The $11 million average sale price attached to Royal Palm Yacht and Country Club is real, and it is also the least useful single number you can know about the community. It is a trailing twelve-month average from early 2025 that blends a $4 million original ranch on a dry lot with a $75 million point-lot estate on the Intracoastal. Nobody buys the average. They buy a specific lot type inside a 450-acre community that contains at least three distinct markets, and the gap between those markets is the whole story.
We are Steven, Elliot, and Wendy Koolik. We have represented buyers and sellers in Boca Raton’s waterfront and club communities for more than three decades. This guide takes the headline figure apart: where it comes from, what the same data reads today, why the median sits far below it, what the record sales actually tell you, and how to price or bid on a Royal Palm home without being misled by an average.
The Quick Take
- The widely quoted figure: 48 sales in the twelve months ending early 2025, average asking price about $12.2 million, average selling price about $11 million, roughly $2,235 per square foot of living area (Echo Fine Properties community data).
- The same rolling window read in August 2026: 48 sales, average asking $13.57 million, average selling $12.47 million, 92 percent of list, an average of more than 214 days to sell, 27 active listings (BEX Realty, BeachesMLS data).
- The median tells a different story: $7.7 million for the three months ending June 2026, down 14.5 percent year over year, with a median 135 days on market and 50.8 percent of listings taking a price cut (Redfin).
- The record: 2500 E Maya Palm Drive closed at $75 million on May 20, 2026, more than double the prior Boca Raton record, and the most expensive home sale in the United States that month.
- Inside the gate there are three markets, in the words of the community’s most prolific builder: golf, waterfront, and interior. Lot type, not square footage, sets the price tier.
- Club membership is optional and by nomination. The only mandatory community cost is the Royal Palm Improvement Association fee, reported at $4,150 per lot per year, and the association reports never having levied an assessment.
Thinking About Buying or Selling in Royal Palm?
We price to the tier, not to the average. Ask us what the last comparable sale on your lot type actually closed at.
Contact The Koolik GroupWhere the $11 Million Number Comes From
The figure most often repeated about Royal Palm traces to a community data page published by Echo Fine Properties covering the twelve months ending in early 2025. It reported 48 closed sales, an average asking price of approximately $12.2 million, an average selling price of approximately $11 million, and an average of about $2,235 per square foot. Our own community guide restates those numbers. They are the figures Echo published for that window.
The same kind of rolling twelve-month module, read from BeachesMLS data in August 2026, now shows a higher average and a slower market. And a median from a different source shows something lower. All three are correct. They measure different things.
| Figure | Value | Window | Source |
|---|---|---|---|
| Average selling price | ~$11,000,000 (48 sales; avg asking ~$12.2M; ~$2,235/sf living area) | 12 months to early 2025 | Echo Fine Properties community data |
| Average selling price | $12,472,183 (48 sales; avg asking $13,567,063; 92% of list; 214+ days; $1,312/sf total area; 27 active listings) | 12 months to August 2026 | BEX Realty, BeachesMLS data |
| Median sale price | $7,697,322, down 14.5% year over year; 13 sales in June; median 135 days on market; 91.9% sale-to-list; 50.8% of listings with a price drop | 3 months to June 2026 | Redfin |
| Boca Raton luxury single-family, top 10% | Average $6,938,037; median $4,900,000; $876/sf; 106 days on market; 9.6 months of supply; entry threshold $2,975,000 | Q2 2025 | Elliman Report (Miller Samuel) |
Sources: Echo Fine Properties Royal Palm Yacht and Country Club community page (early 2025 data); BEX Realty Royal Palm Yacht Club market module, read August 24, 2026; Redfin Royal Palm Yacht and Country Club housing market page, read August 24, 2026; Douglas Elliman Boca Raton Q2 2025 report.
