Royal Palm Polo in Boca Raton marks one of the most ambitious developments undertaken by Toll Brothers. It follows closely from the latter's previous project directly next door (Azura), demonstrating Toll's reputation as arguably the country's foremost luxury construction company. The sleek, contemporary entrance with a cascading water feature and manicured foliage establishes an impression of the community's prestige and elegance that persists once past the security guardhouse. Moreover, making Royal Palm Polo your family home automatically qualifies your kids to attend the top public schools in the city (see the details below).
The community covers a footprint of 122 acres that was previously the iconic polo grounds with horses and stables that endured for decades. Centrally located between Linton and Clint Moore on Jog Road, it's minutes by auto from the beach, 43 golf courses, hundreds of restaurants, and multiple high-end shopping malls. After some logistics, Toll expanded the number of lots from the original 223 to nearly 300. Then, they divided it into two collections - The Signature and Heritage; both offer modern estate homes (single and two-story).
The thing about Royal Palm Polo is the unique resident experience it delivers - aside from being in the heart of the exciting Boca action. Toll embraced the sporting theme with both hands, integrating it into the Residents Club built around a 5000-square-foot clubhouse. Its launch as a tennis community was spot-on, promoting the six Har-Tru tennis courts and pickleball court on site. In addition, a fully-equipped fitness center featuring Pelotons and other cutting-edge workout technologies enhance the lifestyle opportunities for residents. After sweating it out on the treadmill, there's an outdoor relaxation space featuring a vast infinity pool, spa, and children's splash pad. Finally, the social and recreational facilities on tap are second-to-none.
The development layout ensures open lake views from most of the Homes For sale in Royal Palm Polo and lush tropical Florida greenery for others. One can be confident that buying a home in Royal Palm Polo today is almost like buying it new. As of July 2022, many are still works-in-progress but moving along briskly. No developer lots are available for a ground-up build, testimony to how popular Toll Brothers' proposition was to homebuyers in Boca Raton. Those eligible for resale are from 3600 square feet under air (UA), stretching to more than seven thousand.
So, what do you get for your money as a buyer? Although the Toll construction system depended on a range of models, nothing about the residences looks cookie-cutter. All the features, from extra-height living rooms to designer archways and staircases aimed at meeting the most discerning customer needs. The same goes for the materials throughout the interiors. These include Italian marbles, exotic stone, stunning synthetics, space-age metals, and the best in lighting, wood flooring, outdoor kitchens, appliances, and cabinetry. Other notable standard features are crown molding, vaulted ceilings, solid-core interior doors, and hurricane impact-resistant glass all around. In addition, some homes have installed elevators.
The compelling attraction of Royal Palm Polo in Boca Raton, its sister development Azura, and GL Homes' Boca Bridges is that they're not country clubs. Yet they offer many significant country club benefits without the burden of astronomical fees. So, Royal Palm Polo, with its tennis courts, palatial clubhouse, and resort-style facilities, falls short of offering golf, in-community restaurants, valet service, events, and security patrols. What's the tradeoff? A monthly HOA fee of $712 (currently) versus country clubs like Addison Reserve, Polo Club, Woodfield, and Broken Sound levying their members around $5000 per month. And that excludes equity fees for golf and sports eligibility that can exceed $100,000 one-time payments with no refund. However, note - the HOA fees soon after the developer's exit are traditionally low. Therefore, Royal Palm Polo's are likely to climb to around $1000 as the owners take control of the homeowners association (still nowhere near country club levels).
In summary, one can regard Royal Palm Polo as one of those hybrid options between a luxury country club and a no-frills, zero amenities neighborhood. So, has this downgraded home prices? Not at all, just the opposite in fact! Don't expect community prices to dip below $2,000,000 anytime soon. For mansion-like homes, values well above $4,000,000 are realistic. A selling price of between $600 - $700 per air-conditioned square foot seems to be in the cards.
Interestingly, when Toll kicked off around 2016, it promoted the homes as "starting at $1 million." Soon after, new signs at the entrance upped the starting price to $1.5 million. Later, the bottom level increased to $2 million. The highest sold price in the community was in May 2022, when a 7662 sq. ft. home went for $4.2 million. As of July 2022, the Royal Palm Polo homes for sale are a 7168 sq. ft. (under air) mansion asking for $35,000 monthly rent, a similar sized home asking for $6.7 million, and a 4650 sq. ft. house asking for $3.2 million. However you look at Royal Palm Polo, it's a premium community and the resale prices tell the story louder than a thousand words.
Royal Palm Polo is a single family residence community located in Boca Raton Florida with a range of options priced between $2,549,995 and $4,650,000. There are currently a total of 7 Homes for sale, the smallest home currently on the market is a three bedroom three bathroom residence that is 4,867 square feet (3,664SF Under Air) and the largest of the homes currently available is a six bedroom seven bathroom, 10,965 square foot (7,400SF Under Air) residence. In addition there are numerous other communities in Boca Raton to choose from, or you may browse all Boca Raton Real Estate. Homes in Royal Palm Polo are selling quickly, set up a new listing alert and we will notify you immediately when a new listing hits the market. Of course you can always contact your ZFC Real Estate agent who would be happy to assist you further with your search for a Home in Royal Palm Polo Boca Raton.
Where you live in Boca Raton determines which public schools your children may attend, and this in turn effects real estate values. Homes in Royal Palm Polo are zoned for the following Palm Beach County school districts: