16 Royal Palm Way Unit 202 Boca Raton, FL 33432
2
Beds
2
Baths
1,130
Sq Ft
$587/mo
HOA Fee
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
As of August 2022SE Boca's best kept secret, Boca Bayou. Opportunity knocks for this deluxe model condo. Priced to sell. Split bedroom plan. Relax on the screened balcony and enjoy the 20M neighborhood update and new look! Interior utility closet with stackable washer/dryer. Sold As-Is. Just steps to one of the five community pools. Assigned parking space close by. Prices are increasing. Buy now. This one won't last. 24 hour manned gated entrance, 5 swimming pools, lighted tennis courts, clubhouse and more. Boat dockage available. Maintenance fee includes, water/sewer, cable w/HBOs, Hot water, building insurance, lawn/shrub care. Walk/Bike to Beaches, Parks, shopping and restaurants. Downtown Boca Raton. No trucks, motorcycles and commercial vehicles. Service/ESA pets only with proper documentation.
Last Agent to Sell the Property
RE/MAX Services License #60576611 Listed on: 06/21/2022
Last Buyer's Agent
Matthew Cohen
Coldwell Banker Realty License #3527759
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,286
Year Built
- Built in 1979
Lot Details
- Home fronts navigable water
- Sprinkler System
HOA Fees
- $587 Monthly HOA Fees
Property Views
- River
- Canal
- Garden
Interior Spaces
- 1,130 Sq Ft Home
- 3-Story Property
- Blinds
- Combination Dining and Living Room
- Screened Porch
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer
Parking
- Parking Pad
- Guest Parking
- Assigned Parking
Outdoor Features
- Property has ocean access
- Canal Access
- Balcony
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 06434731060162020
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 13, 2025
Sold by
Cohen Matthew Ross
Bought by
Cohen Michael Eric
Purchase Details
Listed on
Jun 21, 2022
Closed on
Aug 5, 2022
Sold by
Equity Trust Company
Bought by
Cohen Matthew
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Matthew Cohen
Coldwell Banker Realty
List Price
$389,900
Sold Price
$365,000
Premium/Discount to List
-$24,900
-6.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$346,750
Interest Rate
5.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 23, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Equity Trust Company and Jon P Livak Ira
Purchase Details
Closed on
Oct 10, 2013
Sold by
Schiffman Marty
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
May 19, 2005
Sold by
Hanley John
Bought by
Schiffman Marty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.65%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 5, 2003
Sold by
Simmons Mary Anne
Bought by
Hanley John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
7.12%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 20, 2003
Sold by
Riley Joan L
Bought by
Simmons Mary Anne
Purchase Details
Closed on
Jun 27, 2002
Sold by
Marques Sophie
Bought by
Riley Joan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.75%
Purchase Details
Closed on
Oct 1, 1997
Sold by
Cain Lila R
Bought by
Marques Sophie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7.46%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Quit Claim Deed | $330,866 | None Listed On Document | |
| 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 |
|---|---|---|---|
| Previous Owner | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Rent | $2,600 | 0.0% | -- |
| 06/19/2025 06/19/25 | For Sale | $349,900 | -4.1% | $310 / 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
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 | $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
Agents Affiliated with this Home
-
Seller's Agent in 2025
Lynn Johnsen
RE/MAX
(561) 239-1900
78 Total Sales
-
M
Buyer's Agent in 2022
Matthew Cohen
Coldwell Banker Realty
-
N
Seller's Agent in 2013
Nancy Baldwin
Inactive member
-
B
Seller Co-Listing Agent in 2013
Bobbie Gough
Inactive member
Map
Source: BeachesMLS
MLS Number: R10810195
APN: 06-43-47-31-06-016-2020
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