Two Price-Per-Square-Foot Numbers, Same Neighborhood
The $2,235 per square foot figure is computed on living area under air. The $1,312 figure from the MLS module is computed on total square footage, which includes garages, loggias, and covered terraces that can add 30 to 40 percent to a Boca Raton estate’s footprint. Neither is wrong. When you compare a Royal Palm listing to a comparable sale, make sure both numbers use the same denominator, because the difference is large enough to move a valuation by millions.
Why the Median Is $7.7 Million and the Average Is $12.5 Million
An average is pulled by outliers; a median is not. Royal Palm produces outliers by design. In the twelve months to August 2026, the community closed a $75 million sale, a $24 million sale, a $21.5 million sale, and a $20 million sale alongside original homes in the $4 million to $7 million range. Put a $75 million transaction into a pool of 48 and it adds roughly $1.5 million to the average on its own.
The practical consequence for buyers: the average overstates what a typical Royal Palm home costs. The practical consequence for sellers: the average overstates what a typical Royal Palm home is worth. A seller who anchors to $12.5 million for a golf-course home because “the average is twelve million” is the seller who ends up in the 50.8 percent of listings that cut their price.
Three Markets Inside One Gate
Steve Dingle of SRD Building Corp., who with his brother Scott had built roughly 165 homes in Royal Palm by 2023, about a quarter of the community, put it plainly to The Real Deal: “In Royal Palm, there’s three different markets: golf, waterfront, interior.” The Royal Palm Improvement Association’s own lot inventory shows the split. Of about 750 lots, 229 are water lots, 285 are golf course lots, and 231 are interior lots, with fewer than 700 homes built.
| Tier | Where it sits | What drives price | Sourced examples |
|---|---|---|---|
| Intracoastal and point lots | East Maya Palm Drive, East Alexander Palm Road, and the outer edges of the three man-made islands facing the Waterway | Linear feet of frontage, lot size, dock length, and the view across the Intracoastal toward the Deerfield Island preserve. Unrestricted ocean access with no fixed bridges. | 2500 E Maya Palm: 0.8 acres, 292 ft of frontage, 110-ft dock, $75M (May 2026). 2499 E Maya Palm: 1.7 acres, 440 ft of frontage, $36M as a teardown (May 2024). 432 E Alexander Palm: sold as an Intracoastal homesite, as-is, $14.5M (July 2026). |
| Canal and waterway lots | The interior waterways of Alexander Palm, Coconut Palm, and Key Palm islands, including the Buccaneer Palm and Butterfly Palm waterways and the Grand Canal | Protected dockage for vessels up to roughly 100 feet, trading the open view for calmer water. Still no fixed bridges to the inlet. | 191 W Coconut Palm: lot bought $8.2M in 2022, finished home closed $16.85M (August 2026). 174 W Coconut Palm: $19M including an adjacent lot on the Buccaneer Palm Waterway (June 2024). |
| Golf course lots | Streets along the Jack Nicklaus Signature course, including stretches of Sabal Palm Drive and Thatch Palm Drive | Fairway exposure and privacy. No dockage. | 1831 Sabal Palm: lot bought $5.0M in 2023, finished home sold about $17.2M in early 2026. |
| Interior lots | Non-water, non-golf streets throughout the community | Lot size and the house on it. The lowest entry tier, and where most original 1960s and 1970s homes remain. | 1654 Sabal Palm: interior lot bought $4.4M in 2022, finished home sold $19.8M (October 2024). |
Sources: The Real Deal, July 13, 2023, July 25, 2024, May 8, 2024, May 20, 2026, and August 2026 coverage; Royal Palm Improvement Association community information; BeachesMLS closed-sale records via Estately, read August 24, 2026; The Coastal Star, June 3, 2026.
The tiers overlap at the edges. A large golf-course home with a new build can outsell a small original canal home. But within a tier, the ranking is stable, and it is why two homes of similar size and finish can trade $8 million apart. When you evaluate a Royal Palm listing, identify its tier before you look at the price.
