Common Real Estate Tax, Elevator, Gas, Insurance, Maintenance Grounds, Pest Control, Security, Sewer, Trash
  • Exp Incl Extermination: Yes
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Pool Service: No
Rental
Rental Information
  • Application Fee: $.00
  • DXORIGMLNO: RML
  • Fee/Deposit Required: HOA Application Fee: 0.0
  • Lease Times per Year: 2
  • Num Leases Year: 2
  • Other Fees: $0
  • Pets Allowed: Breed Restrictions, Yes
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $1,525.25

Property History for 495 East Royal Palm Road, Unit 502

DateEvent & SourcePriceAppreciation
May 6, 2024

Sold (Public Record)

Public Record #1533390031

$4,980,000—
May 6, 2024

Sold

Beaches MLS #R10908762

$4,980,000—
Jan 3, 2024

Pending

Beaches MLS #R10908762

—
Aug 2, 2023

Listed (Active)

Beaches MLS #R10908762

$5,195,000—
DateEvent & SourcePrice
05/06/2024

Sold (Public Record)

Public Record #1533390031

$4,980,000
05/06/2024

Sold

Beaches MLS #R10908762

$4,980,000
01/03/2024

Pending

Beaches MLS #R10908762

—
08/02/2023

Listed (Active)

Beaches MLS #R10908762

$5,195,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 495 East Royal Palm Road, Unit 502

Taxable ValueLand-Additions$3,205,800Total-
Tax Record2025$54,785 ($4,565 / month)
Home Facts
Beds4Total Finished SqFt3,215 SqFtAbove Grade Finished SqFt3,215 SqFtLot Size43,560 SqFtStyleCondominiumYear Built2024CountyPALM BEACHAPN06-43-47-29-69-000-5020

Schools near 495 East Royal Palm Road, Unit 502

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Boca Raton Elementary School
Public - PK to 5
Boca Raton Community Middle School
Public - 6 to 8
Boca Raton Community High School
Public - 9 to 12
Somerset Academy Boca Middle School
Charter - 6 to 8
Rating
School
Distance
Boca Raton Elementary School
PublicPK to 5

Boca Raton Community Middle School
Public6 to 8

Boca Raton Community High School
Public9 to 12

Somerset Academy Boca Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of One Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.