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298 W Key Palm Road, Boca Raton, FL 33432 (MLS# R11037462)


$21,000,000
298 W Key Palm Road
Boca Raton, FL 33432
MLS# R11037462
Status: Closed
6 beds  |  10 baths  |  15813 sqft

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Property Description
Immerse yourself in unparalleled luxury with this extraordinary furnished waterfront estate by SRD Building Corp. Spanning over 11,400 square feet of refined living space, this six-bedroom, eight full and two half-bathroom home is on 166 feet of deep-water frontage, offering a yacht-ready dock and southern exposure. A stunning waterfall wall fountain sets the tone as you enter the dual-entrance motor court driveway. The first-floor owner's wing is a private sanctuary with His & Her spa-like bathrooms, a dedicated wellness/gym with a full spa bath and steam shower, and a tranquil sitting room. For car enthusiasts, showroom-style garages with glass walls provide a striking display for your collection enjoyed from the private study.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2024-11-15
Status: Closed
Original List Price: 25500000
Sold Price: $21,000,000
Current Price: $21,000,000
Location and Legal
Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 298
Street Direction Prefix: W
Street Name: Key Palm
Street Suffix: Road
City Name: Boca Raton
State Or Province: FL
Postal Code: 33432
Postal Zip: 33432
Subdivision Name: ROYAL PALM YACHT & COUNTRY CLUB SUB
Area: 4190
Geographic Area: PB02
Elementary School: Boca Raton
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Special Assessment YN: No
Parcel Number: 06434729100030140
Zoning: R1A(ci
Directions: Royal Palm Yacht & Country Club
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 6
Bathrooms Total: 10
Bathrooms Full: 8
Bathrooms Half: 2
Building Area Main: 15813
Building Area Source: Builder
Living Area Main: 11471
Year Built: 2022
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 5
Covered Spaces: 5
Gated Community YN: No
Lot Size Area: 26728
Lot Size Acres: 0.61
Lot Size Dimensions: 88'x199'x166'x175'
Frontage Length: 166
Senior Community YN: No
Waterfront YN: 1
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: North
Pool Private YN: Yes
Furnished: Furnished
Financial Information
Association YN: 1
Association Deposit YN: No
Association Fee: 345.83
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Association Phone: (561) 393-6766
Association Website: www.rpia.net
Membership Fee Required YN: No
Tax Annual Amount: 301292
Tax Year: 2025
Tax Legal Description: ROYAL PALM YACHT & COUNTRY CLUB SUB LOT 14 BLOCK 3
Remarks and Miscellaneous
Public Historical Remarks: Boat Services:Private Dock Y
Status Change Information
Major Change Timestamp: 2026-02-27T15:59:18Z
Major Change Type: Status Change
Price Change Timestamp: 2025-10-20T17:36:09Z
Status Change Date: 2026-02-27
Under Contract Date: 2026-02-12
Close Date: 2026-02-27
Close Price: 21000000
Buyer Financing: Cash
Application Fee Details
Application Fee Required: Yes
Application Fee: 2000
Entry Information
Entry Location: Entry Level Living Area Y
Short Sale Details
Short Sale Addendum: No
Boat and Dock Information
Dock: Yes
Main Level Rooms
Main Level Bathrooms: 6
Main Level Bedrooms: 2
Storm Protection
Impact Glass: Complete
Permanent Generator: Whole House
Room Types
Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Bedroom 4 Level: Upper
Bedroom 5 Level: Upper
Den Level: Main
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Other Level: Main
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 1830.7
Original List Price To Close Price: 1.21
Originating Details
Originating System Key: 20241122225532551024000000
Originating System ID: M00000170
Property Features
Application Information: Personal Interview Required
Association Fee Includes: Common Areas
Dining Area: Breakfast Area; Formal Dining
Exterior Features: Built-in Barbecue; Outdoor Shower; Summer Kitchen
Flooring: Wood
Parking Features: Circular Driveway; Garage Door Opener; Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Oven; Refrigerator; Washer
Architectural Style: Colonial
Boat and Dock Features: Private Dock
Construction Materials: CBS; Second/Third Floor Concrete
Cooling: Central Air; Zoned
Association Type: Homeowner Association
Heating: Central; Zoned
Interior Features: Bar; Built-in Features; Cabana Bath; Central Vacuum; Elevator; Entrance Foyer; High Ceilings; Kitchen Island; Pantry; Upstairs Living Area; Walk-In Closet(s); Wet Bar
Laundry Features: Inside
Levels: Multi/Split
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Pool Features: In Ground
Possession: Close Of Escrow; Negotiable
Restrictions: Buyer Approval Required; Lease Restrictions; No Corporate Buyer
Other Leasing Restrictions: Tenant Approval
Road Frontage Type: East of US-1
Security Features: Security Patrol
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Tax Information: City/County
Unit Description: Corner/End Unit
Utilities: Natural Gas Available; Sewer Available; Water Available
View: Garden; Pool
Water Access: Ocean Access
Water Source: Public
Water View: Canal
Waterfront Features: Canal Front
Showing Requirements: 24 Hour Notice; Appointment Only; Occupied; Schedule Online
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Covered; Balcony - Open
Patio Details: Patio - Covered
Contingencies: None
Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Family Room; Kitchen; Laundry; Living Room; Master Bedroom; Other
Acreage Description: 1/2 To Less Than 1 Acre Lot
Supplements
Designed by P&H Interiors for grand-scale entertaining, the sleek clubroom features a bar, billiards area, and a glass-enclosed wine room. The chef's kitchen, outfitted with premium appliances and a spacious eat-in dining area, ensures a culinary experience to match the home's sophistication. Outdoors, the resort-grade backyard is an expansive private oasis boasting a pool, spa, turf yards, and a tremendous covered terrace, perfectly oriented to capture the sun-soaked southern exposure. Cutting-edge Crestron smart-home technology and advanced security systems ensure effortless living at the highest level of convenience and safety. This exceptional residence is a rare opportunity to own a true masterpiece of modern luxury.
Room Information
Room Name Length Width Level
Living Room28.0020.40Main
Kitchen18.8017.10Main
Master Bedroom25.8018.00Main
Den17.0015.20Main
Bedroom 218.2016.00Upper
Bedroom 318.2015.00Upper
Bedroom 419.0015.80Upper
Bedroom 517.0016.00Upper
Other21.0017.60Main
Family Room
Laundry

IDX
Listing Office: Royal Palm Properties LLC
Source MLS Verified

Last Updated: August - 11 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.


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