Royal Palm Yacht and Country Club Real Estate Market Report

Royal Palm Yacht and Country Club
Real Estate Market Report

Royal Palm Yacht & Country Club is experiencing strong performance in the current Market. During the 1st Quarter of 2012, 6 properties were sold and their purchase price range was $735,000 – $7,400,000. The properties that sold are as follows:

1750 Royal Palm Way, purchased for $7,400,000 on February 10, 2012. 1750 Royal Palm Way is a direct Intracoastal front Property with 100′ of Waterfront and beautiful views. Built in 2010, it includes 6 Bedrooms, 7 Full Baths, 3 Half Baths, a Pool, 4-Car Garage, and 9,544 Square Feet of Living Area (this property is pictured below).
169 W. Coconut Palm Rd., purchased for $3,200,000 on February 29, 2012: Built in 1998, 5 Bedrooms and 6.5 Baths, 3-Car Garage, Pool, 6,105 Square Feet of Living Area, and 104′ of Waterfront on an Ocean Access Canal.
2233 Date Palm Rd., purchased as a Bank Owned Foreclosure for $2,275,000 on January 24, 2012: Built in 2007, 5 Bedrooms and 6.5 Baths, 4-Car Garage, Pool, 6,641 Square Feet of Living Area.
2291 Date Palm Rd., purchased for $2,025,000 on February 15, 2012: Built in 2011, 3 Bedrooms and 3.5 Baths, 3-Car Garage, Pool, and 4,250 Square Feet of Living Area.
383 Thatch Palm Dr., purchased for $1,060,000 on March 23, 2012: Built in 1964, 5 Bedrooms and 5 Full Baths, 2-Car Garage, Pool, and 4,236 Square Feet of Living Area. This property was purchased as a Teardown (is in need of complete renovation).
1850 Sabal Palm Dr., purchased for $735,000 on March 2, 2012: Built in 1960, 3 Bedrooms and 2.5 Baths, Pool, 2-Car Garage, and 1,964 Square Feet of Living Area. This property was purchased as a Teardown and, at the time of its’ purchase, had been completely gutted to its’ Wood Beams and Concrete Floors.

Royal Palm Yacht & Country Club Homes for Sale

Currently, 71 Properties are on the Market for sale in Royal Palm Yacht & Country Club. Since the Community has a total of almost 700 Properties, 71 Houses for sale is a normal/average amount.

The list price range of the 71 properties is $788,000 – $12,495,000. Of the properties for sale, only 3 are listed under $1 Million. Of the 71 properties, 24 properties are Waterfront (located on Ocean Access Canals and the Intracoastal) and their price range is $2,327,500 – $12,495,000.

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