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Sold for $15,500,000
  • $15,500,000

    481 Thatch Palm Drive, Boca Raton, FL 33432

    5beds
    8,525sqft
    Single Family Residence
    Built in 2026
    0.39 Acres Lot
    $15,556,400 Zestimate®
    $1,818/sqft
    $7,146 Estimated rent

    Home value

    $15,556,400

    $14.00M - $17.27M

    $7,146/mo

    Zestimate® history
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    What's special

    Putting greenFull barOversized interior lotGlass-enclosed wine roomBilliards areaExpansive open layoutRefined designer finishes throughout
    Discover a newly completed signature estate by SRD Building Corp., exquisitely designed by award-winning P&H Interiors, set within the prestigious Royal Palm Yacht & Country Club on an oversized interior lot. This exceptional residence blends architectural precision with curated luxury, offering an elevated lifestyle defined by thoughtful detail and refined craftsmanship. A striking entry reveals an expansive, open layout anchored by a state-of-the-art chef's kitchen with eat-in dining—ideal for both intimate gatherings and elegant entertaining. The sleek clubroom is designed for effortless hosting, featuring a full bar, billiards area, and a glass-enclosed wine room. A private library provides a quiet retreat, while the dramatic show garage--framed by a glass wall--adds a bold architectural statement. The home overlooks the 16th green, creating a picturesque backdrop of manicured fairways and year-round greenery. Outdoors, a 72-foot lap pool spans the backyard, complemented by a spa, a putting green, and a manicured turf lawn. The covered terrace, complete with a summer kitchen, creates a seamless indoor-outdoor living experience ideal for year-round enjoyment. The second floor features dual primary suites, each with a private balcony offering serene views over the grounds. Crestron smart-home technology provides intuitive control of lighting, climate, and security throughout. Additional highlights include an elevator, full-house generator, natural gas service, and refined designer finishes throughout. Buyer is responsible for documentary stamp taxes on the deed and title insurance.

    Zillow last checked:

    Listing updated:

    Listed by:

    David W Roberts 561-368-6200,

    Royal Palm Properties LLC

    Bought with:

    Michelle Smith, 3280888

    PenderWhite Properties, Inc.

    Source: BeachesMLS,MLS#: R11149505MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Second
    • Area: 437
    • Dimensions: 23 X 19
    Bedroom 2
    • Area: 272
    • Dimensions: 16 X 17
    Bedroom 3
    • Area: 268.6
    • Dimensions: 17 X 15.8
    Bedroom 4
    • Area: 256
    • Dimensions: 16 X 16
    Bedroom 5
    • Area: 256
    • Dimensions: 16 X 16
    Den
    • Area: 284.8
    • Dimensions: 17.8 X 16
    Kitchen
    • Level: Main
    • Area: 330
    • Dimensions: 22 X 15
    Living room
    • Level: Main
    • Area: 590.4
    • Dimensions: 24.6 X 24
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Wet Bar, Built-in Features, Bathtub, Entrance Foyer, Elevator, High Ceilings, Kitchen Island, Multiple Primary Suites, Multiple En Suite Bathrooms, Pantry, Soaking Tub, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)
    • Flooring: Other, Wood
    • Furnished: Yes
    Interior area
    • Total structure area: 11,862
    • Total interior livable area: 8,525 sqft

    Property

    Parking
    • Total spaces: 4.5
    • Parking features: Attached, Circular Driveway, Garage, Garage Door Opener
    • Attached garage spaces: 4.5
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split,Two
    • Stories: 2
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Covered, Patio
    • Exterior features: Built-in Barbecue, Barbecue, Outdoor Kitchen, Outdoor Living Area
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Salt Water
    • Has spa: Yes
    • Has view: Yes
    • View description: Garden, Pool
    • Waterfront features: None
    Lot
    • Size: 0.39 Acres
    • Dimensions: 100' x 170' x 100' x 170'
    • Features: Interior Lot, 1/4 to 1/2 Acre Lot, Sprinklers Automatic
    Details
    • Parcel number: 06434729100150220
    • Zoning: R1A(ci

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2026

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Sewer Available, Underground Utilities, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association
    • Security: Security Guard
    • Subdivision: ROYAL PALM YACHT & COUNTRY CLUB
    HOA
    • Has HOA: Yes
    • Amenities included: None
    • Services included: Common Areas, Security
    • HOA fee: $4,150 annually
    • HOA phone: 561-393-6766
    Location
    • Region: Boca Raton

    Financial & listing details

    • Price per square foot: $1,818/sqft
    • Tax assessed value: $3,156,000
    • Annual tax amount: $53,816
    • Date on market: 12/23/2025
    • Cumulative days on market: 386 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/1/2026Sold$15,500,000-12.7%$1,818/sqft
    Source: BeachesMLS #R11149505 Report a problem
    6/25/2026Pending sale$17,750,000$2,082/sqft
    Source: BeachesMLS #R11149505 Report a problem
    12/23/2025Listed for sale$17,750,000$2,082/sqft
    Source: BeachesMLS #RX-11149505 Report a problem
    12/23/2025Listing removed$17,750,000$2,082/sqft
    Source: BeachesMLS #RX-11096146 Report a problem
    6/3/2025Listed for sale$17,750,000+294.4%$2,082/sqft
    Source: BeachesMLS #RX-11096146 Report a problem
    6/15/2024Listing removed--
    Source: BeachesMLS #RX-10984121 Report a problem
    5/15/2024Price change$4,500,000-5.3%$528/sqft
    Source: BeachesMLS #RX-10984121 Report a problem
    5/3/2024Listed for sale$4,750,000+18.8%$557/sqft
    Source: BeachesMLS #RX-10984121 Report a problem
    4/15/2024Sold$4,000,000$469/sqft
    Source: BeachesMLS #R10970580 Report a problem
    3/20/2024Pending sale$4,000,000$469/sqft
    Source: BeachesMLS #RX-10970580 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$53,816 +431.1%$3,156,000 +408.3%
    2024$10,133 +2.3%$620,840 +3%
    2023$9,903 +0.1%$602,757 +3%
    2022$9,891 +0.5%$585,201 +3%
    2021$9,842 +1.5%$568,156 +1.4%
    2020$9,699 +1%$560,312 +2.3%
    2019$9,599 $547,715 +1.9%
    2018$9,599 +5.2%$537,502 +2.1%
    2017$9,121 +0.7%$526,447 +2.1%
    2016$9,055 -0.1%$515,619 +0.7%
    2015$9,067 -2.9%$512,035 +0.8%
    2014$9,334 +1.3%$507,971 +1.5%
    2013$9,218 +0.2%$500,464 +1.7%
    2012$9,199 +2%$492,098 +3%
    2011$9,019 +1.6%$477,765 +1.5%
    2010$8,876 +7.5%$470,704 +2.7%
    2009$8,259 +9.5%$458,329 +0.1%
    2008$7,539 +0.1%$457,871 +3%
    2007$7,532 -5.5%$444,535 +2.5%
    2006$7,973 $433,693 +3%
    2005-- $421,061 +3%
    2004$4,263 +3998.7%$408,797 +1.9%
    2003$104 -98.6%$401,175 +2.4%
    2002$7,668 0%$391,772 +1.6%
    2001$7,670 +3.5%$385,602 +3%
    2000$7,411 +8.2%$374,371 -16.9%
    1999$6,850 $450,293
    Find assessor info on the county website

    Neighborhood: Royal Palm

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Boca Raton
    • Middle: Boca Raton Community
    • High: Boca Raton

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $15,556,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $15,556,400