298 W Key Palm Road, Boca Raton, FL 33432
$21,000,000
Property Type:
Residential
Bedrooms:
6
Baths:
10
Square Footage:
15,813
Lot Size (sq. ft.):
26,572
Status:
Closed
Current Price:
$21,000,000
List Date:
11/15/2024
Last Modified:
2/27/2026
Description
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.
Supplements: 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.
More Information MLS# R11037462
Contract Information
Comp Sale YN: No
Listing Contract Date: 2024-11-15
Status: Closed
Original List Price: 25500000
Sold Price: $21,000,000
Current Price: $21,000,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Boca Raton
Postal Zip: 33432
Geographic Area: PB02
Special Assessment YN: No
Country: United States
Street Number: 298
Street Direction Prefix: W
Street Name: Key Palm
Street Suffix: Road
State Or Province: FL
Postal Code: 33432
Subdivision Name: ROYAL PALM YACHT & COUNTRY CLUB SUB
Area: 4190
Elementary School: Boca Raton
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Parcel Number: 06434729100030140
Zoning: R1A(ci
Directions: Royal Palm Yacht & Country Club
General Property Information
Living Area Main: 11471
Lot Size Dimensions: 88'x199'x166'x175'
Gated Community YN: No
Lot Size Area: 26728
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Furnished
Stories Total: 2
Stories: 2
Pool Private YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 6
Bathrooms Total: 10
Bathrooms Full: 8
Bathrooms Half: 2
Building Area Main: 15813
Building Area Source: Builder
Year Built: 2022
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 5
Covered Spaces: 5
Lot Size Acres: 0.61
Frontage Length: 166
Waterfront YN: 1
Direction Faces: North
Financial Information
Association Deposit YN: No
Application Required YN: Yes
Association Membership: Mandatory
Association Phone: (561) 393-6766
Association Website: www.rpia.net
Membership Fee Required YN: No
Association YN: 1
Association Fee: 345.83
Association Fee Frequency: Monthly
Tax Annual Amount: 301292
Tax Year: 2025
Tax Legal Description: ROYAL PALM YACHT & COUNTRY CLUB SUB LOT 14 BLOCK 3
Remarks and Miscellaneous
Public Historical Remarks: Boat Services:Private Dock Y
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2026-02-27T15:59:18Z
Major Change Type: Status Change
Price Change Timestamp: 2025-10-20T17:36:09Z
Status Change Date: 2026-02-27
Under Contract Date: 2026-02-12
Close Date: 2026-02-27
Close Price: 21000000
Application Fee Details
Application Fee Required: Yes
Application Fee: 2000
Application Information
Personal Interview Required: 1
Amenities
None: 1
Association Fee Includes
Common Areas: 1
Dining Area
Breakfast Area: 1
Formal Dining: 1
Entry Information
Entry Location: Entry Level Living Area Y
Exterior Features
Built-in Barbecue: 1
Outdoor Shower: 1
Summer Kitchen: 1
Flooring
Wood: 1
Parking Features
Circular Driveway: 1
Garage Door Opener: 1
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
View
Garden: 1
Pool: 1
Heating
Central: 1
Zoned: 1
Sprinkler Description
Auto Sprinkler: 1
Unit Description
Corner/End Unit: 1
Water Access
Ocean Access: 1
Water View
Canal: 1
Appliances
Dishwasher: 1
Dryer: 1
Free-Standing Freezer: 1
Gas Range: 1
Ice Maker: 1
Oven: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Second/Third Floor Concrete: 1
Interior Features
Bar: 1
Built-in Features: 1
Cabana Bath: 1
Central Vacuum: 1
Elevator: 1
Entrance Foyer: 1
High Ceilings: 1
Kitchen Island: 1
Pantry: 1
Upstairs Living Area: 1
Walk-In Closet(s): 1
Wet Bar: 1
Laundry Features
Inside: 1
Levels
Multi/Split: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Pool Features
In Ground: 1
Road Frontage Type
East of US-1: 1
Security Features
Security Patrol: 1
Water Source
Public: 1
Waterfront Features
Canal Front: 1
Architectural Style
Colonial: 1
Boat and Dock Information
Dock: Yes
Boat and Dock Features
Private Dock: 1
Cooling
Central Air: 1
Zoned: 1
Association Type
Homeowner Association: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Occupied: 1
