Builder · No. 1 on the water in Boca Raton · permits 2022–2026

SRD Building

22 new homes in Boca Raton since 2022, 11 on the water, mostly in Royal Palm Yacht & Country Club, Royal Oak Hills, Spanish River Land Co. State license CGC043253.

New homes22

19 complete · 2 rising · 1 filed

On the water11

50% of their homes · rank 2 overall

Typical build16.3 mo
7.3 months faster than typical in Boca Raton
How the pace is measured

Each finished home against the typical build for homes like it (on the water or off it) in its own city, then the middle value of those differences.

Top recorded sale$75M

New build2500 E Maya Palm Dr · $4,102/sf

Rising now

2 homes in progress

Against the market

Boca Raton · homes since 2021
Build time, permit to CO (19 finished homes)
0 mo30 mo60 mo

SRD Building’s median is 16.3 months; the median for homes in Boca Raton is 23.2.

Median declared permit value $1.94M per home, the 25th highest among 188 builders with three or more homes. Declared values run well below real construction cost.

Their lots cost a median $7M (waterfront median in Boca Raton $2.83M).

  • Their median
  • Middle half, Boca Raton

    250 homes in Boca Raton permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.

  • Median
Every new home on record

Portfolio

AddressNeighborhoodPermitStatusLotDeclared permit valueSale
432 E Alexander Palm RdWaterRoyal Palm Yacht & Country ClubNov 2026Filed$14.5M$4.97M—
368 S Maya Palm DrWaterRoyal Palm Yacht & Country ClubApr 2026Rising$9.2M$1.97M—
399 Royal Palm WayRoyal Palm Yacht & Country ClubJan 2026Rising$7M$1.56M—
1642 Sabal Palm DrRoyal Palm Yacht & Country ClubMar 2025Sold$6M$1.92M$21.5M
336 E Coconut Palm RdWaterRoyal Palm Yacht & Country ClubJan 2025Complete$10M$2.4M—
2444 E Maya Palm DrWaterRoyal Palm Yacht & Country ClubDec 2024Complete—$2.32M—
481 Thatch Palm DrRoyal Palm Yacht & Country ClubNov 2024Sold$4M$1.97M$15.5M
2500 E Maya Palm DrWaterRoyal Palm Yacht & Country ClubAug 2024Sold$36M$5.05M$75M
499 S Maya Palm DrRoyal Palm Yacht & Country ClubMay 2024Sold$4M$1.42M$14.2M
353 SW 7th TerRoyal Oak HillsFeb 2024Complete$850K$873K—
1694 Sabal Palm DrRoyal Palm Yacht & Country ClubOct 2023Complete$5M$1.33M—
1520 Royal Palm WayWaterRoyal Palm Yacht & Country ClubJun 2023Complete$10.5M$2.02M—
175 W Alexander Palm RdWaterRoyal Palm Yacht & Country ClubMar 2023Complete—$1.88M—
1654 Sabal Palm DrRoyal Palm Yacht & Country ClubMar 2023Sold—$1.81M$7M
1624 Thatch Palm DrRoyal Palm Yacht & Country ClubNov 2022Complete$2.5M$1.51M—
360 E Alexander Palm RdWaterRoyal Palm Yacht & Country ClubOct 2022Sold$10.5M$2.16M$28.5M
480 E Alexander Palm RdWaterRoyal Palm Yacht & Country ClubAug 2022Sold$7.75M$2.02M$26.5M
484 Royal Palm WayRoyal Palm Yacht & Country ClubMay 2022Sold—$1.64M$13M
1812 Sabal Palm CirRoyal Palm Yacht & Country ClubApr 2022Sold$5M$1.81M$16.9M
333 E Key Palm RdWaterRoyal Palm Yacht & Country ClubMar 2022Complete—$3.86M—
1271 Spanish River RdWaterSpanish River Land CoMar 2022Complete$8.47M$4.09M—
272 Thatch Palm DrRoyal Palm Yacht & Country ClubFeb 2022Sold$5M$1.89M$16.4M