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$3,700,000

343 E Royal Palm Rd Boca Raton, FL 33432

Land

Property details

About 343 E Royal Palm Rd

Exceptional Development Opportunity located just moments from The Boca Raton Resort, Mizner Park, Royal Poinciana Plaza, and more. This prime lot is being offered with full architectural plans and stunning renderings for a 6-story, 4-unit luxury residential project. Each full-floor unit is designed at approximately 3,500 sq ft with 3 bedrooms and 3 bathrooms. The plans also feature premium amenities including a rooftop terrace with panoramic city views and covered garage parking. A rare turnkey offering for developers looking to build in one of Boca Raton's most prestigious and highly sought-after areas.

Highlights

StatusActive
MLS #RX-11102349

Virtual tour

Summary

  • List Price: $3,700,000
  • Annual Tax Amount: $24,023
  • Tax Year: 2023
  • Directions: From 95 - E on Palmetto, S on Mizner Blvd, E on Royal Palm Road
  • MLS Number: RX-11102349
  • Office Name: Compass Florida LLC
  • Office Phone: (561) 285-4283
  • Listing Agent: Mark C Barone
  • Agent Phone: (561) 235-6801

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: 7/21/2025, 1:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 25, 2022
Home Sold
$1,700,000
Feb 21, 2020
Home Sold
$900,000
Dec 01, 1999
Home Sold
$200,000

Tax history

YearAssessmentProperty Tax
2023$1,400,000$24,023
2022$1,106,550$15,725
2021$832,885$15,725
2020$533,379$15,521
2019$388,628$8,612
2018$353,298$7,587
2017$321,180$7,206

History based on county public records data.

Nearby schools

5

Boca Raton Elementary School

Public Magnet KG-5

0.5 mi

103 SW 1st Ave

9

Somerset Academy Boca East

Public Charter KG-5

0.9 mi

333 SW 4th Ave

5

J. C. Mitchell Elementary School

Public District KG-5

1.8 mi

2470 NW 5th 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 $108,418. The majority of Boca Raton, FL residents have income $200k+ annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

23%
<35k
25%
35k-100k
23%
100k-200k
29%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
2%
Single, with Kids
39%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
19%
18-34 yrs old
35%
35-64 yrs old
42%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Chico'sChico's
  • BloomingdalesBloomingdales
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • QdobaQdoba
  • ChipotleChipotle

What do the neighbors drive?

  • CadillacCadillac
  • LexusLexus
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Boca Raton, FL

Boca Raton features a well-developed transport network, with a variety of options including local bus services, a downtown shuttle, and access to the Tri-Rail commuter train connecting to the wider South Florida area. The city is also served by major highways like Interstate 95, facilitating travel to nearby cities and airports. While the city is car-dependent, certain areas, particularly around downtown, are more walkable, and there is a growing emphasis on improving bikeability.

The city is served by a number of public and private schools, offering a range of educational opportunities. Healthcare is readily accessible, with several hospitals and clinics providing a spectrum of services from emergency care to specialized treatments. Retail and dining options abound, with a focus on high-end shopping and gourmet cuisine that cater to the sophisticated local palate.

Boca Raton is celebrated for its affluent community and high quality of life. The city prides itself on its pristine beaches, well-kept parks, and exclusive golf courses. Cultural events and art festivals are integral to the community, reflecting the residents' appreciation for the finer things in life.

Boca Raton's housing market is diverse, with a mix of luxurious waterfront estates, golf course communities, and condominiums. Single-family homes are prevalent, reflecting Mediterranean and contemporary styles, while the condominiums offer a more urban living experience. The area has a high homeownership rate, with many properties featuring upscale amenities and tropical landscaping.

About 343 E Royal Palm Rd

The listing price of 343 E Royal Palm Rd property is $3,700,000.

The property 343 E Royal Palm Rd is land located in Boca Raton, Florida, 33432.

Active Listing: 343 E Royal Palm Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 343 E Royal Palm Rd are: Boca Raton Elementary School (GreatSchools Rating 5/10), Somerset Academy Boca East (GreatSchools Rating 9/10), J. C. Mitchell Elementary School (GreatSchools Rating 5/10), Somerset Academy Boca Middle School (GreatSchools Rating 9/10), Addison Mizner School (GreatSchools Rating 10/10), Boca Raton Community Middle School (GreatSchools Rating 7/10), A.D. Henderson University School & Fau High School (GreatSchools Rating 10/10), Boca Raton Community High School (GreatSchools Rating 8/10), Somerset Academy Key Charter High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $24,023 (source: MLS/based on county public records data).

The last sale was on March 25, 2022 for $1,700,000 (source: MLS/tax record).

This home is located at 343 E Royal Palm Rd in Boca Raton, FL and zip code 33432. Features: 0 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $3,700,000.

While more than 13 listings in Boca Raton, FL in June 2025 were sold above asking price, there were more than 31 listings sold at asking price, and more than 218 were sold below. In June 2025 in Boca Raton, FL there were 1.8% more homes for sale than in May. While the average time on the market in June 2025 was 72 days, the median list price was $626,693.

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

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