NOT LISTED FOR SALE

6 Royal Palm Way Unit 305 Boca Raton, FL 33432

Estimated Value: $361,719 - $552,000

2 Beds
2 Baths
1,130 Sq Ft
$696/mo HOA Fee

Last Sold June 22, 2023

Last sale price $387,500 $343 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,415/month

16 Days on Market

Highlights

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

About This Home

As of June 2023

Downtown Southeast Boca Raton. Gated waterfront community, Boca Bayou. Fabulous opportunity to purchase this spacious larger DELUXE model with a breakfast nook. Additional features include, updated kitchen with open concept to dining & living room. Beautiful tile and laminate floors through out. Relax on your private screened balcony overlooking the water. New impact front door includes Larson storm door. Just steps to one of the five community pools. Assigned parking space close by. Gated community, 5 swimming pools, clubhouse & tennis. Just minutes to the beach, Mizner Park, Royal Palm and more. Assoc fee includes building insurance, water, cable w/HBO's, 24 hour manned gated security & FULL RESERVES.

Last Agent to Sell the Property

Lynn Johnsen

RE/MAX Services License #60576611 Listed on: 04/21/2023

RE/MAX Services

Last Buyer's Agent

Servilio Cardoso

VantaSure Realty LLC License #3307851

VantaSure Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,014

Year Built

  • Built in 1976

Lot Details

  • Home fronts navigable water
  • Sprinkler System

HOA Fees

  • $696 Monthly HOA Fees

Property Views

  • Lagoon
  • Canal

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,130 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch

Kitchen

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

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434731060063050

Community Details

Overview

  • Association fees include common areas, cable TV, hot water, insurance, ground maintenance, maintenance structure, pool(s), reserve fund, security, water
  • 721 Units
  • High-Rise Condominium
  • Boca Bayou Subdivision
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Bocce Ball Court
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,014

Year Built

Built in 1976

Lot Details

0

HOA Fees

$696 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SW 18 St/Royal Palm. Between US 1 and Dixie Hwy. Entrance is on southside. After Guard gate go toward the right-after S curve go left toward the back of the community turn left before 1st stop sign.
  • Year Built: 1976
  • Architectural Style: High Rise
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1130.0
  • Dining Room Type: Storage Room
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony
  • View: Canal, Lagoon
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Ocean Access
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Ceiling Fan(s), 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: 696.0
  • Community Features: Boat Facilities, Bocce Court, Clubhouse, Gated, Property Manager On-Site, Pool, Sauna, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bocce Court, Clubhouse, Fitness Center, Laundry, Management, Pool, Sauna, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Security, Water

Lot Info

  • Parcel #: 06434731060063050
  • Lot Size: Private Road,West of US-
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4014.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2010
Sold by
Covello Jeanne and Scotto Anthony
Bought by
Covello Jeanne
Current Estimated Value
$424,680

Purchase Details

Closed on
Apr 21, 2009
Sold by
Raddi Frank and Melagrano Frank
Bought by
Covello Jeanne

Purchase Details

Closed on
Aug 31, 2005
Sold by
Carovillano Robert L
Bought by
Raddi Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Covello Jeanne -- Attorney
Covello Jeanne $145,000 Sunbelt Title Agency
Raddi Frank $305,000 Corporate Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raddi Frank $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $387,500 -2.4% $343 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $396,900 0.0% $351 / Sq Ft
01/01/2019 01/01/19 Rented $2,500 -10.7% --
12/02/2018 12/02/18 Under Contract -- -- --
08/11/2018 08/11/18 For Rent $2,800 -- --
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 $5,706 $320,000 -- --
2023 $4,434 $211,629 $0 $0
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: R10883650

BeachesMLS

APN: 06-43-47-31-06-006-3050