The $75 Million Sale and the Record Chain
On May 20, 2026, 2500 East Maya Palm Drive closed at $75 million. It was listed on April 30 at $80 million, drew three buyer tours in its first week, and closed in three weeks. The house is an SRD Building Corp. spec estate with about 18,300 square feet of living area and roughly 24,000 total, eight bedrooms, a wellness wing, and a golf simulator, on a 0.8-acre corner point lot with 292 feet of Intracoastal frontage and a 110-foot private dock. David W. Roberts of Royal Palm Properties represented both sides and told The Real Deal the sale “will reset pricing in Boca.”
It more than doubled the prior Boca Raton single-family record, which was set on the same ground. In May 2024, SRD paid $36 million for 2499 East Maya Palm Drive, a 1.7-acre site with 440 feet of waterfront and a 1997 house it demolished. The Dingles split the site into two parcels and built the $75 million house on 0.8 acres of it. Redfin ranked the sale as the most expensive home sold in the United States in May 2026.
| Year | Price | Property | Note |
|---|---|---|---|
| 2021 | $24.5M | Royal Palm waterfront | Then the Boca Raton record |
| Oct 2022 | $25.8M | SRD-built waterfront | Sold by Dr. Steven M. Scott |
| Feb 2023 | $28.0M | SRD spec, 10,650 sf, 124 ft of waterfront | About $2,750 per sf of living area |
| May 2024 | $36.0M | 2499 E Maya Palm Dr, 1.7 acres, 440 ft of frontage | Bought as a teardown by SRD; listed at $52M in 2023 |
| Jun 2025 | $31.5M | 1788 Royal Palm Way, 8,500 sf built 2010 | Off-market; below the $36M record but the top Royal Palm sale of 2025; bought for $16.8M in 2020 |
| May 2026 | $75.0M | 2500 E Maya Palm Dr, 0.8-acre point lot | Boca Raton and Royal Palm record; most expensive U.S. sale of the month |
Sources: The Real Deal, July 13, 2023, May 8, 2024, June 3, 2025, and May 20, 2026; The Coastal Star, June 3, 2026; CBS12, June 19, 2026, citing Redfin.
Own a Royal Palm Home? Find Out Where It Sits in the Tier
The record sale reset the top of the market. It did not reset every lot. We will show you the comparable closings for your street and your water.
Contact The Koolik GroupClosings From April to August 2026
The closed sales below are the BeachesMLS records captured on the public feed for April 30 through August 19, 2026; they are not the full year. They show the full spread inside one community in one season: a $4.2 million original three-bedroom and a $75 million point-lot estate, four months apart.
| Closed | Price | Address | Beds / Baths / Sq Ft (MLS) |
|---|---|---|---|
| Aug 19, 2026 | $20,000,000 | 500 E Alexander Palm Rd | 5 / 8 / 11,002 |
| Aug 18, 2026 | $16,850,000 | 191 W Coconut Palm Rd | 6 / 10 / 11,611 (asked $19M) |
| Aug 12, 2026 | $6,825,000 | 1282 Sabal Palm Dr | 5 / 6 / 7,888 |
| Jul 30, 2026 | $21,500,000 | 1642 Sabal Palm Dr | 7 / 10 / 12,422 |
| Jul 27, 2026 | $11,000,000 | 117 Thatch Palm Cove | 5 / 6 / 10,403 |
| Jul 8, 2026 | $14,500,000 | 432 E Alexander Palm Rd | Marketed as an Intracoastal homesite, sold as-is |
| Jul 1, 2026 | $15,500,000 | 481 Thatch Palm Dr | 5 / 8 / 11,862 (asked $17.8M) |
| Jun 30, 2026 | $24,000,000 | 1992 Royal Palm Way | 4 / 7 / 7,996 |
| Jun 26, 2026 | $7,700,000 | 2391 Areca Palm Rd | Listed by Signature One Luxury Estates |
| Jun 24, 2026 | $6,400,000 | 1560 Sabal Palm Dr | 5 / 7 / 7,256 |
| May 29, 2026 | $10,500,000 | 443 E Alexander Palm Rd | 5 / 9 / 10,311 |
| May 20, 2026 | $75,000,000 | 2500 E Maya Palm Dr | 8 / 15 / 24,878 total |
| May 7, 2026 | $8,400,000 | 377 E Coconut Palm Rd | 5 / 8 / 7,705 |
| May 1, 2026 | $5,200,000 | 2386 W Maya Palm Dr | 5 / 7 / 6,066 |
| Apr 30, 2026 | $4,214,563 | 1851 Thatch Palm Dr | 3 / 2 / 3,624 |
Source: BeachesMLS closed listings via Estately, read August 24, 2026. Square footage as recorded in the MLS, which mixes living and total area across listings.
