$370,000
SOLD JUL 8, 2025

Boca Bayou 20 Royal Palm Way Unit 505 Boca Raton, FL 33432

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

Recently Sold

$338 Per Sq Ft

15% Below List Price

157 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 July 2025

MOTIVATED SELLER - WATERFRONT CONDO! Open-concept with NEW kitchen featuring quartz counters & upgraded appliances. Fully renovated: updated baths, NEW impact windows/slider, electrical panel, fixtures & in-unit W/D. Community: 5 heated pools, tennis, 24-hr security. Across from Hillsboro El Rio Park. Minutes to beaches, downtown, Mizner Park, golf, Brightline & shopping. Building passed 30-yr Recertification with Structural Integrity Study complete - modest fee increase only. Bring offers!

Last Agent to Sell the Property

Lynn Johnsen

RE/MAX Services License #576611 Listed on: 01/13/2025

RE/MAX Services

Last Buyer's Agent

Cintia Chelles

Canvas Real Estate License #3598628

Canvas Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,231

Year Built

  • Built in 1980

Lot Details

HOA Fees

  • $736 Monthly HOA Fees

Property Views

  • River
  • Lagoon
  • Canal
  • Pool

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Parking Pad
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Seawall
  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434731060205050
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), sewer, security, water
  • 721 Units
  • High-Rise Condominium
  • Boca Bayou Subdivision
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Elevator
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Bocce Ball Court
  • Community Pool
  • Putting Green

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,231

Year Built

Built in 1980

Lot Details

0

HOA Fees

$736 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SW 18 St/Royal Palm. Located between US 1 and Dixie Hwy. Entrance is on southside. After Guard go right to S curve go left, past 2 stop signs to building 20
  • Year Built: 1980
  • 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, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Separate Shower, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • 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, Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Canal, Lagoon, Pool, River
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Security Guard, Fire Sprinkler System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 736.0
  • Community Features: Boat Facilities, Bocce Court, Clubhouse, Gated, Pickleball, Property Manager On-Site, Pool, Sauna, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bocce Court, Billiard Room, Clubhouse, Fitness Center, Management, Pickleball, Pool, Putting Green(s), Sauna, 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, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Security, Water

Schools

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

Lot Info

  • Parcel #: 06434731060205050
  • Lot Size: Private Road,West of US-
  • Zoning Description: Res

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5231.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Jul 8, 2025
Sold by
Newman Scott and Newman Judith Anne
Bought by
Chelles Cintia
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Cintia Chelles
Canvas Real Estate
List Price
$435,000
Sold Price
$370,000
Premium/Discount to List
-$65,000
-14.94%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.41%
Original Mortgage
$10,767
Outstanding Balance
$10,767
Interest Rate
6.89%
Estimated Equity
$365,020

Purchase Details

Closed on
Apr 24, 2023
Sold by
Soto James
Bought by
Newman Scott T and Newman Judith Anne

Purchase Details

Closed on
Apr 20, 2023
Sold by
Beatrice Soto Revocable Living Trust
Bought by
Newman Scott T and Newman Judith Anne

Purchase Details

Closed on
Sep 20, 2013
Sold by
Soto Beatrice
Bought by
Soto Beatrice and The Beatrice Soto Revocable Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $370,000 None Listed On Document
Warranty Deed -- First Priority Title
Warranty Deed $285,000 Title Services Corporation
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,767 No Value Available
Open $358,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Sold $370,000 +1.4% $338 / Sq Ft
06/19/2025 06/19/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $365,000 -5.2% $333 / Sq Ft
05/09/2025 05/09/25 Price Changed $385,000 -2.8% $352 / Sq Ft
04/21/2025 04/21/25 Price Changed $396,000 -0.9% $362 / Sq Ft
04/01/2025 04/01/25 Price Changed $399,500 -4.7% $365 / Sq Ft
03/18/2025 03/18/25 Price Changed $419,000 -3.5% $383 / Sq Ft
02/14/2025 02/14/25 Price Changed $434,000 -0.2% $396 / Sq Ft
01/13/2025 01/13/25 For Sale $435,000 -- $397 / 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 $5,706 $320,000 -- --
2023 $5,337 $296,000 $0 $296,000
2022 $1,297 $100,043 $0 $0
2021 $1,264 $97,129 $0 $0
2020 $1,242 $95,788 $0 $0
2019 $1,233 $93,634 $0 $0
2018 $1,141 $91,888 $0 $0
2017 $1,114 $89,998 $0 $0
2016 $1,085 $88,147 $0 $0
2015 $1,090 $87,534 $0 $0
2014 $1,090 $86,839 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Johnsen

    Seller's Agent in 2025

    Lynn Johnsen

    RE/MAX

    (561) 239-1900

    78 Total Sales

    Section Image

  • C

    Buyer's Agent in 2025

    Cintia Chelles

    Canvas Real Estate

    (305) 205-7550

    3 Total Sales

    Section Image
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About Boca Bayou

Map

Source: BeachesMLS

MLS Number: R11051796

BeachesMLS

APN: 06-43-47-31-06-020-5050

Florida Palm Beach County Boca Raton 33432

20 Royal Palm Way Unit 505, Boca Raton, FL

This home is located at 20 Royal Palm Way Unit 505, Boca Raton, FL 33432 and is currently priced at $370,000, approximately $337 per square foot. This property was built in 1980. 20 Royal Palm Way Unit 505 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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