NOT LISTED FOR SALE

16 Royal Palm Way Unit 102 Boca Raton, FL 33432

Estimated Value: $392,446 - $515,000

2 Beds
2 Baths
1,130 Sq Ft
$588/mo HOA Fee

Last Sold March 29, 2022

Last sale price $436,000 $386 Per Sq Ft

Current estimated payment $3,354/month

26 Days on Market

Highlights

  • Property has ocean access
  • Gated Community
  • Clubhouse
  • Boca Raton Community Middle School Rated A-
  • Home fronts a canal
  • Screened Porch

About This Home

As of March 2022

This is it!! Waterfront, deep-water access in east Boca Raton . . .including a DEEDED DOCK! Just a few minute boat ride to Boca Raton inlet! Magnificent features include tiled floors throughout; wood cabinets; marble counters; knockdown walls; beautiful moldings; renovated bathrooms; oversized walk-in closets & more! Enjoy the split-bedroom plan, eat-in kitchen, large family area and screen-enclosed patio! Unique renovation provides for interior washer/dryer hookup and HUGE master closet. Deeded dock is on open-end of canal, and has been completely refurbished- from pilings to decking! Community offers 24-hour manned guard gate, 6 pools, tennis, clubhouse & more! Recent assessment paid in full!
(Dock accommodates boat to 25')

Last Agent to Sell the Property

Brent Mechler

RE/MAX Direct License #613076 Listed on: 03/02/2022

RE/MAX Direct

Co-Listed By

Courtney Mechler, PA

RE/MAX Direct License #678826

Last Buyer's Agent

Terry Story

Keller Williams Realty Services License #459577

Keller Williams Realty Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,478

Year Built

  • Built in 1978

Lot Details

  • Home fronts a canal

HOA Fees

  • $588 Monthly HOA Fees

Property Views

  • Water
  • Garden

Interior Spaces

  • 1,130 Sq Ft Home
  • Ceiling Fan
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Wood Frame Window
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

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

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Courtyard

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434731060161020

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, parking, pool(s), reserve fund, roof, security, trash, water
  • Boca Bayou Subdivision
  • 6-Story Property

Amenities

  • Picnic Area
  • Clubhouse
  • Business Center

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool

Security

  • Security Guard
  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,478

Year Built

Built in 1978

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 18th street between Dixie and Federal
  • Year Built: 1978
  • Carport Y N: No
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Main Level Master, Main Living Area Entry Level, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Tile
  • Living Area: 1130.0
  • Dining Room Type: Other, Storage Room
  • Stories: 6
  • Window Features: Blinds, Single Hung, Sliding, Wood Frames

Exterior Features

  • Exterior Features: Barbecue, Courtyard, Enclosed Porch, Storm/Security Shutters, Tennis Court(s)
  • View: Garden, Water
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Canal Front, Dock Access, Fixed Bridge, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 588.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Boat Dock, Business Center, Clubhouse, Community Kitchen, Barbecue, Picnic Area, Pool, Shuffleboard Court, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 06434731060161020

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3478.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Mar 29, 2022
Sold by
Angie Edwards
Bought by
Pesso Properties Llc
Seller's Agent
Brent Mechler
RE/MAX Direct
Buyer's Agent
Terry Story
Keller Williams Realty Services
List Price
$335,000
Sold Price
$436,000
Premium/Discount to List
$101,000
30.15%
Current Estimated Value
$435,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$888
Avg. Annual Appreciation
0.37%

Purchase Details

Closed on
Apr 30, 2008
Sold by
Anstis Jeffrey P
Bought by
Edwards Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2006
Sold by
Gough Michael
Bought by
Anstis Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 4, 2004
Sold by
Ponzio Joann J
Bought by
Gough Michael
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
Pesso Properties Llc $436,000 Ackerman Jason S
Edwards Angie $208,000 Fortis Title Llc
Anstis Jeffrey P $250,000 First Priority Title Co
Gough Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Angie $156,000
Previous Owner Anstis Jeffrey P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $436,000 +30.1% $386 / Sq Ft
03/02/2022 03/02/22 For Sale $335,000 -- $296 / 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
2024 $5,621 $315,000 -- --
2023 $5,269 $292,000 $0 $292,000
2022 $4,045 $196,020 $0 $0
2021 $3,478 $181,000 $0 $181,000
2020 $3,165 $162,000 $0 $162,000
2019 $3,123 $155,000 $0 $155,000
2018 $2,861 $148,000 $0 $148,000
2017 $2,894 $148,000 $0 $0
2016 $2,869 $144,000 $0 $0
2015 $2,970 $143,000 $0 $0
2014 $2,710 $130,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10320578

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-31-06-016-1020