$15,995,000
348 E 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
- $15,995,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- N/A
This lot in Royal Palm Yacht & Country Club is listed at $15,995,000.
Estimated monthly payment
$84,061 /mo
Principal and interest only, based on $3,199,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $15,995,000
- Days on Site
- 0 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.39 Acres
- Property Type
- Land
- MLS #
- B26086053
- Property Tax
- $116,448 (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
A truly exceptional opportunity in Royal Palm Yacht & Country Club, 348 East Alexander Palm Road is a uniquely configured waterfront parcel directly across from Capone Island. Offering 116 feet of water frontage and nearly 17,000 square feet of land, the property features desirable southern exposure along the rear and beautiful Intracoastal Waterway views from the dock. Its distinctive configuration and substantial depth—approximately 85' x 186' x 116' x 158'—provide added flexibility for driveway space, outdoor living, and a custom estate design. For the avid boater, there is ample frontage to accommodate a boat with direct Intracoastal and ocean access. A rare opportunity to build your dream home in one of Boca Raton's most prestigious communities.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Active
- Property Condition
- To Be Built
- Direction Faces
- Southeast
- Lot Size (Acres)
- 0.39
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R1A (city)
Exterior Features
- Lot Features
- Cleared / Oversized Lot / Quarter To Half Acre Lot / Subdivision
- Waterfront
- Yes
- Waterfront Features
- Canal Access / Canal Front / No Fixed Bridges / Ocean Access
- Frontage
- Waterfront
- Frontage Length
- 116.00 ft
- View
- Canal / Intercoastal / 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
- Utilities
- Cable Available / Electricity Available / Natural Gas Available / Phone Available / Sewer Available / Water Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 4190
This home's HOA fee works out to $378 a month, in line with the $378 median across 28 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
Features & Amenities
About the Community
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
- 28
- Under Contract
- 2
- Median List Price
- $16,950,000
- Median Sale Price (September)
- $7,850,000
- Median $/Sq Ft
- $2,096
- Avg Days on Market
- 208
Frequently Asked Questions
- How do I schedule a tour of 348 E Alexander Palm Road, Boca Raton, FL 33432?
- Use the Tour button on this listing to request a showing of 348 E 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 348 E Alexander Palm Road, Boca Raton, FL 33432 still available?
- 348 E Alexander Palm Road, Boca Raton, FL 33432 is currently listed as Active. 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 348 E Alexander Palm Road, Boca Raton, FL 33432?
- With 20% down ($3,199,000) on the $15,995,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 348 E Alexander Palm Road, Boca Raton, FL 33432 is about $84,061/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 348 E 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 348 E 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 348 E Alexander Palm Road, Boca Raton, FL 33432 have an HOA fee?
- Yes: 348 E 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 348 E Alexander Palm Road, Boca Raton, FL 33432?
- 348 E 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 348 E Alexander Palm Road, Boca Raton, FL 33432?
- Often, yes. The right offer on 348 E Alexander Palm Road, Boca Raton, FL 33432 depends on how it's priced against comparable land 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 October 9, 2026.
$15,995,000
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Listed by Kelly H Brooks, Douglas Elliman
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Recent Sales
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.
Sold$17,250,000
Sold · September 30, 2026
430 E Alexander Palm Road
0 bed · 0 bath
Sold$15,650,000
Sold · September 25, 2026
133 W Coconut Palm Road
6 bed · 9 bath · 8,439 sqft · $1,854/sqft
$1,100,000 under the asking price
Sold$13,150,000
Sold · September 25, 2026
217 Thatch Palm Drive
6 bed · 8 bath · 8,548 sqft · $1,538/sqft
$800,000 under the asking price
Sold$7,000,000
Sold · September 22, 2026
1877 Royal Palm Way
4 bed · 3.5 bath · 4,341 sqft · $1,613/sqft
$850,000 under the asking price
Sold$7,850,000
Sold · September 18, 2026
2424 Queen Palm Road
4 bed · 4.5 bath · 5,287 sqft · $1,485/sqft
Sold$6,350,000
Sold · September 11, 2026
293 Sabal Palm Terrace
5 bed · 7 bath · 5,961 sqft · $1,065/sqft
$750,000 under the asking price
See every recorded sale in Royal Palm Yacht & Country Club or find out what your Royal Palm Yacht & Country Club home is worth.
