495 E Royal Palm Road, #402, Boca Raton, FL, 33432 | $3,245,000

Best Value! Discover unparalleled luxury in this newly 4 bedroom and 4 and a half baths with over 3, 400+ square-feet, nestled in the heart of vibrant downtown Boca Raton. Walk to the Beach, world-class dining, lush parks, and the iconic Boca Raton Resort, this condo places the best of Boca Raton at your doorstep. Unwind on the expansive 1, 300 square-foot covered patio, where east- and south-facing vistas offer spectacular sunrise views over the shimmering Intracoastal waterway. 24 hour security and concierge services, as well as the state of the art fitness center. No better way to relax then at a resort style pool and host gatherings in the elegant clubroom. Enjoy 24 hour valet parking and the convenience of two reserved parking spaces in a secure, covered garage. Easy to show! Call now! Spectacular Brand-New Downtown Boca Raton Condo Discover unparalleled luxury in this never-lived-in, expansive 3, 400+ square-foot condominium, nestled in the heart of vibrant downtown Boca Raton. This architectural masterpiece offers a seamless blend of sophistication, comfort, and convenience, with every detail designed to elevate your lifestyle. Key Features: · Spacious Elegance: Boasting 4 generously sized bedrooms and 4. 5 exquisitely appointed bathrooms, this residence provides ample space for relaxation and entertaining. All bedroom closets are meticulously finished, with the master suite featuring two closets, including a large custom walk-in closet for ultimate organization and luxury. · Prime Location: Steps from pristine beaches, world-class dining, lush parks, and the iconic Boca Raton Resort, this condo places the best of Boca Raton at your doorstep. Enjoy a short walk to Palmetto Park Beach and Boca Raton State Beach Parks, perfect for sun-soaked days by the ocean. Stroll to your favorite restaurant or explore scenic surroundings with ease. · Breathtaking Views: Unwind on the expansive 1, 300 square-foot covered patio, where east- and south-facing vistas offer spectacular sunrise views over the shimmering Intracoastal Waterway and the lush grounds of The Boca Raton Resort, creating a serene backdrop for morning coffees or evening gatherings. · Luxurious Interiors: Revel in high-end finishes, including gleaming hardwood floors, custom cabinetry, and a chef-inspired kitchen with top-of-the-line stainless steel appliances, quartz countertops, and a spacious island perfect for culinary creations. · Smart Home Technology: Seamlessly control lighting, climate, and security with integrated smart home systems, offering convenience and modern sophistication. · Private Elevator Access: Step directly from your private elevator into the elegance of your residence, ensuring unmatched privacy and convenience. · Unmatched Amenities: 24-Hour Security: Peace of mind with round-the-clock protection and concierge services. 24-Hour Secure Valet Parking: Enjoy hassle-free, secure parking with professional valet service available around the clock. State-of-the-Art Fitness Center: Stay active with top-tier equipment and dedicated yoga space. Resort-Style Pool: Dive into relaxation with a sparkling pool oasis surrounded by lush landscaping. Elegant Clubroom: Entertain in style in a sophisticated space featuring a grand piano, ideal for intimate gatherings or musical soirées. Private Parking: Enjoy the convenience of two reserved parking spaces in a secure, covered garage. · Move-In Ready: This pristine, never-occupied condo awaits your personal touch, offering a blank canvas for your dream home. Why You'll Love It: Imagine stepping out of your private elevator into a world of luxury, waking to the gentle glow of sunrise over the Intracoastal, and savoring the coastal breeze from your sprawling 1, 300 square-foot patio. Just moments from Boca Raton's finest beaches and attractions, whether you're hosting friends in the luxurious clubroom, preparing a gourmet meal in your state-of-the- art kitchen, or organizing your wardrobe in the custom walk-in closet, this condo offers the perfect balance of tranquility and excitement.

Features

  • Parking: Assigned, Deeded, Under Building, Garage, Attached Garage
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Levels: 9
  • Amenities: Elevator(s), Fitness Center, Jogging Path, Management, Park, Parking, Pool, Spa/Hot Tub, Manager On Site, Bike Storage, Sidewalks
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Laundry Closet, Inside
  • Complex: ROYAL PALM RESIDENCES
  • Development: ROYAL PALM RESIDENCES
  • Year Built: 2024
  • Common Charge: $3,970 Monthly
  • Approx Sq. Feet: 3,428
  • Est. Taxes: $40,000
  • Lot Desc: Corner Lot, Sidewalks
  • View: Intracoastal
  • Elem. School: Boca Raton
  • Middle School: Boca Raton Community
  • High School: Boca Raton
  • Pet Policy: Yes, Number Limit, Size Limit
  • Appliances: Electric Water Heater, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
  • MLS#: R11132904
  • Website: https://www.raveis.com
    /prop/R11132904/495eroyalpalmroad_bocaraton_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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495 E Royal Palm Road, #402, Boca Raton, FL, 33432

$3,245,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,596,000 $2,596,000 $2,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.385% 6.223%
Monthly Tax Payment $3,333 $3,333 $3,333
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,564 $15,984 $21,907
Total Monthly Payment $19,022 $19,442 $25,365

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.