A truly exceptional opportunity in Royal Palm Yacht & Country Club, 348 East Alexander Palm Road is a uniquely configured waterfront parcel directly across from Capone Island. Offering 116 feet of water frontage and nearly 17,000 square feet of land, the property features desirable southern exposure along the rear and beautiful Intracoastal Waterway views from the dock. Its distinctive configuration and substantial depth—approximately 85' x 186' x 116' x 158'—provide added flexibility for driveway space, outdoor living, and a custom estate design. For the avid boater, there is ample frontage to accommodate a boat with direct Intracoastal and ocean access. A rare opportunity to build your dream home in one of Boca Raton's most prestigious communities.
Vacant landProperty Type
0.39 acresLot Size
$41,012,821Price/Acres
$378/moHOA Dues
Listed by Exclusive Group Brooks• Douglas Elliman
Listed by Exclusive Group Malinosky• Douglas Elliman
Make a winning offer with the help of a local agent
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 • 3.8mi
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
Property details
Exterior
Finance
Exterior features
Cleared, oversized lot
Waterfront with ocean access and no fixed bridge
Paved road frontage
Home design
Unimproved land
Southeast-facing
Utilities
Public water and sewer
Cable, electricity, natural gas, and phone available
Irrigation water onsite
HOA & community
Royal Palm Improvement Association
Association fee includes security
Other
Residential single-family use
Site plan approved and recorded plat
Electricity and solar
View estimated energy costs and solar savings for this home
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
Jun 12, 2025 • Final
Demolition of a complete structure residential
Demolish a single-family home, pool, pool deck, and driveway.
Demolition
Jan 15, 2022 • Final
Trade permits - building
Demolish a single-family home.
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
5/10 Flood Factor
Estimated 17-25% 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
6 days above 106° expected this year, 22 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)
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67
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Feb
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Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 348 E Alexander Palm Rd
$15,373,028
$622K under list price of $16.0M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.1M to $14.5M.