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348 E Alexander Palm Road, Boca Raton FL 33432

Lots/Land For Sale
$15,995,000

BTC: 195.71734475

ETH: 6,502.03252033

3 days
Waterfront
0 room(s)

Overview

A truly exceptional opportunity in Royal Palm Yacht & Country Club, 348 East Alexander Palm Road is a uniquely configured waterfront parcel directly across from Capone Island. Offering 116 feet of water frontage and nearly 17,000 square feet of land, the property features desirable southern exposure along the rear and beautiful Intracoastal Waterway views from the dock. Its distinctive configuration and substantial depth—approximately 85' x 186' x 116' x 158'—provide added flexibility for driveway space, outdoor living, and a custom estate design. For the avid boater, there is ample frontage to accommodate a boat with direct Intracoastal and ocean access. A rare opportunity to build your dream home in one of Boca Raton's most prestigious communities.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.39 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$4,540

Valuation

Our model vs. what's actually selling nearby.
Estimate
$999,950
$309K – $3.2M
Confidence Low
List vs. estimate
$15.0M above estimate
List $15,995,000 · +1499.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
33 MLS comparables
+ 21 public-records sales within 0.5 mi
Median actual sale: $3.8M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$116,448
2025
HOA
$4,540/yr
View
Canal, Intracoastal View
Waterfront
Canal Front, Canal Width 81-120 Feet
All facts and features
  • Property

    • Exterior Features: East Of Us1

    Lot

    • Lot: 0.39 Acres

    Other Property Information

    • Parcel Number: 06434729100010200

    • Zoning: R1A (city)

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Irrigation Water

    • Phone Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Phone Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $4,540

    • HOA Frequency: Annually

    • Annual tax amount: $116,448

  • Source details

    • MLS ID: B26086053

    Other facts

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / East Of US 1 / Less Than 1 Acre / Oversized Lot / Cleared Land / Build To Suit / Cleared

    • Direction Faces: Southeast

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 85'x186'

    • Subdivision Name: ROYAL PALM YACHT & COUNTRY,Royal Palm Yacht & C

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman