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$11,250,000

Beds
5
Baths
7.0
sq ft
6,635

254 Fern Palm Rd, Boca Raton, FL 33432

254 Fern Palm Rd

Boca Raton, FL 33432

  • 29 days on market
254 Fern Palm Road is an exceptional 5-bedroom Signature Estate built by renowned SRD Building Corp, offering 6,635 sf of contemporary, natural glam living on a corner interior lot in the Royal Palm Yacht & Country Club. An in-ground fountain styles the modern entry to a grand foyer, bathed in natural light via a glass-paneled entry door and double-height windows. European white oak floors flow throughout. Exquisite details include the stunning, dual-tone custom kitchen cabinetry, a large porcelain kitchen island, an equipped wet bar, a temperature-controlled wine room, fully collapsing sliding glass doors, Crestron smart home tech, and a full security system.

Details

Property type

Single Family Residence

Est. home value

$11,289,372

Lot size

0.28 acres

Price per sq ft

$1,696

Year built

2021

Annual property taxes

$140,282

Monthly HOA fee

$316

Price History

08/23/2024
Beaches

Beaches #R11015012

Listed
$11,250,000
+14.8%
02/10/2022
Beaches

Beaches #R10765364

Sold
$9,800,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Wells Fargo Bank Na

Loan start date

February 2022

Original loan amount

$4,900,000

Est. remaining balance

Not provided

Interest rate

2.25%

Loan type

New Conventional, 30 year

Seller

Jeffrey A Cohen and Valerie K Cohen

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: 09/21/2024 at 9:55 AM

Listing updated: 09/16/2024 at 10:56 AM

Listed by: David Roberts, Royal Palm Properties LLC Phone #: (561) 368-6200

MLS: Beaches #R11015012

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