2398 Areca Palm Rd
Boca Raton, FL 33432
6 bd 9 ba 7,523 sqft Built 2023 Lot 15,789 sqft single_family
Most recent sale
$12,500,000
Apr 11, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2024 | Sold | $12,500,000 | BeachesMLSFlex |
| Jan 24, 2024 | Price changed | $14,750,000 | BeachesMLSFlex |
| Oct 18, 2023 | Price changed | $14,950,000 | BeachesMLSFlex |
| Sep 1, 2023 | Listed | $15,500,000 | BeachesMLSFlex |
| Aug 30, 2020 | Listing removed | $9,500 | BeachesMLSFlex |
| Jul 8, 2020 | Price changed (rent) | $9,500 | BeachesMLSFlex |
| Jun 29, 2020 | Sold | $2,050,000 | BeachesMLSFlex |
| Jun 9, 2020 | Listed for rent | $9,750 | BeachesMLSFlex |
| Sep 24, 2019 | Sold | $1,980,000 | BeachesMLSFlex |
| Jul 17, 2014 | Sold | $1,470,000 | BeachesMLSFlex |
| Feb 19, 2014 | Listed | $1,520,000 | BeachesMLSFlex |
| Sep 23, 2013 | Sold | $627,700 | JTHSMLS |
| Jun 11, 2013 | Sold | $1,110,000 | JTHSMLS |
| May 9, 2013 | Listing removed | $1,210,000 | JTHSMLS |
| Mar 26, 2013 | Listed | $1,210,000 | JTHSMLS |
| Mar 23, 2013 | Listed | $1,210,000 | JTHSMLS |
| Oct 20, 2012 | Listing removed | $5,500 | JTHSMLS |
| Oct 15, 2012 | Listing removed | $5,000 | JTHSMLS |
| Feb 8, 2012 | Listed for rent | $5,500 | JTHSMLS |
| Feb 6, 2012 | Listed for rent | $5,500 | JTHSMLS |
| May 11, 2004 | Sold | $1,072,500 | Public Record |
| May 7, 2004 | Listed | $1,150,000 | JTHSMLS |
| Dec 5, 2001 | Sold | $623,700 | Public Record |
| Dec 3, 2001 | Listed | $674,000 | JTHSMLS |
| Sep 9, 1997 | Sold | $415,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $7,086,379 | $3,128,175 | $10,214,554 | $173,337 |
| 2022 | — | — | $1,664,728 | $32,001 |
| 2021 | $333,357 | $1,513,389 | $1,846,746 | $33,669 |
| 2020 | $85,210 | $1,378,000 | $1,463,210 | $26,740 |
| 2019 | — | — | $1,383,624 | $25,282 |
| 2018 | — | — | $1,357,825 | $23,695 |
| 2017 | $229,049 | $1,100,848 | $1,329,897 | $23,564 |
| 2016 | — | — | $1,343,220 | $25,420 |
| 2015 | $421,295 | $769,824 | $1,191,119 | $23,106 |
| 2014 | — | — | $896,963 | $17,679 |
| 2013 | — | — | $840,321 | $16,678 |
| 2012 | — | — | $763,928 | $15,388 |
| 2011 | — | — | $807,326 | $16,428 |
| 2010 | — | — | $871,888 | $17,750 |
| 2008 | — | — | $836,959 | $17,451 |
| 2007 | — | — | $1,126,419 | $20,000 |
Property facts
Year built
2023
Property type
single_family
Stories
2
Beds
6
Baths
9
Living area
7,523 sqft
Lot size
15,789 sqft
ZIP code
33432
City
Boca Raton
Street
Areca Palm Rd
Coordinates
26.32820, -80.08191
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$75,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2398 Areca Palm Rd last sell?
2398 Areca Palm Rd most recently sold on Apr 11, 2024 for $12,500,000.
What is the current tax assessment for 2398 Areca Palm Rd?
The most recent total assessment for 2398 Areca Palm Rd (year 2025) is $10,214,554 with $173,337 in property tax.
How does 2398 Areca Palm Rd's assessment compare to its last sale price?
The current assessment is 18.3% below the last sale price of $12,500,000.
When was 2398 Areca Palm Rd built?
2398 Areca Palm Rd was built in 2023.
How does 2398 Areca Palm Rd compare to others on Areca Palm Rd?
We track 1 other property on Areca Palm Rd. Browse the list under "Other properties on Areca Palm Rd" to compare beds, baths, and sale history.
What are the property facts for 2398 Areca Palm Rd?
2398 Areca Palm Rd is a 6 bed, 9 bath, 7,523 sqft, 15,789 sqft lot single_family.
Is 2398 Areca Palm Rd a flip candidate?
No — 2398 Areca Palm Rd does not appear in our flips dataset.
Is 2398 Areca Palm Rd a tax-appeal candidate?
No — 2398 Areca Palm Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.9%
Implied 1-yr
-7.6%
2026 Q3
$3.21M
2026 Q4
$3.14M
ZIP 33432 — Median Price History + Forecast
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Geography
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