NOT LISTED FOR SALE

13 Royal Palm Way Unit 4040 Boca Raton, FL 33432

Estimated Value: $262,595 - $347,000

1 Bed
1 Bath
795 Sq Ft
$433/mo HOA Fee

Last Sold April 18, 2022

Last sale price $303,000 $381 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,253/month

27 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Fitness Center
  • Boca Raton Community Middle School Rated A-
  • Home fronts navigable water
  • Gated with Attendant

About This Home

As of April 2022

Resort style living with magnificent water view! 1 Bedroom 1 Bathroom condo fully updated throughout. The kitchen offers new kitchen cabinets, quartz counter tops and stainless steel appliances. The screened in patio boasts the best view in all of Boca Bayou of the Hillsboro Canal with direct access to the Intracoastal Waterway. The condo is luxury laminate throughout living areas with tile bathroom and glass tile shower. Gated community, 5 swimming pools, clubhouse & tennis courts. Leases are allowed immediately after the transfer of ownership, residents are permitted to rent available boat docks. Condo comes with a storage locker and parking spot #332. Only 5 minutes to the beach, Mizner Park, Royal Palm Plaza & more! Assessments to be paid by Seller.

Last Agent to Sell the Property

Jeffrey Silver

KW Innovations License #3321050 Listed on: 03/21/2022

KW Innovations

Co-Listed By

Shayne Silver

KW Innovations License #3328830

Last Buyer's Agent

Richard Berland

Inactive Member License #3526026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 1976

Lot Details

  • Home fronts navigable water

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 795 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Canal Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 06434731060134040

Community Details

Overview

  • Association fees include common areas, cable TV, hot water, insurance, ground maintenance, maintenance structure, recreation facilities, sewer, water
  • High-Rise Condominium
  • Boca Bayou Condo Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,780

Year Built

Built in 1976

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: In the corner of S Dixie Hwy and Royal Palm Way.
  • Year Built: 1976
  • Architectural Style: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Kitchen/Dining Combo, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 795.0
  • Stories: 6
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Balcony, TV Antenna
  • View: Canal
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 433.0
  • Community Features: Boat Facilities, Clubhouse, Gated, Property Manager On-Site, Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Management, Pool, Storage, Tennis Court(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Sewer, Water

Schools

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

Lot Info

  • Parcel #: 06434731060134040
  • Lot Size: Paved Road,West of US-1
  • Zoning Description: R4(cit

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1780.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Starboard Kiera
Bought by
Kcs Living Trust
Current Estimated Value
$291,649

Purchase Details

Listed on
Mar 21, 2022
Closed on
Apr 12, 2022
Sold by
Decosmis Richard
Bought by
Starboard Kiera
Seller's Agent
Jeffrey Silver
KW Innovations
Buyer's Agent
Richard Berland
Inactive Member
List Price
$295,000
Sold Price
$303,000
Premium/Discount to List
$8,000
2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.03%
Original Mortgage
$130,000
Interest Rate
4.72%

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 30, 2018
Sold by
Goldman Scott A and Goldman Jed C
Bought by
Decosmis Ii Richard
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Kiara Bigato
Atlantic One Realty Group LLC
List Price
$157,000
Sold Price
$151,000
Premium/Discount to List
-$6,000
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.09%
Original Mortgage
$135,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2011
Sold by
Goldman Fred and Goldman Fredrick
Bought by
Goldman Fredrick and Revocable Living Trust Agreement Of Fred

Purchase Details

Closed on
Oct 13, 2000
Sold by
Orcinolo Anthony
Bought by
Goldman Fred

Purchase Details

Closed on
Jun 30, 1998
Sold by
Suess Richard A
Bought by
Orcinolo Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
7.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kcs Living Trust -- None Listed On Document
Starboard Kiera $303,000 La Playa Title
Decosmis Ii Richard $151,000 Corporate Title Inc
Goldman Fredrick -- Attorney
Goldman Fred $77,000 --
Orcinolo Anthony $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Starboard Kiera $130,000
Previous Owner Decosmis Ii Richard $135,900
Previous Owner Orcinolo Anthony $59,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2022 04/18/22 Sold $303,000 +2.7% $381 / Sq Ft
03/21/2022 03/21/22 For Sale $295,000 +95.4% $371 / Sq Ft
08/30/2018 08/30/18 Sold $151,000 -3.8% $190 / Sq Ft View Prior Sale
07/31/2018 07/31/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $157,000 -- $197 / 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 $3,427 $220,000 -- --
2024 $3,427 $231,750 -- --
2023 $3,337 $225,000 $0 $225,000
2022 $3,634 $192,400 $0 $0
2021 $1,780 $125,736 $0 $0
2020 $1,752 $124,000 $0 $124,000
2019 $1,760 $122,000 $0 $122,000
2018 $2,418 $127,000 $0 $127,000
2017 $2,253 $117,000 $0 $0
2016 $2,144 $99,825 $0 $0
2015 $2,015 $90,750 $0 $0
2014 $1,844 $82,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10785555

BeachesMLS

APN: 06-43-47-31-06-013-4040