$21,000,000
Sold · February 27, 2026
298 W Key Palm Road
Boca Raton, FL 33432
ROYAL PALM YACHT & COUNTRY CLUB SUB
Explore the area: Boca Raton homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $21,000,000
- Vs. list price
- 14.3% under
- Days on market
- 454
- Price per sq ft
- $1,831
This 6-bedroom single-family home in ZIP 33432 sold for $21,000,000 on February 27, 2026. That was 14.3% below its final list price of $24,500,000. It first came on the market at $25,500,000, so the price was adjusted before it sold. It spent 454 days on the market. At $1,831 per square foot, it closed 272.2% above the $492 median of the 3 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $21,000,000
- Sold On
- February 27, 2026
- Days on Site
- 454 Days
- Bedrooms
- 6
- Total Baths
- 10
- Full Baths
- 8
- Partial Baths
- 2
- Living Area
- 11,471 sqft
- Total Sq Ft
- 15,813 sqft
- Lot Size
- 0.61 Acres
- Year Built
- 2022
- Property Type
- Single Family
- MLS #
- R11037462
- Property Tax
- $301,292 (2025)
- HOA Fees
- $346 / Monthly
- Subdivision
- ROYAL PALM YACHT & COUNTRY CLUB SUB
- County
- Palm Beach
- Status
- Sold
About This Property
Immerse yourself in unparalleled luxury with this extraordinary furnished waterfront estate by SRD Building Corp. Spanning over 11,400 square feet of refined living space, this six-bedroom, eight full and two half-bathroom home is on 166 feet of deep-water frontage, offering a yacht-ready dock and southern exposure. A stunning waterfall wall fountain sets the tone as you enter the dual-entrance motor court driveway. The first-floor owner's wing is a private sanctuary with His & Her spa-like bathrooms, a dedicated wellness/gym with a full spa bath and steam shower, and a tranquil sitting room. For car enthusiasts, showroom-style garages with glass walls provide a striking display for your collection enjoyed from the private study. Designed by P&H Interiors for grand-scale entertaining, the sleek clubroom features a bar, billiards area, and a glass-enclosed wine room. The chef's kitchen, outfitted with premium appliances and a spacious eat-in dining area, ensures a culinary experience to match the home's sophistication. Outdoors, the resort-grade backyard is an expansive private oasis boasting a pool, spa, turf yards, and a tremendous covered terrace, perfectly oriented to capture the sun-soaked southern exposure. Cutting-edge Crestron smart-home technology and advanced security systems ensure effortless living at the highest level of convenience and safety. This exceptional residence is a rare opportunity to own a true masterpiece of modern luxury.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2022
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Multi Split / Two
- Garage Spaces
- 5
- Attached Garage
- Yes
- Parking
- Attached / Circular Driveway / Garage / Garage Door Opener
- Direction Faces
- North
- Lot Size (Acres)
- 0.61
- Living Sq Ft
- 11,471
- Total Sq Ft
- 15,813
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R1A(ci
Interior Features
- Appliances
- Dryer / Dishwasher / Free Standing Freezer / Gas Range / Ice Maker / Oven / Refrigerator / Washer
- Cooling
- Central Air / Zoned
- Heating
- Central / Zoned
- Flooring
- Wood
- Interior Features
- Wet Bar / Built In Features / Breakfast Area / Bathtub / Central Vacuum / Dining Area / Separate Formal Dining Room / Entrance Foyer / Elevator / High Ceilings / Kitchen Island / Main Level Primary / Multiple En Suite Bathrooms / Pantry / Sitting Area In Primary / Soaking Tub / Separate Shower / Bar / Walk In Closets
- Laundry
- Inside
- Main Level Bedrooms
- 2
- Main Level Baths
- 6
- Furnished
- Furnished
Exterior Features
- Construction
- Block / Concrete
- Exterior Features
- Built In Barbecue / Balcony / Barbecue / Outdoor Kitchen / Outdoor Living Area / Outdoor Shower
- Architectural Style
- Colonial
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Covered / Open / Patio / Balcony
- Lot Features
- Corner Lot / Sprinklers Automatic
