$290,000
SOLD SEP 5, 2025

7 Royal Palm Way Unit 202 Boca Raton, FL 33432

2 Beds
1 Bath
1,010 Sq Ft
$753/mo HOA Fee

Recently Sold

$287 Per Sq Ft

2% Below List Price

28 Days on Market

Highlights

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

About This Home

As of September 2025

Waterfront Paradise in SE Boca Raton! Luxurious resort-style living on the scenic Hillsboro Canal with breathtaking water views & daily boat parades from your private balcony. This beautifully updated 2-bedroom unit features an open-concept kitchen, dining & spacious living areas, plus a primary bedroom with stunning sunrise views. Hurricane impact windows & doors throughout for peace of mind. Exceptional amenities include gated entry with 24/7 manned security, 5 heated swimming pools, lighted tennis courts & newly renovated clubhouse with modern finishes. Building passed 30-year concrete recertification & structural study. All assessments paid! Park with pickleball courts across street! Minutes to pristine beaches, downtown Boca, Mizner Park, shopping, fine dining & Brightline station!

Last Agent to Sell the Property

Lynn Johnsen

RE/MAX Services License #576611 Listed on: 06/15/2025

RE/MAX Services

Last Buyer's Agent

Tami Marine

LPT Realty, LLC License #3509691

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,014

Year Built

  • Built in 1979

Lot Details

  • River Front

HOA Fees

  • $753 Monthly HOA Fees

Property Views

  • Intracoastal
  • River
  • Canal
  • Pool

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,010 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434731060072020
  • Seller Considering Concessions

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Laundry Facilities

Recreation

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

Security

  • Gated with Attendant
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,014

Year Built

Built in 1979

Lot Details

0

HOA Fees

$753 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SW 18 St/Royal Palm. Located between US 1 and Dixie Hwy. Entrance is on southside. After Guard gate go to the right-after S curve go left to just before stop sign turn left toward building #7
  • Year Built: 1979
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Entrance Foyer, Living/Dining Room, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Tile
  • Living Area: 1010.0
  • Dining Room Type: Storage Room
  • Stories: 6
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Canal, Intercoastal, Pool, River
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, River Front
  • 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: 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: 753.0
  • Community Features: Boat Facilities, Bocce Court, Clubhouse, Gated, Pickleball, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bocce Court, Billiard Room, Clubhouse, Fitness Center, Laundry, Pickleball, Pool, Putting Green(s), Sauna, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 06434731060072020
  • Lot Size: Private Road,West of US-
  • Zoning Description: Res

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4014.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2025
Closed on
Sep 4, 2025
Sold by
Malpezzi Theodore and Pontrello Paul
Bought by
Rezza Dolores C
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Tami Marine
LPT Realty, LLC
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1262.01%
Original Mortgage
$191,750
Outstanding Balance
$191,750
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$138,701

Purchase Details

Closed on
Jun 15, 2011
Sold by
Malpezzi Theodore
Bought by
Malpezzi Barbara

Purchase Details

Closed on
Oct 20, 2004
Sold by
Malpezzi Theodore A and Malpezzi Barbara
Bought by
Malpezzi Theodore A

Purchase Details

Closed on
Mar 10, 2001
Sold by
Anthony J Varrone M
Bought by
Malpezzi Theodore
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Warranty Deed $108,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Sold $290,000 -1.7% $287 / Sq Ft
07/13/2025 07/13/25 Pending -- -- --
06/15/2025 06/15/25 For Sale $295,000 0.0% $292 / Sq Ft
07/01/2024 07/01/24 Rented $2,550 0.0% --
06/03/2024 06/03/24 Under Contract -- -- --
04/06/2024 04/06/24 For Rent $2,550 0.0% --
05/01/2023 05/01/23 Rented $2,550 0.0% --
03/31/2023 03/31/23 Under Contract -- -- --
03/31/2023 03/31/23 Price Changed $2,550 -3.8% $3 / Sq Ft
02/13/2023 02/13/23 For Rent $2,650 -- --
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 $4,181 $201,441 -- --
2023 $3,893 $183,128 $0 $0
2022 $3,535 $166,480 $0 $0
2021 $2,974 $151,345 $0 $151,345
2020 $2,810 $142,345 $0 $142,345
2019 $3,084 $152,900 $0 $152,900
2018 $2,912 $150,900 $0 $150,900
2017 $2,964 $151,900 $0 $0
2016 $2,951 $146,289 $0 $0
2015 $2,808 $132,990 $0 $0
2014 $2,533 $120,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Johnsen

    Seller's Agent in 2025

    Lynn Johnsen

    RE/MAX

    (561) 239-1900

    79 Total Sales

    Lynn Johnsen
    Section Image

  • T

    Buyer's Agent in 2025

    Tami Marine

    LPT Realty, LLC

    (561) 472-1236

    32 Total Sales

    Tami Marine
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11099587

BeachesMLS

APN: 06-43-47-31-06-007-2020

Florida Palm Beach County Boca Raton 33432

7 Royal Palm Way Unit 202, Boca Raton, FL

This home is located at 7 Royal Palm Way Unit 202, Boca Raton, FL 33432 and is currently priced at $290,000, approximately $287 per square foot. This property was built in 1979. 7 Royal Palm Way Unit 202 is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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