Four of these fifteen closings were at or above $20 million. Three were below $7 million. Two of the highest-priced sales, 191 West Coconut Palm and 481 Thatch Palm, closed 11 to 13 percent below their asking prices, which is consistent with the 92 percent list-to-sell ratio across the community and a reminder that even brand-new construction in Royal Palm is negotiated.
Lot Economics: What a Teardown Is Worth
Royal Palm was platted in 1959 by Arthur Vining Davis’s Arvida Corporation, and a large share of its original homes are now 50 to 65 years old on lots worth more than the houses. That is why the community has become, in the words of Premier Estate Properties’ Carmen D’Angelo, “a great playground for investors, developers” and, as she added, builders. No source publishes a clean lot price table by tier, but the reported lot-to-finished-home pairs tell you what builders are paying and what they are getting.
| Address | Lot type | Lot purchase | Finished home sale | Multiple |
|---|---|---|---|---|
| 415 E Alexander Palm Rd | Waterfront | $4.5M (2019) | $25.9M (Mar 2024) | 5.8x |
| 444 E Alexander Palm Rd | Waterfront, 0.3 acre | $5.5M (2020) | $28.5M (Apr 2024) | 5.2x |
| 1654 Sabal Palm Dr | Interior, 0.4 acre | $4.4M (2022) | $19.8M (Oct 2024) | 4.5x |
| 481 Thatch Palm Dr | Not stated | $4.0M (2024) | $15.5M (Jul 2026) | 3.9x |
| 1831 Sabal Palm Dr | Golf course, 0.3 acre | $5.0M (2023) | ~$17.2M (early 2026) | 3.4x |
| 191 W Coconut Palm Rd | Waterfront with dock | $8.2M (2022) | $16.85M (Aug 2026) | 2.1x |
| 2499 / 2500 E Maya Palm Dr | Intracoastal point | $36M for 1.7 acres (2024) | $75M for the 0.8-acre parcel (May 2026) | Site split; second parcel retained |
Sources: The Real Deal, July 25, 2024, October 17, 2024, May 20, 2026, and 2026 Palm Beach County contract reports; BeachesMLS via Estately; South Florida Business and Wealth, August 11, 2022.
Three things stand out. First, the multiple is compressing: pairs bought in 2019 and 2020 returned five to six times the lot price, while pairs bought in 2022 to 2024 are returning two to four times, because lot prices rose faster than finished prices. Second, 2026 land trades are still large: a $14.5 million Intracoastal homesite in July, and Redfin’s sold feed shows a 0.41-acre lot at $17 million and a 0.36-acre lot at $7 million this year. Third, new construction pricing now spans a wide band. A 2023 SRD spec closed near $2,750 per square foot of living area; two 2026 new-build listings asked $1,870 and $2,082 per square foot and closed below ask. An older dry-lot home traded near $1,000 per square foot.
