Property Detail
Location Address : 121 ROYAL PALM WAY
Municipality : BOCA RATON
Parcel Control Number : 06-43-47-29-10-026-0010
Subdivision : ROYAL PALM YACHT & COUNTRY CLUB SUB
Official Records Book/Page : 35082 / 1469
Sale Date : 05/22/2024
Legal Description : ROYAL PALM YACHT & CNTRY CLUB LT 1 BLK 26
Owner Information
Owner(s) Mailing Address
GRATZIANI STEPHAN P &
SHIELDS DENNIS S &
SHIELDS FELICIA V
121 ROYAL PALM WAY
BOCA RATON FL 33432 7939
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
05/22/2024 $10 35082 / 01469 QUIT CLAIM GRATZIANI STEPHAN P &
10/12/2021 $4,075,000 32965 / 00388 WARRANTY DEED GRATZIANI STEPHAN P &
07/28/2014 $10 27018 / 00196 QUIT CLAIM RAUENHORST JOSEPH
09/16/2013 $2,650,000 26340 / 00189 WARRANTY DEED RAUENHORST JOSEPH
02/28/2005 $1,000,000 18220 / 00067 DEED OF TRUST VARIAN VAHAN G &
11/01/1986 $100 05072 / 01408 QUIT CLAIM RONAN ANNE TRUST EST
Exemption Information
Applicant/Owner(s) Year Detail
GRATZIANI STEPHAN P 2025 HOMESTEAD PARTIAL
GRATZIANI STEPHAN P 2025 ADDITIONAL HOMESTEAD
Property Information
Number of Units : 1
*Total Square Feet : 11347
Acres : .36
Property Use Code : 0100—SINGLE FAMILY
Zoning : R-1-A—RESIDENTIAL (LOW) (06-BOCA RATON)
Building Details

Structural Details

Structural Element for Building 1
Exterior Wall 1 MSY: CB STUCCO
Year Built 2007
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 6
Full Baths 6
Half Baths 2
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 MARBLE
Floor Type 2 N/A
Stories 2

Subarea and Square Footage for Building 1
Code Description square Footage
FOP Finished Open Porch 134
FOP Finished Open Porch 726
FUS Finished Upper Story 3481
FOP Finished Open Porch 134
NVA No Value Area 209
NVA No Value Area 25
NVA No Value Area 446
FOP Finished Open Porch 720
FOP Finished Open Porch 104
FOP Finished Open Porch 20
FGR Finished Garage 640
FGR Finished Garage 632
BAS Base Area 4076
Total Square Footage 11347
Area Under Air 7557
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Wall 2007 722
Bbq 2007 1
Elevator 2007 1
Pool - In-Ground 2007 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR GOLF COURSE R-1-A 0.3569
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $1,882,807 $1,928,098 $1,810,239 $1,596,236 $1,248,160
Land Value $3,189,476 $2,668,635 $2,492,404 $2,288,673 $1,434,945
Total Market Value $5,072,283 $4,596,733 $4,302,643 $3,884,909 $2,683,105
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $4,551,295 $3,916,722 $3,802,643 $3,884,909 $2,490,436
Exemption Amount $50,722 $50,000 $50,000 $0 $50,000
Taxable Value $4,500,573 $3,866,722 $3,752,643 $3,884,909 $2,440,436
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $76,693 $65,942 $64,556 $68,220 $44,239
NON AD VALOREM $362 $349 $343 $339 $323
TOTAL TAX $77,055 $66,291 $64,899 $68,559 $44,562
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov