David Ramirez
$16,500,000$17,250,0006 bd9 ba8,815 sqft$1,872 /sqft$117,060 /mo all-in ↓

249 W Alexander Palm Road, Boca Raton FL 33432, BOCA RATON, FL, 33432

Active125 days on marketListed Apr 14, 2026MLS #B26015393

Reduced $750KWaterfrontPrivate poolSingle Family ResidenceROYAL PALM YACHT & COUNTRY,ROYAL PALM YACHT & C

About this home

249 W Alexander Palm Road, Boca Raton FL 33432

Crafted by Sarkela Corporation, 249 Alexander Palm Road is a striking waterfront estate positioned along one of Royal Palm Yacht & Country Club's most coveted streets, offering direct Intracoastal and ocean access. A gated approach reveals a commanding arrival, where marble-clad architectural elements set the tone for the level of detail carried throughout. Inside, the residence unfolds with a refined European aesthetic, defined by exceptional materials and a cohesive, contemporary design vision. Custom lighting by Terzani, curated marble selections, bespoke wall treatments, and premium European oak flooring establish a sense of continuity and quiet distinction across the interiors. Spanning 8,815 square feet, the layout is both expansive and fluid, designed to accommodate both formal entertaining and relaxed daily living. A dramatic two-story living room is anchored by a 24-foot marble fireplace, complemented by a formal dining room with a glass-enclosed wine display, a media lounge with bar, a private office, and a well-appointed kitchen featuring cabinetry by Duccini Milano. The primary suite occupies a private position on the upper level, offering a generous sitting area facing the water, along with dual baths and dressing rooms designed for comfort and privacy. Outdoor spaces are also considered, with manicured grounds framing a covered summer lounge, an outdoor kitchen, a linear fireplace, and an infinity-edge pool with an integrated spa and a sun shelf. Furnishings curated by designer Raquel Mothe enhance the home's architectural clarity and material palette. A private deep-water dock, finished with marble decking and equipped with power and water, accommodates large vessels and provides immediate access to open water. This residence is designed for those who value precision, scale, and a seamless waterfront lifestyle.

Facts & features

The home at a glance

6

Bedrooms

9

Bathrooms

8,815

Sqft

0.34 ac

Lot size

4

Garage

2018

Year built

2

Levels

$1,872

Per sqft

Private poolWaterfrontCanal & Garden & Pool & Water & Canal View viewPets allowed

Inside

FlooringTile · Wood
AppliancesDishwasher · Disposal · Dryer · Free-Standing Freezer · Microwave · Electric Range · Refrigerator · Self Cleaning Oven · Wall Oven · Washer
InteriorBar · Built-in Features · Cooking Island · Elevator · Entrance Foyer · French Doors · Pantry · Stacked Bedroom · Volume Ceilings · Walk-In Closet(s) · Wet Bar · Family Room · Great Room · Separate Guest/In-Law Quarters · Maid/In-Law Quarters · Maid'S Quarters · Utility Room/Laundry
LaundryLaundry Room · Utility Room/Laundry
CoolingCentral Air
HeatingCentral

Outside & construction

RoofOther Roof/Roof Structure · Tile · Other · Tile Roof
ConstructionConcrete Block Construction · CBS Construction
ViewCanal · Garden · Pool · Water · Canal View
FacesSouth
Parking2 Or More Spaces · Circular Driveway · Driveway · Parking Garage
ExteriorEast Of Us1 · Built-In Grill

Community & fees

HOA fee$378/mo
Taxes (2025)$255,618/yr
PetsYes
CommunityBuyer Approval Required · Mandatory Hoa · None · Security Patrol

Utilities & systems

UtilitiesCable Connected · Sewer Connected · Water Connected · Cable Available · Sewer Available · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$117,060 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$89,033
PMI (est., until 20% equity)$6,188
Property tax — 2025 actual bill$21,302
HOA fee — from the listing$378
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $1,650,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $1,650,000
Interest rate6.00%
Loan term

