An extraordinary opportunity to own a double lot in Royal Palm Yacht & Country Club, Boca Raton's premier luxury community. Located along the Royal Palm Waterway between the Hillsboro River and the Intracoastal Waterway, 248 and 260 W. Alexander Palm Road are offered together and encompass approximately 30,000 square feet of land with an impressive 200 feet of waterfrontage and desirable southern exposure in the rear. The existing residence, built in 2000, offers 6,524 square feet under air, six bedrooms, six-and-a-half bathrooms, a private office, and a three-car garage. Enjoy the existing home or explore the possibilities of creating a custom waterfront estate on this exceptional double lot. A rare offering in one of South Florida's most coveted communities.
Interior
Interior featuresBreakfast area, Bathtub, Dining area, Separate formal dining room, Dual sinks, Entrance foyer, Eat in kitchen, High ceilings, Kitchen island, Main level primary, Pantry, Sitting area in primary, Split bedrooms, Soaking tub, Separate shower, Bar, Walk in closets
Security featuresSecurity system owned, Security guard
PetsNo pet restrictions, Yes
Utilities and taxes
UtilitiesCable connected, Electricity connected, Natural gas connected, Sewer connected, Underground utilities, Water connected
Water sourcePublic
SewerPublic sewer
Annual property tax$228,911
Tax year2025
ZoningR1a (city)
Listing details from BeachesMLS via CoreLogic Trestle. Deemed reliable, not guaranteed.
County tax
Parcel06434729100010110
Market value$16.25M
Assessed$14.69M
HomesteadNo
Last deed$9.25M · 2021-04-20
Vs Royal Palm Yacht Club
Living $/sf on this property’s last MLS sale is $1,418. The median sold for vs other waterfront homes in Royal Palm Yacht Club is $1,853/sf — 23% below that benchmark.
Last MLS sale $9.25M (2021-04-30). Royal Palm Yacht Club 12-month median sale is $10.24M.
Palm Beach County market value $16.25M vs last MLS sale $9.25M.
No homestead on the tax roll.
Royal Palm Yacht Club sold 57 homes in 12 months · months of inventory 5.68.
These numbers are this community’s tape — not a city-wide Zestimate. Living sf = under-air.