$9,995,000

485 Royal Palm Way Boca Raton, FL 33432

Land

Property details

About 485 Royal Palm Way

485 Royal Palm Way is an exceptional opportunity located within the prestigious Royal Palm Yacht & Country Club. This lot and a half offers multiple fairway views and spans nearly half an acre--an ideal lot to build your dream home in Boca Raton's most sought-after community. A rare offering you won't want to miss!

Highlights

StatusActive
MLS #RX-11084911
ViewGarden, Golf Course

Virtual tour

Summary

  • View: Garden, Golf Course
  • List Price: $9,995,000
  • HOA Amount: $473
  • HOA Frequency: Monthly
  • Annual Tax Amount: $28,915
  • Tax Year: 2023
  • Lot: Near Golf Course
  • Directions: Royal Palm Yacht & Country Club
  • MLS Number: RX-11084911
  • 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: 5/1/2025, 11:21:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

caption unavailable

$9,995,000

485 Royal Palm Way

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 07, 2024
Home Sold
$7,500,000
Mar 21, 2024
Home Sold
$7,000,000
Apr 15, 1999
Home Sold
$1,690,000

Tax history

YearAssessmentProperty Tax
2023$1,705,653$28,915
2022$1,655,974$28,703
2021$1,607,742$28,703
2020$1,585,544$28,623
2019$1,549,896$28,372
2018$1,513,278$26,455
2017$1,482,153$26,311

History based on county public records data.

Nearby schools

4

Deerfield Beach Elementary School

Public District KG-5

1.1 mi

650 NE 1st St

5

Boca Raton Elementary School

Public Magnet KG-5

1.3 mi

103 SW 1st Ave

9

Somerset Academy Boca East

Public Charter KG-5

1.4 mi

333 SW 4th 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. The most common annual income of people living in Boca Raton, FL is $200k+. The majority of families are married, no kids. Residents of this area typically 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

Similar homes for sale

Frequently asked questions

About 485 Royal Palm Way

The listing price of 485 Royal Palm Way property is $9,995,000.

The property 485 Royal Palm Way is land located in Boca Raton, Florida, 33432.

Active Listing: 485 Royal Palm Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 485 Royal Palm Way are: Deerfield Beach Elementary School (GreatSchools Rating 4/10), Boca Raton Elementary School (GreatSchools Rating 5/10), Somerset Academy Boca East (GreatSchools Rating 9/10), Somerset Academy Boca Middle School (GreatSchools Rating 9/10), Deerfield Beach Middle School (GreatSchools Rating 4/10), Somerset Academy Key Middle School (GreatSchools Rating 4/10), Somerset Academy Key Charter High School (GreatSchools Rating 4/10), A.D. Henderson University School & Fau High School (GreatSchools Rating 10/10), Boca Raton Community High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $28,915 (source: MLS/based on county public records data).

The last sale was on June 7, 2024 for $7,500,000 (source: MLS/tax record).

This home is located at 485 Royal Palm Way in Boca Raton, FL and zip code 33432 in the Royal Palm Yacht & Country Club neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $9,995,000.

While more than 21 listings in Boca Raton, FL in March 2025 were sold above asking price, there were more than 30 listings sold at asking price, and more than 253 were sold below. The number of homes for sale in Boca Raton, FL increased by 11.5% between February and March 2025. While the average time on the market in March 2025 was 74 days, the median list price was $636,724.

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

More resources