16 Royal Palm Way Unit 202 Boca Raton, FL 33432
Estimated payment $3,160/month
Total Views
8,048
2
Beds
2
Baths
1,130
Sq Ft
$324
Price per Sq Ft
Highlights
- Boat Ramp
- Property has ocean access
- Fitness Center
- Boca Raton Community Middle School Rated A-
- Home fronts navigable water
- Gated with Attendant
About This Home
DOWNTOWN BOCA GEM! This exceptional split bedroom DELUXE model offers the perfect blend of privacy and convenience. Enjoy morning coffee or evening relaxation on your spacious screened balcony with serene views. Interior utility closet with washer & dryer. Steps away from one of five community pools. Convenient assigned parking. Amenities include 24hr manned gate, lighted tennis courts, EV charging. Community completed 30-year concrete recertification and SIRS with all assessments paid. Clubhouse renovation in progress! Maintenance covers water/sewer, cable w/HBO, hot water, building insurance. Prime location minutes to beautiful beaches, parks, upscale shopping and fine dining. Service/ESA pets only with documentation. No trucks permitted.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,893
Year Built
- Built in 1979
Lot Details
- Home fronts navigable water
- Sprinkler System
HOA Fees
- $807 Monthly HOA Fees
Property Views
- Canal
- Garden
Interior Spaces
- 1,130 Sq Ft Home
- 3-Story Property
- Blinds
- Entrance Foyer
- Combination Dining and Living Room
- Screened Porch
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Parking
- Parking Pad
- 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
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 06434731060162020
- Seller Considering Concessions
Community Details
Overview
- Association fees include common areas, cable TV, hot water, insurance, ground maintenance, maintenance structure, pool(s), reserve fund, sewer, security, trash, water
- 721 Units
- Boca Bayou Subdivision
Amenities
- Sauna
- Clubhouse
- Community Storage Space
Recreation
- Boat Ramp
- Boating
- Tennis Courts
- Bocce Ball Court
- Fitness Center
- Community Pool
Security
- Gated with Attendant
- Resident Manager or Management On Site
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,451 | $305,000 | -- | -- |
| 2023 | $5,097 | $282,000 | $0 | $282,000 |
| 2022 | $3,846 | $183,920 | $0 | $0 |
| 2021 | $3,286 | $171,000 | $0 | $171,000 |
| 2020 | $2,985 | $152,000 | $0 | $152,000 |
| 2019 | $2,938 | $145,000 | $0 | $145,000 |
| 2018 | $2,683 | $138,000 | $0 | $138,000 |
| 2017 | $2,713 | $138,000 | $0 | $0 |
| 2016 | $2,684 | $134,000 | $0 | $0 |
| 2015 | $2,849 | $139,000 | $0 | $0 |
| 2014 | -- | $120,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Price Changed | $366,500 | -0.1% | $324 / Sq Ft |
| 03/26/2025 03/26/25 | Price Changed | $367,000 | -0.1% | $325 / Sq Ft |
| 03/09/2025 03/09/25 | Price Changed | $367,500 | -0.1% | $325 / Sq Ft |
| 01/06/2025 01/06/25 | Price Changed | $367,900 | -0.3% | $326 / Sq Ft |
| 11/18/2024 11/18/24 | Price Changed | $368,900 | -0.3% | $326 / Sq Ft |
| 09/22/2024 09/22/24 | For Sale | $369,900 | +1.3% | $327 / Sq Ft |
| 08/05/2022 08/05/22 | Sold | $365,000 | -6.4% | $323 / Sq Ft |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- |
| 06/21/2022 06/21/22 | For Sale | $389,900 | 0.0% | $345 / Sq Ft |
| 02/01/2013 02/01/13 | Rented | $900 | -25.0% | -- |
| 01/02/2013 01/02/13 | Under Contract | -- | -- | -- |
| 11/01/2012 11/01/12 | For Rent | $1,200 | -- | -- |
Source: BeachesMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $365,000 | Corporate Title | |
| Special Warranty Deed | $142,800 | Attorney | |
| Trustee Deed | $116,900 | None Available | |
| Warranty Deed | $290,000 | -- | |
| Warranty Deed | $164,500 | Realty Land Title Company | |
| Warranty Deed | $135,000 | Realty Land Title Company | |
| Warranty Deed | $92,000 | Realty Land Title Company | |
| Warranty Deed | $73,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $346,750 | New Conventional | |
| Previous Owner | $232,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $16,048 | Credit Line Revolving | |
| Previous Owner | $246,600 | Unknown | |
| Previous Owner | $45,624 | Unknown | |
| Previous Owner | $24,000 | Credit Line Revolving | |
| Previous Owner | $11,500 | Credit Line Revolving | |
| Previous Owner | $164,500 | Unknown | |
| Previous Owner | $82,800 | No Value Available | |
| Previous Owner | $43,000 | New Conventional | |
| Closed | $58,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: BeachesMLS
MLS Number: R11023071
APN: 06-43-47-31-06-016-2020
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