21579 Cartagena Dr, Boca Raton, FL 33428 — MLS photo

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21579 Cartagena Dr, Boca Raton, FL 33428

Active · SingleFamilyResidence

$12,000,000

21579 Cartagena Dr, Boca Raton, FL 33428

Beds
4
Baths
7
Living area
10,471 sq ft
$ / sq ft
$1,146/sq ft
Year built
2002
Lot size
219,107 sq ft
HOA fee
$1,000 Annually
Annual tax
$72,730

About this property

ICONIC WEST BOCA PRIVATE ESTATE — A RARE 5+ ACRE LEGACY PROPERTY. An extraordinary opportunity to acquire one of West Boca Raton’s most distinctive private compounds, offering an exceptional combination of scale, privacy, luxury, and lifestyle. Set on over 219,000 SF of land, this impressive estate encompasses 10,471 SF of living space with grand architectural details, including a dramatic marble foyer and double wraparound staircase. The expansive residence features elegant formal spaces, a generous family room, chef’s kitchen, and an exceptional primary suite. Beyond the main residence, the estate delivers a true resort lifestyle with a spectacular pool and spa, private tennis courts, horse stables, beautifully landscaped grounds, and additional guest accommodations. This is more than a luxury residence—it is a private compound designed for those who demand space, discretion, and an extraordinary lifestyle. A rare offering in prestigious West Boca with the land, scale, and amenities to create a true legacy estate. Offered AS-IS. Buyer and buyer’s agent are responsible for independent due diligence regarding property condition, zoning, land use, permitted uses, improvements, and any future development possibilities.

Property location

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21579 Cartagena Dr, Boca Raton, FL 33428

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Facts & features

Interior

Bedrooms
4
Bathrooms
7
Living area
10,471 sq ft
Flooring
Marble
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Other, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Electric
Heating
Electric
Interior features
Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Entrance Foyer, First Floor Entry, Kitchen Island, Kitchen Dining Combo, Custom Mirrors, Pantry, Sitting Area In Primary, Separate Shower, Upper Level Primary, Walk In Closets

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2002
Lot size
219,107 sq ft
Architectural style
Detached, Two Story
Roof
Shake, Spanish Tile, Wood
Construction
Brick, Block
Exterior features
Balcony, Fence, Fruit Trees, Lighting, Porch, Patio, Tennis Courts
Pool
In Ground, Pool
View
Pool, Tennis Court

Parking

Garage spaces
3
Covered spaces
3
Parking features
Circular Driveway, Garage Door Opener

HOA, Community & Financials

Association fee
$1,000 Annually
Security
Smoke Detectors
Pets allowed
Yes
Annual tax
$72,730
Subdivision
BOCA GRANDE
County
Palm Beach
Days on market
177
MLS listing ID
A11978635
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

-$23,367

Cap rate
3.4%
Net yield
3.4%
Cash-on-cash return
-8.3%
Gross yield
5.2%
Mortgage payment
$56,886/mo
Down payment
$3,000,000
Loan amount
$9,000,000
Annual NOI
$402,232

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