CENTURY 21 Edge
$38,000,000$40,000,0006 bd8.5 ba10,660 sqft$3,565 /sqft$248,218 /mo all-in ↓

372 E Alexander Palm Road, Boca Raton FL 33432, BOCA RATON, FL, 33432

Active492 days on marketListed Apr 8, 2025MLS #R11079617

Reduced $2.0MWaterfrontPrivate poolSingle Family ResidenceROYAL PALM YACHT & COUNTRY

About this home

372 E Alexander Palm Road, Boca Raton FL 33432

Introducing an exquisite Intracoastal Signature Estate by SRD Building Corp, nestled within Boca Raton's most prestigious community, the Royal Palm Yacht & Country Club. This premier property rests on an oversized lot and offers unparalleled luxury and sophistication. Its southeast exposure provides breathtaking views with 124 feet of water frontage, a private dock overlooking the serene Intracoastal waterway, and captivating Capone Island nature preserve. Designed for the modern homeowner, the residence features a fully integrated Crestron smart-home system, ensuring effortless control of daily living. The estate spans over 10,600 square feet and boasts 6 luxurious bedroom suites, an office with a showroom-style garage, fitness center, an entertainer's wing with a stunning designer bar and billiards, and a 6-car garage with a gated motor court for added privacy and security. Crafted with meticulous attention to detail, this home showcases exceptional quality, making it a true masterpiece of luxury waterfront living in Boca Raton's most exclusive community.

Facts & features

The home at a glance

6

Bedrooms

8.5

Bathrooms

10,660

Sqft

0.56 ac

Lot size

6

Garage

2022

Year built

2

Levels

$3,565

Per sqft

Private poolWaterfrontCanal & Intracoastal View & Pool & Canal View viewFurnished,Furniture OnlyPets allowed

Inside

FlooringWood
AppliancesDishwasher · Dryer · Free-Standing Freezer · Ice Maker · Microwave · Gas Range · Refrigerator · Washer
InteriorBar · Cooking Island · Elevator · Entrance Foyer · Volume Ceilings · Walk-In Closet(s) · Wet Bar · Den/Library/Office · Family Room
CoolingCentral Air
HeatingCentral
FurnishedFurnished,Furniture Only

Outside & construction

ConstructionCBS Construction
ViewCanal · Intracoastal View · Pool · Canal View
FacesNorthwest
Parking2 Or More Spaces · Driveway · Parking Garage
ExteriorEast Of Us1 · Outdoor Shower

Community & fees

HOA fee$378/mo
Taxes (2025)$340,605/yr
PetsYes
CommunityBuyer Approval Required · Mandatory Hoa · None · Security Patrol

Utilities & systems

UtilitiesCable Connected · Natural Gas Connected · Sewer Connected · Water Connected · Cable Available · Natural Gas Available · Sewer Available · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$248,218 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$205,046
PMI (est., until 20% equity)$14,250
Property tax — 2025 actual bill$28,384
HOA fee — from the listing$378
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $3,800,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $3,800,000
Interest rate6.00%
Loan term

Estimated payment

$248,218/mo

Principal & interest$205,046
PMI (est., until 20% equity)$14,250
Property taxes (actual bill)$28,384
HOA / condo fee$378
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs ROYAL PALM YACHT & COUNTRY

$3,565 vs $1,808

Days on market

492 vs 56 typical

Where $3,565/sqft sits among the 17 homes for sale in ROYAL PALM YACHT & COUNTRY

6
4
4
2
0
1 · this home
$1058–1500$1500–1943$1943–2386$2386–2828$2828–3271$3271+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Royal Palm Yacht And Country Club

Map of 372 E Alexander Palm Road, Boca Raton FL 33432 inside its neighborhood boundary

Get to know Boca Raton. See the full Boca Raton guide →

Royal Palm Yacht And Country Club — neighborhood snapshot

Population

1,039

Median age

57

Median income

$192,875

Median home value

$2,000,000

Avg household

2

Households w/ children

74%

For the school run

Palm Beach County School District

ElementaryBoca Raton Elementary School★★★★★
MiddleBoca Raton Community Middle School★★★★★
HighBoca Raton Community High School★★★★
HighGlades Construction Academy At West Technical

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Boca Raton market

Seller’s marketLeans buyer9.1 months of inventoryBuyer’s market

$3.6M$710K

Boca Raton median sold, yr/yr

93.4%

Sale-to-list ratio (12 mo)

0 of 17

ROYAL PALM YACHT & COUNTRY have cut their price

Median sold price, Boca Raton, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 9424% above the BOCA RATON 33432 median. See the full Boca Raton market guide →

Paper trail

This home's history

CurrentPrice reduced to $38,000,000 $2.0M
Apr 8, 2025Listed at $40,000,000 · 492 days on market since
2022Built · ROYAL PALM YACHT & COUNTRY

Reality check

What actually sold near 372 E Alexander Palm Road

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

224 W Key Palm Road, Boca Raton FL 33432Sold · Mar ’26

$19,000,000

224 W Key Palm Road, Boca Raton FL 33432 · same community

6 bd · 8 ba · 9,582 sqft · $1,983/sqft · 457 DOM

289 W Coconut Palm Road, Boca Raton FL 33432Sold · Apr ’26

$12,250,000

289 W Coconut Palm Road, Boca Raton FL 33432 · same community

6 bd · 9.5 ba · 11,798 sqft · $1,038/sqft · 0 DOM

166 W Alexander Palm Road, Boca Raton FL 33432Sold · Aug ’25

$17,500,000

166 W Alexander Palm Road, Boca Raton FL 33432 · same community

7 bd · 10 ba · 11,799 sqft · $1,483/sqft · 672 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Erwin Vazquez

Your agent

Erwin Vazquez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 372 E Alexander Palm Road — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 372 E Alexander Palm Road — before you fall in love.

See it in person

Schedule a tour

Live availability from Erwin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

372 E Alexander Palm Road FAQs

What would the monthly payment be for 372 E Alexander Palm Road, Boca Raton FL 33432?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $248,218/mo — principal and interest, the actual property-tax bill, the $378/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 372 E Alexander Palm Road, Boca Raton FL 33432?+

The association fee works out to $378 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 372 E Alexander Palm Road, Boca Raton FL 33432?+

The most recent tax bill on record (2025) was $340,605. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 372 E Alexander Palm Road, Boca Raton FL 33432?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Boca Raton?+

At $38,000,000, this home is listed about 6810% above the Boca Raton median of $549,900. The market section on this page shows how the area is trending.

Which schools are assigned to 372 E Alexander Palm Road, Boca Raton FL 33432?+

Boca Raton Elementary School (elementary), Boca Raton Community Middle School (middle), Boca Raton Community High School (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$38,000,000 runs 9424% above the BOCA RATON 33432 median — but at 10,660 sqft it's also nearly 7 times the size of the typical Boca Raton listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

492 days on market against a Boca Raton median of 56 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Boca Raton Elementary School, Boca Raton Community Middle School, Boca Raton Community High School, Glades Construction Academy At West Technical — Boca Raton Community High School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $40,000,000, now $38,000,000 — a $2.0M cut. The full history is in the market section below.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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