Schedule Online: 1
See Remarks: 1
Main Level Rooms
Main Level Bathrooms: 6
Main Level Bedrooms: 2
Master Bedroom/Bath
2 Master Baths: 1
Master Bdrm - Ground: 1
Master Bdrm - Sitting: 1
Separate Shower: 1
Separate Tub: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Restrictions
Buyer Approval Required: 1
Lease Restrictions: 1
No Corporate Buyer: 1
Other Leasing Restrictions
Tenant Approval: 1
Storm Protection
Impact Glass: Complete
Permanent Generator: Whole House
Tax Information
City/County: 1
Occupant Details
Owner Occupied: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Balcony: 1
Patio: 1
Balcony Details
Balcony - Covered: 1
Balcony - Open: 1
Patio Details
Patio - Covered: 1
Contingencies
None: 1
Room Types
Bedroom 2: 1
Bedroom 2 Level: Upper
Bedroom 3: 1
Bedroom 3 Level: Upper
Bedroom 4: 1
Bedroom 4 Level: Upper
Bedroom 5: 1
Bedroom 5 Level: Upper
Den: 1
Den Level: Main
Family Room: 1
Kitchen: 1
Kitchen Level: Main
Laundry: 1
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Other: 1
Other Level: Main
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 1830.7
Original List Price To Close Price: 1.21
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Originating Details
Originating System Key: 20241122225532551024000000
Originating System ID: M00000170
Property Features
Application Information: Personal Interview Required
Association Fee Includes: Common Areas
Dining Area: Breakfast Area; Formal Dining
Exterior Features: Built-in Barbecue; Outdoor Shower; Summer Kitchen
Flooring: Wood
Parking Features: Circular Driveway; Garage Door Opener; Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Oven; Refrigerator; Washer
Architectural Style: Colonial
Boat and Dock Features: Private Dock
Construction Materials: CBS; Second/Third Floor Concrete
Cooling: Central Air; Zoned
Association Type: Homeowner Association
Heating: Central; Zoned
Interior Features: Bar; Built-in Features; Cabana Bath; Central Vacuum; Elevator; Entrance Foyer; High Ceilings; Kitchen Island; Pantry; Upstairs Living Area; Walk-In Closet(s); Wet Bar
Laundry Features: Inside
Levels: Multi/Split
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Pool Features: In Ground
Possession: Close Of Escrow; Negotiable
Restrictions: Buyer Approval Required; Lease Restrictions; No Corporate Buyer
Other Leasing Restrictions: Tenant Approval
Road Frontage Type: East of US-1
Security Features: Security Patrol
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Tax Information: City/County
Unit Description: Corner/End Unit
Utilities: Natural Gas Available; Sewer Available; Water Available
View: Garden; Pool
Water Access: Ocean Access
Water Source: Public
Water View: Canal
Waterfront Features: Canal Front
Showing Requirements: 24 Hour Notice; Appointment Only; Occupied; Schedule Online; See Remarks
Occupant Details: Owner Occupied
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Covered; Balcony - Open
Patio Details: Patio - Covered
Contingencies: None
Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Family Room; Kitchen; Laundry; Living Room; Master Bedroom; Other
Acreage Description: 1/2 To Less Than 1 Acre Lot
Room Information
Living Room
Length: 28.00
Length: 28.00
Width: 20.40
Width: 20.40
Level: Main
Kitchen
Length: 18.80
Length: 18.80
Width: 17.10
Width: 17.10
Level: Main
Master Bedroom
Length: 25.80
Length: 25.80
Width: 18.00
Width: 18.00
Level: Main
Den
Length: 17.00
Length: 17.00
Width: 15.20
Width: 15.20
Level: Main
Bedroom 2
Length: 18.20
Length: 18.20
Width: 16.00
Width: 16.00
Level: Upper
Bedroom 3
Length: 18.20
Length: 18.20
Width: 15.00
Width: 15.00
Level: Upper
Bedroom 4
Length: 19.00
Length: 19.00
Width: 15.80
Width: 15.80
Level: Upper
Bedroom 5
Length: 17.00
Length: 17.00
Width: 16.00
Width: 16.00
Level: Upper
Other
Length: 21.00
Length: 21.00
Width: 17.60
Width: 17.60
Level: Main
Family Room
Laundry
Listing Office:
Royal Palm Properties LLC
Last Updated: February - 27 - 2026
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