Condo Listing
Royal Palm Residences · #201
$4,450,000
495 E Royal Palm Road #201, Boca Raton, FL, 33432 · Boca Raton

495 E Royal Palm Road #201, Boca Raton, FL, 33432 · Boca Raton

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Listed HOA: $4,968 · Last reported tax: $53,587/yr
$34,392/mo
$890,000 down
Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.
NEW PRICE | Discover a rare opportunity to own a spectacular 2024-built corner residence in the exclusive 16-unit East Tower at Royal Palm Residences, one of downtown Boca Raton's most coveted luxury addresses. Situated on the second floor, this exceptional 4-bedroom, 4.5-bathroom residence offers 3,475 square feet of sophisticated living space, a private elevator entry, and an expansive wraparound terrace overlooking the Intracoastal Waterway and Silver Palm Park. Positioned in the highly desirable '01' corner stack, this residence offers an extraordinary combination of privacy, modern design, and indoor-outdoor living. The gourmet kitchen features premium Italian cabinetry, top-of-the-line appliances, and natural gas cooking, while the expansive terrace is equipped with a built-in Wolf gas barbecue grill, creating the perfect setting for entertaining. A separate den/media room provides additional flexibility, while the luxurious primary suite features a custom-built walk-in closet and an elegant en-suite bathroom with premium finishes. Custom fixtures and designer upgrades are thoughtfully incorporated throughout. The residence also includes a private 2-car garage, an exceptional convenience in luxury condominium living. Beyond the residence itself, the location is truly unmatched. Enjoy the ability to walk to Mizner Park and East Palmetto Park Road, where Boca Raton's finest restaurants, upscale boutiques, and entertainment await. The renowned Boca Raton Resort & Club and pristine beaches are just minutes away. Royal Palm Residences offers an exceptional collection of amenities, including a 24-hour doorman, valet service, heated swimming pool, state-of-the-art fitness center, private storage lockers, and an elegant club room. Newly priced and also available for annual lease at $24,900 per month. An extraordinary opportunity to own a nearly new, 2024-built corner residence combining the privacy of a boutique luxury building with the convenience of Boca Raton's most desirable walkable location.
Unit 201 has 2 MLS listing records since 2026: 1 for sale and 1 for rent.
Listed for sale at $4,450,000 (originally $4,950,000)
Listed for rent at $24,900/mo (originally $29,500/mo)
View listing B26028903Source: MLS listing records. Dates and prices are as entered by listing brokerages.
Royal Palm Residences is a completed boutique condominium of 48 residences in downtown Boca Raton, set in three nine-story buildings at 475, 485 and 495 East Royal Palm Road, at the corner of Fifth Avenue. Group P6 developed the project with RLC Architects as design architect, Zelman Style Interiors on interior customization and Suffolk Construction as general contractor. The residences have three to five bedrooms and run from about 2,425 to 7,168 square feet, including six penthouses. Developer materials describe private elevator access, European kitchens and large terraces with gas grills. Each residence gets two assigned spaces in the underground garage. Shared amenities include a fitness center, a pool with a heated spa and a club room. Royal Palm Road runs through the heart of downtown, close to Royal Palm Place, Mizner Park, the Boca Raton Resort and Club and the city's restaurants, with the beach a short drive east across the Intracoastal. Group P6 launched sales in 2020 from about $1.75 million. In 2023 it closed a $62.2 million Ocean Bank construction loan, and by then most of the residences were presold. The developer secured a temporary certificate of occupancy for the West Tower, held a grand opening in March 2024 and began closings that spring. Resales now come up only occasionally, so check the current listings and recent sales on this page, or ask to be alerted when a residence comes to market.
Floor plans and unit details are subject to change. Contact us for the most current information.
495 E Royal Palm Road #201, Boca Raton, FL, 33432