NOT LISTED FOR SALE

3 Royal Palm Way Unit 506 Boca Raton, FL 33432

Estimated Value: $345,766 - $405,000

2 Beds
2 Baths
1,130 Sq Ft
$455/mo HOA Fee

Last Sold March 27, 2017

Last sale price $189,000 $167 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,888/month

129 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 March 2017

Gorgeous Corner Unit, Split bedroom 2/2 with Fantastic Water & Pool Views, SE Exposure, Light & Bright, Super Clean, Ceramic tiled diagonally throughout, Ocean Access Dockage available upon availability. Offered Fully Furnished & Turn Key. (No pets). Well located, man gated, waterfront, resort style community with pools, clubhouse, tennis, shuffleboard, etc. Mins to Beautiful Beaches, I-95, The ''New'' Downtown Boca Raton, Deerfield Beach, Downtown Delray Beach, All Shopping, Restaurants & Entertainment!!!! True South Florida Resort Style Living at its best!!!

Last Agent to Sell the Property

Sergio Commisso

JSM Realty Services, Inc. License #619990 Listed on: 10/18/2016

Last Buyer's Agent

Marcy Javor

Signature One Luxury Estates LLC License #3329310

Signature One Luxury Estates LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 1979

Lot Details

  • Property fronts an intracoastal waterway
  • North Facing Home

HOA Fees

  • $455 Monthly HOA Fees

Property Views

  • Canal
  • Pool

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,130 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring
  • Security Lights

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Balcony
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434731060035060

Community Details

Overview

  • Association fees include management, cable TV, insurance, maintenance structure, roof, sewer, security, water
  • 721 Units
  • Boca Bayou Condo Subdivision
  • 5-Story Property

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,035

Year Built

Built in 1979

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Entrance at SW 18th Street between US1 & Dixie Highway
  • Year Built: 1979
  • Carport Y N: No
  • Entry Level: 5
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Closet Cabinetry, Dual Sinks, Eat-in Kitchen, Elevator, Living/Dining Room, Pantry, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1130.0
  • Stories: 5
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Canal, Pool, Water
  • Pool Features: None, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Dock Access, Fixed Bridge, Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Patio, Screened

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Security Guard, Security Lights, 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: 455.0
  • Community Features: Boat Facilities, Clubhouse, Fitness Center, Pool, Shuffleboard, Tennis Court(s), Dock
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Structure, Roof, Sewer, Security, Water

Schools

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

Lot Info

  • Parcel #: 06434731060035060
  • Zoning Description: R4(cit

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3035.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2016
Closed on
Apr 19, 2017
Sold by
Rivas Benjamin
Bought by
Rivas Benjamin
Seller's Agent
Sergio Commisso
JSM Realty Services, Inc.
Buyer's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$204,900
Sold Price
$189,000
Premium/Discount to List
-$15,900
-7.76%
Current Estimated Value
$384,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,442
Avg. Annual Appreciation
8.46%

Purchase Details

Listed on
Oct 18, 2016
Closed on
Mar 23, 2017
Sold by
Henrietta Charlene and Gennarini John
Bought by
Rivers Benjamin
Seller's Agent
Sergio Commisso
JSM Realty Services, Inc.
Buyer's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$204,900
Sold Price
$189,000
Premium/Discount to List
-$15,900
-7.76%

Purchase Details

Closed on
Mar 17, 2005
Sold by
Gennarini John
Bought by
Gennarini John

Purchase Details

Closed on
Jan 27, 2003
Sold by
Gennarini John
Bought by
Gennarini John and John Gennarini Sr Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rivas Benjamin -- Palm Beach Title & Escrow Co
Rivers Benjamin $190,000 Palm Beach Title & Escrow Co
Gennarini John -- --
Gennarini John -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2017 03/27/17 Sold $189,000 -7.8% $167 / Sq Ft
02/25/2017 02/25/17 Pending -- -- --
10/18/2016 10/18/16 For Sale $204,900 -- $181 / 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
2025 $4,940 $264,123 -- --
2024 $4,940 $240,112 -- --
2023 $4,589 $218,284 $0 $0
2022 $4,155 $198,440 $0 $0
2021 $3,516 $183,000 $0 $183,000
2020 $3,202 $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

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10275811

BeachesMLS

APN: 06-43-47-31-06-003-5060