NOT LISTED FOR SALE

4 Royal Palm Way Unit 504 Boca Raton, FL 33432

Estimated Value: $304,821 - $358,000

2 Beds
1 Bath
1,010 Sq Ft
$568/mo HOA Fee

Last Sold April 08, 2022

Last sale price $292,500 $290 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,705/month

40 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 April 2022

Great water views from this 2 Bedroom with connecting bath, Main Bedroom features a generous walk-in closet and dressing area with sink. Impact windows, shuttered balcony. The perfect East Boca location. Close to Mizner Park, beaches, restaurants, & shopping. Boca Bayou is a resort style community featuring ocean access canals, 24/7 manned guardhouse, tennis courts, 5 heated pools, clubhouse, 2 fitness centers, & boat dockage. Residents may rent boat docks (upon availability). Investors are permitted to rent immediately.

Last Agent to Sell the Property

Luke Redigan

Douglas Elliman License #3182893 Listed on: 01/27/2022

Douglas Elliman

Last Buyer's Agent

Stacy Guerra

Coldwell Banker/BR License #3060343

Coldwell Banker/BR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,787

Year Built

  • Built in 1979

Lot Details

  • Waterfront

HOA Fees

  • $568 Monthly HOA Fees

Property Views

  • Canal
  • Pool

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,010 Sq Ft Home
  • Great Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Sinks

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Canal Access
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434731060045040

Community Details

Overview

  • Association fees include cable TV, sewer, security, water
  • 721 Units
  • High-Rise Condominium
  • Boca Bayou Condo Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

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

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,787

Year Built

Built in 1979

Lot Details

0

HOA Fees

$568 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Entrance on Royal Palm Way (SW 18th Street), Between Federal Hwy (US1) & Dixie Hwy
  • Year Built: 1979
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Stacked Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1010.0
  • Dining Room Type: Great Room
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony
  • View: Canal, Pool
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access, Fixed Bridge, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard
  • Cooling: Central Air, 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: 568.0
  • Community Features: Boat Facilities, Clubhouse, Gated, Pool, Shuffleboard, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Pool, Shuffleboard Court, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Cable TV, Sewer, Security, Water

Lot Info

  • Parcel #: 06434731060045040
  • Zoning Description: R4(cit

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2787.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Apr 7, 2022
Sold by
Murphy Joan S
Bought by
Montano Sebastian Marcus and Montano Halina Maria
Seller's Agent
Luke Redigan
Douglas Elliman
Buyer's Agent
Stacy Guerra
Coldwell Banker/BR
List Price
$289,900
Sold Price
$292,500
Premium/Discount to List
$2,600
0.9%
Current Estimated Value
$331,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,705
Avg. Annual Appreciation
3.55%
Original Mortgage
$182,000
Outstanding Balance
$171,778
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$159,427

Purchase Details

Closed on
Sep 7, 2012
Sold by
Doery Rose D
Bought by
Doery Rose D

Purchase Details

Closed on
Dec 27, 1996
Sold by
Kelley Camille A
Bought by
Doery Rose D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,100
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1994
Sold by
Thomas Linda and Thomas Marion
Bought by
Kelley Camille A
Source: Public Records

Range of Values:

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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
Montano Sebastian Marcus $292,500 Sunbelt Title
Doery Rose D -- Attorney
Doery Rose D $73,000 --
Kelley Camille A $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montano Sebastian Marcus $182,000
Previous Owner Doery Rose D $51,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $292,500 +0.9% $290 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $289,900 0.0% $287 / Sq Ft
04/01/2017 04/01/17 Rented $1,400 -12.5% --
03/02/2017 03/02/17 Under Contract -- -- --
01/07/2017 01/07/17 For Rent $1,600 -- --
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 $4,838 $269,000 -- --
2023 $4,531 $249,000 $0 $249,000
2022 $3,342 $155,100 $0 $0
2021 $2,787 $141,000 $0 $141,000
2020 $2,624 $132,000 $0 $132,000
2019 $2,882 $142,000 $0 $142,000
2018 $2,719 $140,000 $0 $140,000
2017 $2,768 $141,000 $0 $0
2016 $646 $98,588 $0 $0
2015 $1,279 $97,903 $0 $0
2014 $1,280 $97,126 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Luke Redigan

    Douglas Elliman

    (561) 400-2259

    29 Total Sales

    Luke Redigan
    Section Image

  • S

    Buyer's Agent in 2022

    Stacy Guerra

    Coldwell Banker/BR

    (561) 789-0982

    13 Total Sales

    Stacy Guerra
    Section Image

  • P

    Buyer's Agent in 2017

    Patricia Prosje

    A-1 Florida Real Estate

  • Patricia Prosje

    Buyer's Agent in 2017

    Patricia Prosje

    A-1 Florida Real Estate

    (954) 270-3627

    40 Total Sales

    Patricia Prosje
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10772797

BeachesMLS

APN: 06-43-47-31-06-004-5040

Florida Palm Beach County Boca Raton 33432

4 Royal Palm Way Unit 504, Boca Raton, FL

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.

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