UNDER CONTRACT
$10K PRICE DROP
2 Royal Palm Way Unit 205 Boca Raton, FL 33432
Estimated payment $3,090/month
Total Views
2,098
2
Beds
2
Baths
1,130
Sq Ft
$301
Price per Sq Ft
Highlights
- Boat Ramp
- Home fronts navigable water
- Gated with Attendant
- Boca Raton Community Middle School Rated A-
- Fitness Center
- Canal Access
About This Home
WATERFRONT OASIS IN BOCA! This sought-after split bedroom DELUXE model delivers the perfect balance of privacy and convenience. Features open layout, modern kitchen with wood cabinets, marble counters and SS appliances, updated baths, and NEW A/C. Distinctive upgraded woodwork including wainscoting and panel doors. Relax on your spacious screened balcony with water views. Seller offering $10,000 credit towards upgrades at closing! Steps to one of five heated swimming pools. Amenities include 24hr manned gate, lighted tennis courts, EV charging. Community completed 30-year recertification. All assessments paid. Clubhouse renovation in progress! Maintenance fee covers water/sewer, cable w/HBO, hot water, building insurance. Prime location minutes to beaches, parks, shopping and dining.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,765
Year Built
- Built in 1976
Lot Details
- Home fronts navigable water
HOA Fees
- $806 Monthly HOA Fees
Interior Spaces
- 1,130 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Blinds
- Entrance Foyer
- Combination Dining and Living Room
- Screened Porch
- Laminate Flooring
- Canal Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Parking
- Guest Parking
- Assigned Parking
Outdoor Features
- Canal 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 06434731060022050
- Seller Considering Concessions
Community Details
Overview
- Association fees include cable TV, hot water, insurance, ground maintenance, maintenance structure, pool(s), recreation facilities, reserve fund, roof, security, water
- 721 Units
- Boca Bayou Subdivision
Amenities
- Sauna
- Clubhouse
- Laundry Facilities
- Community Storage Space
Recreation
- Boat Ramp
- Boating
- Tennis Courts
- Pickleball Courts
- Bocce Ball Court
- Fitness Center
- Community Pool
- Putting Green
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 | $5,765 | $317,262 | -- | -- |
| 2023 | $5,340 | $288,420 | $0 | $0 |
| 2022 | $4,859 | $262,200 | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/11/2025 05/11/25 | Price Changed | $339,900 | -90.3% | $301 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $3,499,000 | +1220.4% | $3,096 / Sq Ft |
| 04/01/2021 04/01/21 | Sold | $265,000 | -1.1% | $235 / Sq Ft |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- |
| 01/23/2021 01/23/21 | For Sale | $268,000 | +16.5% | $237 / Sq Ft |
| 07/22/2016 07/22/16 | Sold | $230,000 | -6.1% | $204 / Sq Ft |
| 06/22/2016 06/22/16 | Pending | -- | -- | -- |
| 05/05/2016 05/05/16 | For Sale | $245,000 | 0.0% | $217 / Sq Ft |
| 10/28/2015 10/28/15 | Rented | $3,500 | 0.0% | -- |
| 09/28/2015 09/28/15 | Under Contract | -- | -- | -- |
| 09/06/2015 09/06/15 | For Rent | $3,500 | 0.0% | -- |
| 04/23/2015 04/23/15 | Sold | $146,000 | -5.8% | $129 / Sq Ft |
| 03/24/2015 03/24/15 | Pending | -- | -- | -- |
| 02/25/2015 02/25/15 | For Sale | $155,000 | -- | $137 / Sq Ft |
Source: BeachesMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Attorney | |
| Warranty Deed | $230,000 | Integrity Title Inc | |
| Warranty Deed | $146,000 | Patch Reef Title Company Inc | |
| Deed | $74,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,500 | New Conventional | |
| Previous Owner | $62,000 | New Conventional | |
| Previous Owner | $59,200 | Credit Line Revolving |
Source: Public Records
Similar Homes in Boca Raton, FL
Source: BeachesMLS
MLS Number: R11083870
APN: 06-43-47-31-06-002-2050
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