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$21,000,000
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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. 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.
Full Property Details
Full Property Details for 298 W Key Palm Rd
General
- Sold For: $21,000,000
- HOA FEE: $346/month
- Taxes: $301,292 (2025)
- Status: Closed
- Type: Single Family
- Source: Regional
- MLS ID: R11037462
- Added to Site: 473 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Wet Bar, Built-in Features, Breakfast Area, Bathtub, Central Vacuum, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, High Ceilings, Main Level Primary, Multiple En Suite Bathrooms, Pantry, Sitting Area in Primary, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Ice Maker, Oven, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 8
- Half Bathrooms: 2
- Main Floor Baths: 6
Bedrooms
- Total Bedrooms: 6
- Bedrooms Main: 2
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
- Security/Safety: Security Guard
Exterior
- Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
- Porch/Patio/Deck: Covered, Open, Patio, Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 5
- Covered Spaces: 5
- Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener
Location
- County: Palm Beach
- Subdivision: ROYAL PALM YACHT & COUNTRY CLUB SUB
- Driving Directions: Royal Palm Yacht & Country Club
- Direction Faces: North
School Information
- Elementary School: Boca Raton
- Middle School: Boca Raton Community
- High School: Boca Raton
Community
- Community Name: 4190
- Association: Yes
- Assoc. Fees Include: Common Areas
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Zoned
- Heating Type: Central, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Colonial
- Construction: Block, Concrete
- Entry Location: Entry Level Living Area Y
- Stories/Levels: 2
- Building Size: 15813
- Square Feet: 11,471
- Living Area: 11,471 Sq. Ft.
- Year Built: 2022
- Property Condition: Resale
Lot Features
- Property View: Canal, Garden, Pool
- Lot Size (Acres): 0.61
- Lot Size (Sq. Ft.): 26,571.6
- Lot Dimensions: 88' x 199' x 166' x 175'
- Lot Features: Corner Lot, Sprinklers Automatic
- Zoning: R1A(ci
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front, Ocean Access
- Water Front View: Canal Front, Ocean Access
Financial Considerations
- Association Fee: $346
- Assoc Fee Freq.: Monthly
- Tax Amount: $301,292
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ROYAL PALM YACHT & COUNTRY CLUB SUB LOT 14 BLOCK 3
- Property ID: 6434729100030140
Listed and Sold by Royal Palm Properties LLC
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Schools
Schools serving 298 W Key Palm Rd
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Boca Raton Elementary School 103 Southwest 1st Avenue, Boca Raton, FL 33432 | K-5 | 1.7 mi |
Boca Raton Community Middle School 1251 Northwest 8th Street, Boca Raton, FL 33486 | 6-8 | 3 mi |
Boca Raton Community High School 1501 Northwest 15th Court, Boca Raton, FL 33486 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 298 W Key Palm Rd
Date
Details
Price
Change
Source
2/27/2026
Sold
$21,000,000
-14.29%
MLS
10/20/2025
Price Increased
$24,500,000
2.3%
MLS
6/16/2025
Price Reduced
$23,950,000
-6.08%
MLS
11/15/2024
Listed
$25,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
298 W Key Palm Road, Boca Raton, FL 33432 (MLS# R11037462) is a Single Family property that was sold at $21,000,000 on February 27, 2026. Want to learn more about 298 W Key Palm Road? Do you have questions about finding other Single Family real estate for sale in Boca Raton? You can browse all Boca Raton real estate or contact a Coldwell Banker agent to request more information.

