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+89 photosWaterfront home — 372 E Alexander Palm Road · Royal Palm Yacht & Country Club · Boca Raton
$38,000,000
372 E Alexander Palm Road, Boca Raton, FL 33432
Boat up to approx. 88' LOA — preliminary estimate, verify
Estimate only, not guaranteed. Verify before you buy or sell. Boat length is a preliminary estimate from the water frontage, not a stated dock length — verify the berth before relying on it. Saved Boca Raton Inlet route. Charted route depth is not a surveyed private-dock depth or confirmed boat draft; uncovered stretches need verification.
Boca Raton, FL, 33432
6 bd · 10 ba · 10,660 sqft · 124 ft of water
Listed by Royal Palm Properties LLC
372 E Alexander Palm Road, Boca Raton, FL 33432124 ft of water frontageSuperyacht range · Boat length ~88 ft · preliminary
Boat up to approx. 88' LOA — preliminary estimate, verify
Estimate only, not guaranteed. Verify before you buy or sell. Boat length is a preliminary estimate from the water frontage, not a stated dock length — verify the berth before relying on it. Saved Boca Raton Inlet route. Charted route depth is not a surveyed private-dock depth or confirmed boat draft; uncovered stretches need verification.
Listed by Royal Palm Properties LLC
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Ask Simon about boat size
Max boat: 104 ft · Dock: Not provided
min · est.
2.1 nm
low tide depth
Enter draft
bridges on the route
a tall boat passes only when they open, on their schedule
Run to the ocean
Map © Esri · saved route, planning only
Water depth on the way out
Charted route depths do not confirm private dock depth, current shoaling or safe passage; verify with your captain.
Today’s tide · Eastern time
Current tide prediction not provided — Ask Simon
Route bridges & sources
Bridges on the route
E. Camino Real · opens · 4.9 ft closed · Opens on the hour, 20 past and 40 past
A1A · opens · 23 ft closed · Opens on signal
Depth sources
Army Corps survey · Intracoastal Waterway, Palm Beach County · surveyed Apr 4, 2022 · shallowest 7.5 ft on your route
NOAA chart (updated weekly)Tides
Tides: NOAA tide predictions, nearest station
Estimate only, not guaranteed. Verify before you buy or sell.
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
About This Property
Find similar homesIntroducing 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 5%
The seller has come down from $40,000,000 to $38,000,000 — a $2,000,000 reduction since it came on the market.
579 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
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Your costs (est.)
≈ $228,466/mo
372 E Alexander Palm Road, Boca Raton, FL 33432 · Boca Raton
Location
372 E Alexander Palm Road, Boca Raton, FL 33432
Dock & Draft Match™
124 ft stated water frontage less the local Boca Raton side-line buffers; canal and inlet length limits not provided — Ask Simon; route to the Atlantic limited by the home canal, about 108 ft wide (est.). Length screen only; verify beam, draft, bridges and tides
Boat length ~88 ft · preliminary
What buyers ask about this home
What are the estimated monthly carrying costs at 372 E Alexander Palm Road, Boca Raton, FL 33432?+
Property tax (after sale): $28,855/month est.; homeowners insurance: $2,059/month est.; HOA: $378/month. Fixed ownership costs before a mortgage: $31,292/month est. Principal and interest: $197,174/month; PMI: $0/month. Total for the payment scenario shown: $228,466/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 372 E Alexander Palm Road, Boca Raton, FL 33432?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 372 E Alexander Palm Road, Boca Raton, FL 33432 need flood insurance, and what drives the premium?+
Most of Boca Raton sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 372 E Alexander Palm Road, Boca Raton, FL 33432?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 372 E Alexander Palm Road, Boca Raton, FL 33432?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 372 E Alexander Palm Road, Boca Raton, FL 33432?+
This listing has been on the market 579 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
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Simon Gedz
Realtor® since 1995
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$38,000,000 · MLS R11079617
$38,000,000
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