David AbernathyPalm Beach County market intelligence

Country Clubs / Royal Palm Yacht & Country Club / Parcel map

Historical MLS sale · MLS R10969124

485 Royal Palm Way, Boca Raton, FL 33432

Sold 06/04/24 for $7,500,000 · $1,220 per living sq ft

Source: BeachesMLS · MLS reporting cutoff 11/03/26

MLS #
R10969124
Status
Closed — historical sale
Sale date
06/04/24
Sold price
$7,500,000
Price per living sq ft
$1,220
Original asking price
$8,500,000
Final asking price
$8,500,000
Sold price as a share of final asking
88.2%
Listed
04/01/24
Under contract
05/01/24
Days from listing to contract
30 days
Property type
Single Family Residence
Bedrooms
5
Bathrooms
6.5
Living area
6,148 sq ft
Year built
1965
Subdivision (tax)
Royal Palm Yacht & Country Club
Waterfront
None
Parcel ID
06434729100140210
Listing brokerage
RPE Realty
Listing brokerage email
tracy@optionrealty.com
Listing brokerage MLS ID
276539977

How this sale compared

$1,220 per living sq ft · 30 days to contract · sold for $7,500,000

How this sale compared with several groups of Royal Palm Yacht & Country Club sales during the two years before it closed (06/04/22 to 06/04/24). Each row looks at one characteristic; these are not adjusted comparable valuations.

Below the median price per square foot in both groups shown, and under contract faster than both groups shown.

These comparisons don't explain why; condition, improvements and other differences need a closer look.

Compared withMedian price per sq ftMedian days to contractSale-price rank
Whole communityRoyal Palm Yacht & Country Club71 other sales · 688 properties$1,339based on 71 other sales50.5 daysbased on 68 other sales36th highest of 72
StreetRoyal Palm Way9 other sales · 98 properties$1,656based on 9 other sales58 daysbased on 9 other sales7th highest of 10

Groups follow the county property appraiser's records. Each median leaves out this sale and appears once the other sales reach 1% of the group's properties. A comparison describes the market at the time; it is not a valuation. Royal Palm Yacht & Country Club market report · How these are compared

Want a closer look at this sale?

David can walk through what may have set this sale apart, such as condition, updates and setting within Royal Palm Yacht & Country Club, and what it could mean for a property you own or are considering.

Ask David about this sale ↗︎

Other sales of this property

Sale dateSold priceMLS #
03/11/24$7,000,000R10959684

These details describe this listing at the time of sale. Features, condition, ownership and subdivision labels may have changed since. This is a recorded closed MLS sale for this parcel in the saved dataset, which may not include every transaction.