For sale

$24,900,000

Est. $181,660/mo —

•

6,524

sq ft

248-260 W Alexander Palm Rd, Boca Raton, FL 33432

About this home

An extraordinary opportunity to own a double lot in Royal Palm Yacht & Country Club, Boca Raton's premier luxury community. Located along the Royal Palm Waterway between the Hillsboro River and the Intracoastal Waterway, 248 and 260 W. Alexander Palm Road are offered together and encompass approximately 30,000 square feet of land with an impressive 200 feet of waterfrontage and desirable southern exposure in the rear. The existing residence, built in 2000, offers 6,524 square feet under air, six bedrooms, six-and-a-half bathrooms, a private office, and a three-car garage. Enjoy the existing home or explore the possibilities of creating a custom waterfront estate on this exceptional double lot. A rare offering in one of South Florida's most coveted communities.

Single-familyProperty Type

2000Year Built

0.69 acresLot Size

$3,817Price/Sq.Ft.

$757/moHOA Dues

3 car garageParking

Listed by Exclusive Group Brooks • Douglas Elliman

Listed by Exclusive Group Malinosky • Douglas Elliman

Listing updated: Oct 19, 2026 at 10:03am

Redfin checked: 3 minutes ago

•Source:Beaches MLS #B26089279

Payment calculator

$181,660 per month

Principal and interest$135,890

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN WED, 12PM TO 2PM
$215,000
2 beds2 baths970 sq ft
5599 Courtyard Dr, Margate, FL 33063
$570 HOA • Parking • Community pool
OPEN WED, 5:30PM TO 6:30PM
$699,999
4 beds2 baths2,497 sq ft
80 W Palm Dr, Margate, FL 33063
0.28 acre lot • 2 garage spots • Pool
OPEN SAT, 11AM TO 2PM3D WALKTHROUGH
$1,225,000
4 beds3.5 baths2,539 sq ft
4720 Bayview Dr, Fort Lauderdale, FL 33308
8,716 sq ft lot • Garage • Pool
(954) 477-7332
OPEN SAT, 11AM TO 3PM
$399,999
2 beds1.5 baths1,164 sq ft
6735 NW 62nd St, Tamarac, FL 33321
4,928 sq ft lot • 2 parking spots • Community pool
(305) 303-7399
OPEN SAT, 11AM TO 1PM
$517,995
3 beds2 baths1,351 sq ft
30 NE 48th Ct, Oakland Park, FL 33334
5,500 sq ft lot • Parking • Built 1959
(305) 851-2820
OPEN SAT, 11AM TO 2PM
$520,000
3 beds2 baths1,524 sq ft
9665 SW 1st Pl, Boca Raton, FL 33428
5,990 sq ft lot • Garage • Built 1974
OPEN SAT, 12PM TO 2PMVIDEO TOUR
$849,000
3 beds2 baths1,464 sq ft
5722 Aspen Ridge Cir, Delray Beach, FL 33484
0.24 acre lot • 2 garage spots • Pool
(954) 477-7332
OPEN SAT, 1PM TO 4PM
$6,999,000
5 beds4.5 baths4,459 sq ft
975 Dogwood Dr, Delray Beach, FL 33483
0.4 acre lot • 3 garage spots • Pool
OPEN SAT, 1PM TO 4PM3D & VIDEO TOUR
$4,875,000
3 beds4.5 baths3,459 sq ft
160 Andrews Ave Unit 3c, Delray Beach, FL 33483
$1,642 HOA • 2 garage spots • Pool
REDFIN OPEN NOV 14, 11AM TO 2PM3D WALKTHROUGH
$600,000
1 bed1.5 baths1,015 sq ft
1000 Lowry St Unit 6H, Delray Beach, FL 33483
$1,366 HOA • Parking • Community pool

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Around this home

Schools

K - 12
Preschool & daycare

Boca Raton Elementary School

Public PreK-5 • Assigned • 1.9mi

7/10

Boca Raton Community Middle School

Public 6-8 • Assigned • 3.2mi

7/10

Boca Raton Community High School

Public 9-12 • Assigned • 3.7mi

6/10

Provided by GreatSchools

About Royal Palm Yacht & Country

Club

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

248-260 W Alexander Palm Rd · $24,900,000

DAYS ON MARKET

The average home goes pending in 72 days.

SALE-TO-LIST

Most homes are selling 4% below list price.

LIST PRICE

Median list price in this area is $749,000. (97% lower than this home)

PRICE DROP

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
Walk-in closets
Split-bedroom layout
Gas fireplace
Unfurnished

Bedrooms
2 bedrooms on the main level

Bathrooms
6 full bathrooms
1 half bathroom
4 bathrooms on the main level

Kitchen
Kitchen island
Disposal
Dishwasher
Gas range
Refrigerator
Freezer

Laundry & utility
Laundry room on the main level

Flooring
Carpet
Marble

Heating & cooling
Central heating
Central air conditioning

Sale and tax history for 248-260 W Alexander Palm Rd

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

100 ft.

Lot depth

—

Lot size

0.34 Acres

Year renovated

1991

Finished Sq. Ft.

3,143

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,143

Year built

1961

Style

Single Family Residential

County

Palm Beach County

APN

06434729100010120

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 25, 2023.

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

4/10 Flood Factor

Estimated 16-24% 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, 20 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

87/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.8 hrs

8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 248-260 W Alexander Palm Rd

$22,309,661

$2.6M under list price of $24.9M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $2.8M to $14.5M.

