298 W Key Palm Rd Boca Raton, FL 33432

$25,500,000
6 beds
8 full, 2 partial
11,471 sqft
$2,223 / sqft
House

Property details

About 298 W Key Palm Rd

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.

Highlights

Home typeSingle Family Residence
HeatingCentral, Zoned
StatusActive
CoolingCentral Air, Zoned
Size11,471 sqft
Year built2022
Parking2+ Spaces, Drive - Circular, Driveway, Garage - Attached
MLS #RX-11037462
Attached garage5 spaces
WaterfrontCanal, Ocean Access
ViewCanal, Garden, Pool
Private poolYes

Virtual tour

Summary

  • MLS Number: RX-11037462
  • Office Name: Royal Palm Properties LLC
  • Office Phone: (561) 368-6200
  • Listing Agent: David W Roberts
  • Agent Phone: (561) 368-6200

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/19/2025, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$25,500,000

298 W Key Palm Rd

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Price information

Property sales

DateEventPrice
Apr 16, 2021
Home Sold
$5,275,000
Jan 14, 2021
Home Sold
$9,425,000
Jun 14, 2011
Home Sold
$7,200,000
Dec 29, 2006
Home Sold
$7,350,000

Tax history

YearAssessmentProperty Tax
2020$7,807,223$140,573
2019$7,631,694$141,394
2018$7,489,395$132,563
2017$7,335,353$131,942

History based on county public records data.

Nearby schools

5

Deerfield Beach Elementary School

Public District KG-5

0.7 mi

650 NE 1st St

9

Somerset Academy Boca East

Public Charter KG-5

1.7 mi

333 SW 4th Ave

5

Boca Raton Elementary School

Public Magnet KG-5

1.7 mi

103 SW 1st Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $285,817. Most Boca Raton, FL residents have annual incomes $200k+. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

8%
<35k
6%
35k-100k
25%
100k-200k
61%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

28%
Single, No Kids
3%
Single, with Kids
52%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
7%
18-34 yrs old
43%
35-64 yrs old
34%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Chico'sChico's
  • BloomingdalesBloomingdales
  • NordstromNordstrom

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • CadillacCadillac
  • LexusLexus
  • BMWBMW

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 298 W Key Palm Rd

This home is located at 298 W Key Palm Rd in Boca Raton, FL and zip code 33432 in the Royal Palm Yacht & Country Club neighborhood. This 11,471 square foot home was built in 2022. Features: 6 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $25,500,000.

In December 2024, from all listings sold in Boca Raton, FL there were more than 13 sold above asking price, over 199 sold below and more than 16 were sold right at the asked price. The inventory of homes for sale in Boca Raton, FL between November and December 2024 increased by 7.3%. The median list price of listings available in December 2024 was $636,331, while the average time on the real estate market was 70 days.

From Rocket Homes Real Estate and based on county public records data.

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