NOT LISTED FOR SALE

18 Royal Palm Way Unit 5050 Boca Raton, FL 33432

Estimated Value: $406,325 - $442,000

2 Beds
2 Baths
1,095 Sq Ft
$736/mo HOA Fee

Last Sold April 11, 2025

Last sale price $435,000 $397 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,482/month

318 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Gated with Attendant
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • Waterfront

About This Home

As of April 2025

Fabulous opportunity to own a high floor, renovated, 2/2 waterfront condo on the Hillsboro Canal, in the most ideally located building within the Boca Bayou development in East Boca. Featuring porcelain tile flooring, an open concept kitchen with new cabinetry and island, pendant lighting, marble vanities, full hurricane impact windows, plantation shutters, a large custom walk-in closet, Stainless Steel Appliances, and spacious bedrooms, this condo is move-in ready! Prime location minutes away from downtown, the beach, and the new Brightline Station. Boca Bayou is a 24/hr manned gated community featuring tennis, pickleball, multiple pools, a marina, and a brand new clubhouse on the way. No assessments, no concrete restoration. Only time to sit back, relax, and watch the boats go by...

Last Agent to Sell the Property

Lara Goodwin

One Sotheby's International Realty License #3378367 Listed on: 05/21/2024

One Sotheby's International Realty

Last Buyer's Agent

Philip Tambasco

Boardwalk Realty Associates LL License #3497411

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,613

Year Built

  • Built in 1979

Lot Details

  • Waterfront

HOA Fees

  • $736 Monthly HOA Fees

Interior Spaces

  • 1,095 Sq Ft Home
  • Built-In Features
  • Family Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434731060185050

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, laundry, ground maintenance, maintenance structure, parking, pool(s), reserve fund, sewer, security, trash, water
  • 723 Units
  • High-Rise Condominium
  • Boca Bayou Ph 1, 2 Thru 5 Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Putting Green
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,613

Year Built

Built in 1979

Lot Details

0

HOA Fees

$736 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Gate entrance on SW 18th Ave between US-1 and S. Dixie Hwy. Appointment is required prior, as gate must be notified.
  • Year Built: 1979
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Closet Cabinetry, Dual Sinks, Elevator, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1095.0
  • Dining Room Type: Family Room, Florida Room, Laundry, Storage Room
  • Stories: 6
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 736.0
  • Community Features: Boat Facilities, Clubhouse, Gated, Park, Pickleball, Property Manager On-Site, Pool, Shuffleboard, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Fitness Center, Laundry, Management, Pickleball, Pool, Putting Green(s), Shuffleboard Court, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434731060185050
  • Lot Size: Sidewalks
  • Zoning Description: RES

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4613.0

Multi Family

  • Number Of Units In Community: 723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Apr 11, 2025
Sold by
Lowe Courtney N and Lowe Elizabeth T
Bought by
Luh Marianne
Seller's Agent
Lara Goodwin
One Sotheby's International Realty
Buyer's Agent
Philip Tambasco
Boardwalk Realty Associates LL
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Views
106
Current Estimated Value
$428,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,169
Avg. Annual Appreciation
-4.40%
Original Mortgage
$348,000
Outstanding Balance
$348,000
Interest Rate
5.94%
Mortgage Type
FHA
Estimated Equity
$79,440

Purchase Details

Closed on
Sep 27, 2012
Sold by
Seltzer Carolyn
Bought by
Lowe Elizabeth T

Purchase Details

Closed on
Apr 8, 2002
Sold by
Josephson Selma
Bought by
Josephson Selma and Selma Josephson Declaration Of Trust
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
Luh Marianne $435,000 None Listed On Document
Lowe Elizabeth T $139,000 Gold Coast Title Co Svcs Inc
Josephson Selma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luh Marianne $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $435,000 0.0% $397 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
01/14/2025 01/14/25 Price Changed $435,000 -3.3% $397 / Sq Ft
08/05/2024 08/05/24 Price Changed $450,000 +5.9% $411 / Sq Ft
05/24/2024 05/24/24 For Sale $425,000 -- $388 / 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 $4,962 $244,505 -- --
2023 $4,613 $222,277 $0 $0
2022 $4,186 $202,070 $0 $0
2021 $3,574 $186,000 $0 $186,000
2020 $3,256 $167,000 $0 $167,000
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

  • L

    Seller's Agent in 2025

    Lara Goodwin

    One Sotheby's International Realty

    (561) 997-7227

    39 Total Sales

    Lara Goodwin
    Section Image
  • Philip Tambasco

    Buyer's Agent in 2025

    Philip Tambasco

    Boardwalk Realty Associates LL

    (561) 559-4665

    74 Total Sales

    Philip Tambasco
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10989402

BeachesMLS

APN: 06-43-47-31-06-018-5050

Florida Palm Beach County Boca Raton 33432

18 Royal Palm Way Unit 5050, Boca Raton, FL

This home is located at 18 Royal Palm Way Unit 5050, Boca Raton, FL 33432 since 21 May 2024 and is currently estimated at $428,831, approximately $391 per square foot. This property was built in 1979. 18 Royal Palm Way Unit 5050 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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