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248 W Alexander Palm Road, Boca Raton, FL 33432
Active
24 Days on Market
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How this price compares

List price
$13,900,000
Price per sq ft
$2,131
Vs. nearby sales
38.6% above
Days on market
24

This 6-bedroom single-family home in Royal Palm Yacht & Country Club is listed at $13,900,000, or $2,131 per square foot. It has been on the market for 24 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 38.6% above what comparable homes here actually sold for.

6
Bedrooms
7
Bathrooms
6,524
Living Sq Ft
2000
Year Built

Estimated monthly payment

$73,050 /mo

Principal and interest only, based on $2,780,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$13,900,000
Days on Site
24 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
0.34 Acres
Year Built
2000
Property Type
Single Family
MLS #
B26089282
Property Tax
$228,911 (2025)
HOA Fees
$4,540 / Annually
Subdivision
ROYAL PALM YACHT & COUNTRY CLUB
Development
Royal Palm Yacht & Country Club
County
Palm Beach
Status
Active
Special Conditions
Standard

About This Property

Located in the prestigious Royal Palm Yacht & Country Club, 248 W. Alexander Palm Road is an exceptional waterfront residence featuring 100 feet of waterfrontage and desirable southern exposure in the rear. Built in 2000, the home offers 6,524 square feet under air, with six bedrooms, six-and-a-half bathrooms, a private office, and a three-car garage. The thoughtfully designed floor plan features a first-floor primary suite, marble floors throughout, and detailed ceilings. The kitchen is equipped with top-of-the-line appliances, while natural gas and underground utilities add to the home's appeal. A private dock with a jet ski lift completes this outstanding waterfront offering.

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)
0.34
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 / Gas Range / Oven / Refrigerator / Wine Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Carpet / Marble
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
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
Lot Features
Quarter To Half Acre Lot
Waterfront
Yes
Waterfront Features
Canal Access / Canal Front / No Fixed Bridges / Ocean Access
Frontage
Waterfront
Frontage Length
100.00 ft
View
Canal / Garden / Pool / Preserve / Water

Community & HOA

HOA Fee
$4,540 / 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

Schools

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

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 →
How do I schedule a tour of 248 W Alexander Palm Road, Boca Raton, FL 33432?
Use the Tour button on this listing to request a showing of 248 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 W Alexander Palm Road, Boca Raton, FL 33432 still available?
248 W Alexander Palm Road, Boca Raton, FL 33432 is currently listed as Active, and has been on the market 24 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 W Alexander Palm Road, Boca Raton, FL 33432?
With 20% down ($2,780,000) on the $13,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 248 W Alexander Palm Road, Boca Raton, FL 33432 is about $73,050/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 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 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 W Alexander Palm Road, Boca Raton, FL 33432 have an HOA fee?
Yes: 248 W Alexander Palm Road, Boca Raton, FL 33432 carries an HOA fee of about $4,540 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 W Alexander Palm Road, Boca Raton, FL 33432?
248 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 W Alexander Palm Road, Boca Raton, FL 33432?
Often, yes. The right offer on 248 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.

$13,900,000

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Listed by Kelly H Brooks, Douglas Elliman

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