SOLD JUN 26, 2026
$7,700,000 Last sold price
5 beds6.5 baths6,159 sq ft
2391 Areca Palm Rd, Boca Raton, FL 33432
$2567/sq ft
smaller lot
21 years newer
SOLD JUL 8, 2026
$14,500,000 Last sold price
4 beds3 baths4,318 sq ft
432 E Alexander Palm Rd, Boca Raton, FL 33432
$459/sq ft
smaller lot
40 years older
SOLD JUL 10, 2026
$2,800,000 Last sold price
5 beds5 baths3,568 sq ft
2401 Banyan Rd, Boca Raton, FL 33432
$3032/sq ft
smaller lot
30 years older
SOLD JUN 18, 2026
2930 Cadiz Rd, Boca Raton, FL 33432
$5,650,000 Last sold price
5 beds5.5 baths5,576 sq ft
2930 Cadiz Rd, Boca Raton, FL 33432
$2804/sq ft
smaller lot
26 years newer
SOLD MAY 7, 2026
$8,400,000 Last sold price
5 beds7.5 baths6,365 sq ft
377 E Coconut Palm Rd, Boca Raton, FL 33432
$2497/sq ft
smaller lot
4 years older
SOLD DEC 30, 2025
$9,200,000 Last sold price
3 beds3 baths2,328 sq ft
368 S Maya Palm Dr, Boca Raton, FL 33432
$135/sq ft
smaller lot
39 years older

Rental earnings

Est. $8,602 per month, based on comparable rentals

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(214) 225-2502

Early Access listings

EARLY ACCESSCOMPASS COMING SOON

$415,000

2 beds2 baths1,095 sq ft

7 Royal Palm Way #507, Boca Raton, FL 33432

EARLY ACCESSCOMPASS COMING SOON

$1,295,000

2 beds2 baths2,350 sq ft

4740 S Ocean Blvd #1408, Highland Beach, FL 33487

EARLY ACCESSCOMPASS COMING SOON

$1,024,000

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5047 Kensington Cir, Coral Springs, FL 33076

EARLY ACCESSCOMPASS COMING SOON

$1,099,000

2 beds3 baths1,450 sq ft

900 Biscayne Blvd #4708, Miami, FL 33132

EARLY ACCESSCOMPASS COMING SOON

$584,999

3 beds3 baths2,417 sq ft

6441 3 Lakes Ln, Boynton Beach, FL 33437

EARLY ACCESSCOMPASS COMING SOON

$2,450,000

5 beds6 baths5,693 sq ft

5045 SW 67th Ave, Miami, FL 33155

Nearby similar homes

$670,000

2 beds2 baths1,386 sq ft

1104 SE 14th St, Deerfield Beach, FL 33441

Reimagined kitchen • Open-concept layout • Florida room

3D WALKTHROUGH

$17,750,000

6 beds6 baths6,954 sq ft

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Waterfront estate • Southern exposure • Sweeping canal views

3D WALKTHROUGH

$1,500,000

4 beds2.5 baths2,358 sq ft

840 SW 21st St, Boca Raton, FL 33486

Updated pool home • Dedicated office • Vaulted ceilings

$4,600,000

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Private elevator • Chef kitchen • 8,790 sq ft lot

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3D WALKTHROUGH

$618,800

2 beds2 baths1,773 sq ft

1109 SE 10th St, Deerfield Beach, FL 33441

2018 roof • Tile floors • Laminate flooring

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3D WALKTHROUGH

$6,350,000

4 beds3.5 baths3,648 sq ft

2212 Acorn Palm Rd, Boca Raton, FL 33432

Dramatic great room • Private office • Spa-inspired bath

New listings for sale in 33432

COMING SOON

$7,750,000

3 beds3.5 baths4,900 sq ft

400 S Ocean Blvd Unit R-26, Boca Raton, FL 33432

Private pool • Wraparound terrace • Gourmet kitchen

EARLY ACCESSCOMPASS COMING SOON

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2 beds2 baths1,095 sq ft

7 Royal Palm Way #507, Boca Raton, FL 33432

Updated kitchen • Impact windows • Updated amenities

NEW 18 HRS AGO3D WALKTHROUGH

$1,600,000

2 beds2 baths1,425 sq ft

2800 S Ocean Blvd Unit 16H, Boca Raton, FL 33432

Private balcony • Impact windows • Bosch ac system

EARLY ACCESSCOMPASS COMING SOON

$1,000,000

2 beds2 baths1,279 sq ft

500 S Ocean Blvd #1709, Boca Raton, FL 33432

17th floor • Atlantic ocean • Lake boca

3D WALKTHROUGH

$23,000,000

5 beds7.5 baths7,828 sq ft

510 E Alexander Palm Rd, Boca Raton, FL 33432

Custom heated pool • Covered terrace • Gourmet kitchen

EARLY ACCESSCOMPASS COMING SOON

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3D WALKTHROUGH

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Spacious balcony • Open kitchen • Tile backsplash

3D WALKTHROUGH

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200 SE Mizner Blvd #503, Boca Raton, FL 33432

Gourmet kitchen • Wine cooler • Covered terrace

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Original condition • Convenient location • $300 HOA

Details provided by Beaches MLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Interested in buying?

Around this home

Schools

Market insights

Property details

Sale and tax history for 248-260 W Alexander Palm Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 248-260 W Alexander Palm Rd

Early Access listings

Nearby similar homes

New listings for sale in 33432

More real estate resources