How do I schedule a tour of 248-260 W Alexander Palm Road, Boca Raton, FL 33432?

Use the Tour button on this listing to request a showing of 248-260 W Alexander Palm Road, Boca Raton, FL 33432. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 248-260 W Alexander Palm Road, Boca Raton, FL 33432 still available?

248-260 W Alexander Palm Road, Boca Raton, FL 33432 is currently listed as Active, and has been on the market 19 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 248-260 W Alexander Palm Road, Boca Raton, FL 33432?

With 20% down ($4,980,000) on the $24,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 248-260 W Alexander Palm Road, Boca Raton, FL 33432 is about $130,860/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 248-260 W Alexander Palm Road, Boca Raton, FL 33432?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 248-260 W Alexander Palm Road, Boca Raton, FL 33432. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 248-260 W Alexander Palm Road, Boca Raton, FL 33432 have an HOA fee?

Yes: 248-260 W Alexander Palm Road, Boca Raton, FL 33432 carries an HOA fee of about $9,080 annually (Royal Palm Improvement Association). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 248-260 W Alexander Palm Road, Boca Raton, FL 33432?

248-260 W Alexander Palm Road, Boca Raton, FL 33432 is zoned for Boca Raton (elementary), Boca Raton Community (middle), Boca Raton (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 248-260 W Alexander Palm Road, Boca Raton, FL 33432?

Often, yes. The right offer on 248-260 W Alexander Palm Road, Boca Raton, FL 33432 depends on how it's priced against comparable single family sales in Boca Raton, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Active

19 Days on Market

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$24,900,000

248-260 W Alexander Palm Road

Boca Raton, FL 33432

ROYAL PALM YACHT & COUNTRY CLUB

Explore the area: Boca Raton homes for sale · Palm Beach County real estate

Price Check

How this price compares

List price: $24,900,000
Price per sq ft: $3,817
Vs. nearby sales: 148.2% above
Days on market: 19

This 6-bedroom single-family home in Royal Palm Yacht & Country Club is listed at $24,900,000, or $3,817 per square foot. It has been on the market for 19 days. The 5 most recent single-family home sales in the closings shown below sold at a median of $1,538 per square foot, so the asking price is 148.2% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

6,524

Living Sq Ft

2000

Year Built

Estimated monthly payment

$130,860 /mo

Principal and interest only, based on $4,980,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price: $24,900,000
Days on Site: 19 Days
Bedrooms: 6
Total Baths: 7
Full Baths: 6
Partial Baths: 1
Living Area: 6,524 sqft
Total Sq Ft: 8,449 sqft
Lot Size: 0.69 Acres
Year Built: 2000
Property Type: Single Family
MLS #: B26089279
Property Tax: $228,911 (2025)
HOA Fees: $9,080 / Annually
Subdivision: ROYAL PALM YACHT & COUNTRY CLUB
Development: Royal Palm Yacht & Country Club
County: Palm Beach
Status: Active
Special Conditions: Standard / Listed As Is

About This Property

An extraordinary opportunity to own a double lot in Royal Palm Yacht & Country Club, Boca Raton's premier luxury community. Located along the Royal Palm Waterway between the Hillsboro River and the Intracoastal Waterway, 248 and 260 W. Alexander Palm Road are offered together and encompass approximately 30,000 square feet of land with an impressive 200 feet of waterfrontage and desirable southern exposure in the rear. The existing residence, built in 2000, offers 6,524 square feet under air, six bedrooms, six-and-a-half bathrooms, a private office, and a three-car garage. Enjoy the existing home or explore the possibilities of creating a custom waterfront estate on this exceptional double lot. A rare offering in one of South Florida's most coveted communities.

MLS media link

General Features

Property Type: Single Family
Status: Active
Year Built: 2000
Property Condition: Resale
Number of Stories: 2
Levels: Two
Garage Spaces: 3
Attached Garage: Yes
Parking: Attached / Circular Driveway / Driveway / Garage
Direction Faces: North
Lot Size (Acres): 0.69
Living Sq Ft: 6,524
Total Sq Ft: 8,449
Structure Type: House
Sewer: Public Sewer
Water Source: Public
Zoning: R1A (city)

