Immerse yourself in unparalleled luxury with this extraordinary furnished waterfront estate by SRD Building Corp. Spanning over 11,400 square feet of refined living space, this six-bedroom, eight full and two half-bathroom home is on 166 feet of deep-water frontage, offering a yacht-ready dock and southern exposure. A stunning waterfall wall fountain sets the tone as you enter the dual-entrance motor court driveway. The first-floor owner's wing is a private sanctuary with His & Her spa-like bathrooms, a dedicated wellness/gym with a full spa bath and steam shower, and a tranquil sitting room. For car enthusiasts, showroom-style garages with glass walls provide a striking display for your collection enjoyed from the private study. Designed by P&H Interiors for grand-scale entertaining, the sleek clubroom features a bar, billiards area, and a glass-enclosed wine room. The chef's kitchen, outfitted with premium appliances and a spacious eat-in dining area, ensures a culinary experience to match the home's sophistication. Outdoors, the resort-grade backyard is an expansive private oasis boasting a pool, spa, turf yards, and a tremendous covered terrace, perfectly oriented to capture the sun-soaked southern exposure. Cutting-edge Crestron smart-home technology and advanced security systems ensure effortless living at the highest level of convenience and safety. This exceptional residence is a rare opportunity to own a true masterpiece of modern luxury.
Single-familyProperty Type
2022Year Built
0.61 acresLot Size
$2,146Est. Price/Sq.Ft.
5 car garageParking
Listed by David Roberts• Royal Palm Properties LLC
Bought with David Roberts• Royal Palm Properties LLC
Brand New Waterfront Signature Estate built by SRD Building Corp. This exceptional property is located on a premier corner lot within Boca Raton's most prestigious community, Royal Palm Yacht & Country Club. The home is over 11,400 sf of living space and has 6 bedrooms, 8 full and 2 half bathrooms, and a 5 car garage with large gated motorcourt. South exposure with 166' of waterfrontage, fully integrated Crestron smart-home system, full house natural gas generator, and exceptional quality and craftsmanship align with every detail throughout this home. Buyer to pay documentary stamp taxes on the deed and title insurance.
Beaches MLS #R10657941
Dec 22, 2020
Sold
$9,425,000
$822/sq ft
Sep 23, 2020
Listed
$9,975,000
$870/sq ft
Sep 23, 2020
Listing Removed
—
Beaches MLS #R10501129
Jul 2, 2019
Listing Removed
—
Feb 1, 2019
Listed
$9,975,000
$870/sq ft
Beaches MLS #R10469027
Jan 10, 2019
Listing Removed
—
Oct 3, 2018
Listed
$9,975,000
$870/sq ft
Beaches MLS #R2512989
Dec 22, 2006
Sold
$7,500,000
$654/sq ft
Nov 17, 2006
Listing Removed
—
Feb 22, 2005
Listed
$8,750,000
$763/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$301,292 (−7.0%)
$6,621,437 + $11,077,440
$17,698,877
2024
$323,955 (+4.2%)
$6,621,437 + $12,390,786
$19,012,223
2023
$310,818 (+249.3%)
$6,621,437 + $12,390,786
$19,012,223
2022
$88,976
$5,066,875
Tax history for 298 W Key Palm Rd
Year
Property tax
Land + Additions
Assessment*
2025
$301,292 (−7.0%)
$6,621,437 + $11,077,440
$17,698,877
2024
$323,955 (+4.2%)
$6,621,437 + $12,390,786
$19,012,223
2023
$310,818 (+249.3%)
$6,621,437 + $12,390,786
$19,012,223
2022
$88,976
$5,066,875
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
9
Stories
2
Lot width
167 ft.
Lot depth
—
Lot size
0.61 Acres
Year renovated
2022
Sq. Ft.
11,468
Year built
2022
Style
Single Family Residential
County
Palm Beach County
APN
06434729100030140
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 28, 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
Property details
Parking
Parking Information
Has Garage
Garage Spaces: 5
Attached Garage: Yes
Covered Spaces: 5
Parking Features: Circular Driveway, Garage Door Opener, Garage, Attached Garage
Interior
Virtual Tour Information
Bathroom Information
Bathrooms Full: 8
Bathrooms Half: 2
Bathrooms Total Integer: 10
Main Level Bathrooms: 6
Bedroom Information
Main Level Bedrooms: 2
Interior Features
Interior Features: Built-in Features, Entrance Foyer, High Ceilings, Kitchen Island, Wet Bar, Walk-In Closet(s), Upstairs Living Area, Cabana Bath
Appliances: Dishwasher, Gas Range, Refrigerator
Furnished: Furnished
Flooring: Wood
Laundry Features: Inside
Exterior
Building Information
Stories Total: 2
Building Area Total: 15,813
Building Area Source: Builder
Construction Materials: CBS, Second/Third Floor Concrete
Exterior Features
Patio And Porch Features: Patio - Covered, Patio
Entry Location: Entry Level Living Area Y
Pool Information
Has Private Pool
Pool Features: In Ground
Property Information
Property Sub Type: Single Family Residence
Levels: Multi/Split
Property Condition: Resale
Security Features: Security Patrol
Living Area: 11,471
Road Frontage Type: East of US-1
Lot Information
Lot Size Dimensions: 88'x199'x166'x175'
Lot Features: Corner Lot
Waterfront YN: Yes
Waterfront Features: Ocean Access
Financial
Tax Information
Tax Annual Amount: $301,292
Tax Year: 2025
Parcel Number: 06434729100030140
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Natural Gas Available, Sewer Available, Water Available
Heating & Cooling
Has Heating
Heating: Central, Zoned
Has Cooling
Cooling: Central Air, Zoned
Location
Multi-Family Financial Information
Pets Allowed: Yes, No Restrictions
HOA Information
Has Association
Association Amenities: None
Association & Fees: HOA Amt (Monthly): 345.83
Association Fee Payment Frequency: Monthly
Association Fee Includes: Common Areas
School Information
Elementary School: Boca Raton
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Location Information
Direction Faces: North
Directions: Royal Palm Yacht & Country Club
Public facts
Beds: 6
Baths: 9.0
Sq. Ft.: 11,468
Stories: 2.0
Lot Size: 0.61 acres
Style: Single Family Residential
Year Built: 2022
Year Renovated: 2022
County: Palm Beach County
APN: 06434729100030140
Home facts updated by county records on Sep 28, 2026
Around this home
Schools
Boca Raton Elementary School
Public PreK-5 • Assigned • 1.7mi
7/10
Boca Raton Community Middle School
Public 6-8 • Assigned • 3.0mi
8/10
Boca Raton Community High School
Public 9-12 • Assigned • 3.6mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 10-16% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 106° expected this year, 26 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
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79
67
81
73
86
77
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90
80
91
79
88
77
84
76
81
70
78
67
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.3 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$23.38M – $28.31M
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