Immerse yourself in unparalleled luxury with this extraordinary furnished waterfront estate by SRD Building Corp. Spanning over 11,400 square feet of refined living space, this six-bedroom, eight full and two half-bathroom home is on 166 feet of deep-water frontage, offering a yacht-ready dock and southern exposure. A stunning waterfall wall fountain sets the tone as you enter the dual-entrance motor court driveway. The first-floor owner's wing is a private sanctuary with His & Her spa-like bathrooms, a dedicated wellness/gym with a full spa bath and steam shower, and a tranquil sitting room. For car enthusiasts, showroom-style garages with glass walls provide a striking display for your collection enjoyed from the private study. Designed by P&H Interiors for grand-scale entertaining, the sleek clubroom features a bar, billiards area, and a glass-enclosed wine room. The chef's kitchen, outfitted with premium appliances and a spacious eat-in dining area, ensures a culinary experience to match the home's sophistication.
Outdoors, the resort-grade backyard is an expansive private oasis boasting a pool, spa, turf yards, and a tremendous covered terrace, perfectly oriented to capture the sun-soaked southern exposure. Cutting-edge Crestron smart-home technology and advanced security systems ensure effortless living at the highest level of convenience and safety. This exceptional residence is a rare opportunity to own a true masterpiece of modern luxury.
For sale
Price increase: $550K (10/20)
$24,500,000
298 W Key Palm Road, Boca Raton, FL 33432
6beds
11,471sqft
Est.:
Single Family Residence
Built in 2022
0.61 Acres Lot
$-- Zestimate®
$2,136/sqft
$346/mo HOA
What's special
Waterfront estateResort-grade backyardPrivate oasisYacht-ready dockWaterfall wall fountainCovered terraceSpa bath
- 404 days |
- 1,517 |
- 91 |
Zillow last checked: 8 hours ago
Listing updated: December 22, 2025 at 12:25am
Listed by:
David W Roberts 561-368-6200,
Royal Palm Properties LLC
Source: BeachesMLS,MLS#: RX-11037462
Originating MLS: Beaches MLS
Originating MLS: Beaches MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 10
- Full bathrooms: 8
- 1/2 bathrooms: 2
Rooms
- Room types: Cabana Bath, Den/Office, Family Room
Primary bedroom
- Level: M
- Area: 464.4 Square Feet
- Dimensions: 25.8 x 18
Bedroom 2
- Level: U
- Area: 291.2 Square Feet
- Dimensions: 18.2 x 16
Bedroom 3
- Level: U
- Area: 273 Square Feet
- Dimensions: 18.2 x 15
Bedroom 4
- Level: U
- Area: 300.2 Square Feet
- Dimensions: 19 x 15.8
Bedroom 5
- Level: U
- Area: 272 Square Feet
- Dimensions: 17 x 16
Other
- Level: U
- Area: 1156 Square Feet
- Dimensions: 85 x 13.6
Den
- Level: M
- Area: 258.4 Square Feet
- Dimensions: 17 x 15.2
Kitchen
- Level: M
- Area: 321.48 Square Feet
- Dimensions: 18.8 x 17.1
Living room
- Level: M
- Area: 571.2 Square Feet
- Dimensions: 28 x 20.4
Other
- Level: M
- Area: 369.6 Square Feet
- Dimensions: 21 x 17.6
Heating
- Central, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Dishwasher, Dryer, Freezer, Ice Maker, Gas Range, Refrigerator, Wall Oven, Washer
- Laundry: Inside
Features
- Bar, Built-in Features, Elevator, Entry Lvl Lvng Area, Entrance Foyer, Kitchen Island, Pantry, Second/Third Floor Concrete, Upstairs Living Area, Volume Ceiling, Walk-In Closet(s), Wet Bar, Central Vacuum
- Flooring: Tile, Wood
- Windows: Impact Glass, Impact Glass (Complete)
- Furnished: Yes
- Common walls with other units/homes: Corner
Interior area
- Total structure area: 15,813
- Total interior livable area: 11,471 sqft
Property
Parking
- Total spaces: 5
- Parking features: 2+ Spaces, Circular Driveway, Driveway, Garage - Attached, Auto Garage Open
- Attached garage spaces: 5
- Has uncovered spaces: Yes
Features
- Levels: < 4 Floors
- Stories: 2
- Patio & porch: Covered Patio
- Exterior features: Auto Sprinkler, Built-in Barbecue, Covered Balcony, Open Balcony, Outdoor Shower, Outdoor Kitchen, Dock
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Canal, Garden, Pool
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Width 81 - 120, Interior Canal, Ocean Access
- Frontage length: 166
Lot
- Size: 0.61 Acres
- Dimensions: 88' x 199' x 166' x 175'
- Features: 1/2 to < 1 Acre, Corner Lot, East of US-1
Details
- Parcel number: 06434729100030140
- 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
Condition
- Resale
- New construction: No
- Year built: 2022
Utilities & green energy
- Gas: Gas Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Features: None
- Security: Security Patrol
- Subdivision: Royal Palm Yacht & Country Club Sub
HOA
- Has HOA: Yes
- Services included: Common Areas
- HOA fee: $346 monthly
- Application fee: $2,000
Location
- Region: Boca Raton
Financial & listing details
- Price per square foot: $2,136/sqft
- Tax assessed value: $8,456,308
- Annual tax amount: $301,292
- Date on market: 11/15/2024
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$154,474/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Price change | $24,500,000+2.3%$2,136/sqft |
Source:  BeachesMLS #RX-11037462 Report a problem | ||
| 6/16/2025 | Price change | $23,950,000-6.1%$2,088/sqft |
Source: BeachesMLS #RX-11037462 Report a problem | ||
| 11/15/2024 | Listed for sale | $25,500,000+0.1%$2,223/sqft |
Source: BeachesMLS #RX-11037462 Report a problem | ||
| 8/22/2024 | Listing removed | $25,475,000-3.8%$2,221/sqft |
Source:  MIAMI #A11594508 Report a problem | ||
| 8/22/2024 | Price change | $26,475,000-1.9%$2,308/sqft |
Source: MIAMI #A11594508 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2015 | $136,357 -0.4% | $7,134,537 +0.8% |
| 2014 | $136,934 +1.1% | $7,077,914 +1.5% |
| 2013 | $135,379 +8% | $6,973,314 +10.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$167,418/mo
Principal & interest
$122972
Property taxes
$35525
Other costs
$8921
Climate risks
Neighborhood: Royal Palm
Nearby schools
GreatSchools rating
- 7/10Boca Raton Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 8/10Boca Raton Community Middle SchoolGrades: 6-8Distance: 3 mi
- 6/10Boca Raton Community High SchoolGrades: 9-12Distance: 3.4 mi
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