Introducing an exquisite Intracoastal Signature Estate by SRD Building Corp, nestled within Boca Raton's most prestigious community, the Royal Palm Yacht & Country Club. This premier property rests on an oversized lot and offers unparalleled luxury and sophistication. Its southeast exposure provides breathtaking views with 124 feet of water frontage, a private dock overlooking the serene Intracoastal waterway, and captivating Capone Island nature preserve. Designed for the modern homeowner, the residence features a fully integrated Crestron smart-home system, ensuring effortless control of daily living. The estate spans over 10,600 square feet and boasts 6 luxurious bedroom suites, an office with a showroom-style garage, fitness center, an entertainer's wing with a stunning designer bar and billiards, and a 6-car garage with a gated motor court for added privacy and security. Crafted with meticulous attention to detail, this home showcases exceptional quality, making it a true masterpiece of luxury waterfront living in Boca Raton's most exclusive community.
Single-familyProperty Type
2022Year Built
0.56 acresLot Size
$3,565Price/Sq.Ft.
$378/moHOA Dues
6 car garageParking
Listed by David Roberts• Royal Palm Properties LLC
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
372 E Alexander Palm Rd · $38,000,000
DAYS ON MARKET
504 days
The average home goes pending in 71 days.
SALE-TO-LIST
96.3%
Most homes are selling 4% below list price.
LIST PRICE
$38,000,000
Median list price in this area is $668,663. (98% lower than this home)
PRICE DROP
1 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
Kitchen island
Wet bar
Walk-in closets
Upstairs living area
Cabana bath
Furnished
Bedrooms
One main-level bedroom
Upstairs living area indicates additional bedrooms upstairs
Bathrooms
Seven full bathrooms
Three half bathrooms (ten total bathrooms)
Kitchen
Dishwasher
Gas range
Microwave
Refrigerator
Kitchen island
Laundry & utility
Washer/dryer not specified
Flooring
Wood flooring
Heating & cooling
Central heating
Central air conditioning
Exterior features
Private heated in-ground pool
Heated spa
Patio (covered)
Cabana
Waterfront on the Intracoastal with no fixed bridge
Lot dimensions approximately 85' x 242' x 124' x 224'
Home design
Single-family residence
Multi/split levels (2 stories)
Entry-level living area present
Faces northwest
Parking
Attached garage with six covered spaces
Driveway
Garage door opener
Decorative garage
Security
Security patrol
Association includes security
Construction
CBS construction
Utilities
Public water
Public sewer
Cable available
Natural gas available
HOA & community
Has association
Annual association fee (paid annually)
Association amenities: common areas and security
Financial info
Association permits pets with no restrictions
Other
Building area source: builder
Total building area reported
Electricity and solar
View estimated energy costs and solar savings for this home
Brand New Waterfront Signature Estate built by SRD Building Corp. This property is located on a premier oversized lot on the Intracoastal within Boca Raton's most prestigious community, Royal Palm Yacht & Country Club. The home is over 10,600 sf of living space and has 6 bedrooms, 7 full and 3 half bathrooms, and a 6-car garage with gated motorcourt. Southeast exposure with 124′ of waterfrontage overlooking the Intracoastal and Capone Island, 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.
Public Records
Feb 11, 2021
Sold
$7,500,000
$704/sq ft
Beaches MLS #RX-10687429
Jan 26, 2021
Pending
—
Jan 26, 2021
Sold
$7,500,000
$704/sq ft
Jan 24, 2021
Listed
$7,500,000
$704/sq ft
Beaches MLS #RX-3055558
Dec 14, 2010
Listing Removed
—
Oct 5, 2009
Listed
$14,750,000
$1,384/sq ft
Public Records
Oct 1, 1981
Sold
$925,000
$87/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$340,605 (−7.8%)
$8,301,506 + $11,709,481
$20,010,987
2024
$369,594 (+44.5%)
$8,301,506 + $13,402,444
$21,703,950
2023
$255,860 (+128.7%)
$8,301,506 + $13,402,444
$21,703,950
2022
$111,856 (+33.7%)
$6,352,500 + $8,520
$6,361,020
2021
$83,692 (−35.4%)
$4,620,000 + $6,831
$4,626,831
2020
$129,475 (−0.6%)
2019
$130,230 (+6.7%)
2018
$122,095 (+0.5%)
2017
$121,521 (−0.5%)
2016
$122,128 (−2.7%)
2015
$125,581 (−0.4%)
2014
$126,113 (+1.1%)
2013
$124,680
2012
$124,569 (+1.8%)
2011
$122,329
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
125 ft.
Lot depth
—
Lot size
0.56 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
13,666
Year built
—
Style
Single Family Residential
County
Palm Beach County
APN
06434729100010220
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 1, 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
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, 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
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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 hrs
7.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 372 E Alexander Palm Rd
$34,251,886
$3.7M under list price of $38.0M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $10.5M to $21.0M.