121 Royal Palm Way, Boca Raton, FL 33432 — MLS photo

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121 Royal Palm Way, Boca Raton, FL 33432

Active · SingleFamilyResidence

$8,795,000

121 Royal Palm Way, Boca Raton, FL 33432

Beds
6
Baths
7
Living area
7,557 sq ft
$ / sq ft
$1,164/sq ft
Year built
2007
Lot size
15,545 sq ft
HOA fee
$4,540 Annually
Annual tax
$77,045

About this property

Beyond the gates of a private motor court, this six-bedroom golf course estate offers a lifestyle defined by elegance, privacy, and sweeping views of the Jack Nicklaus Signature Course. From the moment you arrive, the sense of quiet prestige is undeniable. Inside, light pours into the soaring two-story living room, where walls of glass dissolve the boundary between indoors and out. The chef's kitchen, outfitted with professional-grade appliances, becomes the heart of the home—its open layout flowing seamlessly into a sunlit dining space where conversations linger late into the evening by the two-sided fireplace. Step outside to an expansive terrace designed for effortless entertaining, a summer kitchen ready for a sunset dinner party, and a custom heated pool and spa with a sun shelf where loungers drift just above the waterline. Here, mornings begin with coffee in the breeze, and afternoons melt into golden light. The primary suite is your sanctuary. The suite has a spa-inspired bath, dual boutique-style closets, and a private covered balcony. Every detail speaks to elegance and ease, from whole-home smart technology and natural gas service to an elevator. This is not simply a home; it's a daily experience of comfort, security, and beauty.

Property location

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121 Royal Palm Way, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
6
Bathrooms
7
Living area
7,557 sq ft
Flooring
Hardwood, Marble, Wood
Appliances
Some Gas Appliances, Dryer, Dishwasher, Freezer, Gas Range, Ice Maker, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Wet Bar, Built In Features, Breakfast Area, Bathtub, Dual Sinks, Entrance Foyer, Family Dining Room, Garden Tub Roman Tub, High Ceilings, Kitchen Island, Sitting Area In Primary, Shower Only, Upper Level Primary, Bar, Walk In Closets, Elevator, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2007
Stories
2
Lot size
15,545 sq ft
Architectural style
Garden Apartment, Split Level
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Outdoor Grill, Patio
Pool
Heated, Pool
Spa
Heated
View
Golf Course, Garden, Pool

Parking

Garage spaces
4
Covered spaces
4
Parking features
Attached, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$4,540 Annually
Fee inclusions
Common Area Maintenance, Security
Amenities
Elevators, None, Pool, Security
Security
Security Guard
Pets allowed
No
Annual tax
$77,045
Subdivision
ROYAL PALM YACHT & COUNTRY
County
Palm Beach
Days on market
430
MLS listing ID
R11116099
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$19,612

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.6%
Gross yield
5.2%
Mortgage payment
$41,693/mo
Down payment
$2,198,750
Loan amount
$6,596,250
Annual NOI
$264,975

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.