One of downtown Boca Raton’s long-vacant patches of land could finally trade weeds for glass and concrete. A developer has filed plans for a nine-story condominium at 375 E Royal Palm Road, calling for 82 residences with resort-style perks on a site that has been sitting empty for years.
The proposal would scrap an older approval for senior housing and replace it with a roughly 222,188-square-foot multifamily building that tops out at about 100 feet. Plans outline 82 condo units and a three-level internal parking structure, including one below-grade level, according to the city’s Projects in Review docket from the City of Boca Raton. The filing is structured as an amendment to an existing Individual Development Approval that already covered the combined 343 and 375 East Royal Palm parcels.
Who Owns The Land And How It Was Bought
Public records show the two neighboring parcels traded hands in October 2025, when Royal Palm 343375 LLC paid a combined total of about $30.1 million. The Palm Beach County Property Appraiser reports 375 E Royal Palm sold for $27,000,000 on Oct. 22, 2025, while a separate Palm Beach County Property Appraiser entry lists 343 E Royal Palm as selling for $3,100,000 on Oct. 9, 2025.
State business-registration records identify Jeffrey E. Sobel as the registered agent for Royal Palm 343375 LLC, tying the buyer to the Sobel family’s development interests in South Florida, according to Bizprofile.
Design And Amenities
The project is pitched as a condo building with generous floorplans, with units averaging about 2,340 square feet. Plans and coverage describe a rooftop resort-style swimming pool and a covered parking program of roughly 148 spaces. GarciaStromberg, a West Palm Beach architecture firm, is identified as the project architect in reporting on the proposal, according to Florida YIMBY.
Site History And Zoning Background
This corner of downtown is no stranger to big plans that never quite materialized. The lots at 343 and 375 E Royal Palm were previously entitled for a nine-story assisted-living and memory-care facility. Earlier approvals authorized a larger senior-housing concept that was later pared back, but the project stalled before construction began.
The newly filed condo proposal seeks to change that prior approval rather than start from scratch. It is structured as an amendment to the existing Individual Development Approval, which pulls the project into the city’s standard development-review process, according to the City of Boca Raton.
What Happens Next
For now, the plan is sitting in the early stages of staff review. It has not yet been scheduled for hearings before the Planning & Zoning Board or the Community Redevelopment Agency. If it moves ahead, the developer will need an amendment to the existing IDA along with public hearings where neighbors and other stakeholders can weigh in.
Before any votes, the team will also have to work through technical reviews on traffic, stormwater and other infrastructure impacts, as outlined in early coverage of the filing by Florida YIMBY.
Developer Context
The entity behind the Royal Palm site is linked to SobelCo, which has been active in major South Florida developments, including a multi-tower condominium plan in Riviera Beach. That track record helps explain the push to bundle these downtown Boca parcels and chase a luxury condo play instead of reviving the shelved senior-housing project, according to The Real Deal.
