495 E Royal Palm Road 401, Boca Raton, FL 33432

$3,065,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 4,801 Status: Closed
Current Price: $3,065,000 List Date: 1/03/2025 Last Modified: 3/13/2026

Description

$420,000 PRICE REDUCTION! Experience unparalleled modern luxury in the prestigious Residence 401, a highly coveted corner unit within the exclusive 16-unit East Tower at Royal Palm Residences. Featuring 3 bedrooms, 3.5 bathrooms, and an impressive 4,801 total square feet, this brand-new condominium sets a new standard for sophisticated living in the heart of Boca Raton. Step into elegance with a private elevator entry leading to a gourmet kitchen, featuring top-of-the-line Italian cabinetry, natural gas cooking, double-oversized islands, full size subzero wine refrigerator and a built-in Wolf gas barbecue grill on the terrace perfect for outdoor entertaining. Enjoy an expansive terrace that showcases views of the Intracoastal Waterway and the newly developed Silver Palm Park.

Supplements: The spacious living areas include a formal living room, full dining room and an additional den/media room, while the primary suite boasts two generous walk-in closets and a lavish en-suite bathroom with high-end upgrades. Custom fixtures and premium finishes are thoughtfully integrated throughout the residence, enhancing its modern appeal. Positioned at the epicenter of Boca's most sought-after locales, this residence offers unparalleled access to high-end shopping, dining, and entertainment. The famed Boca Raton Resort & Club and pristine beaches are just minutes away, enhancing a lifestyle defined by luxury and convenience. Royal Palm Residences is renowned for its exceptional amenities, including a 24-hour doorman, valet services, a heated pool, state-of-the-art fitness center, private storage lockers, and an elegant club room. Experience the best of Boca Raton from a home that redefines modern sophistication and comfort.

More Information MLS# R11048748

Contract Information

Comp Sale YN: No Listing Contract Date: 2025-01-03 Status: Closed Original List Price: 4295000 Sold Price: $3,065,000 Current Price: $3,065,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Boca Raton Postal Zip: 33432 Development Name: ROYAL PALM RESIDENCES Geographic Area: PB02 Special Assessment YN: Yes Country: United States Street Number: 495 Street Direction Prefix: E Street Name: Royal Palm Street Suffix: Road Unit Number: 401 State Or Province: FL Postal Code: 33432 Subdivision Name: ROYAL PALM RESIDENCES Area: 4260 Elementary School: Boca Raton Middle Or Junior School: Boca Raton Community High School: Boca Raton Parcel Number: 06434729690004010 Zoning: Residential Directions: Palmetto Park Rd east, take a right heading south on SE 5th Ave. The building is located directly on the southwest corner of SE 5th Ave and E Royal Palm Rd.

General Property Information

Number Of Units In Community: 48 Total Units In Building: 16 Unit Floor #: 4 Living Area Main: 3715 Gated Community YN: No Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 9 Pool Private YN: No Property Sub Type: Condominium Bedrooms Total: 3 Bathrooms Total: 4 Bathrooms Full: 3 Bathrooms Half: 1 Building Area Main: 4801 Building Area Source: Builder Year Built: 2024 Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Direction Faces: East

Financial Information

Association Deposit YN: Yes Association Deposit Amount: 2000 Application Required YN: Yes Association Membership: Mandatory Membership Fee Required YN: No Association YN: 1 Association Fee: 4335.1 Association Fee Frequency: Monthly Tax Annual Amount: 3026 Tax Year: 2024 Tax Legal Description: ROYAL PALM RESIDENCES CONDO UNIT 401

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2025-10-23T13:58:36Z Major Change Type: Status Change Price Change Timestamp: 2025-03-31T23:52:47Z Status Change Date: 2025-10-23 Under Contract Date: 2025-09-22 Close Date: 2025-10-23 Close Price: 3065000

