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343 E Royal Palm Road, Boca Raton, FL 33432

$3,100,000

Virtual Tour

https://www.propertypanorama.com/343-E-Royal-Palm-Road-Boca-Raton-FL-33432/unbranded

Property Type: Land & Docks Lot Size (sq. ft.): 7,379 Status: Closed

Current Price: $3,100,000 List Date: 6/25/2025 Last Modified: 12/18/2025

Overview

Description

Exceptional Development Opportunity located just moments from The Boca Raton Resort, Mizner Park, Royal Poinciana Plaza, and more. This prime lot is being offered with full architectural plans and stunning renderings for a 6-story, 4-unit luxury residential project. Each full-floor unit is designed at approximately 3,500 sq ft with 3 bedrooms and 3 bathrooms. The plans also feature premium amenities including a rooftop terrace with panoramic city views and covered garage parking. A rare turnkey offering for developers looking to build in one of Boca Raton's most prestigious and highly sought-after areas.

Listing Details MLS# R11102349

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 0.17
Lot Size Square Feet: 7379
Lot Size Dimensions: 52.0 ft x 143.0 ft
Direction Faces: South
LP/SqFt: 501.42

Property Features

Current Use: Multi-Family Development Status: Raw Land Documents Available: Building Plan; Plans; Survey Location of Property: City Location; Other Possession: Close Of Escrow; Negotiable Possible Use: Single Family Trees: None Utilities: None Vegetation: Other Listing Terms: Cash; Conventional Road Responsibility: Public Maintained Road Showing Requirements: Call Listing Agent; Schedule Online; Text Listing Agent Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3700000
LP/Acre: 21841794.57

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 343
Street Direction Prefix: E
Street Name: Royal Palm
Street Suffix: Road
City Name: Boca Raton
State Or Province: FL
Postal Code: 33432
Postal Zip: 33432
Subdivision Name: BOCA RATON
Area: 4260
Geographic Area: PB02
Parcel Number: 06434729010100180
Zoning: DDRI(c
Directions: From 95 - E on Palmetto, S on Mizner Blvd, E on Royal Palm Road

Financial Information

Tax Year: 2024
Tax Annual Amount: 23817.9
Tax Legal Description: BOCA RATON LT 18 BLK 10

Status Change Information

Major Change Timestamp: 2025-10-23T20:50:21Z
Major Change Type: Status Change
Status Change Date: 2025-10-23
Under Contract Date: 2025-08-02
Close Date: 2025-10-23
Close Price: 3100000
Buyer Financing: Cash
SP/Acre: 18299881.94

More Information

Short Sale Details

Short Sale Addendum: No

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Original List Price To Close Price: 1.19

Originating Details

Originating System Key: 20250625142445026918000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Documents Available

Building Plan: Yes
Plans: Yes
Survey: Yes

Current Use

Multi-Family: Yes

Development Status

Raw Land: Yes

Location of Property

City Location: Yes
Other: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Possible Use

Single Family: Yes

Trees

None: Yes

Utilities

None: Yes

Vegetation

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Responsibility

Public Maintained Road: Yes

Showing Requirements

Call Listing Agent: Yes
Schedule Online: Yes
Text Listing Agent: Yes

Contingencies

None: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Compass Florida LLC

Last Updated: December - 18 - 2025

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