Experience luxury living at Royal Palm Residences in downtown Boca Raton. This 3-bedroom, 3.5- bath residence offers custom interiors, an impressive 457-square-foot private terrace, and the privacy of just two residences per floor. Secure, single-ride elevator access opens directly to your private foyer and a desirable split floor plan. Custom features include: flooring, plumbing fixtures, high-end wood cabinetry and solar shades that reflect the home's attention to detail and quality. The kitchen features upgraded quartz countertops and backsplash, a Wolf gas cooktop, Wolf oven and microwave, and Sub-Zero refrigerator. An adjoining flex room offers versatility as a formal dining room or a den. The redesigned primary bathroom includes an air-jetted tub, dual sinks, upgraded tile, a linen closet, and a private water closet. Custom closet organizers and Crestron home automation add everyday convenience. The expansive private terrace is a standout feature, with a built-in Wolf gas grill and ample room for outdoor dining and lounging, at both the south and north side of the residence. Additional highlights include two dedicated parking spaces, private storage, valet service, and 24- hour concierge service. Building amenities include a fitness center, a pool deck with heated spa, sun beds and towels, and an elegant clubroom with custom European cabinetry and a bar. Enjoy walking access to downtown Boca Raton's dining and luxury shopping, with beautiful beaches just moments away. Proof of funds, loan preapproval B. Furniture separately negotiable, 2 Bang & Olufsen TVs excluded
CondoProperty Type
2024Year Built
$1,195Price/Sq.Ft.
$3,231/moHOA Dues
2 car garageParking
Listed by Nunzia Alvergue• One Sotheby's International Realty
Listed by Brian Gibbons• One Sotheby's International Re
Downtown Boca, located between Mizner Park and Royal Palm Place, is a walkable and arts-forward Boca Raton neighborhood with Mediterranean Revival streetscapes and palm-lined plazas. The neighborhood’s character concentrates along Plaza Real and SE Mizner Boulevard, where sidewalk dining, galleries, and boutique storefronts set a polished, social rhythm. Mizner Park anchors the scene with its open-air promenade and cultural calendar. The Boca Raton Museum of Art adds a gallery-going counterpoint to the café patios. Royal Palm Place threads in courtyards and fountains that soften the retail blocks. Low-rise condos and mixed-use buildings keep daily errands and evening plans on the same few blocks.
Provided by Walk Score and Local Logic
Market insights
485 E Royal Palm Rd #503 · $2,950,000
DAYS ON MARKET
1 days
The average home goes pending in 101 days.
SALE-TO-LIST
93.8%
Most homes are selling 6% below list price.
LIST PRICE
$2,950,000
Median sale price in this area is $239,782. (92% lower than this home)
PRICE DROP
0 price drops
16% 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
Kitchen island
Walk-in closet
Split-bedroom layout
Unfurnished
Bedrooms
5 bedrooms on the main level
Bathrooms
3 full bathrooms
1 half bathroom
Kitchen
Disposal
Dishwasher
Microwave
Refrigerator
Gas cooktop
Laundry & utility
Laundry room
Flooring
Other flooring
Tile flooring
Heating & cooling
Central electric heating
Central electric air conditioning
Exterior features
City street frontage
Home design
Condominium
Three or more levels
South-facing
Parking
Attached garage
2 garage spaces
Assigned parking
Under-building parking
Security
Closed-circuit cameras
Fire sprinkler system
Key-card entry
Smoke detectors
Security system
Attended lobby
Construction
CBS construction
Other roof
Utilities
Public water
Public sewer
Cable connected
Natural gas available
HOA & community
Royal Palm Residences
Clubhouse
Elevator
Fitness center
Management
Parking
Pool
Spa/hot tub
Storage
On-site manager
Trash chute
Business center
Heated pool
Internet included
Pets allowed with breed restrictions
Electricity and solar
View estimated energy costs and solar savings for this home
The use, intensity and development of any property located within the community redevelopment area, irrespective of the designation on the zoning map of the city, shall be governed by the provisions and requirements contained in the downtown development of regional impact development order adopted by the city council on March 15, 1988, and as may subsequently be amended.
Climate risks
6/10 Flood Factor
Estimated 54-66% 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
3/10 Air Factor
2 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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79
67
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73
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91
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88
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76
81
70
78
67
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 5% for direct sun exposure in Boca Raton. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.9 hrs
8.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 485 E Royal Palm Rd #503
$3,671,938
$722K over list price of $2.95M
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $1.3M to $3.2M.