What the Average Hides About Time on Market
The $12.5 million average says nothing about how long it took to get there. The rest of the data does. Redfin records a median 135 days on market for the quarter ending June 2026, up from 129 a year earlier. BEX Realty’s twelve-month module records an average of more than 214 days. Sale-to-list is 91.9 percent, no home in the Redfin sample sold above asking, and 50.8 percent of listings took at least one price reduction, up 21.6 points year over year. Redfin’s competition score for the neighborhood is 3 out of 100.
That is not a distressed market. It is a market where a small number of extraordinary properties clear quickly at extraordinary prices, and everything else waits for the right buyer at a negotiated number. The $75 million house went under contract in three weeks. The typical Royal Palm listing takes four to seven months and sells at a discount of about 8 percent to its final asking price, which is often already below its original asking price.
What This Means If You Are Selling
- Price to your tier’s last three closings, not to the community average and not to the record.
- Expect a 120 to 135 day median to contract on a well-priced home and materially longer on an overpriced one. Half of Royal Palm listings are currently cutting price; the ones that priced correctly at launch are not.
- Budget for a sale-to-list ratio near 92 percent when you set your walk-away number.
- If your home is an original build on a waterfront or golf lot, the land may be worth more than the house. Get a builder’s lot bid before you list as a residence.
Who Is Buying
David Roberts, who has sold in Royal Palm for nearly forty years, told The Real Deal in 2024 that much of his business is owners moving within the community, that outside buyers “frequently come from the Northeast, Illinois and California,” and that they pay cash. His summary: “I’ve never sold a house to a lottery winner. Our folks have done well.” Reported principals in recent trades include the founders of Sheetz and Constant Contact, the Conair family, a Michigan developer, and a freight heir, most buying through trusts named for the address.
The neighbor to the north matters too. The Boca Raton resort, directly across Camino Real, was acquired from Blackstone for $875 million in 2019 by BDT and MSD Partners, the merchant bank of Byron Trott and Michael Dell, which has since spent close to $390 million renovating it. In May 2026 the owners named Douglas Elliman to sell The Residences at The Boca Raton, 75 condominiums inside the resort grounds priced from $5 million, the first private residences in the resort’s history. Royal Palm owners who do not join the club at Royal Palm often use The Boca Raton’s membership instead, and a resort spending at that level next door reinforces the address.
Ownership Costs Beyond the Price
| Item | Detail | Status |
|---|---|---|
| Royal Palm Improvement Association | Every homeowner is a member. Dues reported at $4,150 per lot per year, payable July 1. The association states there has never been an assessment. | Mandatory |
| Royal Palm Yacht and Country Club membership | Separate from homeownership and not required. Admission is by nomination: two existing members propose and second a candidate. Third-party reports put Golf initiation at $210,000 and Social at $75,000, with 2023 dues near $30,000 and $22,000 respectively. The club does not publish its fee schedule; confirm directly with the Membership Director. | Optional |
| Golf | Jack Nicklaus Signature course, reopened 2003 on the original 1960 Robert Trent Jones Sr. routing, full renovation in 2024. Host of the PGA Tour Champions TimberTech Championship in 2022. | Club members |
| Marina | More than 60 slips accommodating yachts up to 130 feet, full-time dockmaster, direct connection to the Intracoastal and Lake Boca Raton. | Club members |
| Ocean access from a private dock | North on the Intracoastal under the Camino Real bascule bridge (9 feet closed clearance, opens on the hour and at 20 and 40 minutes past), across Lake Boca Raton, and out the Boca Raton Inlet under the A1A bascule (23 feet closed clearance; the city says it opens on demand and boating references list quarter-hour openings from 7 a.m. to 6 p.m., so confirm on VHF 9). Both bridges open. No fixed bridges. | Waterfront lots |
| Property tax | Assessed value resets to market value on a change of ownership, so the seller’s tax bill is not a guide to yours. See our cost-of-ownership guide. | All owners |
Sources: Royal Palm Improvement Association; Royal Palm Yacht and Country Club (rpycc.org); Nicklaus Design; membership figures from third-party club directories, unconfirmed by the club; bridge data from marinas.com and the City of Boca Raton Marine Information page.
