tomo logo

$40,000,000

Beds
6
Baths
8.5
sq ft
10,660

372 E Alexander Palm Rd, Boca Raton, FL 33432

372 E Alexander Palm Rd

Boca Raton, FL 33432

  • 173 days on market
Introducing an exquisite Intracoastal Signature Estate by SRD Building Corp, nestled within Boca Raton's most prestigious community, the Royal Palm Yacht & Country Club. This premier property rests on an oversized lot and offers unparalleled luxury and sophistication. Its southeast exposure provides breathtaking views with 124 feet of water frontage, a private dock overlooking the serene Intracoastal waterway, and captivating Capone Island nature preserve. Designed for the modern homeowner, the residence features a fully integrated Crestron smart-home system, ensuring effortless control of daily living. The estate spans over 10,600 square feet and boasts 6 luxurious bedroom suites,

Details

Property type

Single Family Residence

Est. home value

$30,040,769

Lot size

0.56 acres

Price per sq ft

$3,753

Year built

2022

Annual property taxes

$255,860

Monthly HOA fee

$316

Price History

04/02/2024
Beaches

Beaches #R10974002

Listed
$40,000,000
+42.86%
02/15/2023
Beaches

Beaches #R10810048

Sold
$28,000,000
+273.33%
01/26/2021
Beaches

Beaches #R10687429

Sold
$7,500,000

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

Midfirst Bank

Loan start date

October 2020

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

3.11%

Loan type

Future Advance Clause / Open End Mortgage, 30 year

Seller

Peter R Norden and Barbara R Norden

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: 09/22/2024 at 6:25 PM

Listing updated: 09/02/2024 at 2:51 AM

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

MLS: Beaches #R10974002

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