Sold Sep 30, 2026
$17,250,000About this home
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.
Listing last checked: Listing updated:
Listed by Kelly H Brooks, Nicholas Paul Malinosky · Douglas Elliman · MLS #B26086053
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities5 property facts
- Lot size
- 0.39 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- R1A (city)
Financial3 property facts
- Annual taxes
- $116,448
- Assessment year
- 2025
- HOA fee
- $4,540 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $15,995,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$90,583 / monthAdjust
- Principal & interest
- $80,879
- Property tax
- $9,704
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $116,448. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $4,540. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Comparable properties 1 supplied
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About 348 E Alexander Palm Road
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