How to Read a Royal Palm Listing
Five Questions Before You Look at the Price
- Which tier is the lot: Intracoastal or point, canal, golf, or interior? The RPIA’s 229 water, 285 golf, and 231 interior lots each have their own comparables.
- If it is waterfront, how many linear feet of frontage, how long is the dock, and what is the depth at low tide? The $75 million house had 292 feet and a 110-foot dock; a typical canal lot has far less.
- Is the price per square foot quoted on living area or total area? The two bases differ by 30 to 40 percent on a Boca estate.
- Is this a residence or a land sale? Original homes on water and golf lots increasingly trade at lot value, and a builder may be your competing bidder.
- How long has it been listed and how many price changes has it had? With half of Royal Palm listings cutting price, a home that has not moved in 90 days is a negotiation, not a bidding war.
Frequently Asked Questions
What is the average home price in Royal Palm Yacht and Country Club?
The most widely quoted figure is an average selling price of about $11 million, from 48 sales in the twelve months ending in early 2025, with an average asking price near $12.2 million, as reported by Echo Fine Properties. The same rolling twelve-month window read from BeachesMLS data in August 2026 shows 48 sales at an average selling price of $12.47 million and an average asking price of $13.57 million. Both figures are averages pulled upward by a small number of very large sales, including a $75 million closing in May 2026, and neither describes a typical home.
Why is the Royal Palm median so much lower than the average?
Because the community contains several distinct markets. Redfin reports a median sale price of $7.7 million for the three months ending June 2026, while the twelve-month average is $12.47 million. The gap is the signature of a neighborhood that sells original 1960s and 1970s homes on dry lots in the $4 million to $7 million range in the same year it closes point-lot estates at $20 million to $75 million. A single $75 million sale adds roughly $1.5 million to a 48-sale average by itself. Use the median and the tier-specific comparables to understand a typical home; use the average only to understand the community’s total dollar volume.
What was the most expensive home ever sold in Royal Palm Yacht and Country Club?
2500 East Maya Palm Drive, which closed at $75 million on May 20, 2026. It is a new SRD Building Corp. estate of roughly 18,300 square feet of living area on a 0.8-acre corner point lot with 292 feet of Intracoastal frontage and a 110-foot dock. It was listed at $80 million on April 30, 2026, and closed three weeks later. The sale more than doubled the previous Boca Raton record of $36 million, set in May 2024 when SRD bought the 1.7-acre site at 2499 East Maya Palm as a teardown, and Redfin ranked it the most expensive home sale in the United States for May 2026.
How much are lots worth in Royal Palm?
No published table separates dry, canal, and Intracoastal lot values, but reported transactions give the range. Interior and golf lots have traded between $4 million and $5 million from 2022 to 2024, waterfront lots between $4.5 million and $8.2 million from 2019 to 2022, a half-acre waterfront lot set a $10.5 million record in 2022, an Intracoastal homesite sold as-is for $14.5 million in July 2026, and Redfin’s 2026 sold feed shows a 0.41-acre lot at $17 million. The 1.7-acre point site at 2499 East Maya Palm sold for $36 million in 2024. Finished homes on those lots have resold at roughly two to six times the lot price, with the multiple compressing as lot prices rose.
Is club membership mandatory at Royal Palm Yacht and Country Club?
No. The club states that homeownership is separate from club membership and that membership is not mandatory. Admission is by nomination, with two existing members proposing and seconding a candidate. This distinguishes Royal Palm from most Boca Raton club communities, where buying a home obligates you to join. The only mandatory community obligation is membership in the Royal Palm Improvement Association, which every homeowner joins automatically. Royal Palm residents who do not join the club often use The Boca Raton resort’s club membership across Camino Real instead.
What are the HOA fees at Royal Palm Yacht and Country Club?
