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133 Coconut Palm Road

Updated Aug 26, 2026

William Mark Lanier's Trust Acquires Boca Raton Waterfront Mansion For $16.8M With David Roberts As The Broker
SOLDSingle Family

William Mark Lanier's Trust Acquires Boca Raton Waterfront Mansion For $16.8M With David Roberts As The Broker

133 Coconut Palm Road

$16,800,000

$2,000/SF

Building Size

8,400 SF

Asset Type

Single Family

Closing

Aug 25, 2026

About this deal

AI

A waterfront mansion located at 133 Coconut Palm Road in Boca Raton, FL, is listed under contract for $16.8 million. This single-family asset spans 8,400 square feet, with a price per square foot of $2,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $16,800,000
  • Address: 133 Coconut Palm Road
  • Market: Boca Raton, FL
  • Seller: William Mark Lanier, Becky Lanier & Kevin Dale Roberts - 133 West Coconut Trust
  • Broker: David Roberts - Royal Palm Properties
  • Total Square Footage: 8,400
  • Price Per Square Foot: $2,000

This transaction is notable as it involves a trust related to trial attorney William Mark Lanier, who previously acquired the property for $11.5 million in 2019. The estate was the most significant deal among 14 luxury contracts in Palm Beach County, collectively amounting to $77.1 million from August 17 to August 23.

Players

David Roberts

Royal Palm Properties

Broker

$490M

vol

32 deals

Broker

Boca Raton Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

About $2K per square foot on a published $16.8M for 8,400 square feet (2026).

Visit David Roberts to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.94%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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