- Waterfront
- Yes
- Waterfront Features
- Canal Front / Ocean Access
- View
- Canal / Garden / Pool
Community & HOA
- HOA Fee
- $346 / Monthly
- HOA Includes
- Common Areas
- Association Amenities
- None
- Community Features
- Home Owners Association
- Security
- Security Guard
- Utilities
- Natural Gas Available / Sewer Available / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / No Corporate Buyer / Rental Restriction
- MLS Area
- 4190
Schools
- Elementary School
- Boca Raton
- Middle School
- Boca Raton Community
- High School
- Boca Raton
About the Area
Boca Raton homes for sale include everything from mid-$300K Intracoastal condos to $8,000,000+ estate homes inside the same gated address. Boca West, Broken Sound, and Woodfield Country Club start around $400K for condos; their estate homes reach $8,000,000 and higher. East Boca townhomes along the Intracoastal start in the mid-$300Ks. The city has 44 miles of navigable canals and a barrier island coastline. Boca Raton Community High and Spanish River Community High are each rated 8/10 on GreatSchools (2025). Well-priced homes get multiple offers within 10 days. ListSellFL works with buyers and sellers across 28+ Boca communities.
- Homes for Sale
- 1,672
- Under Contract
- 554
- Median List Price
- $565,000
- Median Sale Price (September)
- $702,000
- Median $/Sq Ft
- $354
- Avg Days on Market
- 111
Frequently Asked Questions
- How do I schedule a tour of 298 W Key Palm Road, Boca Raton, FL 33432?
- Use the Tour button on this listing to request a showing of 298 W Key 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 298 W Key Palm Road, Boca Raton, FL 33432 still available?
- 298 W Key Palm Road, Boca Raton, FL 33432 is currently listed as Sold, and has been on the market 454 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 298 W Key Palm Road, Boca Raton, FL 33432?
- With 20% down ($4,900,000) on the $24,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 298 W Key Palm Road, Boca Raton, FL 33432 is about $128,758/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 298 W Key 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 298 W Key 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 298 W Key Palm Road, Boca Raton, FL 33432 have an HOA fee?
- Yes: 298 W Key Palm Road, Boca Raton, FL 33432 carries an HOA fee of about $346 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 298 W Key Palm Road, Boca Raton, FL 33432?
- 298 W Key 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 298 W Key Palm Road, Boca Raton, FL 33432?
- Often, yes. The right offer on 298 W Key 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 Royal Palm Properties LLC
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 July 1, 2026.
$21,000,000
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Listed by David W Roberts, Royal Palm Properties LLC
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Recent Sales
Recently sold homes in ZIP 33432
These are the last 6 recorded closings in ZIP 33432, with the price each home actually sold for rather than what it was listed at. They closed at a median of $492 per square foot. The most recent closed on October 15, 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.
Sold$2,100,000
Sold · October 15, 2026
275 NE 4TH Street
0 bed · 0 bath
$250,000 under the asking price
Sold$2,100,000
Sold · October 15, 2026
423 NE 3rd Street
0 bed · 0 bath
$200,000 under the asking price
Sold$159,777
Sold · October 15, 2026
450 SW 2ND Avenue 205
2 bed · 1 bath · 800 sqft · $200/sqft
Sold$1,200,000
Sold · October 15, 2026
545 NW 7th Street
3 bed · 2 bath · 1,551 sqft · $774/sqft
Sold$810,000
Sold · October 9, 2026
277 NW 3rd Court
4 bed · 3 bath · 1,648 sqft · $492/sqft
$15,000 under the asking price
Sold$590,000
Sold · October 9, 2026
201 Del Rio Boulevard
3 bed · 2 bath · 1,559 sqft · $378/sqft
$49,000 under the asking price
See every recorded sale in ZIP 33432 or find out what your ZIP 33432 home is worth.
