NOT LISTED FOR SALE

1 Royal Palm Way Unit 1020 Boca Raton, FL 33432

Estimated Value: $343,811 - $395,000

2 Beds
2 Baths
1,130 Sq Ft
8.22 Acres

Last Sold February 25, 2019

Last sale price $230,000 $204 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,514/month

Highlights

  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • No HOA
  • Boca Raton Community Middle School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of December 2023

Absolutely Stunning Condominium Available for Rent! This exquisite 2-bedroom, 2-bathroom condominium located in a secure gated community that offers a lifestyle beyond compare. One of the standout features of this condominium is its incredible location. Situated within a gated community, plus the ease of access to the Intracoastal Waterway is simply unmatched. Just walk down the stairs, and you'll find yourself in paradise with breathtaking water views and endless opportunities for relaxation and recreation. The kitchen is a chef's dream with modern stainless steel appliances that are as functional as they are stylish. The unit has been freshly painted
Both bedrooms feature spacious walk-in closets. Rental of dock space is on a waiting list.

Last Agent to Rent the Property

Maydelis Rodriguez

Best Choice Real Estate Inc License #3150317 Listed on: 09/12/2023

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • 8.22

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Built-Up Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • Intracoastal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Additional Features

  • Property fronts an intracoastal waterway
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 9/12/23
  • 12 Months Lease Term
  • Assessor Parcel Number 06434731060011020

Community Details

Overview

  • No Home Owners Association
  • Boca Bayou Condo
  • Boca Bayou Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant

Condo Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-09-12
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1976
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: BOCA BAYOU CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Living Area: 1130

Exterior Features

  • Roof: Built-Up
  • View: Intracoastal View
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BOCA BAYOU CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated with Guard

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Guard At Gate, Laundry Facility
  • Association: No

Lot Info

  • Parcel Number: 06434731060011020
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: R4 (city
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Pedron Sandra Maria and Belabin Jeffrey
Bought by
Pedron Sandra Maria and Belabin Sandra Maria
Current Estimated Value
$375,703

Purchase Details

Listed on
Oct 28, 2018
Closed on
Feb 25, 2019
Sold by
Stolk Carlos Eduardo and Stolk Carlos Eduardo
Bought by
Belabin Sandra Maria
Seller's Agent
Barbara Reiter
Grand Floridian Estate Realty
Buyer's Agent
Brandon Meneses
The Agency Florida LLC
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$100,000
Outstanding Balance
$87,380
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$288,323

Purchase Details

Closed on
Dec 14, 2012
Sold by
Stolk Carlos Eduardo and Stolk Maria H
Bought by
Stolk Carlos Eduardo and Carlos E Stolk Declaration Of Trust

Purchase Details

Closed on
Dec 9, 2003
Sold by
Argento Alexander A
Bought by
Morris Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2001
Sold by
William D Ross I
Bought by
Argento Alexander A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,800
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1996
Sold by
Ross William D
Bought by
Ross William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,048
Interest Rate
8.36%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pedron Sandra Maria -- Attorney
Belabin Sandra Maria $230,000 Attorney
Stolk Carlos Eduardo -- Attorney
Stolk A Carlos Eduardo $209,000 Attorney
Morris Sarah E $112,500 --
Morris Sarah E $112,500 --
Argento Alexander A $124,000 --
Ross William D $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belabin Sandra Maria $100,000
Previous Owner Morris Sarah E $180,000
Previous Owner Ross William D $152,950
Previous Owner Ross William D $117,800
Previous Owner Ross William D $37,048
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Rented $2,400 -4.0% --
10/12/2023 10/12/23 Price Changed $2,500 -3.8% $2 / Sq Ft
09/21/2023 09/21/23 Price Changed $2,600 -5.5% $2 / Sq Ft
09/12/2023 09/12/23 For Rent $2,750 0.0% --
02/25/2019 02/25/19 Sold $230,000 -8.0% $204 / Sq Ft View Prior Sale
01/26/2019 01/26/19 Pending -- -- --
10/28/2018 10/28/18 For Sale $250,000 -- $221 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,479 $300,000 -- --
2024 $6,479 $320,000 -- --
2023 $3,238 $171,045 $0 $0
2022 $3,190 $166,063 $0 $0
2021 $3,147 $161,226 $0 $0
2020 $3,146 $159,000 $0 $159,000
2019 $3,068 $152,000 $0 $152,000
2018 $2,808 $145,000 $0 $145,000
2017 $2,894 $148,000 $0 $0
2016 $2,943 $148,000 $0 $0
2015 $2,849 $139,000 $0 $0
2014 $2,710 $130,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maydelis Rodriguez

    Landlord's Agent in 2023

    Maydelis Rodriguez

    Best Choice Real Estate Inc

    (786) 299-1802

    21 Total Sales

    Maydelis Rodriguez
    Section Image

  • B

    Seller's Agent in 2019

    Barbara Reiter

    Grand Floridian Estate Realty

    (561) 866-4385

    31 Total Sales

    Barbara Reiter
    Section Image

  • B

    Buyer's Agent in 2019

    Brandon Meneses

    The Agency Florida LLC

    (561) 674-1733

    3 Total Sales

    Brandon Meneses
    Section Image
  • Jonathan Alexander

    Buyer Co-Listing Agent in 2019

    Jonathan Alexander

    EXP Realty LLC

    (561) 962-2865

    179 Total Sales

    Jonathan Alexander
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11451634

MIAMI REALTORS® MLS

APN: 06-43-47-31-06-001-1020

Florida Palm Beach County Boca Raton 33432

1 Royal Palm Way Unit 1020, Boca Raton, FL

Not Listed for Sale

Condos

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