280 E Camino Real, Boca Raton, FL 33432
Overview
Description
Supplements: ... (Read more) The Buyer will become a voting member of Royal Palm Improvement Association with all related rights and privileges. A future home can face Thatch Palm – with two driveways out onto Thatch Palm and a third if desired; leading out via a gate to Camino Real – for easy access to The Boca Hotel and Club - right across the street. While this property is essentially the size of THREE standard Royal Palm lots – it is deed restricted to hold one residence - and cannot be subdivided. The current average price of a tear-down/dry lot ( non-golf ) within the gates of Royal Palm sells for in excess of $ 125.00 per square foot. Combining three lots – and tearing down the existing homes to create a compound configured like this clean/ready site is virtually impossible. If it could be accomplished the cost to do so would be nearly $5M. The asking price of this one-of-a-kind trophy estate lot is well under the current market on a price per square foot basis...and it's irreplaceable. This "triple size" home site with its benefits and features has NEVER been offered before – and never will be again! Live the Royal Palm lifestyle within a walled estate that cannot be duplicated – steps to golf, dining, The Boca Hotel and Club and the beach.
Listing Details MLS# R10443800
General Property Information
- Property Sub Type
- Unimproved Land
- Number Of Lots
- Yes
- Lot Size Acres
- 0.84
- Lot Size Square Feet
- 36643
- Gated Community YN
- Yes
- Direction Faces
- East
- LP/SqFt
- 109.13
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 3999000
- LP/Acre
- 4753922.97
Location and Legal
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 280
- Street Direction Prefix
- E
- Street Name
- Camino Real
- City Name
- Boca Raton
- State Or Province
- FL
- Postal Code
- 33432
- Postal Zip
- 33432
- Subdivision Name
- SPANISH RIVER LAND CO A
- Development Name
- Royal Palm Yacht & Country Club
- Area
- 4190
- Geographic Area
- PB02
- Parcel Number
- 06434728030400012
- Zoning
- R1A(ci
- Directions
- Federal Highway to E Camino Real, west to property.
Financial Information
- Association YN
- Yes
- Association Fee
- 210
- Association Membership
- Mandatory
- Tax Year
- 2017
- Tax Annual Amount
- 18109.9
- Tax Legal Description
- SPANISH RIVER LAND CO PLAT A W 150.09 FT OF E 1068.16 FT OF BLOCK 40 IN DB551P192
Status Change Information
- Major Change Timestamp
- 2018-08-20T14:17:20Z
- Major Change Type
- Status Change
- Status Change Date
- 2018-08-20
- Under Contract Date
- 2018-07-19
- Close Date
- 2018-08-20
- Close Price
- 2900000
- Buyer Financing
- Cash
- SP/Acre
- 3447456.02
More Information
Application Fee Details
- Application Fee Required
- Yes
- Application Fee
- 1000
Short Sale Details
- Short Sale Addendum
- No
Price Calculations
- Original List Price To Close Price
- 1.37
Originating Details
- Originating System Key
- 20180622132134667225000000
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- RML
Association Amenities
- Beach Club Available
- Yes
- Clubhouse
- Yes
- Jogging Path
- Yes
Documents Available
- Aerial
- Yes
- Deed Restriction(s)
- Yes
- Title Insurance
- Yes
Fencing
- Fenced
- Yes
Current Use
- Single Family
- Yes
Development Status
- Recorded Plat
- Yes
Location of Property
- Subdivision
- Yes
Possible Use
- Single Family
- Yes
Sewer
- Public Sewer
- Yes
Trees
- Other
- Yes
Utilities
- Cable Available
- Yes
- Electricity Available
- Yes
- Phone Available
- Yes
- Sewer Available
- Yes
- Underground Utilities
- Yes
Vegetation
- Other
- Yes
Zoning Information
- Subject To Zoning Change
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Cleared
- Yes
- Interior Lot
- Yes
Road Frontage Type
- East of US-1
- Yes
- Private Road
- Yes
Road Surface Type
- Paved
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Membership
- Other Membership Available
- Yes
Contingencies
- Other
- Yes
Acreage Description
- 1/2 To Less Than 1 Acre Lot
- Yes