NOT LISTED FOR SALE

7 Royal Palm Way Unit 208 Boca Raton, FL 33432

Estimated Value: $350,992 - $422,000

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

Last Sold March 27, 2024

Last sale price $349,000 $309 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,300/month

100 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 March 2024

Beautiful 2 bedroom, 2 bathroom waterfront condo in Boca Bayou's boating community in the heart of Boca Raton! Main canal view! Sit on your balcony and watch the boats go by! Many updates and spotlessly clean! Bring your fussiest buyer. Special assessment paid by seller! Easy to show and sell.

Last Agent to Sell the Property

Peter McNeil

Peter Mc Neil Company Inc. License #367805 Listed on: 11/20/2023

Last Buyer's Agent

Peter McNeil

Peter Mc Neil Company Inc. License #367805 Listed on: 11/20/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1978

Lot Details

  • Home fronts navigable water

HOA Fees

  • $696 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,130 Sq Ft Home
  • Ceiling Fan
  • Single Hung Metal Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Seawall
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434731060072080

Community Details

Overview

  • Association fees include management, cable TV, hot water, insurance, laundry, legal/accounting, ground maintenance, maintenance structure, pool(s), sewer, security, trash, water
  • High-Rise Condominium
  • Boca Bayou Condo Subdivision
  • 6-Story Property

Amenities

  • Clubhouse

Recreation

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

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,396

Year Built

Built in 1978

Lot Details

0

HOA Fees

$696 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: US 1 SOUTH OF CAMINO TO ROYAL PALM WAY WEST TO 1st LEFT INTO THE COMPLEX.
  • Year Built: 1978
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1130.0
  • Stories: 6
  • Window Features: Impact Glass, Metal, Single Hung, Sliding

Exterior Features

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

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Key Card Entry, 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, Clubhouse, Gated, Property Manager On-Site, Pool, Shuffleboard, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Shuffleboard Court, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Hot Water, Insurance, Laundry, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434731060072080
  • Zoning Description: RES

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1396.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Mar 27, 2024
Sold by
Varrone Mary
Bought by
Baron Joanne
Seller's Agent
Peter McNeil
Peter Mc Neil Company Inc.
Buyer's Agent
Peter McNeil
Peter Mc Neil Company Inc.
List Price
$395,000
Sold Price
$349,000
Premium/Discount to List
-$46,000
-11.65%
Views
175
Current Estimated Value
$397,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,248
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Aug 28, 2014
Sold by
Varrone Mary
Bought by
Varrone Mary

Purchase Details

Closed on
Jul 21, 1999
Sold by
Lucker Judith E and Lucker Cramer E
Bought by
Varrone Anthony J
Source: Public Records

Range of Values:

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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
Baron Joanne $349,000 None Listed On Document
Varrone Mary -- Attorney
Varrone Anthony J $77,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $349,000 -5.7% $309 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
12/16/2023 12/16/23 Price Changed $369,900 -6.4% $327 / Sq Ft
11/20/2023 11/20/23 For Sale $395,000 -- $350 / 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 $5,876 $330,000 -- --
2023 $1,396 $111,898 $0 $0
2022 $1,439 $108,639 $0 $0
2021 $1,406 $105,475 $0 $0
2020 $1,382 $104,019 $0 $0
2019 $1,373 $101,680 $0 $0
2018 $1,272 $99,784 $0 $0
2017 $1,245 $97,732 $0 $0
2016 $1,216 $95,722 $0 $0
2015 $1,234 $95,057 $0 $0
2014 $1,235 $94,303 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10937633

BeachesMLS

APN: 06-43-47-31-06-007-2080