Set along 100 feet of pristine waterfront in Royal Palm Yacht & Country Club, this spectacular residence is perfectly positioned across from the preserved natural sanctuary of Capone Island—an undeveloped mangrove island that provides enduring privacy, lush green vistas, and a rare sense of Zen. This serene oasis, offering a waterfront perspective defined by nature rather than neighboring homes. Masterfully constructed by Albanese Builders and exquisitely designed and furnished by BE Designs, the home reflects a level of craftsmanship and intention seldom achieved. Spanning 8,993.70 square feet under air and 11,633.04 total square feet, the residence is introduced by soaring ceilings and a grand, wide staircase that immediately establishes architectural presence. The fully concrete second level underscores the home's structural integrity and enduring quality. Seven bedrooms and nine-and-a-half baths are arranged with equal attention to scale and intimacy. A refined club room with custom bar and pool table transitions seamlessly into a glass-enclosed office, creating a dramatic yet functional environment. At the heart of the home, a double-island chef's kitchen is appointed with top-of-the-line Miele appliances and complemented by a discreet butler's pantry, designed for both elevated entertaining and everyday living. Two laundry rooms provide thoughtful convenience. Materiality defines the interiors. Italian porcelain accent walls, a striking marble fireplace, and decorative fireplaces throughout elevate the architectural language, while sculptural water features both at the entry and cascading beside the resort-style pool create a sense of movement and tranquility. An outdoor firepit anchors the exterior living spaces, while electric shades throughout the home ensure effortless comfort and privacy. The residence is further distinguished by bespoke furnishings from Covet House, curated to harmonize with the home's architecture and elevate each space. A four-car garage with a separate golf cart entry completes the offering. Rare in its setting, exceptional in its execution, and uncompromising in its finishes, this is a truly one-of-a-kind waterfront estate defined by serenity, sophistication, and architectural distinction. Square footage, room sizes, and dimensions are approximate and derived from builder plans, architectural drawings, or estimates. Actual measurements may differ due to construction variances. Buyers must verify all information, measurements, and specifications to their satisfaction.
Single-familyProperty Type
2025Year Built
0.34 acresLot Size
$2,391Price/Sq.Ft.
$345/moHOA Dues
4 car garageParking
Listed by Jacqueline Feldman• One Sotheby's International Realty
Royal Palm Yacht & Country Club, located between the Intracoastal Waterway and Mizner Park, is a gated and waterfront Boca Raton neighborhood with a private marina and palm-lined streets. The neighborhood’s character concentrates around the Royal Palm Yacht & Country Club marina basin, where dock lines, golf greens, and low-slung club buildings set a quiet, nautical rhythm. Mediterranean Revival estates and contemporary waterfront homes line deep canals with broad setbacks and manicured landscaping. The Royal Palm Yacht & Country Club clubhouse and golf course act as the central social and architectural anchors. A short drive east, the Boca Raton Museum of Art and Mizner Park Amphitheater add a polished cultural counterpoint. Nearby, Royal Palm Place supplies a walkable cluster of independent dining and boutiques.
Provided by Walk Score and Local Logic
Market insights
234 W Alexander Palm Rd · $21,500,000
DAYS ON MARKET
217 days
The average home goes pending in 71 days.
SALE-TO-LIST
96.3%
Most homes are selling 4% below list price.
LIST PRICE
$21,500,000
Median list price in this area is $668,663. (97% lower than this home)
PRICE DROP
2 price drops
18% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Entrance foyer
High ceilings
Kitchen island
Walk-in closets
Closet cabinetry
Cabana bath
Decorative fireplace
Storm windows
Furnished
Bedrooms
One bedroom on the main level
Bathrooms
9 full bathrooms
1 half bathroom
Kitchen
Dishwasher
Electric range
Gas range
Refrigerator
Laundry & utility
Laundry closet located inside
Flooring
Ceramic tile
Wood
Heating & cooling
Central heating
Central air conditioning
Exterior features
Covered patio
Patio
Private heated in-ground pool
In-ground spa
Ocean access with no fixed bridge
Lot dimensions approximately 100 x 150 x 100 x 150
Home design
Single family residence
New construction
Two stories
Entry level living area
Home faces west
Parking
Attached covered garage with 4 spaces
Security
Gated community with guard
Security patrol
Construction
CBS construction
Spanish tile roof
Builder-provided building area
Utilities
Public water
Public sewer
Sewer available
Water available
HOA & community
HOA with monthly fee (includes security)
Financial info
Pets allowed with no restrictions
Other
Association fees paid monthly
Electricity and solar
View estimated energy costs and solar savings for this home
This waterfront property renovated in 2006, located in Royal Palm Yacht & Country Club has 6 bedrooms, a first level Primary Suite with dual baths and wardrobes, 7.3 baths, with a resort-like backyard that overlooks Capone Island. This residence boasts a covered loggia, pool, and tiki hut with summer kitchen for the culinary connoisseur's delight. 6,223 Sqft under air, with a 4-bay garage, hurricane impact windows and doors throughout, and a natural gas full-house generator. This beautiful estate has marble and wood flooring throughout all main living areas, with custom moldings and ceiling details, a gourmet chefs kitchen, and a 100± foot dock. Royal Palm Yacht and Country Club membership is separate and not affiliated with RPIA homeownership. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no financial fees will be paid to a cooperating Broker on the Deposits retained by the Seller. No financial fees are paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2023 listing company All Rights Reserved. Royal Palm Yacht and Country Club membership is separate and not affiliated with RPIA homeownership.
Beaches MLS #R3207882
Apr 23, 2013
Listing Removed
—
Jun 29, 2011
Listed
$4,800,000
$534/sq ft
Public Records
Oct 21, 1993
Sold
$650,000
$72/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$112,739
$6,621,437
2024
$112,804 (+162.7%)
$6,621,437
2023
$42,938 (+0.7%)
$6,621,437
2022
$42,635 (+0.2%)
2021
$42,532 (+1.4%)
2020
$41,940 (−0.6%)
2019
$42,172 (+6.7%)
2018
$39,531 (+0.5%)
2017
$39,328 (−0.4%)
2016
$39,500 (−2.7%)
2015
$40,598 (−0.4%)
2014
$40,768 (+1.2%)
2013
$40,298 (+0.1%)
2012
$40,254 (+1.9%)
2011
$39,519
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
100 ft.
Lot depth
—
Lot size
0.34 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Palm Beach County
APN
06434729100010100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 14, 2026.
R1A
Single-Family Residential Districts
The purpose, intent and methods underlying the comprehensive zoning plan of the city are set forth in section 28-3, and the same are hereby declared applicable to this article and are herewith restated and reaffirmed and made part hereof. It is further declared the intent and purpose of this article to provide and protect suitable locations and good environments for a cross section of single-family housing types and accommodations including those for lower middle income groups, which are needed and marketable in the several single-family residential districts of this city, and to provide reasonable opportunity for owner occupancy of individual single-family residential units.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Wastewater treatment
Water cleansing
Storage
And conveyance
Recreation
Park & open space
Climate risks
5/10 Flood Factor
Estimated 17-25% chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
9/10 Heat Factor
6 days above 106° expected this year, 21 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Boca Raton, FL • 33432
Average low and high temperatures (°F)
74
61
76
63
79
67
81
73
86
77
88
79
89
79
91
80
89
78
84
76
81
70
78
67
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 234 W Alexander Palm Rd
$19,686,001
$1.8M under list price of $21.5M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $6.8M to $18.0M.