$370,000
$89K PRICE DROP

15 Royal Palm Way Unit 5050 Boca Raton, FL 33432

Estimated payment $3,156/month

Total Views 4,061
2 Beds
2 Baths
1,130 Sq Ft
$327 Price per Sq Ft

Highlights

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

About This Home

Lovely 2 bedroom, 2 bath corner unit located on the 5th floor. A deluxe unit offers additional square footage compared to standard units, providing a more spacious interior and accommodating an eat-in kitchen. This deluxe corner unit offers a prime waterfront lifestyle w/ panoramic canal views. The unit is located in 1 of only 7 buildings in the community that permit an in-unit washer and dryer (a rare feature for this complex). An active boating community with quick access to the Intracoastal Waterway and ocean inlet. Community clubhouse is undergoing a total renovation, w/ the seller having already paid all prior assessments, and no current assessments are due. Supremely located just 2 miles from Boca beaches, Deerfield Beach pier, and minutes to local shopping and dining options.

Listing Agent

Susan Childs

Cashmere Properties of Boca, LLC License #3218733 Listed on: 04/18/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 1977

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • Sprinkler System

HOA Fees

  • $807 Monthly HOA Fees

Property Views

  • Intracoastal
  • River
  • Canal

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,130 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Casement Windows
  • Entrance Foyer
  • Great Room
  • Open Floorplan
  • Screened Porch
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 06434731060155050

Community Details

Overview

  • Association fees include common areas, cable TV, hot water, insurance, laundry, ground maintenance, maintenance structure, pool(s), reserve fund, security, water
  • 721 Units
  • High-Rise Condominium
  • Boca Bayou Subdivision
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

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

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,940

Year Built

Built in 1977

Lot Details

0

HOA Fees

$807 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SW 18th Street between US-1 and Dixie Highway...entrance on South side of street...follow through guard gate to Building 15...unit number is 505...
  • Year Built: 1977
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Entrance Foyer, Eat-in Kitchen, Kitchen/Dining Combo, Living/Dining Room, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1130.0
  • Dining Room Type: Great Room
  • Stories: 6
  • Window Features: Blinds, Casement Window(s), Drapes, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Canal, Intercoastal, River, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, Ocean Access, River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

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

Utilities

  • Laundry Features: Common Area, Washer Hookup, Dryer Hookup
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 807.0
  • Community Features: Boat Facilities, Bocce Court, Clubhouse, Gated, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bocce Court, Clubhouse, Fitness Center, Laundry, Management, Pool, Putting Green(s), Sauna, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Hot Water, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Security, Water

Schools

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

Lot Info

  • Parcel #: 06434731060155050
  • Lot Size: Private Road,West of US-
  • Zoning Description: R4(cit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4940.0

Multi Family

  • Number Of Units In Community: 721

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 $4,940 $240,112 -- --
2023 $4,589 $218,284 $0 $0
2022 $4,155 $198,440 $0 $0
2021 $3,516 $183,000 $0 $183,000
2020 $3,202 $164,000 $0 $164,000
2019 $3,161 $157,000 $0 $157,000
2018 $2,861 $148,000 $0 $148,000
2017 $2,966 $152,000 $0 $0
2016 $3,055 $154,000 $0 $0
2015 $3,035 $148,500 $0 $0
2014 $2,807 $135,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 Price Changed $370,000 -7.3% $327 / Sq Ft
08/28/2025 08/28/25 Price Changed $399,000 -2.4% $353 / Sq Ft
07/23/2025 07/23/25 Price Changed $409,000 -4.9% $362 / Sq Ft
06/21/2025 06/21/25 Price Changed $429,900 -4.4% $380 / Sq Ft
05/10/2025 05/10/25 Price Changed $449,900 -2.0% $398 / Sq Ft
04/18/2025 04/18/25 For Sale $459,000 -- $406 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $66,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $46,000 No Value Available
Source: Public Records

Source: BeachesMLS

MLS Number: R11082760

BeachesMLS

APN: 06-43-47-31-06-015-5050

Florida Palm Beach County Boca Raton 33432

15 Royal Palm Way Unit 5050, Boca Raton, FL

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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Susan Childs
Section Image
Cashmere Properties of Boca, LLC
(561) 678-5693