The Royal Palm Improvement Association reports dues of $4,150 per lot per year, paid annually on July 1, and states that it has never levied an assessment in the community’s history. That figure covers the association’s services including security patrols and community maintenance. It is a fraction of the combined mandatory dues at comparable Boca Raton club communities, where required membership commonly brings total annual carrying costs to $25,000 to $50,000 or more. Club membership at Royal Palm is a separate, optional cost. Confirm the current RPIA figure with the association before relying on it.
How long do homes take to sell in Royal Palm?
Longer than the headline sales suggest. Redfin reports a median of 135 days on market for the quarter ending June 2026, with homes typically going pending in about 120 days at roughly 8 percent below list, and BEX Realty’s twelve-month MLS module shows an average of more than 214 days to sell at 92 percent of asking. Just over half of listings, 50.8 percent, took a price reduction. The exceptions are the trophy properties: the $75 million point-lot estate went under contract within three weeks of listing. Correctly priced homes on any tier move; overpriced homes on every tier wait.
Can you keep a large yacht at a Royal Palm home?
Yes, on the waterfront lots. Canal-lot docks in the community accommodate vessels up to roughly 100 feet, Intracoastal lots can go larger, and the record-setting estate at 2500 East Maya Palm has a 110-foot private dock. The route to the ocean runs north on the Intracoastal under the Camino Real bascule bridge, which has 9 feet of clearance closed and opens on the hour and at 20 and 40 minutes past, across Lake Boca Raton, and out the Boca Raton Inlet under the A1A bascule, which has 23 feet of clearance closed; the city says it opens on demand and boating references list quarter-hour daytime openings, so confirm with the tender on VHF 9. Both bridges open, so there are no fixed bridges between a Royal Palm dock and the Atlantic. The club’s own marina holds more than 60 slips for yachts up to 130 feet.
Who buys homes in Royal Palm Yacht and Country Club?
According to David Roberts of Royal Palm Properties, who has sold in the community for nearly forty years, much of the activity is owners moving within Royal Palm, and outside buyers most often come from the Northeast, Illinois, and California, paying cash. Reported principals in recent sales include the founders of Sheetz and Constant Contact, members of the Conair family, and a freight-industry heir, with most purchases made through trusts named for the property address. The community’s builders, led by SRD Building Corp., which has built about a quarter of its homes, also buy original houses on water and golf lots as teardowns for new spec construction.
Is Royal Palm a good investment in 2026?
It depends on which tier you buy and at what price. The community has produced Boca Raton’s largest reported lot-to-finished-home multiples: waterfront lots bought for $4.5 million to $5.5 million in 2019 and 2020 carried finished homes that sold for $25.9 million to $28.5 million in 2024, and the record rose from $24.5 million in 2021 to $75 million in 2026. But the median fell 14.5 percent year over year in the quarter ending June 2026, half of listings are cutting price, and lot prices have risen faster than finished-home prices, compressing builder margins. The investment case is strongest for Intracoastal and point lots, where supply is fixed at 229 water lots and cannot be created, and weakest for an overpaid interior home. Buy the land, price to the tier, and expect a four-to-seven-month resale timeline.
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Contact The Koolik GroupRoyal Palm and East Boca Waterfront
- Royal Palm Yacht and Country Club: The Complete Community Guide
- Royal Palm vs. St. Andrews Country Club
- The Sanctuary, Golden Harbour, and Boca Raton’s Intracoastal Communities
- Boca Raton Waterfront Homes: Intracoastal vs. Oceanfront vs. Canal
Selling and Owning at This Level
Sale prices, dates, and property details are drawn from BeachesMLS records and published reporting as of August 24, 2026, and are cited to their sources above. Club fees are third-party reports that the club does not publish; confirm all membership and association figures directly with Royal Palm Yacht and Country Club and the Royal Palm Improvement Association before relying on them in a purchase or sale decision.
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