NOT LISTED FOR SALE

22 Royal Palm Way Unit 503 Boca Raton, FL 33432

Estimated Value: $358,026 - $498,000

2 Beds
2 Baths
1,095 Sq Ft
30.08 Acres

Last Sold July 03, 2014

Last sale price $156,000 $142 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,596/month

Highlights

  • Home fronts navigable water
  • Gated with Attendant
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Canal Access
  • Clubhouse

About This Home

As of March 2023

Incredible east Boca location near downtown Boca and the beach! This totally renovated 2/2 condo offers beach feel with a newer kitchen, updated appliances, remodeled baths, beautiful laminate floors, plus those spectacular water views from the screened balcony. Basic cable & water provided by HOA. No pets or smoking allowed. Guard gated community with many amenities including a clubhouse, pool, tennis, fitness center, boating, dockage, etc.

Last Agent to Rent the Property

Neill Beren

South Florida Premier Properties Inc License #3110983 Listed on: 01/27/2023

Last Renter's Agent

Lynn Johnsen

RE/MAX Services License #60576611

RE/MAX Services

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 1984

Lot Details

  • 30.08

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,095 Sq Ft Home
  • Ceiling Fan
  • Screened Porch
  • Canal Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Parking

  • Detached Garage
  • Guest Parking

Outdoor Features

  • Canal Access
  • Balcony

Additional Features

  • Home fronts navigable water
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 2/1/23
  • Assessor Parcel Number 06434731060225030

Community Details

Overview

  • Boca Bayou Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,137

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-02-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: On SW 18th between Dixie Hwy and US1. Entrance to Boca Bayou on the south side of the street. Left after the gate.
  • Year Built: 1984
  • Entry Level: 5
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1095.0

Exterior Features

  • Exterior Features: Balcony
  • View: Canal
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water
  • Waterfront: Yes
  • Patio And Porch Features: Balcony, Screened

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Covered, Detached, Garage, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Management, Pool, Spa/Hot Tub, Tennis Court(s)
  • Pets Allowed: No

Lot Info

  • Parcel #: 06434731060225030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2019
Sold by
Gilbert Sara Lif
Bought by
Palmisano Rocco and Palmisano Denise
Current Estimated Value
$411,757

Purchase Details

Listed on
May 25, 2014
Closed on
Jul 1, 2014
Sold by
Regions Bank
Bought by
Gilbert Sara Lif and 2013 Isaac Lif Dynasty Trust
List Price
$144,900
Sold Price
$156,000
Premium/Discount to List
$11,100
7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Mar 26, 2014
Sold by
Rodriguez Maria and Schabler Jeff
Bought by
Regions Bank

Purchase Details

Closed on
Mar 1, 2004
Sold by
Duesel Earl A and Duesel Irene Garcia
Bought by
Schabler Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 2002
Sold by
Duesel Earl A
Bought by
Duesel Earl A
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
Palmisano Rocco $228,000 Princeton Title & Escrow Llc
Gilbert Sara Lif $156,000 First Intl Title Inc
Regions Bank $147,600 None Available
Schabler Jeff $210,000 --
Duesel Earl A -- Trans State Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schabler Jeff $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Rented $2,550 0.0% --
01/27/2023 01/27/23 For Rent $2,550 0.0% --
07/03/2014 07/03/14 Sold $156,000 +7.7% $142 / Sq Ft View Prior Sale
06/03/2014 06/03/14 Pending -- -- --
05/25/2014 05/25/14 For Sale $144,900 -- $132 / 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 $5,137 $260,876 -- --
2023 $4,772 $237,160 $0 $0
2022 $4,336 $215,600 $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 $3,092 $159,000 $0 $0
2016 $3,166 $160,000 $0 $0
2015 $3,136 $154,000 $0 $0
2014 $3,001 $145,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10861575

BeachesMLS

APN: 06-43-47-31-06-022-5030