Estimated payment

$117,060/mo

Principal & interest$89,033
PMI (est., until 20% equity)$6,188
Property taxes (actual bill)$21,302
HOA / condo fee$378
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Boca Raton actives

$1,872 vs $317

Days on market

125 vs 56 typical

Where $1,872/sqft sits among the 400 Boca Raton actives

267
56
35
17
7
18 · this home
$141–429$429–718$718–1006$1006–1295$1295–1583$1583+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Royal Palm Yacht And Country Club

Map of 249 W Alexander Palm Road, Boca Raton FL 33432 inside its neighborhood boundary

Get to know Boca Raton. See the full Boca Raton guide →

Royal Palm Yacht And Country Club — neighborhood snapshot

Population

1,039

Median age

57

Median income

$192,875

Median home value

$2,000,000

Avg household

2

Households w/ children

74%

For the school run

Palm Beach County School District

ElementaryBoca Raton Elementary School★★★★★
MiddleBoca Raton Community Middle School★★★★★
HighBoca Raton Community High School★★★★
HighGlades Construction Academy At West Technical

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Boca Raton market

Seller’s marketLeans buyer9.1 months of inventoryBuyer’s market

$3.6M$710K

Boca Raton median sold, yr/yr

93.4%

Sale-to-list ratio (12 mo)

52 of 400

Boca Raton actives have cut their price

Median sold price, Boca Raton, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 4035% above the BOCA RATON 33432 median. See the full Boca Raton market guide →

Paper trail

This home's history

CurrentPrice reduced to $16,500,000 $750K
Apr 14, 2026Listed at $17,250,000 · 125 days on market since
2018Built · ROYAL PALM YACHT & COUNTRY,ROYAL PALM YACHT & C

Reality check

What actually sold near 249 W Alexander Palm Road

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1831 Sabal Palm Drive, Boca Raton FL 33432Sold · Mar ’26

$17,150,000

1831 Sabal Palm Drive, Boca Raton FL 33432 · same community

6 bd · 7.5 ba · 8,685 sqft · $1,975/sqft · 49 DOM

437 S Maya Palm Drive, Boca Raton FL 33432Sold · Apr ’26

$3,500,000

437 S Maya Palm Drive, Boca Raton FL 33432 · same community

6 bd · 8.5 ba · 7,237 sqft · $484/sqft · 88 DOM

2498 Queen Palm Road, Boca Raton FL 33432Sold · Feb ’26

$11,250,000

2498 Queen Palm Road, Boca Raton FL 33432 · same community

6 bd · 8.5 ba · 7,202 sqft · $1,562/sqft · 42 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 249 W Alexander Palm Road — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 249 W Alexander Palm Road — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Straight answers

249 W Alexander Palm Road FAQs

What would the monthly payment be for 249 W Alexander Palm Road, Boca Raton FL 33432?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $117,060/mo — principal and interest, the actual property-tax bill, the $378/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 249 W Alexander Palm Road, Boca Raton FL 33432?+

The association fee works out to $378 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 249 W Alexander Palm Road, Boca Raton FL 33432?+

The most recent tax bill on record (2025) was $255,618. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 249 W Alexander Palm Road, Boca Raton FL 33432?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Boca Raton?+

At $16,500,000, this home is listed about 2900% above the Boca Raton median of $549,950. The market section on this page shows how the area is trending.

Which schools are assigned to 249 W Alexander Palm Road, Boca Raton FL 33432?+

Boca Raton Elementary School (elementary), Boca Raton Community Middle School (middle), Boca Raton Community High School (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$16,500,000 runs 4035% above the BOCA RATON 33432 median — but at 8,815 sqft it's also nearly 6 times the size of the typical Boca Raton listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

125 days on market against a Boca Raton median of 56 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Boca Raton Elementary School, Boca Raton Community Middle School, Boca Raton Community High School, Glades Construction Academy At West Technical — Boca Raton Community High School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $17,250,000, now $16,500,000 — a $750K cut. The full history is in the market section below.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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