waterfront
Pool: Heated
Pool: In Ground
Pool Spa Combo
Pool: Private

$17,995,000

251 W Coconut Palm Road, Boca Raton, FL 33432

Boca Raton, FL, 33432

7 bd · 11 ba · 9,965 sqft · 150 ft of water

Listed by Royal Palm Properties LLC

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated Monthly Payment

$110,103/ month

20% down · 6.75% interest · 30-year loan · Jumbo loan

Jumbo loan: put down about $17,162,250 or more to stay conforming. What's different?
  • A bigger down payment, often 10–20% or more
  • A higher credit score, often 700+
  • More cash reserves, often 6–12 months of payments
  • Full income documentation, sometimes a second appraisal on large loans

Other options: Conforming first mortgage plus a home equity loan for the rest ("piggyback"); Portfolio or private bank loans; Cash. Each lender sets its own rules.

Principal, interest, taxes and insurance, HOA. Property Tax (after sale). Estimated; not a lender quote.

Principal & interest
$93,372/mo
Property tax (after sale) est.
$13,664/mo
Homeowners insurance est.
$2,510/mo
HOA
$556/mo

Estimate only, not guaranteed. Verify before you buy or sell.

About This Property

Find similar homes

251 Coconut Palm Road offers a rare chance to enjoy refined waterfront living on a grand scale. Beyond the gated entry, a sweeping drive lined with towering palms and manicured grounds sets the tone for the estate's timeless elegance. With its striking Spanish Mediterranean design, the seven-bedroom residence pairs old-world craftsmanship with a clean, contemporary sensibility. In the marble-clad foyer, a dramatic rotunda-style staircase introduces interiors that balance grand scale with warmth and intimacy. The formal living room, anchored by a hand-carved cast stone fireplace, opens gracefully to the dining room, where tranquil views stretch across the property's expansive outdoor spaces. At the heart of the home, the fully reimagined chef's kitchen is as beautiful as it is functional, with dual islands suited to both grand entertaining and relaxed everyday living. The main level also includes a cozy theater, a welcoming club room and bar, a richly appointed study, and a serene library, each designed with comfort and ambiance in mind. Upstairs, the primary suite enjoys its own private wing, where oversized bay windows showcase sweeping water views. This luxurious retreat features a separate sitting room with fireplace and dual spa-inspired baths with generous wardrobe closets. A separate VIP suite, reached by private elevator, offers guests a secluded escape with a morning bar, wraparound balcony, and panoramic views of the Butterfly Palm waterway. The west wing is home to three additional guest suites and a spacious second family room. Outdoors, a series of covered terraces creates inviting spaces for year-round gatherings of every size. The summer pavilion, complete with alfresco kitchen, fireplace, and integrated cooling system, extends the living space seamlessly outdoors. A saltwater pool with marble decking and an adjacent cabana bath is surrounded by lush tropical landscaping and soft ambient lighting, all set along 150 feet of waterfrontage. More than a residence, this is a private sanctuary where every detail elevates daily living and effortless entertaining.

Your costs (est.)

≈ $110,103/mo

251 W Coconut Palm Road, Boca Raton, FL 33432 · Boca Raton

Location

251 W Coconut Palm Road, Boca Raton, FL 33432

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Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995