RENTED JAN 1, 2025

13 Royal Palm Way Unit 3060 Boca Raton, FL 33432

Estimated Value: $370,216 - $493,000

2 Beds
2 Baths
1,130 Sq Ft
8.22 Acres

Last Sold March 25, 2022

Last sale price $425,000 $376 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,646/month

Highlights

  • Boat Ramp
  • Property has ocean access
  • Gated with Attendant
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • River View

About This Home

As of January 2025

Run don't walk! This seasonal rental won't last! Everything you need for this upcoming season. Water, Water everywhere! Enjoy the daily boat parade from your screened balcony. Living room with forever water views. Fabulous private end unit location. Side window offers additional long water views and natural light. Completely updated and beautiful deluxe model. Pride of ownership shows throughout. Looking for that special tenant looking for the perfect winter getaway. Natural light fills this SE facing condo with an open concept floor plan. Beautifully appointed 2BD/2BA condo located in Downtown Boca, near shops, restaurants & entertainment. Gated boating community w/ 5 heated pools and 2 lighted tennis courts. RESORT STYLE LIVING!

Last Agent to Rent the Property

Lynn Johnsen

RE/MAX Services License #576611 Listed on: 11/14/2023

RE/MAX Services

Last Renter's Agent

Susan Gabriele

The Keyes Company License #3321340

The Keyes Company

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 8.22

Property Views

  • River
  • Canal
  • Pool

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,130 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Entrance Foyer
  • Screened Porch
  • Ceramic Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Canal Access
  • Balcony

Schools

  • Boca Raton Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Additional Features

  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 1/1/24
  • Assessor Parcel Number 06434731060133060

Community Details

Overview

  • 721 Units
  • Boca Bayou Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Bocce Ball Court
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant

Condo Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Available Date: 2024-01-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SW 18 St/Royal Palm. Located between US 1 and Dixie Hwy. Entrance is on southside. After Guard gate go toward the right-after S curve go left toward the back of the community. 2nd stop sign go left
  • Year Built: 1980
  • Entry Level: 3
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Pantry, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1130.0

Exterior Features

  • Exterior Features: Balcony, Tennis Court(s)
  • View: Canal, Pool, River
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access, Fixed Bridge, Ocean Access
  • Waterfront: Yes
  • Patio And Porch Features: Balcony, Porch, Screened

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bocce Court, Fitness Center, Pool, Tennis Court(s)
  • Pets Allowed: No

Schools

  • Elementary School: Boca Raton
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434731060133060
  • Lot Size: Private Road,West of US-

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
Mar 25, 2022
Sold by
Margus Bradley A and Hiebner Victoria
Bought by
Malone Laura
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Andrew Turzak
One Sotheby's International Realty
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$421,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,696
Avg. Annual Appreciation
-0.23%
Original Mortgage
$378,900
Outstanding Balance
$354,767
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$66,537

Purchase Details

Closed on
Jan 6, 2015
Sold by
Margus Margaret C
Bought by
Margus Margaret C and Margus Bradley A

Purchase Details

Closed on
Aug 7, 2001
Sold by
Margus Albert F and Margus Ruth D
Bought by
Margus Margaret C

Purchase Details

Closed on
Jul 22, 1993
Sold by
Kirwan James T
Bought by
Margus Albert F
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
Malone Laura $425,000 Corporate Title
Margus Margaret C -- Attorney
Margus Margaret C $95,000 --
Margus Albert F $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone Laura $378,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/01/2025 01/01/25 Rented $5,500 0.0% --
05/06/2024 05/06/24 Under Contract -- -- --
11/14/2023 11/14/23 For Rent $5,500 0.0% --
03/25/2022 03/25/22 Sold $425,000 0.0% $376 / Sq Ft View Prior Sale
02/23/2022 02/23/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $425,000 -- $376 / Sq Ft
Source: BeachesMLS

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 $5,159 $320,000 -- --
2024 $5,159 $328,570 -- --
2023 $5,035 $319,000 $0 $319,000
2022 $5,035 $272,200 $0 $0
2021 $2,194 $148,649 $0 $0
2020 $2,160 $146,597 $0 $0
2019 $2,156 $143,301 $0 $0
2018 $2,006 $140,629 $0 $0
2017 $1,976 $137,737 $0 $0
2016 $1,951 $134,904 $0 $0
2015 $1,981 $133,966 $0 $0
2014 $1,985 $132,903 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10935956

BeachesMLS

APN: 06-43-47-31-06-013-3060