$25,500,000

298 W Key Palm Rd Boca Raton, FL 33432

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

  • Partial Bathrooms: 2
  • Full Bathrooms: 8
  • Appliances: Automatic Garage Door Opener, Central Vacuum, Dishwasher, Dryer, Freezer, Whole Home Generator, Ice Maker, Gas Range, Refrigerator, Oven, Washer
  • Flooring Type: Tile, Wood Floor
  • Interior: Bar, Built-in Shelves, Elevator, Entry Lvl Lvng Area, Foyer, Kitchen Island, Pantry, Second/Third Floor Concrete, Upstairs Living Area, Volume Ceiling, Walk-in Closet, Wet Bar
  • Total Bedroom Count: 6
  • Garage Space: 5 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: 2+ Spaces, Drive - Circular, Driveway, Garage - Attached
  • Waterfront: Canal, Ocean Access
  • View: Canal, Garden, Pool
  • Exterior: Auto Sprinkler, Built-in Grill, Covered Balcony, Covered Patio, Open Balcony, Outdoor Shower, Summer Kitchen
  • Architectural Style: < 4 Floors, Contemporary
  • Heating: Central, Zoned
  • Cooling: Central Air, Zoned
  • List Price: $25,500,000
  • Price/SqFt: $2,223
  • HOA Amount: $315 Monthly
  • Lot: Corner Lot
  • Directions: Royal Palm Yacht & Country Club
  • Year Built: 2022
  • Stories: 2
  • Living Area: 11,471 SqFt
  • 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: 6/4/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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298 W Key Palm Rd, Boca Raton, FL 33432 - view of building exterior featuring a garage and driveway

$25,500,000

298 W Key Palm Rd

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Price information

Property sales

DateEventPrice
Jun 12, 2023
Home Sold
$22,600,000
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

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

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. Residents of Boca Raton, FL typically earn $200k+ each year. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

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

The listing price of 298 W Key Palm Rd property is $25,500,000.

The property 298 W Key Palm Rd is a house located in Boca Raton, Florida, 33432.

Active Listing: 298 W Key Palm Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 298 W Key Palm Rd are: Deerfield Beach Elementary School (GreatSchools Rating 4/10), Somerset Academy Boca East (GreatSchools Rating 9/10), Boca Raton Elementary School (GreatSchools Rating 5/10), Deerfield Beach Middle School (GreatSchools Rating 4/10), Somerset Academy Key Middle School (GreatSchools Rating 4/10), Somerset Academy Boca Middle School (GreatSchools Rating 9/10), Somerset Academy Key Charter High School (GreatSchools Rating 4/10), Deerfield Beach High School (GreatSchools Rating 3/10), Boca Raton Community High School (GreatSchools Rating 8/10).

The last sale was on June 12, 2023 for $22,600,000 (source: MLS/tax record).

The property at 298 W Key Palm Rd has 6 bedrooms and 8 full and 2 half bathrooms.

The property 298 W Key Palm Rd is 11,471 SqFt (source: MLS/tax record).

The year of construction for 298 W Key Palm Rd is 2022.

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.

Over 11 listings were sold over their listed price in May 2025 in Boca Raton, FL. In the same period over 269 listings were sold below the listed price and 42 listings were sold for the listed price. Between April and May 2025, Boca Raton, FL real estate market has seen increase in the number of listings by 4.8%. While the average time on the market in May 2025 was 72 days, the median list price was $635,111.

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

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