NOT LISTED FOR SALE

Boca Bayou 20 Royal Palm Way Unit 205 Boca Raton, FL 33432

Estimated Value: $383,000 - $410,000

2 Beds
2 Baths
1,095 Sq Ft
$495/mo HOA Fee

Last Sold November 27, 2018

Last sale price $187,000 $171 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,983/month

71 Days on Market

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 November 2018

Resort style living, gated waterfront boating community. SE Boca's best kept secret. Concrete restoration is done on this building. Beautifully updated & move in ready. New kitchen features open concept with wall removed, granite countertops and upgraded appls. M/Bath offers walk in shower, dual sinks & bidet. NEW A/C Nov 2017. Split bdrm floor plan with ceramic tile. WASHER/DRYER hookup in condo. Relax & enjoy the lagoon & pool views on your screened balcony. Assigned parking close by. Buy now before prices are higher. Boca Bayou offers 5 heated pools, tennis courts, clubhouse, exercise rooms, saunas, boat dockage & more. Condo fee covers, bldg ins, water, hot water, cable w/HBO's, 24 hour manned gated security & FULL RESERVES! 5 minutes to Trader Joes, Mizner Park and the beach!

Last Listed By

Lynn Johnsen

RE/MAX Services License #60576611 Listed on: 08/17/2018

RE/MAX Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,656

Year Built

  • Built in 1980

Lot Details

  • Sprinkler System

HOA Fees

  • $495 Monthly HOA Fees

Property Views

  • Lagoon
  • Canal
  • Garden
  • Pool

Interior Spaces

  • 1,095 Sq Ft Home
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • 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
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434731060202050

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
  • Shuffleboard Court
  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,656

Year Built

Built in 1980

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Federal Highway south of Camino Real to SW 18th St/Royal Palm Way. Turn west. Entrance on south side. After guard gate follow around to right then follow signs to building #20. Parking space #573
  • Year Built: 1980
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Entrance Foyer, Eat-in Kitchen, Kitchen/Dining Combo, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • 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

Exterior Features

  • Exterior Features: Balcony
  • View: Canal, Garden, Lagoon, Pool
  • 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: Balcony, Screened
  • 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: 495.0
  • 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 #: 06434731060202050
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2656.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Nov 26, 2018
Sold by
Sandler Michael
Bought by
Zorlu Cahit Gurkan
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Emel Onur
Lead Consulting Group LLC
List Price
$219,900
Sold Price
$187,000
Premium/Discount to List
-$32,900
-14.96%
Total Days on Market
71
Current Estimated Value
$394,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,320
Avg. Annual Appreciation
12.11%

Range of Values:

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Average Value
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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
Zorlu Cahit Gurkan $187,000 Corporate Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandler Michael $69,794
Previous Owner Sandler Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $187,000 -15.0% $171 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $219,900 -- $201 / 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 $4,742 $229,864 -- --
2023 $4,406 $208,967 $0 $0
2022 $3,987 $189,970 $0 $0
2021 $3,382 $176,000 $0 $176,000
2020 $3,075 $157,000 $0 $157,000
2019 $3,031 $150,000 $0 $150,000
2018 $2,665 $137,000 $0 $137,000
2017 $2,768 $141,000 $0 $0
2016 $2,814 $141,000 $0 $0
2015 $2,753 $134,000 $0 $0
2014 $2,613 $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10456547

BeachesMLS

APN: 06-43-47-31-06-020-2050