16 Royal Palm Way Unit 103 Boca Raton, FL 33432
2
Beds
2
Baths
1,130
Sq Ft
$807/mo
HOA Fee
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 2025Waterfront 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!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,722
Year Built
- Built in 1978
Lot Details
- Waterfront
HOA Fees
- $807 Monthly HOA Fees
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
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%
Total Days on Market
20
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.72%
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
Purchase Details
Closed on
May 18, 1995
Sold by
Corson J Timothy and Corson Donna M
Bought by
Sloman Lester
Purchase Details
Closed on
Jul 26, 1994
Sold by
Corson Michael D
Bought by
Corson J Timothy
Similar Homes in Boca Raton, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Corporate Title | |
| Warranty Deed | $400,000 | Corporate Title | |
| Warranty Deed | $275,000 | Cooperative Ttl Agcy Of Fl I | |
| Warranty Deed | $275,000 | Cooperative Ttl Agcy Of Fl I | |
| Quit Claim Deed | $160,000 | Attorney | |
| Quit Claim Deed | $160,000 | Attorney | |
| Deed In Lieu Of Foreclosure | $226,475 | Attorney | |
| Deed In Lieu Of Foreclosure | $226,475 | Attorney | |
| Warranty Deed | $332,000 | Attorney | |
| Warranty Deed | $332,000 | Attorney | |
| Warranty Deed | $85,000 | -- | |
| Warranty Deed | $85,000 | -- | |
| Warranty Deed | $80,000 | -- | |
| Warranty Deed | $80,000 | -- | |
| Quit Claim Deed | -- | -- | |
| 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 |
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
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
82 Total Sales
-
Robert Bellemare
Buyer's Agent in 2025
Robert Bellemare
RE/MAX
(954) 557-0744
60 Total Sales
-
Carol Sjursen
C
Buyer Co-Listing Agent in 2025
Carol Sjursen
RE/MAX
(954) 803-6338
20 Total Sales
-
Maryann Moulton
M
Buyer's Agent in 2021
Maryann Moulton
Beach Effect Real Estate
(561) 655-3131
1 Total Sale
Map
Source: BeachesMLS
MLS Number: R11079897
APN: 06-43-47-31-06-016-1030
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