Royal Palm Residences unveils $10 million-dollar penthouse

by Kerrie Kennedy

South Florida developer Group P6 has announced its aptly named Sky Palace penthouse at Royal Palm Residences in Boca Raton will hit the market in two weeks for $10 million.

Expected to be delivered in 2022, the 7,120 square-foot penthouse will feature 360-degree views of the Atlantic Ocean, Boca Resort, Intracoastal waterway and downtown Boca Raton. The unit has two private elevators,  four underground assigned parking spaces, a custom wine cellar and home theater.

The nine-story, 48-residence condominium is located on the corner of Fifth Avenue and East Royal Palm Road, where the city meets the sea.  A planned, six-acre, multi-million-dollar waterfront park will sit just outside the building’s front lobby.

“This penthouse is a mansion in the sky and is unlike anything else being offered in Boca Raton,” said Group P6 Managing Partner Ignacio Diaz in a press release. “It offers the ultimate in luxury living with the convenience of being near downtown.”  

Residents will have access to an expansive wellness plaza encompassing a fitness center, boutique pool with a heated spa and a club room with European kitchen and bar for entertaining. The building will also feature a 24-hour doorman and private underground storage. 

Ranging in size from 2,425 to 7,168 square feet, the remaining three- to five-bedrooms residences start at $1.75 million.

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