NOT LISTED FOR SALE

13 Royal Palm Way Unit 3040 Boca Raton, FL 33432

Estimated Value: $252,022 - $301,000

1 Bed
1 Bath
795 Sq Ft
$495/mo HOA Fee

Last Sold August 07, 2023

Last sale price $250,000 $314 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,293/month

119 Days on Market

Highlights

  • Property has ocean access
  • Fitness Center
  • Gated Community
  • Boca Raton Community Middle School Rated A-
  • Bay View
  • Home fronts a canal

About This Home

As of August 2023

AMAZING VIEWS! Newly available 1 bedroom 1 bath, located in the beautiful Boca Bayou gated community. Enjoy the East ocean breeze from your private screened balcony with canal views. Dock slips available. Washer Dryer in every unit to be removed with all new tenants. Closest unit to trash chute, elevator & personal storage unit. Perfect investment property. COMPLEX HAS UNDERGONE 40-YEAR INSPECTION/RENOVATION HAS BEEN DONE. Condo fee covers, bldg. ins, water, hot water, cable, 24 hour gated security & RESERVES! 5 minutes to down town, restaurants, shopping and the beach. A RATED school district...Amenities include Billiards; Boating; Clubhouse; Community Room; Elevator; Extra Storage; Fitness Center; Game Room; Picnic Area; Play Area; Pool; Putting Green; Sauna; Shuffleboard; & Tennis.

Last Agent to Sell the Property

Vincent Scarsella

Premier Elite Realty License #3391450 Listed on: 04/09/2023

Last Buyer's Agent

Deborah Meltzer

Signature Best Florida Realty License #3225306

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $961

Year Built

  • Built in 1976

Lot Details

  • Home fronts a canal

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Bay
  • Canal

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 795 Sq Ft Home
  • Screened Porch
  • Tile Flooring
  • Washer and Dryer

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434731060133040

Community Details

Overview

  • Association fees include amenities, common areas, cable TV, laundry, maintenance structure, pool(s), roof, security, trash, water
  • Boca Bayou Condominiums Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$961

Year Built

Built in 1976

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SW 18 St/Royal Palm.
  • Year Built: 1976
  • Entry Level: 3
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Other, Third Floor Entry
  • Main Level Bedrooms: 1
  • Appliances: Dryer, Dishwasher, Disposal, Washer/Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 795.0
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony
  • View: Bay, Canal
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Canal Front, Dock Access, Ocean Access
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area, Washer Hookup, Dryer Hookup
  • Security: Complex Fenced, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 495.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Boat Dock, Clubhouse, Fitness Center, Hobby Room, Laundry, Playground, Pool, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Amenities, Common Areas, Cable TV, Laundry, Maintenance Structure, Pool(s), Roof, Security, Trash, Water

Lot Info

  • Parcel #: 06434731060133040

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 961.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2023
Closed on
Aug 7, 2023
Sold by
Gordon Kenneth and Castellano Deborah
Bought by
Shain Ron and Shain Dayna
Seller's Agent
Vincent Scarsella
Premier Elite Realty
Buyer's Agent
Deborah Meltzer
Signature Best Florida Realty
List Price
$295,000
Sold Price
$250,000
Premium/Discount to List
-$45,000
-15.25%
Views
332
Current Estimated Value
$274,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,256
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
Feb 22, 2019
Sold by
Gordon David H
Bought by
Gordon Kenneth and Castellano Deborah

Purchase Details

Closed on
Feb 15, 2005
Sold by
Gordon Margarita Maria
Bought by
Gordon David H

Purchase Details

Closed on
Apr 2, 2001
Sold by
Robert W Wilson I
Bought by
Gordon Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1999
Sold by
Barber Denis R
Bought by
Wilson Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,300
Interest Rate
7.66%
Mortgage Type
New Conventional
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
Shain Ron $250,000 Assure America Title
Shain Ron $250,000 Assure America Title
Gordon Kenneth -- Attorney
Gordon David H -- --
Gordon Kenneth $92,500 --
Wilson Robert W $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Robert W $67,200
Previous Owner Wilson Robert W $48,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold $250,000 -15.3% $314 / Sq Ft
04/09/2023 04/09/23 For Sale $295,000 -- $371 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,260 $220,000 -- --
2024 $4,260 $235,000 -- --
2023 $999 $90,330 $0 $0
2022 $961 $87,699 $0 $0
2021 $927 $85,145 $0 $0
2020 $908 $83,969 $0 $0
2019 $897 $82,081 $0 $0
2018 $817 $80,551 $0 $0
2017 $791 $78,894 $0 $0
2016 $761 $77,271 $0 $0
2015 $759 $76,734 $0 $0
2014 $758 $76,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10372887

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-31-06-013-3040