$370,238 - $460,000
RENTED MAR 31, 2025

2 Royal Palm Way Unit 105 Boca Raton, FL 33432

2 Beds
2 Baths
1,130 Sq Ft
8.22 Acres

Last Sold September 06, 2019

Last sale price $275,000 $243 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,376/month

Highlights

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

About This Home

As of March 2025

Welcome to your waterfront paradise in a premier resort style boating community! Available furnished or unfurnished. No smoking. New luxury vinyl plank flooring. This first-floor corner residence has been fully updated with high-end custom finishes. Beautiful wood trim throughout the home including wainscoting and ceiling beams. Enter the primary suite through glass barn doors. The primary bath features an oversized shower with multiple rain shower heads and onyx back-lit vanity. Large walk-in closet. New Impact windows/doors and a new A/C unit. Stainless-steel appliances in the kitchen with granite countertops and walnut live-edge bartop. Boat dockage for rent (currently a waitlist). Boca Bayou's location is outstanding just minutes from Mizner Park, the beaches, and El Rio Park.

Last Agent to Rent the Property

Brandon Weppner

Compass Florida LLC License #3344246 Listed on: 01/16/2025

Compass Florida LLC

Co-Listed By

Wendy Chenot

A1A Team License #677971

Last Renter's Agent

Nancylee Novoa

Keller Williams Realty Jupiter License #3440253

Keller Williams Realty Jupiter

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1978

Lot Details

  • Waterfront

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,130 Sq Ft Home
  • Furnished
  • Canal Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Patio

Schools

  • Boca Raton Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property Available on 3/1/25
  • Assessor Parcel Number 06434731060021050

Community Details

Overview

  • 721 Units
  • Boca Bayou Condo Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Putting Green

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,661

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2025-03-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Entrance on SW 18th St/Royal Palm, between US-1 and Dixie Highway. Building 2 is directly ahead.
  • Year Built: 1978
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1130.0

Exterior Features

  • Exterior Features: Patio, Tennis Court(s)
  • View: Canal
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Fixed Bridge, Ocean Access
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Management, Pickleball, Pool, Putting Green(s), Sauna, Tennis Court(s), Trash
  • Pets Allowed: No

Schools

  • Elementary School: Boca Raton
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434731060021050
  • Land Lease Amount Frequency: Monthly
  • Lot Size: East of US-1

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2019
Closed on
Sep 6, 2019
Sold by
Ferrario Daniel J
Bought by
Command Michael and Command Sarah
Seller's Agent
Theeranee Schmidt
The Keyes Company
Buyer's Agent
Wendy Chenot
A1A Team
List Price
$294,900
Sold Price
$275,000
Premium/Discount to List
-$19,900
-6.75%
Current Estimated Value
$406,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,310
Avg. Annual Appreciation
6.62%
Original Mortgage
$220,000
Outstanding Balance
$193,097
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$213,213

Purchase Details

Closed on
Jul 14, 2018
Sold by
Robinson Steven J
Bought by
Ferrario Daniel J

Purchase Details

Listed on
Feb 19, 2015
Closed on
May 15, 2015
Sold by
Janover Rany
Bought by
Robinson Steven J
Seller's Agent
Peter McNeil
Peter Mc Neil Company Inc.
Buyer's Agent
Peter McNeil
Peter Mc Neil Company Inc.
List Price
$214,900
Sold Price
$192,500
Premium/Discount to List
-$22,400
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Feb 14, 2006
Sold by
Asfoor Wayne L
Bought by
Janover Rany Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,050
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Command Michael $275,000 Attorney
Ferrario Daniel J $196,600 Attorney
Robinson Steven J $192,500 Sterling Title Partners Inc
Janover Rany Z $291,500 Expedia Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Command Michael $220,000
Previous Owner Janover Rany Z $204,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Rented $2,800 0.0% --
03/12/2025 03/12/25 Under Contract -- -- --
03/05/2025 03/05/25 Off Market $2,800 -- --
02/12/2025 02/12/25 Under Contract -- -- --
02/03/2025 02/03/25 Price Changed $2,800 -6.7% $2 / Sq Ft
01/22/2025 01/22/25 Price Changed $3,000 +7.1% $3 / Sq Ft
01/16/2025 01/16/25 For Rent $2,800 0.0% --
09/06/2019 09/06/19 Sold $275,000 -6.7% $243 / Sq Ft View Prior Sale
08/07/2019 08/07/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $294,900 +53.2% $261 / Sq Ft
05/15/2015 05/15/15 Sold $192,500 -10.4% $170 / Sq Ft View Prior Sale
04/15/2015 04/15/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $214,900 -- $190 / 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 $2,661 $181,717 -- --
2023 $2,589 $176,424 $0 $0
2022 $2,548 $171,285 $0 $0
2021 $2,513 $166,296 $0 $0
2020 $2,474 $164,000 $0 $164,000
2019 $3,161 $157,000 $0 $157,000
2018 $2,861 $148,000 $0 $148,000
2017 $2,966 $152,000 $0 $0
2016 $3,055 $154,000 $0 $0
2015 $3,035 $148,500 $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: R11053175

BeachesMLS

APN: 06-43-47-31-06-002-1050