$270,000
$5K PRICE DROP

12 Royal Palm Way Unit 5040 Boca Raton, FL 33432

Estimated payment $2,248/month

Total Views 5,476
1 Bed
1 Bath
795 Sq Ft
$340 Price per Sq Ft

Highlights

  • Gated Community
  • Waterfront
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Canal Access
  • Furnished

About This Home

Priced to sell! Investors welcomed, can be rented immediately. Can put as little as 3% downpayment! This charming one bedroom, one bathroom, with an updated kitchen and flooring. Can come furnished or unfurnished. Hurricane rated sliding doors. No laundry in the unit. Enjoy the breezes on the screened balcony with a water view. All assessments paid by the seller. Boca Bayou offers 5 swimming pools, tennis courts and boat dockage rental. Only 5 minutes to the beach, Mizner Park, Royal Palm and much more! Assoc fee includes building insurance, water, cable w/HBO's, 24 hour gated security & FULL RESERVES.

Listing Agent

Amanda Goldberg

Open to Close Realty License #3488765 Listed on: 07/07/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 1979

Lot Details

  • Waterfront
  • South Facing Home

HOA Fees

  • $612 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 795 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434731060125040
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include amenities, common areas, cable TV, laundry, recreation facilities, roof, sewer, security, trash, water
  • Boca Bayou Subdivision
  • Car Wash Area
  • 1-Story Property

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,516

Year Built

Built in 1979

Lot Details

0

HOA Fees

$612 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Use GPS
  • Year Built: 1979
  • Carport Y N: No
  • Entry Level: 5
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Living/Dining Room, Main Living Area Entry Level, Pantry
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 795.0
  • Stories: 6
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors
  • View: Canal
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Beach Access, Canal Access, Dock Access, Other, Water Access
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, One Space

Utilities

  • Security: Complex Fenced, Key Card Entry, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 612.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Pool, Trash, Vehicle Wash Area, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Amenities, Common Areas, Cable TV, Laundry, Recreation Facilities, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434731060125040

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2516.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2024 $3,468 $166,907 -- --
2023 $3,270 $151,734 $0 $0
2022 $2,967 $137,940 $0 $0
2021 $2,516 $127,000 $0 $127,000
2020 $2,299 $114,000 $0 $114,000
2019 $2,324 $112,000 $0 $112,000
2018 $2,310 $117,000 $0 $117,000
2017 $2,021 $107,000 $0 $0
2016 $1,921 $86,515 $0 $0
2015 $1,799 $78,650 $0 $0
2014 $1,638 $71,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Price Changed $270,000 -1.8% $340 / Sq Ft
01/02/2025 01/02/25 Price Changed $275,000 0.0% $346 / Sq Ft
01/02/2025 01/02/25 For Sale $275,000 +1.9% $346 / Sq Ft
10/18/2024 10/18/24 Off Market $270,000 -- --
07/22/2024 07/22/24 Price Changed $270,000 -1.8% $340 / Sq Ft
07/07/2024 07/07/24 For Sale $275,000 +96.1% $346 / Sq Ft
05/05/2017 05/05/17 Sold $140,233 -15.0% $176 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
08/08/2016 08/08/16 For Sale $164,900 0.0% $207 / Sq Ft
03/07/2014 03/07/14 Rented $975 -11.4% --
02/05/2014 02/05/14 Under Contract -- -- --
12/20/2013 12/20/13 For Rent $1,100 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,233 Florida Title & Closing Co
Warranty Deed $184,000 Empire Title & Trust
Warranty Deed $100,000 Gold Coast Title Company
Warranty Deed $58,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $114,000 Unknown
Previous Owner $75,000 No Value Available
Previous Owner $32,000 New Conventional
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10449732

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-31-06-012-5040

Florida Palm Beach County Boca Raton 33432

12 Royal Palm Way Unit 5040, Boca Raton, FL

This home is located at 12 Royal Palm Way Unit 5040, Boca Raton, FL 33432 and is currently priced at $270,000, approximately $339 per square foot. This property was built in 1979. 12 Royal Palm Way Unit 5040 is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Amanda Goldberg
Listing Agent
Amanda Goldberg
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Open to Close Realty
(561) 407-7838