Application Fee Details

Application Fee Required: Yes Application Fee: 100

Amenities

Bike Storage: 1 Clubhouse: 1 Elevator(s): 1 Fitness Center: 1 Internet Included: 1 Manager On Site: 1 Parking: 1 Pool: 1

Association Fee Includes

Cable TV: 1 Common Areas: 1 Elevator: 1 Insurance: 1 Maintenance Grounds: 1 Trash: 1

Dining Area

Dining/Living Room: 1 Formal Dining: 1

Electric

Three Phase: 1

Exterior Features

Built-in Barbecue: 1

Parking Features

Covered: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

View

City: 1

Heating

Central: 1 Electric: 1

Unit Description

Corner/End Unit: 1

Water Access

None: 1

Water View

Intracoastal: 1

Appliances

Dishwasher: 1 Dryer: 1 Free-Standing Freezer: 1 Gas Range: 1 Oven: 1 Refrigerator: 1 Trash Compactor: 1 Washer: 1 Water Heater: 1

Construction Materials

CBS: 1

Interior Features

Bedroom Layout - Split: 1 Elevator: 1 Kitchen Island: 1 Pantry: 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1

Listing Terms

Cash: 1 Conventional: 1

Road Frontage Type

East of US-1: 1

Security Features

Fire Alarm: 1 Key Card Entry: 1 Smoke Detector(s): 1

Water Source

Public: 1

Water Heater Details

Gas Water Heater: 1

Capital Contributions

Capital Contributions YN: No

Cooling

Central Air: 1 Electric: 1

Association Type

Homeowner Association: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Text Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 4 Main Level Bedrooms: 3

Master Bedroom/Bath

Dual Sinks: 1 Separate Shower: 1 Separate Tub: 1

Membership

No Membership Available: 1

Pets Allowed YN

Yes: 1

Restrictions

Buyer Approval Required: 1 Lease Restrictions: 1

Storm Protection

Impact Glass: Complete

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: Yes

Outdoor Living Spaces

Balcony: 1

Balcony Details

Balcony - Covered: 1

Contingencies

None: 1

Room Types

Den: 1 Den Level: Main Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Main

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: Yes Buyer Contributions Amount: 91950

Price Calculations

Current Price To SqFt: 825.03 Original List Price To Close Price: 1.4

Originating Details

Originating System Key: 20241226154055871476000000 Originating System ID: M00000170

Property Features

Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Maintenance Grounds; Trash Dining Area: Dining/Living Room; Formal Dining Electric: Three Phase Exterior Features: Built-in Barbecue Parking Features: Covered; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Free-Standing Freezer; Gas Range; Oven; Refrigerator; Trash Compactor; Washer; Water Heater Water Heater Details: Gas Water Heater Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central; Electric Interior Features: Bedroom Layout - Split; Elevator; Kitchen Island; Pantry; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Membership: No Membership Available Pets Allowed YN: Yes Restrictions: Buyer Approval Required; Lease Restrictions Road Frontage Type: East of US-1 Security Features: Fire Alarm; Key Card Entry; Smoke Detector(s) Sewer: Public Sewer Tax Information: City/County Unit Description: Corner/End Unit Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available Water Access: None Water Source: Public Water View: Intracoastal Showing Requirements: 24 Hour Notice; Appointment Only; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered Contingencies: None Room Types: Den; Kitchen; Laundry; Living Room; Master Bedroom

Room Information

Living Room Length: 21.60 Length: 21.60 Width: 17.00 Width: 17.00 Level: Main Kitchen Length: 16.00 Length: 16.00 Width: 15.00 Width: 15.00 Level: Main Master Bedroom Length: 15.00 Length: 15.00 Width: 17.00 Width: 17.00 Level: Main Den Length: 15.00 Length: 15.00 Width: 16.00 Width: 16.00 Level: Main Laundry
Listing Office: Douglas Elliman
IDX
Last Updated: March - 13 - 2026
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