$400,000
SOLD MAY 19, 2025

16 Royal Palm Way Unit 103 Boca Raton, FL 33432

2 Beds
2 Baths
1,130 Sq Ft
$807/mo HOA Fee

Recently Sold

$354 Per Sq Ft

6% Below List Price

20 Days on Market

Highlights

  • Property has ocean access
  • Gated with Attendant
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Waterfront
  • Clubhouse

About This Home

As of May 2025

Waterfront living! Move-in ready first-floor condo w/private dock access. Updated 2/2 + office/den features porcelain tile, renovated kitchen w/SS appliances, 6-panel doors, Plantation Shutters & impact sliders. SE Boca gated community offers 5 heated pools, EV charging, tennis, pickleball & putting green. HOA covers water/sewer, HBO, hot water, insurance, landscaping & reserves. Minutes to Mizner Park, beaches, Starbucks, Trader Joe's, Brightline & shopping. Community completed 30-yr concrete recert & SIRS w/all assessments paid. Clubhouse renovation in progress! Doorstep parking. Just bring your boat to this waterfront gem!

Last Agent to Sell the Property

Lynn Johnsen

RE/MAX Services License #576611 Listed on: 04/09/2025

RE/MAX Services

Last Buyer's Agent

Robert Bellemare

RE/MAX Direct License #0184695

RE/MAX Direct

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,722

Year Built

  • Built in 1978

Lot Details

  • Waterfront

HOA Fees

  • $807 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,130 Sq Ft Home
  • 3-Story Property
  • Plantation Shutters
  • Blinds
  • Entrance Foyer
  • Open Floorplan
  • Den
  • Tile Flooring
  • Canal Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Patio

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 06434731060161030
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, maintenance structure, pool(s), roof, sewer, security, trash, water
  • 721 Units
  • Boca Bayou Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Bocce Ball Court
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,722

Year Built

Built in 1978

Lot Details

0

HOA Fees

$807 per month

Listing Details

  • Prop. Type: Residential
  • 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, pass 2 stop signs, Bldg 16 on left.
  • Year Built: 1978
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dual Sinks, Entrance Foyer, Kitchen/Dining Combo, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1130.0
  • Dining Room Type: Den, Laundry
  • Stories: 3
  • Window Features: Blinds, Plantation Shutters

Exterior Features

  • Exterior Features: Patio
  • View: Canal
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access, Ocean Access
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 807.0
  • Community Features: Bocce Court, Clubhouse, Gated, Property Manager On-Site, Pool, Sauna, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bocce Court, Billiard Room, Clubhouse, Management, Pool, Sauna, Storage, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Maintenance Structure, Pool(s), Roof, Sewer, Security, Trash, Water

Schools

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

Lot Info

  • Parcel #: 06434731060161030
  • Lot Size: Private Road,West of US-
  • Zoning Description: RES

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5722.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
May 19, 2025
Sold by
Moulton Lloyd E and Moulton Maryann C
Bought by
Correa Ezio Oliveira and Carvalho Alessandra Alves
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Robert Bellemare
RE/MAX Direct
List Price
$424,900
Sold Price
$400,000
Premium/Discount to List
-$24,900
-5.86%
Views
15
Current Estimated Value
$412,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,940
Avg. Annual Appreciation
9.82%

Purchase Details

Listed on
Mar 1, 2021
Closed on
Mar 23, 2021
Sold by
First Cypress Llc
Bought by
Moulton Lloyd E and Moulton Maryann C
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Maryann Moulton
Beach Effect Real Estate
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%

Purchase Details

Closed on
Oct 29, 2019
Sold by
First Alliance Mortgage Corp Of Delaware
Bought by
First Cypress Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 7, 2009
Sold by
Vaccaro Gaetano
Bought by
First Alliance Mortgage Corp

Purchase Details

Closed on
Apr 20, 2006
Sold by
Friedman Barry W and Friedman Madelina Colindres
Bought by
Vaccaro Gaetano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 18, 1999
Sold by
Lester Sloman
Bought by
Friedman Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1995
Sold by
Corson J Timothy and Corson Donna M
Bought by
Sloman Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.35%

Purchase Details

Closed on
Jul 26, 1994
Sold by
Corson Michael D
Bought by
Corson J Timothy
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $400,000 Corporate Title
Warranty Deed $275,000 Cooperative Ttl Agcy Of Fl I
Warranty Deed $275,000 New Title Company Name
Quit Claim Deed $160,000 Attorney
Deed In Lieu Of Foreclosure $226,475 Attorney
Warranty Deed $332,000 Attorney
Warranty Deed $85,000 --
Warranty Deed $80,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $165,000 Unknown
Previous Owner $50,000 Stand Alone First
Previous Owner $50,000 Stand Alone First
Previous Owner $125,000 Unknown
Previous Owner $68,000 New Conventional
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $400,000 -5.9% $354 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/22/2025 04/22/25 For Sale $424,900 0.0% $376 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $424,900 +54.5% $376 / Sq Ft
03/23/2021 03/23/21 Sold $275,000 0.0% $243 / Sq Ft
03/01/2021 03/01/21 For Sale $275,000 -- $243 / 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 $3,024 $315,568 -- --
2023 $5,304 $286,880 $0 $0
2022 $4,835 $260,800 $0 $0
2021 $3,612 $188,000 $0 $188,000
2020 $3,292 $169,000 $0 $169,000
2019 $3,254 $162,000 $0 $162,000
2018 $2,985 $155,000 $0 $155,000
2017 $3,074 $158,000 $0 $0
2016 $3,129 $158,000 $0 $0
2015 $3,041 $149,000 $0 $0
2014 $2,904 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Johnsen

    Seller's Agent in 2025

    Lynn Johnsen

    RE/MAX

    (561) 239-1900

    78 Total Sales

    Lynn Johnsen
    Section Image
  • Robert Bellemare

    Buyer's Agent in 2025

    Robert Bellemare

    RE/MAX

    (954) 557-0744

    56 Total Sales

    Robert Bellemare
    Section Image

  • C

    Buyer Co-Listing Agent in 2025

    Carol Sjursen

    RE/MAX

    (954) 803-6338

    18 Total Sales

    Carol Sjursen
    Section Image

  • M

    Buyer's Agent in 2021

    Maryann Moulton

    Beach Effect Real Estate

    (561) 655-3131

    1 Total Sale

    Maryann Moulton
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11079897

BeachesMLS

APN: 06-43-47-31-06-016-1030

Florida Palm Beach County Boca Raton 33432

16 Royal Palm Way Unit 103, Boca Raton, FL

This home is located at 16 Royal Palm Way Unit 103, Boca Raton, FL 33432 and is currently priced at $400,000, approximately $353 per square foot. This property was built in 1978. 16 Royal Palm Way Unit 103 is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

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.

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