NOT LISTED FOR SALE

22 Royal Palm Way Unit 403 Boca Raton, FL 33432

Estimated Value: $355,028 - $437,000

2 Beds
2 Baths
1,095 Sq Ft
$520/mo HOA Fee

Last Sold October 22, 2021

Last sale price $279,000 $255 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,964/month

77 Days on Market

Highlights

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

About This Home

As of October 2021

TWO Bedroom 2 Bath CONDOMINUM Located on the 4th Floor in The Boca Bayou Community, A Man Gated Community, Amazing Waterfront Views Boca Bayou has 721 units on approximately (46) acres. Condo units in Boca Bayou are located on waterways with views of the Hillsboro Canal and direct access to the Intracoastal Waterway, The community is situated less than two (2) miles from the beach and the Atlantic Ocean. It is located less than five (5) minutes from Royal Palm Plaza and Mizner Park in downtown Boca Raton. Both plazas offer a wide assortment of upscale shopping and dining establishments.SELLER PAYS ASSESMENTSYou can lease a boat slip .

Last Agent to Sell the Property

Michael Merola

United Realty Group, Inc License #3369966 Listed on: 07/06/2021

United Realty Group, Inc

Last Buyer's Agent

Michael Merola

United Realty Group, Inc License #3369966 Listed on: 07/06/2021

United Realty Group, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,427

Year Built

  • Built in 1984

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $520 Monthly HOA Fees

Property Views

  • Intracoastal
  • Canal

Interior Spaces

  • 1,095 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434731060224030

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, parking, pest control, recreation facilities, security, trash
  • Boca Bayou Condo Subdivision

Amenities

  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,427

Year Built

Built in 1984

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Take (US1) Federal Highway South of Camino Real to SW 18th St/Royal Palm Way. Guard Gate Entrance on south side
  • Year Built: 1984
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1095.0
  • Stories: 4

Exterior Features

  • Exterior Features: Patio
  • View: Canal, Intercoastal
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal 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: Washer Hookup, Dryer Hookup
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Ceiling Fan(s), 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: 520.0
  • Community Features: Boat Facilities, Clubhouse, Gated, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Recreation Facilities, Security, Trash

Lot Info

  • Parcel #: 06434731060224030
  • Zoning Description: R4

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3427.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Oct 22, 2021
Sold by
Ahmad Sami and Cetin Allye
Bought by
Vultaggio Anthony
Seller's Agent
Michael Merola
United Realty Group, Inc
Buyer's Agent
Michael Merola
United Realty Group, Inc
List Price
$335,888
Sold Price
$279,000
Premium/Discount to List
-$56,888
-16.94%
Current Estimated Value
$396,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,507
Avg. Annual Appreciation
8.97%
Original Mortgage
$223,200
Outstanding Balance
$203,538
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$192,969

Purchase Details

Closed on
Feb 6, 2006
Sold by
Ahmad Sami and Cetin Aliye
Bought by
Ahmad Sami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2002
Sold by
Sweeny John F
Bought by
Ahmad Sami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
6.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vultaggio Anthony $279,000 South Florida Title Assc Llc
Ahmad Sami -- Chicago Title Ins Agency Inc
Ahmad Sami $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vultaggio Anthony $223,200
Previous Owner Ahmad Sami $209,000
Previous Owner Ahmad Sami $124,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $279,000 -16.9% $255 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $335,888 -- $307 / 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 $4,276 $276,683 -- --
2023 $4,171 $268,624 $0 $0
2022 $4,120 $260,800 $0 $0
2021 $3,780 $196,000 $0 $196,000
2020 $3,509 $181,000 $0 $181,000
2019 $3,477 $174,000 $0 $174,000
2018 $3,251 $170,000 $0 $170,000
2017 $1,976 $137,737 $0 $0
2016 $1,951 $134,904 $0 $0
2015 $1,981 $133,966 $0 $0
2014 $1,985 $132,903 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Merola

    Seller's Agent in 2021

    Michael Merola

    United Realty Group, Inc

    (561) 400-6980

    54 Total Sales

    Michael Merola
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Map

Source: BeachesMLS

MLS Number: R10728914

BeachesMLS

APN: 06-43-47-31-06-022-4030

Florida Palm Beach County Boca Raton 33432

22 Royal Palm Way Unit 403, Boca Raton, FL

Not Listed for Sale

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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