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$18,500,000

Beds
7
Baths
10.0
sq ft
11,799

166 W Alexander Palm Rd, Boca Raton, FL 33432

166 W Alexander Palm Rd

Boca Raton, FL 33432

  • 591 days on market
    • Price drop $2,500,000↓
Welcome to La Casa Delle Palme! This gated estate offers 150' of waterfront property overlooking the Royal Palm Waterway and the lush tropical landscape of Capone Island. The home consists of 7 bedrooms, 9 full baths, and 2 half baths throughout the 11,799 SqFt of interior living space. Amenities include a spacious waterfront patio with an infinity edge pool and spa, putting green, motor court with 2 gated entries, air conditioned 6.5 car garage, formal dining room, temperature controlled wine cellar, club room, a salt water fish tank, theatre room, and a 2 story library. Other features include an alarm system, Crestron home automation, impact glass windows & doors, a water filtration system, and a 150KW natural gas generator.

Details

Property type

Single Family Residence

Est. home value

$342,103

Lot size

0.52 acres

Price per sq ft

$1,568

Year built

2007

Annual property taxes

$142,597

Monthly HOA fee

$439

Price History

03/15/2024
Beaches

Beaches #R10876730

Price change
$18,500,000
-11.9%
01/08/2024
Beaches

Beaches #R10876730

Price change
$21,000,000
-8.7%
03/27/2023
Beaches

Beaches #R10876730

Listed
$23,000,000
+130.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$16,850,608
Asking price
$18,500,000
Closing costs (~8% of asking)
-$1,480,000
Est. remaining loan balance
-$169,392
Cash to seller
$16,850,608

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2021

Original loan amount

$183,750

Est. remaining balance

$169,392

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Roni Pollack

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/06/2024 at 9:50 PM

Listing updated: 09/30/2024 at 5:32 PM

Listed by: Matthew Stephen Quattrociocchi, Century 21 Tenace Realty Inc Phone #: (954) 755-2100

MLS: Beaches #R10876730

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