NOT LISTED FOR SALE

6 Royal Palm Way Unit 109 Boca Raton, FL 33432

Estimated Value: $360,402 - $426,000

2 Beds
2 Baths
1,130 Sq Ft
1 Acres

Last Sold September 24, 2014

Last sale price $190,000 $168 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,534/month

Highlights

  • Boat Ramp
  • Property has ocean access
  • Gated with Attendant
  • Boca Raton Community Middle School Rated A-
  • Home fronts navigable water
  • Canal View

About This Home

As of October 2023

ONE OF THE ONLY ANNUAL RENTALS IN BOCA BAYOU WITH PRIVATE DOCK RIGHT OUTSIDE YOUR PORCH, INCLUDED IN THE RENT! Recently renovated 1st fl unit with 2 bdrms, both with full bath and walk in closets, updated kitchen with granite and stainless steel appliances, vinyl wood floors, screened in porch walks out onto your own DOCK! Access to intracoastal. Up to 26'' BOAT ALLOWED. Fully renovated Boca Bayou is a gated community with 5 salt water pools, sauna, gym, tennis, clubhouse and more! Minutes from MIZNER PARK and DEERFIELD BEACH and Bright-Line. Waterfront Park right next door with trails, beach volleyball, kayaking and more

Last Agent to Rent the Property

Rina Fern

United Realty Group, Inc License #3270947 Listed on: 07/21/2023

Last Renter's Agent

Kamila Kruszelnicka

Robert Slack LLC License #3485525

Robert Slack LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,993

Year Built

  • Built in 1979

Lot Details

  • 1

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,130 Sq Ft Home
  • Ceiling Fan
  • Vinyl Flooring
  • Canal Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Seawall
  • Balcony
  • Patio
  • Porch

Additional Features

  • Home fronts navigable water
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 9/1/23
  • Assessor Parcel Number 06434731060061090

Community Details

Overview

  • 600 Units
  • Boca Bayou Phase Two Cond Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Shuffleboard Court
  • Community Pool
  • Recreational Area

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,993

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-09-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: DIXIE OR FEDERAL HWY TO ROYAL PALM WAY
  • Year Built: 1979
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Living Area: 1130.0
  • Dining Room Type: Storage Room

Exterior Features

  • Exterior Features: Balcony, Patio, Tennis Court(s)
  • View: Canal
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Patio And Porch Features: Patio, Porch

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Facilities, Clubhouse, Gated, Property Manager On-Site, Pool, Shuffleboard, Tennis Court(s), Recreation Area
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Laundry, Management, Pool, Shuffleboard Court, Storage, Tennis Court(s)
  • Pets Allowed: No

Lot Info

  • Parcel #: 06434731060061090
  • Land Lease Amount Frequency: Monthly

Multi Family

  • Number Of Units In Community: 600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2018
Sold by
Fern Steven and Fern Rina
Bought by
Fern Steven J and Steven J Fern Revocable Trust
Current Estimated Value
$401,101

Purchase Details

Listed on
Sep 24, 2014
Closed on
Sep 24, 2014
Sold by
Federal National Mortgage Association
Bought by
Fern Steven
Seller's Agent
Danielle Posillico
Coldwell Banker
Buyer's Agent
Staci Keller
RealVantage Real Estate Corp.
Sold Price
$1,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$171,000
Outstanding Balance
$133,203
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$285,627

Purchase Details

Closed on
Jan 17, 2014
Sold by
Boca Bayou Condominium Association Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 22, 1999
Sold by
Williams Grace
Bought by
Dull Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1998
Sold by
Pr Cynthia M Mccarthy and Pr Marousis Pr
Bought by
Williams Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Fern Steven J -- Attorney
Fern Steven $190,000 Attorney
Federal National Mortgage Association -- None Available
Dull Roger $103,000 --
Williams Grace $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fern Steven $171,000
Previous Owner Williams Grace $99,900
Previous Owner Williams Grace $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2023 10/15/23 Rented $2,800 -6.7% --
09/11/2023 09/11/23 Price Changed $3,000 +3.4% $3 / Sq Ft
08/28/2023 08/28/23 Price Changed $2,900 -1.7% $3 / Sq Ft
08/17/2023 08/17/23 Price Changed $2,950 -1.7% $3 / Sq Ft
08/07/2023 08/07/23 Price Changed $3,000 -3.2% $3 / Sq Ft
07/21/2023 07/21/23 For Rent $3,100 +17.0% --
08/13/2021 08/13/21 For Rent $2,650 +1.9% --
08/13/2021 08/13/21 Rented $2,600 +44.4% --
08/01/2019 08/01/19 Rented $1,800 -6.5% --
07/02/2019 07/02/19 Under Contract -- -- --
01/05/2019 01/05/19 For Rent $1,925 +4.1% --
02/25/2016 02/25/16 Rented $1,850 -2.6% --
01/26/2016 01/26/16 Under Contract -- -- --
09/14/2015 09/14/15 For Rent $1,900 +8.6% --
11/13/2014 11/13/14 Rented $1,750 -99.1% --
10/14/2014 10/14/14 Under Contract -- -- --
09/24/2014 09/24/14 Sold $190,000 0.0% $168 / Sq Ft
09/24/2014 09/24/14 For Rent $1,800 0.0% --
08/25/2014 08/25/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $199,900 -- $177 / 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 $4,993 $247,433 -- --
2023 $4,641 $224,939 $0 $0
2022 $4,213 $204,490 $0 $0
2021 $3,612 $188,000 $0 $188,000
2020 $3,292 $169,000 $0 $169,000
2019 $3,254 $162,000 $0 $162,000
2018 $2,985 $155,000 $0 $155,000
2017 $3,074 $158,000 $0 $0
2016 $3,129 $158,000 $0 $0
2015 $3,041 $149,000 $0 $0
2014 $2,904 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10905987

BeachesMLS

APN: 06-43-47-31-06-006-1090