Set along 100 feet of pristine waterfront in Royal Palm Yacht & Country Club, this spectacular residence is perfectly positioned across from the preserved natural sanctuary of Capone Island—an undeveloped mangrove island that provides enduring privacy, lush green vistas, and a rare sense of Zen. This serene oasis, offering a waterfront perspective defined by nature rather than neighboring homes. Masterfully constructed by Albanese Builders and exquisitely designed and furnished by BE Designs, the home reflects a level of craftsmanship and intention seldom achieved. Spanning 8,993.70 square feet under air and 11,633.04 total square feet, the residence is introduced by soaring ceilings and a grand, wide staircase that immediately establishes architectural presence. The fully concrete second level underscores the home's structural integrity and enduring quality. Seven bedrooms and nine-and-a-half baths are arranged with equal attention to scale and intimacy. A refined club room with custom bar and pool table transitions seamlessly into a glass-enclosed office, creating a dramatic yet functional environment. At the heart of the home, a double-island chef's kitchen is appointed with top-of-the-line Miele appliances and complemented by a discreet butler's pantry, designed for both elevated entertaining and everyday living. Two laundry rooms provide thoughtful convenience. Materiality defines the interiors. Italian porcelain accent walls, a striking marble fireplace, and decorative fireplaces throughout elevate the architectural language, while sculptural water features both at the entry and cascading beside the resort-style pool create a sense of movement and tranquility. An outdoor firepit anchors the exterior living spaces, while electric shades throughout the home ensure effortless comfort and privacy. The residence is further distinguished by bespoke furnishings from Covet House, curated to harmonize with the home's architecture and elevate each space. A four-car garage with a separate golf cart entry completes the offering. Rare in its setting, exceptional in its execution, and uncompromising in its finishes, this is a truly one-of-a-kind waterfront estate defined by serenity, sophistication, and architectural distinction. Square footage, room sizes, and dimensions are approximate and derived from builder plans, architectural drawings, or estimates. Actual measurements may differ due to construction variances. Buyers must verify all information, measurements, and specifications to their satisfaction.
New construction
Price cut: $3M (2/2)
$23,500,000
234 W Alexander Palm Road, Boca Raton, FL 33432
7beds
8,993sqft
Est.:
Single Family Residence
Built in 2025
0.34 Acres Lot
$21,272,700 Zestimate®
$2,613/sqft
$346/mo HOA
What's special
Resort-style poolStriking marble fireplaceSeven bedroomsNine-and-a-half bathsLush green vistasGlass-enclosed officeItalian porcelain accent walls
- 76 days |
- 2,016 |
- 78 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2026 at 03:53am
Listed by:
Jacqueline Feldman 561-400-2156,
One Sotheby's International Realty
Source: BeachesMLS,MLS#: R11153087
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 10
- Full bathrooms: 9
- 1/2 bathrooms: 1
- Main level bathrooms: 212
- Main level bedrooms: 1
Primary bedroom
- Level: Second
- Area: 385.02
- Dimensions: 18.6 X 20.7
Bedroom 2
- Level: First
- Area: 290.7
- Dimensions: 17.1 X 17
Bedroom 3
- Level: Second
- Area: 230.78
- Dimensions: 12.9 X 17.89
Bedroom 4
- Level: Second
- Area: 268.2
- Dimensions: 18 X 14.9
Bedroom 5
- Level: Second
- Area: 233.49
- Dimensions: 12.9 X 18.1
Dining room
- Level: First
- Area: 408.51
- Dimensions: 26.7 X 15.3
Family room
- Level: Second
- Area: 541.89
- Dimensions: 22.3 X 24.3
Great room
- Level: First
- Area: 546.35
- Dimensions: 24.5 X 22.3
Kitchen
- Level: First
- Area: 439.83
- Dimensions: 24.3 X 18.1
Living room
- Level: First
- Area: 600
- Dimensions: 30 X 20
Other
- Level: First
- Area: 395.01
- Dimensions: 23.1 X 17.1
Other
- Level: Second
- Area: 260.8
- Dimensions: 16.3 X 16
Other
- Level: Second
- Area: 305.92
- Dimensions: 17.1 X 17.89
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Gas Range, Ice Maker, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
Features
- Bathtub, Closet Cabinetry, Entrance Foyer, Elevator, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Multiple En Suite Bathrooms, Pantry, Sitting Area in Primary, Soaking Tub, Upper Level Primary, Bar, Walk-In Closet(s)
- Flooring: Ceramic Tile, Wood
- Windows: Storm Window(s)
- Has fireplace: Yes
- Fireplace features: Decorative
- Furnished: Yes
Interior area
- Total structure area: 11,663
