Atlantic Luxury Advisors
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71 photos

249 Alexander Palm

Boca Raton, FL 33432

$15,250,000
6
9
8,815 sq ft
15,000 sq ft
2018
4 car
Single Family Residence
$378/mo
Yes
Yes
167
Active

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

About this home

Crafted by Sarkela Corporation, 249 Alexander Palm Road is a striking waterfront estate positioned along one of Royal Palm Yacht & Country Club's most coveted streets, offering direct Intracoastal and ocean access. A gated approach reveals a commanding arrival, where marble-clad architectural elements set the tone for the level of detail carried throughout. Inside, the residence unfolds with a refined European aesthetic, defined by exceptional materials and a cohesive, contemporary design vision. Custom lighting by Terzani, curated marble selections, bespoke wall treatments, and premium European oak flooring establish a sense of continuity and quiet distinction across the interiors. Spanning 8,815 square feet, the layout is both expansive and fluid, designed to accommodate both formal entertaining and relaxed daily living. A dramatic two-story living room is anchored by a 24-foot marble fireplace, complemented by a formal dining room with a glass-enclosed wine display, a media lounge with bar, a private office, and a well-appointed kitchen featuring cabinetry by Duccini Milano. The primary suite occupies a private position on the upper level, offering a generous sitting area facing the water, along with dual baths and dressing rooms designed for comfort and privacy. Outdoor spaces are also considered, with manicured grounds framing a covered summer lounge, an outdoor kitchen, a linear fireplace, and an infinity-edge pool with an integrated spa and a sun shelf. Furnishings curated by designer Raquel Mothe enhance the home's architectural clarity and material palette. A private deep-water dock, finished with marble decking and equipped with power and water, accommodates large vessels and provides immediate access to open water. This residence is designed for those who value precision, scale, and a seamless waterfront lifestyle.

Virtual tour
What it costs to own
Estimated monthly payment
$109,192/mo
Principal and interest
$77,112
Property tax
$22,169
Homeowners insurance
$9,533
HOA
$378

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
$266,033/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
$378/mo (from the listing)
FEMA flood zone
Zone X, moderate risk

Outside the special flood hazard area (0.2% annual chance). Flood insurance is optional and usually priced lower.

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.