NOT LISTED FOR SALE

3 Royal Palm Way Unit 602 Boca Raton, FL 33432

Estimated Value: $353,153 - $396,000

2 Beds
2 Baths
1,130 Sq Ft
$689/mo HOA Fee

Last Sold August 11, 2023

Last sale price $390,000 $345 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,183/month

114 Days on Market

Highlights

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

About This Home

As of August 2023

Waterfront 2/2 in a boating community on the top floor with full impact windows. Tile throughout with granite counter top. Extra storage cabinet under the counter. Appliances and AC was replaced in 2015. Has 1 assigned parking space. All ages welcome. It can be rented right away. Gated waterfront community, has 5 swimming pools, fitness facilities, tennis courts, clubhouse. Just minutes to the beach, Mizner Park, Royal Palm, Boca Resort and more. All assessments are paid in full. No pet community but service animals or ESA animals allowed. BOAT DOCKS & DECKS REDONE, NEW BBQS

Last Agent to Sell the Property

Laddavan Gaddh

United Realty Group Inc License #3042787 Listed on: 03/17/2023

United Realty Group Inc

Last Buyer's Agent

Paula Catino

RE/MAX Services License #60304678

RE/MAX Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,854

Year Built

  • Built in 1979

Lot Details

  • Waterfront

HOA Fees

  • $689 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Canal
  • Pool

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,130 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Security Lights

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Fixed Bridges

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434731060036020

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, laundry, ground maintenance, parking, pool(s), reserve fund, roof, security, trash, water
  • Boca Bayou Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,854

Year Built

Built in 1979

Lot Details

0

HOA Fees

$689 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Federal Highway west to SW 18th. Gate is on the south side of SW 18th.
  • Year Built: 1979
  • Entry Level: 6
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1130.0
  • Dining Room Type: Storage Room
  • Stories: 6
  • Window Features: Impact Glass

Exterior Features

  • View: Canal, Pool
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Fixed Bridge, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 689.0
  • Community Features: Boat Facilities, Clubhouse, Gated, Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Pool, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Parking, Pool(s), Reserve Fund, Roof, Security, Trash, Water

Lot Info

  • Parcel #: 06434731060036020
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3854.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Aug 11, 2023
Sold by
Guarino Trust
Bought by
Cvp Properties Ii Llc
Seller's Agent
Laddavan Gaddh
United Realty Group Inc
Buyer's Agent
Paula Catino
RE/MAX Services
List Price
$439,900
Sold Price
$390,000
Premium/Discount to List
-$49,900
-11.34%
Views
219
Current Estimated Value
$384,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,962
Avg. Annual Appreciation
-0.65%

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jun 28, 2023
Sold by
Karmar Realty Trust
Bought by
Guarino Trust and Guarino
Seller's Agent
Laddavan Gaddh
United Realty Group Inc
Buyer's Agent
Paula Catino
RE/MAX Services
List Price
$439,900
Sold Price
$390,000
Premium/Discount to List
-$49,900
-11.34%
Views
219

Purchase Details

Closed on
Jan 11, 2005
Sold by
Guarino Juana and Guarino Luigi
Bought by
Guarino Juana

Purchase Details

Closed on
Jul 13, 1995
Sold by
Desiderio James L and Desiderio Donna M
Bought by
Guarino Luigi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.5%
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
Cvp Properties Ii Llc $390,000 Corporate Title
Cvp Properties Ii Llc $390,000 Corporate Title
Guarino Trust -- None Listed On Document
Guarino Trust -- None Listed On Document
Guarino Juana -- --
Guarino Luigi $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guarino Luigi $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $390,000 -2.3% $345 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $399,000 -3.8% $353 / Sq Ft
06/02/2023 06/02/23 Price Changed $414,900 -1.2% $367 / Sq Ft
05/31/2023 05/31/23 Price Changed $419,900 -2.3% $372 / Sq Ft
05/28/2023 05/28/23 Price Changed $429,900 +4.9% $380 / Sq Ft
05/20/2023 05/20/23 Price Changed $409,900 -4.7% $363 / Sq Ft
05/10/2023 05/10/23 Price Changed $429,900 -2.3% $380 / Sq Ft
03/17/2023 03/17/23 For Sale $439,900 -- $389 / 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 $5,706 $300,000 -- --
2024 $5,706 $320,000 -- --
2023 $4,434 $211,629 $0 $296,000
2022 $4,014 $192,390 $0 $0
2021 $3,420 $178,000 $0 $178,000
2020 $3,111 $159,000 $0 $159,000
2019 $3,068 $152,000 $0 $152,000
2018 $2,808 $145,000 $0 $145,000
2017 $2,894 $148,000 $0 $0
2016 $2,943 $148,000 $0 $0
2015 $2,849 $139,000 $0 $0
2014 $2,710 $130,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10874590

BeachesMLS

APN: 06-43-47-31-06-003-6020