ROYAL PALM RESIDENCES,Royal Palm Residence

495 E Royal Palm Road # 502, Boca Raton FL 33432

4 beds · 4.5 baths · 3,406 ft²

Closed

$5,195,000

Est. Payment $27,650/mo

MLS Sheet Video

Bedrooms

4.5

Bathrooms

3,406

Sq. Ft.

2021

Year Built

Garage

Stories

154

Days on Market

Description

One of a kind, sky-terrace home, in the east tower at Royal Palm Residence. This east & south facing residence, features a 1,426 sq. ft., wrap-around terrace with pergola & has views of the Atlantic Ocean, intercoastal waterway, new Silver Palm Park & The Boca Raton Resort. Feel the breeze on the expansive sky-terrace and enjoy ocean & intracoastal views, without having to cross the intracoastal bridge. Spacious grand living room, kitchen & master bedroom with large walk-in closet. The unit includes several upgrades, as well as, luxurious Italian cabinetry and unique features including natural gas cooking, as well as a built-in Wolf gas barbecue grill on the terrace. This luxurious boutique building in downtown Boca, has only two units per floor, two assigned parking spaces per residence & two private elevator entrances into each home. Royal Palm Residences is tucked away in a quiet sanctuary with easy walkability to downtown Boca and the beach.

Facts

MLS#: R10908762
Subdivision: ROYAL PALM RESIDENCES,Royal Palm Residence
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2021
Lot Size: 50,094 ft²
Sq. Ft.: 3,406 ft²
Sq. Mt.: 316 m²
Price per sq. ft.: $1,525/ft²
Price per sq. mt.: $16,440/m²
Stories: 9
Garage: 2 spaces
Pool: —
Days on Market: 154 days
Listed: Aug 2, 2023
Last Updated: Jul 1, 2026
Price/Lot Sq.Ft.: $104/ft²

Market insights for Boca Raton

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/1/2026	Sold	$5,195,000
8/2/2023	Listed for sale	$5,195,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

495 E Royal Palm Road # 502, Boca Raton FL 33432Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Academy For Community Education (Ace)
9,10,11,12 · public · 0.5 mi
Achievers Academy High School
10,11,12 · private · 0.6 mi
Children's Village Montessori School & Daycare Center
PK,KG · private · 0.6 mi
Childrens Village Montessori
PK,KG · private · 0.6 mi
Horace Mann Middle School
6,7,8 · public · 0.6 mi
The French American School of Miami
PK,KG,1,2,3,4,5 · private · 0.6 mi
Bola Childcare Learning Center
2,3 · private · 0.6 mi
Miami Shores Community Church School
PK,TK,KG,1,2,3,4,5 · private · 0.7 mi
Primer - Miami Shores
KG,1,2,3,4,5,6,7,8 · oosle · 0.7 mi
Miami Shores Presbyterian Church School
PK,TK,KG,1,2,3,4,5 · private · 0.7 mi

Estimated Monthly Payment

$32,129/mo

Principal & Interest

$27,650

Property Tax

$4,329

Insurance

$150

HOA

Down Payment20% ($1,039,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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Updated 3 hours ago