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New construction
  • Price cut: $3M (2/2)
    $23,500,000

    234 W Alexander Palm Road, Boca Raton, FL 33432

    7beds
    8,993sqft
    : 
    Single Family Residence
    Built in 2025
    0.34 Acres Lot
    $21,383,200 Zestimate®
    $2,613/sqft
    $346/mo HOA

    What's special

    Set along 100 feet of pristine waterfront in Royal Palm Yacht & Country Club, this extraordinary 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 calm. The setting is remarkably serene, offering a waterfront perspective defined by nature rather than neighboring homes. 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 featuresboth at the entry and cascading beside the resort-style poolcreate 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 estatedefined 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.
    29 days
    |
    2,612
    |
    130
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 03, 2026 at 11:45pm

    Listed by:

    Jacqueline Feldman 561-400-2156,

    One Sotheby's International Realty

    Source: BeachesMLS,MLS#: RX-11153087MLS LogoOriginating MLS: Beaches MLS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 10
    • Full bathrooms: 9
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Cabana Bath, Den/Office, Family Room, Maid/In-Law
    Primary bedroom
    • Level: 2
    • Area: 385.02 Square Feet
    • Dimensions: 18.6 x 20.7
    Bedroom 2
    • Level: 1
    • Area: 290.7 Square Feet
    • Dimensions: 17.1 x 17
    Bedroom 3
    • Level: 2
    • Area: 230.91 Square Feet
    • Dimensions: 12.9 x 17.9
    Bedroom 4
    • Level: 2
    • Area: 268.2 Square Feet
    • Dimensions: 18 x 14.9
    Bedroom 5
    • Level: 2
    • Area: 233.49 Square Feet
    • Dimensions: 12.9 x 18.1
    Dining room
    • Level: 1
    • Area: 408.51 Square Feet
    • Dimensions: 26.7 x 15.3
    Family room
    • Level: 2
    • Area: 541.89 Square Feet
    • Dimensions: 22.3 x 24.3
    Great room
    • Level: 1
    • Area: 546.35 Square Feet
    • Dimensions: 24.5 x 22.3
    Kitchen
    • Level: 1
    • Area: 439.83 Square Feet
    • Dimensions: 24.3 x 18.1
    Living room
    • Level: 1
    • Area: 600 Square Feet
    • Dimensions: 30 x 20
    Other
    • Level: 1
    • Area: 395.01 Square Feet
    • Dimensions: 23.1 x 17.1
    Other
    • Level: 2
    • Area: 260.8 Square Feet
    • Dimensions: 16.3 x 16
    Other
    • Level: 2
    • Area: 306.09 Square Feet
    • Dimensions: 17.1 x 17.9
    Patio
    • Description: Patio/Balcony
    • Level: 1
    • Area: 420 Square Feet
    • Dimensions: 30 x 14
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Ice Maker, Electric Range, Gas Range, Refrigerator, Washer
    • Laundry: Laundry Closet
    Features
    • Bar, Closet Cabinets, Elevator, Entry Lvl Lvng Area, Entrance Foyer, Kitchen Island, Pantry, Volume Ceiling, Walk-In Closet(s)
    • Flooring: Ceramic Tile, Wood
    • Windows: Hurricane Windows, Impact Glass, Impact Glass (Complete)
    • Has fireplace: Yes
    • Fireplace features: Decorative
    Interior area
    • Total structure area: 11,663
    • Total interior livable area: 8,993 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: 2+ Spaces, Covered, Driveway, Garage - Attached
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Covered Patio
    • Exterior features: Custom Lighting, Outdoor Kitchen, Dock
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Pool/Spa Combo
    • Has spa: Yes
    • Spa features: Spa
    • Has view: Yes
    • View description: Canal, Pool
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Interior Canal, No Fixed Bridges, Ocean Access, Seawall
    • Frontage length: 100+/-
    Lot
    • Size: 0.34 Acres
    • Dimensions: 100 x 150 x 100 x 150
    • Features: 1/4 to 1/2 Acre
    Details
    • Parcel number: 06434729100010100
    • Zoning: R1A(ci
    • Other equipment: Generator, Permanent Generator (Whole House Coverage)

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • CBS
    • Roof: S-Tile
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: None, Gated
    • Security: Gated with Guard, Security Patrol
    • Subdivision: Royal Palm Yacht & Country Club
    HOA
    • Has HOA: Yes
    • Services included: Security
    • HOA fee: $346 monthly
    • Application fee: $2,000
    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: 1/9/2026
    • Listing terms: Cash
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $21,383,200

    $20.31M - $22.45M

    $7,335/mo

    Price history

    Price history
    DateEventPrice
    2/2/2026Price change$23,500,000-11.3%$2,613/sqft
    Source: BeachesMLS #RX-11153087 Report a problem
    1/20/2026Listed for sale$26,500,000+217.4%$2,947/sqft
    Source: BeachesMLS #RX-11153087 Report a problem
    1/13/2023Sold$8,350,000-12.1%$928/sqft
    Source: BeachesMLS #RX-10780085 Report a problem
    10/25/2022Pending sale$9,500,000$1,056/sqft
    Source: BeachesMLS #RX-10780085 Report a problem
    10/13/2022Contingent$9,500,000$1,056/sqft
    Source: BeachesMLS #RX-10780085 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $157,888/mo
    Principal & interest
    $115242
    Property taxes
    $34075
    Other costs
    $8571

      Climate risks

      Neighborhood: Royal Palm

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Boca Raton Elementary School
      • Middle: Boca Raton Community Middle School
      • High: Boca Raton Community High School

      Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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