Lot/land

$15,995,000

348 E Alexander Palm Road, Boca Raton, FL 33432

--beds

--baths

0.39Acres

Unimproved Land

Built in ----

0.39 Acres Lot

$9,056,900 Zestimate^®

$--/sqft

$378/mo HOA

What's special

Uniquely configured waterfront parcel

A truly exceptional opportunity in Royal Palm Yacht & Country Club, 348 East Alexander Palm Road is a uniquely configured waterfront parcel directly across from Capone Island. Offering 116 feet of water frontage and nearly 17,000 square feet of land, the property features desirable southern exposure along the rear and beautiful Intracoastal Waterway views from the dock. Its distinctive configuration and substantial depth—approximately 85' x 186' x 116' x 158'—provide added flexibility for driveway space, outdoor living, and a custom estate design. For the avid boater, there is ample frontage to accommodate a boat with direct Intracoastal and ocean access. A rare opportunity to build your dream home in one of Boca Raton's most prestigious communities.

24 days
304
16

Likely to sell faster than

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Features

Has view: Yes
View description: Canal, Intercoastal, Preserve, Water
Has water view: Yes
Water view: Canal,Intercoastal,Water
Waterfront features: Canal Access, Canal Front, No Fixed Bridges, Ocean Access
Frontage type: Waterfront
Frontage length: 116.00,116.00

Lot

Size: 0.39 Acres
Dimensions: 85' x 186' x 116' x 158'
Features: Cleared, Oversized Lot, 1/4 to 1/2 Acre Lot, Subdivision

Details

Parcel number: 06434729100010200
Zoning: R1A (city)
Special conditions: Standard,BuildToSuit

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Community & HOA

Community

Features: Home Owners Association
Subdivision: ROYAL PALM YACHT & COUNTRY CLUB

HOA

Has HOA: Yes
Amenities included: None
Services included: Security
HOA fee: $4,540 annually
HOA name: Royal Palm Improvement Association
HOA phone: 561-393-6766

Location

Region: Boca Raton

Financial & listing details

Tax assessed value: $6,827,549
Annual tax amount: $116,448
Date on market: 10/8/2026
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$9,056,900

$7.70M - $10.87M

Not available

Price history

Date	Event	Price
10/8/2026	Listed for sale	$15,995,000+164.4%
Source: BeachesMLS #B26086053 Report a problem
5/20/2021	Sold	$6,048,900
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$116,448 +5.1%	$6,827,549 +8.2%
2024	$110,840 +4.6%	$6,310,302 +10%
2023	$106,016 +15.3%	$5,736,638 +10%
2022	$91,918 +304.8%	$5,215,125 +307.2%
2021	$22,708 +1.4%	$1,280,699 +1.4%
2020	$22,389 +1%	$1,263,017 +2.3%
2019	$22,172	$1,234,621 +1.9%
2018	$22,172 +5.1%	$1,211,601 +2.1%
2017	$21,090 +0.6%	$1,186,681 +2.1%
2016	$20,970 -0.4%	$1,162,273 +0.7%
2015	$21,045 -3%	$1,154,194 +0.8%
2014	$21,706 +1.2%	$1,145,034 +1.5%
2013	$21,451 +0.1%	$1,128,112 +1.7%
2012	$21,422 +1.9%	$1,109,255 +3%
2011	$21,023 +1.3%	$1,076,947 +1.5%
2010	$20,751 +7.2%	$1,061,032 +2.7%
2009	$19,351 +9.6%	$1,033,137 +0.1%
2008	$17,658 +1.7%	$1,032,105 +3%
2007	$17,368 -5.6%	$1,002,044 +2.5%
2006	$18,402	$977,604 +3%
2005	--	$949,130 +3%
2004	$9,970 +9486.3%	$921,485 +1.9%
2003	$104 -99.4%	$904,303 +2.4%
2002	$17,824 -0.1%	$883,108 +1.6%
2001	$17,840 +3.5%	$869,201 +3%
2000	$17,244 +7.3%	$843,884 -12.5%
1999	$16,070	$964,771