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166 Alexander Palm Road

Kelly Martin's KM Revocable Trust Acquires Waterfront Mansion From Zaccaria Family Trust For $17.5M
SOLDSingle Family

Kelly Martin's KM Revocable Trust Acquires Waterfront Mansion From Zaccaria Family Trust For $17.5M

166 Alexander Palm Road

$17,500,000

$1,483/SF

Building Size

11,799 SF

Asset Type

Single Family

Closing

Aug 29, 2025

AI

The property located at 166 Alexander Palm Road in Boca Raton is a single-family asset consisting of 11,799 square feet and situated on a 0.52-acre lot. This waterfront mansion was sold for $17,500,000, resulting in a price per square foot of $1,483.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $17,500,000
  • Address: 166 Alexander Palm Road
  • Market: Boca Raton
  • Square Footage: 11,799
  • Price per Square Foot: $1,483
  • Buyer: Kelly Martin - KM Revocable Trust
  • Seller: The Zaccaria family trust
  • Buyer's Representative: Marcy Javor - Signature One Luxury Estates
  • Seller's Representative: Matthew Quattrociocchi - Century 21 Terance Realty

Marcy Javor represented the buyer, Kelly Martin, who acted as trustee of the KM Revocable Trust. Matthew Quattrociocchi represented the seller, The Zaccaria family trust, in this transaction.

Players

Marcy Javor

Signature One Realty Group

Broker

$75.2M

vol

4 deals

Broker

Boca Raton Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.91%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93