Atlantic Luxury Advisors
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80 photos

251 Coconut Palm

Boca Raton, FL 33432

$17,995,000
7
10
9,965 sq ft
22,476 sq ft
2001
4 car
Single Family Residence
$556/mo
Yes
Yes
3
Active

Listing courtesy of Royal Palm Properties LLC (David W Roberts). Contact: [email protected].

About this home

251 Coconut Palm Road offers a rare chance to enjoy refined waterfront living on a grand scale. Beyond the gated entry, a sweeping drive lined with towering palms and manicured grounds sets the tone for the estate's timeless elegance. With its striking Spanish Mediterranean design, the seven-bedroom residence pairs old-world craftsmanship with a clean, contemporary sensibility. In the marble-clad foyer, a dramatic rotunda-style staircase introduces interiors that balance grand scale with warmth and intimacy. The formal living room, anchored by a hand-carved cast stone fireplace, opens gracefully to the dining room, where tranquil views stretch across the property's expansive outdoor spaces. At the heart of the home, the fully reimagined chef's kitchen is as beautiful as it is functional, with dual islands suited to both grand entertaining and relaxed everyday living. The main level also includes a cozy theater, a welcoming club room and bar, a richly appointed study, and a serene library, each designed with comfort and ambiance in mind. Upstairs, the primary suite enjoys its own private wing, where oversized bay windows showcase sweeping water views. This luxurious retreat features a separate sitting room with fireplace and dual spa-inspired baths with generous wardrobe closets. A separate VIP suite, reached by private elevator, offers guests a secluded escape with a morning bar, wraparound balcony, and panoramic views of the Butterfly Palm waterway. The west wing is home to three additional guest suites and a spacious second family room. Outdoors, a series of covered terraces creates inviting spaces for year-round gatherings of every size. The summer pavilion, complete with alfresco kitchen, fireplace, and integrated cooling system, extends the living space seamlessly outdoors. A saltwater pool with marble decking and an adjacent cabana bath is surrounded by lush tropical landscaping and soft ambient lighting, all set along 150 feet of waterfrontage. More than a residence, this is a private sanctuary where every detail elevates daily living and effortless entertaining.

Virtual tour
What it costs to own
Estimated monthly payment
$128,970/mo
Principal and interest
$90,993
Property tax
$26,171
Homeowners insurance
$11,250
HOA
$556

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$314,048/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$556/mo (from the listing)
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone C: ordered to evacuate for Category 2 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.