NOT LISTED FOR SALE

7 Royal Palm Way Unit 301 Boca Raton, FL 33432

Estimated Value: $252,920 - $336,000

1 Bed
1 Bath
795 Sq Ft
$416/mo HOA Fee

Last Sold May 14, 2019

Last sale price $112,000 $141 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $2,240/month

156 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 May 2019

This short sale opportunity won't last! SE Boca. Waterfront, boating community. 24 hour manned gated entrance, 5 swimming pools, lighted tennis courts, clubhouse and more. Boat dockage available. Community renovations include; concrete restoration, new elevators, updated contemporary look & paint colors, renovated saltwater pools, new clubhouse and so much more. Maintenance fee includes, water/sewer, cable w/HBOs, Hot water, building insurance, lawn/shrub care.

Last Agent to Sell the Property

Lynn Johnsen

RE/MAX Services License #60576611 Listed on: 11/08/2018

RE/MAX Services

Last Buyer's Agent

JARED LESHNER

Champagne & Parisi Real Estate License #3252453

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,439

Year Built

  • Built in 1979

Lot Details

  • Home fronts navigable water
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $416 Monthly HOA Fees

Property Views

  • River
  • Canal
  • Garden

Interior Spaces

  • 795 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Balcony
  • Deck
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434731060073010

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, legal/accounting, ground maintenance, maintenance structure
  • 721 Units
  • High-Rise Condominium
  • Boca Bayou Subdivision

Amenities

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

Recreation

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

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,439

Year Built

Built in 1979

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SW 18th St between Federal and Dixie. South side. After the gate follow around to right, after the S curve to just before the stop sign turn left straight ahead to building #7. Parking Space #156
  • Year Built: 1979
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: 12

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 795.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Balcony, Deck, Outdoor Grill, TV Antenna
  • View: Canal, Garden, River, Water
  • Lot Features: Cul-De-Sac, 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, Deck, Screened
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard, Security 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: 416.0
  • Community Features: Boat Facilities, Clubhouse, Property Manager On-Site, Pool, Sauna, Shuffleboard, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Laundry, Management, Pool, Shuffleboard Court, Sauna, Storage, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure

Lot Info

  • Parcel #: 06434731060073010
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2439.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
May 14, 2019
Sold by
Gihon Robert J
Bought by
Parker Albert W
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
JARED LESHNER
Champagne & Parisi Real Estate
List Price
$154,500
Sold Price
$112,000
Premium/Discount to List
-$42,500
-27.51%
Current Estimated Value
$282,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,980
Avg. Annual Appreciation
15.64%

Purchase Details

Closed on
Sep 11, 2000
Sold by
Mancini Charles J
Bought by
Gihon Robert J

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
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1995
Sold by
Badger Priscilla
Bought by
Mancicni Charles J
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
Parker Albert W $112,000 Corporate Title Inc
Gihon Robert J $80,000 --
Mancicni Charles J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gihon Robert J $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $112,000 -27.5% $141 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
11/08/2018 11/08/18 For Sale $154,500 -- $194 / 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 $3,817 $188,869 -- --
2023 $3,594 $171,699 $0 $0
2022 $3,270 $156,090 $0 $0
2021 $2,804 $142,000 $0 $142,000
2020 $2,570 $129,000 $0 $129,000
2019 $2,603 $127,000 $0 $127,000
2018 $2,541 $130,000 $0 $130,000
2017 $1,009 $84,154 $0 $0
2016 $979 $82,423 $0 $0
2015 $981 $81,850 $0 $0
2014 $981 $81,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Johnsen

    Seller's Agent in 2019

    Lynn Johnsen

    RE/MAX

    (561) 239-1900

    79 Total Sales

    Lynn Johnsen
    Section Image

  • J

    Buyer's Agent in 2019

    JARED LESHNER

    Champagne & Parisi Real Estate

    (561) 613-0393

    22 Total Sales

    JARED LESHNER
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10479641

BeachesMLS

APN: 06-43-47-31-06-007-3010

Florida Palm Beach County Boca Raton 33432

7 Royal Palm Way Unit 301, Boca Raton, FL

This home is located at 7 Royal Palm Way Unit 301, Boca Raton, FL 33432 since 08 November 2018 and is currently estimated at $282,980, approximately $355 per square foot. This property was built in 1979. 7 Royal Palm Way Unit 301 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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