NOT LISTED FOR SALE

18 Royal Palm Way Unit 105 Boca Raton, FL 33432

Estimated Value: $354,237 - $423,000

2 Beds
2 Baths
1,095 Sq Ft
$507/mo HOA Fee

Last Sold May 10, 2019

Last sale price $223,000 $204 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,796/month

82 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Fitness Center
  • Boca Raton Community Middle School Rated A-
  • Home fronts navigable water
  • Intracoastal View

About This Home

As of May 2019

Special Assessment Paid by Seller. Specatular water views the moment you walk in! Resort style living in this gated waterfront boating community. SE Boca's best kept secret. Concrete restoration is done on this building. Move in ready. Updated kitchen w/granite countertops. Open and spacious, split bedroom floor plan features ceramic tile floors. WASHER/DRYER hookup in condo. No need to use the building laundry room! Just sit back and relax and enjoy the daily boat parade. Assigned parking space close by. Buy now before the prices are higher. Boca Bayou offers 5 heated swimming pools, tennis courts, clubhouse, exercise rooms, saunas, boat dockage and more. Condo fee covers, building insurance, water, hot water, cable w/HBO's, 24 hour manned gated security and FULL RESERVES!

Last Agent to Sell the Property

Lynn Johnsen

RE/MAX Services License #60576611 Listed on: 01/17/2019

RE/MAX Services

Last Buyer's Agent

Mark Dreyer

United Realty Group Inc License #3076208

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,786

Year Built

  • Built in 1979

Lot Details

  • Home fronts a lagoon or estuary
  • Home fronts navigable water
  • Sprinkler System

HOA Fees

  • $507 Monthly HOA Fees

Property Views

  • Intracoastal
  • River
  • Canal
  • Garden
  • Pool

Interior Spaces

  • 1,095 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434731060181050

Community Details

Overview

  • Association fees include management, cable TV, hot water, insurance, ground maintenance, pool(s), recreation facilities, reserve fund, sewer, security, water
  • 721 Units
  • High-Rise Condominium
  • Boca Bayou Subdivision
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,786

Year Built

Built in 1979

Lot Details

0

HOA Fees

$507 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SW 18th St between Federal and Dixie. South side. After the gate follow around to right, after the S curve go thru 2 stop signs. Next left to building 18
  • Year Built: 1979
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Entrance Foyer, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1095.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 6
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Patio
  • View: Canal, Garden, Intercoastal, Pool, River
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lagoon, Navigable Water, Ocean Access
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 507.0
  • Community Features: Boat Facilities, Clubhouse, Property Manager On-Site, Pool, Sauna, Shuffleboard, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Shuffleboard Court, Sauna, Storage, Tennis Court(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Hot Water, Insurance, Maintenance Grounds, Pool(s), Recreation Facilities, Reserve Fund, Sewer, Security, Water

Lot Info

  • Parcel #: 06434731060181050
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2786.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
May 10, 2019
Sold by
Sutton James D and Gillies Kathleen M
Bought by
Mirantz David J and Mirantz Margaret
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Mark Dreyer
United Realty Group Inc
List Price
$225,000
Sold Price
$223,000
Premium/Discount to List
-$2,000
-0.89%
Current Estimated Value
$404,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,559
Avg. Annual Appreciation
10.08%
Original Mortgage
$154,303
Interest Rate
4%
Mortgage Type
New Conventional
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
Mirantz David J $223,000 Corporate Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mtrantz David $178,000
Closed Mirantz David J $40,000
Closed Mirantz David J $154,303
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $223,000 -0.9% $204 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $225,000 0.0% $205 / Sq Ft
12/30/2018 12/30/18 Rented $2,800 0.0% --
11/30/2018 11/30/18 Under Contract -- -- --
11/05/2018 11/05/18 For Rent $2,800 -- --
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 $1,821 $132,371 -- --
2023 $1,767 $128,516 $0 $0
2022 $1,731 $124,773 $0 $0
2021 $1,697 $121,139 $0 $0
2020 $1,670 $119,466 $0 $0
2019 $3,216 $160,000 $0 $160,000
2018 $2,843 $147,000 $0 $147,000
2017 $2,948 $151,000 $0 $0
2016 $2,999 $151,000 $0 $0
2015 $2,945 $144,000 $0 $0
2014 $2,807 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10496622

BeachesMLS

APN: 06-43-47-31-06-018-1050