Sold
Last Sold Price
4 beds3,406 sqft
495 E Royal Palm Rd, Unit 502, Boca Raton, FL 33432
CondoProperty Type
2021Year Built
$1,462/sq ftPrice per sq ft
$2,515/moHOA Fees
2 carsParking Spaces

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
  • Listed by: Todd Richardson 305.775.9629 todd@groupp6.com Brokerage DRE #2031678 • One Sotheby's International Realty
Listing closed: 05/06/2024 12:00 AM • Source: Beaches MLS, MLS#: R10908762

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Recent comparable sales

Median sold price

$4,700,000

Avg days on market

43

Sale-to-list ratio

91.9%

Boca Raton, FL

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Location

Listing Courtesy of One Sotheby's International Realty

Sold By Compass Florida, LLC

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$35,344 per month

30 year fixed, 7.03% Interest

Principal and Interest

$26,586

Property Taxes

$6,243

HOA Dues

$2,515

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Property Information for 495 East Royal Palm Road, Unit 502

Property Details
  • Pet Policy: Allowed
  • Taxes: $74,915 / year
  • MLS Type: Residential / Condominium
  • 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
  • Waterview Description: Intracoastal, Ocean
Building Information
  • Building/Complex: ROYAL PALM RESIDENCES
  • Floor: 8.0
  • Stories: 9
  • Residences: 48
  • Pet Policy: Allowed
  • Pet Policy Details: Breed Restrictions, Yes
  • Year Built: 2021
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
  • 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
  • Senior Community: No
Parking
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Parking: 2 Or More Spaces, 2+ Spaces, Assigned, Garage, Guest, Under Building
School Information
  • Elementary School: Boca Raton
  • High School: Boca Raton
  • Middle School: Boca Raton Community
  • Senior High School: Boca Raton
Property
Lot Information
  • Acreage Description: 1 To Less Than 2 Acre Lot
  • Acres: 1.15
  • Approx Sqft Total Area: 3406
  • 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: 7
  • Rooms: Living Room, Kitchen, Master Bedroom, Family Room, Great Room, Laundry, Den
  • 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
Room 7
  • Room Type: Den
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

—
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

—

For completeness, we 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
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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.