NOT LISTED FOR SALE

15 Royal Palm Way Unit 1080 Boca Raton, FL 33432

Estimated Value: $404,000 - $441,000

2 Beds
2 Baths
1,130 Sq Ft
30.08 Acres

Last Sold October 27, 2014

Last sale price $185,000 $164 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,651/month

Highlights

  • Boat Ramp
  • Property has ocean access
  • Gated with Attendant
  • Boca Raton Community Middle School Rated A-
  • Intracoastal View
  • Waterfront

About This Home

As of September 2022

PRIVATE BOAT DOCK INCLUDED IN THE RENT! WATERVIEW. First floor PRIVATE CORNER WATERFRONT UNIT in NEWLY RENOVATED BLDG with 2 bdrms, both with full bath, open updated kitchen with granite, large center island and stainless steel appliances, wood and tile floors, screened in porch walks onto you OWN BRAND NEW DOCK! DRYER AND WASHER in unit. Alarm with motion detector. Access to intracoastal. Up to 31' BOAT ALLOWED. Boca Bayou is a manned gated community with 5 pools, tennis, clubhouse and more, minutes from BEACH AND MIZNER PARK, new opened gorgeous town park across the street

Last Agent to Rent the Property

Rina Fern

United Realty Group, Inc License #3270947 Listed on: 08/11/2022

Last Renter's Agent

Lynne Gewant

Coldwell Banker Realty /Delray Beach License #3075809

Coldwell Banker Realty /Delray Beach

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,160

Year Built

  • Built in 1978

Lot Details

  • Waterfront

Property Views

  • Intracoastal
  • Canal

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,130 Sq Ft Home
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • TV Antenna

Listing and Financial Details

  • Property Available on 8/11/22
  • Assessor Parcel Number 06434731060151080

Community Details

Overview

  • 600 Units
  • Boca Bayou Condo Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Laundry Facilities

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Community Pool
  • Recreational Area

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,160

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2022-08-11

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: DIXIE OR FEDERAL HWY TO ROYAL PALM WAY
  • Year Built: 1978
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1130.0

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, TV Antenna, Tennis Court(s)
  • View: Canal, Intercoastal
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access, Ocean Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Patio And Porch Features: Porch, Screened

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Security System, Gated with Guard, Motion Detectors, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Clubhouse, Gated, Property Manager On-Site, Pool, Tennis Court(s), Recreation Area
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Laundry, Management, Pool, Tennis Court(s)
  • Pets Allowed: No

Lot Info

  • Parcel #: 06434731060151080

Multi Family

  • Number Of Units In Community: 600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2018
Sold by
Fern Steven and Fern Rina
Bought by
Fern Steven J
Current Estimated Value
$416,840

Purchase Details

Closed on
Dec 9, 2016
Sold by
Menihtas Philipp
Bought by
Mangs Jan Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$166,981
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$269,301

Purchase Details

Listed on
Jun 23, 2014
Closed on
Oct 27, 2014
Sold by
Fannie Mae
Bought by
Fern Steven
Seller's Agent
David Cohen
Premier Estate Properties Inc.
Buyer's Agent
Danielle Posillico
Coldwell Banker
List Price
$212,000
Sold Price
$185,000
Premium/Discount to List
-$27,000
-12.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$166,500
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2013
Sold by
Lanser Maureen and Lanser Frank David
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 17, 2005
Sold by
Kelly Brenden and Kelly Brian
Bought by
Lanser Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 24, 2004
Sold by
Brown Arlene
Bought by
Kelly Brenden

Purchase Details

Closed on
May 22, 1997
Sold by
Miskotten Kim S and Whitehouse Clyde Whitehouse
Bought by
Brown Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,700
Interest Rate
8.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 1995
Sold by
Pede Rene L O
Bought by
Miskotten Kim S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.76%
Source: Public Records

Range of Values:

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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
Fern Steven J -- Attorney
Mangs Jan Christian $272,000 Family Escrow & Title Inc
Fern Steven $185,000 Attorney
Federal National Mortgage Association $271,709 Attorney
Lanser Maureen $307,000 Bankers Title & Escrow Inc
Kelly Brenden $275,000 Bankers Title & Escrow Inc
Brown Arlene $93,000 --
Miskotten Kim S $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangs Jan Christian $204,000
Previous Owner Fern Steven $166,500
Previous Owner Lanser Maureen $307,000
Previous Owner Kelly Brian R $206,250
Previous Owner Brown Arlene $69,700
Previous Owner Miskotten Kim S $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Rented $3,000 +1.7% --
08/16/2022 08/16/22 Under Contract -- -- --
08/11/2022 08/11/22 For Rent $2,950 +53.2% --
08/01/2019 08/01/19 Rented $1,925 0.0% --
07/02/2019 07/02/19 Under Contract -- -- --
03/01/2019 03/01/19 For Rent $1,925 +13.2% --
02/06/2015 02/06/15 Rented $1,700 -10.1% --
01/07/2015 01/07/15 Under Contract -- -- --
10/28/2014 10/28/14 For Rent $1,890 0.0% --
10/27/2014 10/27/14 Sold $185,000 -12.7% $164 / Sq Ft
09/27/2014 09/27/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $212,000 -- $188 / 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
2024 $5,160 $254,753 -- --
2023 $4,797 $231,594 $0 $0
2022 $4,354 $210,540 $0 $0
2021 $3,708 $193,000 $0 $193,000
2020 $3,382 $174,000 $0 $174,000
2019 $3,346 $167,000 $0 $167,000
2018 $3,038 $158,000 $0 $158,000
2017 $3,147 $162,000 $0 $0
2016 $3,240 $164,000 $0 $0
2015 $3,232 $159,000 $0 $0
2014 $3,001 $145,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10824030

BeachesMLS

APN: 06-43-47-31-06-015-1080