Interior Features

Appliances: Dryer / Dishwasher / Freezer / Disposal / Gas Range / Oven / Refrigerator / Wine Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Carpet / Marble
Fireplace: Yes
Interior Features: Breakfast Area / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Eat In Kitchen / High Ceilings / Kitchen Island / Main Level Primary / Pantry / Sitting Area In Primary / Split Bedrooms / Soaking Tub / Separate Shower / Bar / Walk In Closets
Laundry: Main Level / Laundry Room
Main Level Bedrooms: 2
Main Level Baths: 4
Total Rooms: 11
Furnished: Unfurnished

Exterior Features

Construction: CBS Concrete Block Structure / Block
Roof: Concrete
Exterior Features: Built In Barbecue / Balcony / Barbecue / Outdoor Living Area
Private Pool: Yes
Pool Features: Heated / In Ground / Private
Patio & Porch: Covered / Open / Patio / Balcony
Waterfront: Yes
Waterfront Features: Canal Access / Canal Front / No Fixed Bridges / Ocean Access
Frontage: Waterfront
Frontage Length: 200.00 ft
View: Canal / Garden / Pool / Preserve / Water

Community & HOA

HOA Fee: $9,080 / Annually
HOA Name: Royal Palm Improvement Association
HOA Includes: Security
Association Amenities: None
Community Features: Home Owners Association
Security: Security System Owned / Security Guard
Utilities: Cable Connected / Electricity Connected / Natural Gas Connected / Sewer Connected / Underground Utilities / Water Connected
Pets Allowed: No Pet Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: Buyer Approval Required / No Corporate Buyer / Ok To Lease / Rental Restriction
MLS Area: 4190

This home's HOA fee works out to $757 a month, 100% above the $378 median across 33 homes for sale in Royal Palm Yacht & Country Club. See Royal Palm Yacht & Country Club HOA fees

Schools

Elementary School: Boca Raton
Middle School: Boca Raton Community
High School: Boca Raton

About the Community

Royal Palm Yacht & Country Club

View Community Details →

Royal Palm Yacht & Country Club is one of Boca Raton's most exclusive waterfront communities, set along the Intracoastal Waterway minutes from the Boca Raton Inlet. Built for boating, many of its estates sit on deep-water canals with private docks, and the community is anchored by a private club with golf and a full-service marina. Homes span original residences and new waterfront estates, some rebuilt through recent years, and active listings run from around $4.3 million to $38 million, with a median near $15 million. The location places residents just east of downtown Boca Raton, close to Mizner Park, the beaches, and I-95.

Homes for Sale: 26
Under Contract: 4
Median List Price: $16,950,000
Median $/Sq Ft: $2,096
Avg Days on Market: 195

View all 26 homes for sale in Royal Palm Yacht & Country Club →

Frequently Asked Questions

How do I schedule a tour of 248-260 W Alexander Palm Road, Boca Raton, FL 33432?: Use the Tour button on this listing to request a showing of 248-260 W Alexander Palm Road, Boca Raton, FL 33432. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 248-260 W Alexander Palm Road, Boca Raton, FL 33432 still available?: 248-260 W Alexander Palm Road, Boca Raton, FL 33432 is currently listed as Active, and has been on the market 19 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 248-260 W Alexander Palm Road, Boca Raton, FL 33432?: With 20% down ($4,980,000) on the $24,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 248-260 W Alexander Palm Road, Boca Raton, FL 33432 is about $130,860/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 248-260 W Alexander Palm Road, Boca Raton, FL 33432?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 248-260 W Alexander Palm Road, Boca Raton, FL 33432. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 248-260 W Alexander Palm Road, Boca Raton, FL 33432 have an HOA fee?: Yes: 248-260 W Alexander Palm Road, Boca Raton, FL 33432 carries an HOA fee of about $9,080 annually (Royal Palm Improvement Association). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 248-260 W Alexander Palm Road, Boca Raton, FL 33432?: 248-260 W Alexander Palm Road, Boca Raton, FL 33432 is zoned for Boca Raton (elementary), Boca Raton Community (middle), Boca Raton (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 248-260 W Alexander Palm Road, Boca Raton, FL 33432?: Often, yes. The right offer on 248-260 W Alexander Palm Road, Boca Raton, FL 33432 depends on how it's priced against comparable single family sales in Boca Raton, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Douglas Elliman

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.

$24,900,000

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Listed by Kelly H Brooks, Douglas Elliman

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Recently sold homes in Royal Palm Yacht & Country Club

These are the last 6 recorded closings in Royal Palm Yacht & Country Club, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,538 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.