Rising
Rising: permitted and not yet finished, with a live permit (the city extends it at each passed inspection) or city records in the past 90 days
Custom
Custom: owned by a person, so most likely built for the owner.
485 Royal Palm Way
Drag to compare the lot in 2024 with 2026. The pink line is the surveyed parcel boundary.
Where it stands
Last city record Nov 9, 2026The numbers
From deeds, the permit and the parcel roll- Lot purchase
- $7.5M May 2024
- Lot size
- 21,610 sf 0.50 acres
- Declared permit value
- $3.25M as declared; real cost runs well higher
- Home size
- ~7,235 sf under air from the permit’s plans
- Plan
- Not in the permit
- Flood zone
- AE base flood elevation 7 ft
- Waterfront
- No
- Ownership
- Private owner likely a custom home
Against the market
Boca Raton · since 20211.4 months since the permit. A typical home off the water in Boca Raton takes 22.8; the middle half take 19.5–26.3.
This lot cost $7.5M. The median new-build lot in Royal Palm Yacht & Country Club went for $4M (58 lots).
- This home
Middle half, Boca Raton off the water
178 homes off the water in Boca Raton permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.
- Median
Construction log
4 city records- Footing InspectionPassed
- New-home permit issuedNew-Home Permit Issued · Issued
- New-home permit filedResidential New Construction Permit · Issued
- Demolition permitDemolition Permit · Complete
Permit BPR-2026-02662 on Boca eHub: “New SFR”
More new homes nearby
Also close by: 399 Royal Palm Way · 2348 E Maya Palm Dr · 1936 Royal Palm Way · 2398 Areca Palm Rd · 458 Areca Palm Rd · 2101 Spanish River Rd