- Total interior livable area: 8,993 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Covered, Garage
- Attached garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Entry Level Living Area Y
- Patio & porch: Covered, Patio, Balcony
- Exterior features: Balcony, Lighting, Outdoor Kitchen, Outdoor Living Area
- Has private pool: Yes
- Pool features: Heated, In Ground
- Has spa: Yes
- Spa features: In Ground
- Has view: Yes
- View description: Canal, Pool
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Front, No Fixed Bridges, Ocean Access, Seawall
Lot
- Size: 0.34 Acres
- Dimensions: 100 x 150 x 100 x 150
- Features: 1/4 to 1/2 Acre Lot
Details
- Parcel number: 06434729100010100
- Zoning: R1A(ci
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Spanish Tile
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Features: Home Owners Association, Gated
- Security: Gated with Guard, Gated Community, Security Guard
- Subdivision: ROYAL PALM YACHT & COUNTRY CLUB
HOA
- Has HOA: Yes
- Amenities included: None
- Services included: Security
- HOA fee: $346 monthly
- HOA phone: 561-393-6766
Location
- Region: Boca Raton
Financial & listing details
- Price per square foot: $2,613/sqft
- Tax assessed value: $6,621,437
- Annual tax amount: $112,739
- Date on market: 1/20/2026
- Cumulative days on market: 65 days
- Listing terms: Cash
Estimated market value
$21,272,700
$20.21M - $22.34M
$7,335/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Price change | $23,500,000-11.3%$2,613/sqft |
Source:  BeachesMLS #RX-11153087 Report a problem | ||
| 1/20/2026 | Listed for sale | $26,500,000+217.4%$2,947/sqft |
Source: BeachesMLS #RX-11153087 Report a problem | ||
| 1/13/2023 | Sold | $8,350,000-12.1%$928/sqft |
Source: BeachesMLS #R10780085 Report a problem | ||
| 10/25/2022 | Pending sale | $9,500,000$1,056/sqft |
Source: BeachesMLS #RX-10780085 Report a problem | ||
| 10/13/2022 | Contingent | $9,500,000$1,056/sqft |
Source: BeachesMLS #RX-10780085 Report a problem | ||
| 6/21/2022 | Price change | $9,500,000-13.6%$1,056/sqft |
Source: BeachesMLS #RX-10780085 Report a problem | ||
| 4/25/2022 | Price change | $10,995,000-8%$1,223/sqft |
Source: BeachesMLS #RX-10780085 Report a problem | ||
| 2/28/2022 | Listed for sale | $11,950,000+149%$1,329/sqft |
Source: BeachesMLS #RX-10780085 Report a problem | ||
| 4/25/2013 | Listing removed | $4,800,000$534/sqft |
Source: Royal Palm Properties #R3207882 Report a problem | ||
| 8/18/2012 | Listed for sale | $4,800,000$534/sqft |
Source: Royal Palm Properties #R3207882 Report a problem | ||
| 6/1/2012 | Listing removed | $4,800,000$534/sqft |
Source: Royal Palm Properties #R3207882 Report a problem | ||
| 2/1/2012 | Listed for sale | $4,800,000+638.5%$534/sqft |
Source: Royal Palm Properties #R3207882 Report a problem | ||
| 10/21/1993 | Sold | $650,000$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $112,804 +162.7% | $6,621,437 +162.5% |
| 2023 | $42,937 +0.7% | $2,522,823 +3% |
| 2022 | $42,635 +0.2% | $2,449,343 +3% |
| 2021 | $42,531 +1.4% | $2,378,003 +1.4% |
| 2020 | $41,940 +1% | $2,345,171 +2.3% |
| 2019 | $41,542 | $2,292,445 +1.9% |
| 2018 | $41,542 +5.1% | $2,249,701 +2.1% |
| 2017 | $39,531 +0.5% | $2,203,429 +2.1% |
| 2016 | $39,328 -0.4% | $2,158,109 +0.7% |
| 2015 | $39,500 -3.1% | $2,143,107 +0.8% |
| 2014 | $40,768 +1.2% | $2,126,098 +1.5% |
| 2013 | $40,298 +0.1% | $2,094,678 +1.7% |
| 2012 | $40,254 +1.9% | $2,059,664 +3% |
| 2011 | $39,519 +1.3% | $1,999,674 +1.5% |
| 2010 | $39,024 +7.2% | $1,970,122 +2.7% |
| 2009 | $36,418 +9.6% | $1,918,327 +0.1% |
| 2008 | $33,227 +5.6% | $1,916,411 +6.3% |
| 2007 | $31,472 -5.7% | $1,802,191 +2.5% |
| 2006 | $33,357 | $1,758,235 +3% |
| 2005 | -- | $1,707,024 +3% |
| 2004 | $18,153 +17354.5% | $1,657,305 +1.9% |
| 2003 | $104 -99.7% | $1,626,403 +2.4% |
| 2002 | $32,387 -0.1% | $1,588,284 +1.6% |
| 2001 | $32,421 +3.4% | $1,563,272 +3% |
| 2000 | $31,366 +6.9% | $1,517,740 -10.7% |
| 1999 | $29,330 | $1,699,537 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$154,203/mo
Principal & interest
$119782
Property taxes
$34075
HOA Fees
$346
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Climate risks
Neighborhood: Royal Palm
Nearby schools
GreatSchools rating
- 7/10Boca Raton Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 8/10Boca Raton Community Middle SchoolGrades: 6-8Distance: 3.1 mi
- 6/10Boca Raton Community High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Boca Raton
- Middle: Boca Raton Community
- High: Boca Raton
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 33432
- Florida
- Palm Beach County
- Boca Raton
- 33432
- Royal Palm
- 234 W Alexander Palm Road
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