485 E Royal Palm Road # 403, Boca Raton FL 33432, BOCA RATON, FL, 33432
Active236 days on marketListed Dec 18, 2025MLS #R11148521
About this home
485 E Royal Palm Road # 403, Boca Raton FL 33432
ROYAL PALM RESIDENCES is an exclusive enclave at the very heart of Downtown Boca Raton. Just steps from Boca Raton's finest restaurants and luxury boutiques, moments over the Intracoastal bridge to the beach, and adjacent to the renowned Boca Raton Club, this location is truly unparalleled. This beautifully appointed 3 bedroom, 3.1 bath plus den features expansive terraces and embodies refined indoor-outdoor living. One of the few buildings to offer gas cooktop and built-in Wolf gas grill on the terrace, ideal for effortless entertaining. A private elevator provides direct entry into the residence. Amenities include a grand lobby with 24 hour concierge, valet service, club room, pool and spa,and a fully equipped fitness center. A perfect blending of all that Boca Raton has to offer. Some tenant light fixtures will be excluded and removed.
Facts & features
The home at a glance
3
Bedrooms
3.5
Bathrooms
2,262
Sqft
2
Garage
1986
Year built
$10
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$319 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$319/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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
$10 vs $321
Days on market
236 vs 56 typical
Where $10/sqft sits among the 400 Boca Raton actives
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 Downtown Boca
Get to know Boca Raton. See the full Boca Raton guide →
Downtown Boca — neighborhood snapshot
Population
4,248
Median age
50
Median income
$93,358
Median home value
$1,181,851
Avg household
2
Households w/ children
111
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Boca Raton market
$3.6M → $710K
Boca Raton median sold, yr/yr
93.4%
Sale-to-list ratio (12 mo)
51 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 94% below the BOCA RATON 33432 median. See the full Boca Raton market guide →
Paper trail
This home's history
Reality check
What actually sold near 485 E Royal Palm Road # 403
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$3,000,000
475 E Royal Palm Road # 506, Boca Raton FL 33432 · same community
4 bd · 4.5 ba · 2,966 sqft · $1,011/sqft · 187 DOM
Sold · Mar ’26$3,125,000
495 E Royal Palm Road # 601, Boca Raton FL 33432 · same community
4 bd · 4.5 ba · 3,458 sqft · $904/sqft · 39 DOM
Sold · Jul ’26$1,595,000
500 SE Mizner Boulevard SE # A311, Boca Raton FL 33432
3 bd · 3 ba · 2,254 sqft · $708/sqft · 115 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 485 E Royal Palm Road # 403 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 485 E Royal Palm Road # 403 — 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.
Straight answers
485 E Royal Palm Road # 403 FAQs
What would the monthly payment be for 485 E Royal Palm Road # 403, Boca Raton FL 33432?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $319/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 485 E Royal Palm Road # 403, Boca Raton FL 33432?+
The listing reports pets: No, 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 $22,000, this home is listed about 96% below the Boca Raton median of $549,900. The market section on this page shows how the area is trending.
Which schools are assigned to 485 E Royal Palm Road # 403, 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
01Under the BOCA RATON 33432 market on paper
$22,000 is 94% below the BOCA RATON 33432 median of $399,000, and at $10/sqft it sits under the Boca Raton average of $502.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Time on market is leverage
236 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 $25,000, now $22,000 — a $3K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
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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