Browse Properties

Advanced Search

298 W Key Palm Road, Boca Raton, FL 33432

$21,000,000

Virtual Tour

https://my.matterport.com/show/?m=4eVbDpHDmK9

Property Type: Residential Bedrooms: 6 Baths: 10 Square Footage: 15,813 Lot Size (sq. ft.): 26,572 Status: Closed

Current Price: $21,000,000 List Date: 11/15/2024 Last Modified: 2/27/2026

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.

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.

More Information MLS# R11037462

Contract Information

Comp Sale YN: No Listing Contract Date: 2024-11-15 Status: Closed Original List Price: 25500000 Sold Price: $21,000,000 Current Price: $21,000,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Boca Raton Postal Zip: 33432 Geographic Area: PB02 Special Assessment YN: No Country: United States Street Number: 298 Street Direction Prefix: W Street Name: Key Palm Street Suffix: Road State Or Province: FL Postal Code: 33432 Subdivision Name: ROYAL PALM YACHT & COUNTRY CLUB SUB Area: 4190 Elementary School: Boca Raton Middle Or Junior School: Boca Raton Community High School: Boca Raton Parcel Number: 06434729100030140 Zoning: R1A(ci Directions: Royal Palm Yacht & Country Club

General Property Information

Living Area Main: 11471 Lot Size Dimensions: 88'x199'x166'x175' Gated Community YN: No Lot Size Area: 26728 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Furnished Stories Total: 2 Stories: 2 Pool Private YN: Yes 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 Year Built: 2022 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 5 Covered Spaces: 5 Lot Size Acres: 0.61 Frontage Length: 166 Waterfront YN: 1 Direction Faces: North

Financial Information

Association Deposit YN: No Application Required YN: Yes Association Membership: Mandatory Association Phone: (561) 393-6766 Association Website: www.rpia.net Membership Fee Required YN: No Association YN: 1 Association Fee: 345.83 Association Fee Frequency: Monthly 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

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash 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

Application Fee Details

Application Fee Required: Yes Application Fee: 2000

Application Information

Personal Interview Required: 1

Amenities

None: 1

Association Fee Includes

Common Areas: 1

Dining Area

Breakfast Area: 1 Formal Dining: 1

Entry Information

Entry Location: Entry Level Living Area Y

Exterior Features

Built-in Barbecue: 1 Outdoor Shower: 1 Summer Kitchen: 1

Flooring

Wood: 1

Parking Features

Circular Driveway: 1 Garage Door Opener: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1 Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

View

Garden: 1 Pool: 1

Heating

Central: 1 Zoned: 1

Sprinkler Description

Auto Sprinkler: 1

Unit Description

Corner/End Unit: 1

Water Access

Ocean Access: 1

Water View

Canal: 1

Appliances

Dishwasher: 1 Dryer: 1 Free-Standing Freezer: 1 Gas Range: 1 Ice Maker: 1 Oven: 1 Refrigerator: 1 Washer: 1

Construction Materials

CBS: 1 Second/Third Floor Concrete: 1

Interior Features

Bar: 1 Built-in Features: 1 Cabana Bath: 1 Central Vacuum: 1 Elevator: 1 Entrance Foyer: 1 High Ceilings: 1 Kitchen Island: 1 Pantry: 1 Upstairs Living Area: 1 Walk-In Closet(s): 1 Wet Bar: 1

Laundry Features

Inside: 1

Levels

Multi/Split: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Corner Lot: 1

Pool Features

In Ground: 1

Road Frontage Type

East of US-1: 1

Security Features

Security Patrol: 1

Water Source

Public: 1

Waterfront Features

Canal Front: 1

Architectural Style

Colonial: 1

Boat and Dock Information

Dock: Yes

Boat and Dock Features

Private Dock: 1

Cooling

Central Air: 1 Zoned: 1

Association Type

Homeowner Association: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Occupied: 1 Schedule Online: 1 See Remarks: 1

Main Level Rooms

Main Level Bathrooms: 6 Main Level Bedrooms: 2

Master Bedroom/Bath

2 Master Baths: 1 Master Bdrm - Ground: 1 Master Bdrm - Sitting: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Restrictions

Buyer Approval Required: 1 Lease Restrictions: 1 No Corporate Buyer: 1

Other Leasing Restrictions

Tenant Approval: 1

Storm Protection

Impact Glass: Complete Permanent Generator: Whole House

Tax Information

City/County: 1

Occupant Details

Owner Occupied: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Patio: 1

Balcony Details

Balcony - Covered: 1 Balcony - Open: 1

Patio Details

Patio - Covered: 1

Contingencies

None: 1

Room Types

Bedroom 2: 1 Bedroom 2 Level: Upper Bedroom 3: 1 Bedroom 3 Level: Upper Bedroom 4: 1 Bedroom 4 Level: Upper Bedroom 5: 1 Bedroom 5 Level: Upper Den: 1 Den Level: Main Family Room: 1 Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Main Other: 1 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

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

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; See Remarks Occupant Details: Owner Occupied 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

Room Information

Living Room Length: 28.00 Length: 28.00 Width: 20.40 Width: 20.40 Level: Main Kitchen Length: 18.80 Length: 18.80 Width: 17.10 Width: 17.10 Level: Main Master Bedroom Length: 25.80 Length: 25.80 Width: 18.00 Width: 18.00 Level: Main Den Length: 17.00 Length: 17.00 Width: 15.20 Width: 15.20 Level: Main Bedroom 2 Length: 18.20 Length: 18.20 Width: 16.00 Width: 16.00 Level: Upper Bedroom 3 Length: 18.20 Length: 18.20 Width: 15.00 Width: 15.00 Level: Upper Bedroom 4 Length: 19.00 Length: 19.00 Width: 15.80 Width: 15.80 Level: Upper Bedroom 5 Length: 17.00 Length: 17.00 Width: 16.00 Width: 16.00 Level: Upper Other Length: 21.00 Length: 21.00 Width: 17.60 Width: 17.60 Level: Main Family Room Laundry

Listing Office: Royal Palm Properties LLC

Last Updated: February - 27 - 2026

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

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.