$425,000
$383K PRICE INCREASE

7 Royal Palm Way Unit 304 Boca Raton, FL 33432

Estimated payment $3,648/month

Total Views 1,020
2 Beds
2 Baths
1,130 Sq Ft
$376 Price per Sq Ft

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Gated Community
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

Beautiful waterfront 2-bedroom, 2-bath condo in the highly sought-after Boca Bayou community. Enjoy stunning intercostal views from your private screened patio. This move-in-ready home features custom Italian kitchen cabinets, impact sliding doors and mostly impact windows for peace of mind. Resort-style amenities, including 5 pools, fitness center, tennis courts, clubhouse, and more. Building has recently undergone restorations including concrete, new screens, and pavement. Includes additional storage Space, cable with HBO and water. Clubhouse renovation assessment has been paid. Boca Bayou does offer dock space opportunities - must check for availability. Just minutes from the beach, Mizner Park, shopping, and dining. A fantastic opportunity in a prime location! Investor friendly!

Listing Agent

David Rubin

LoKation License #3428524

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,722

Year Built

  • Built in 1976

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $815 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

  • Intracoastal
  • Bay

Interior Spaces

  • 1,130 Sq Ft Home
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434731060073040

Community Details

Overview

  • Association fees include common areas, cable TV, laundry, reserve fund, security, water
  • Boca Bayou Subdivision
  • Car Wash Area
  • 6-Story Property

Amenities

  • Picnic Area
  • Clubhouse
  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,722

Year Built

Built in 1976

Lot Details

0

HOA Fees

$815 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1976
  • Carport Y N: No
  • Entry Level: 304
  • Property Attached Yn: No
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Other, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, 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, Deck, Security/High Impact Doors
  • View: Bay, Intercoastal, Water
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Bayfront, Fixed Bridge, Intracoastal Access, Ocean Access, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, One Space

Utilities

  • Laundry Features: Common Area
  • Security: Complex Fenced, Security Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 815.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Marina, Clubhouse, Elevator(s), Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Storage, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Laundry, Reserve Fund, Security, Water

Lot Info

  • Parcel #: 06434731060073040

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5722.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,722 $315,568 -- --
2023 $5,304 $286,880 $0 $0
2022 $4,835 $260,800 $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

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $42,500 0.0% $38 / Sq Ft
04/19/2025 04/19/25 For Rent $3,400 +17.2% --
09/01/2022 09/01/22 Rented $2,900 -3.3% --
07/04/2022 07/04/22 Price Changed $3,000 -6.3% $3 / Sq Ft
06/27/2022 06/27/22 For Rent $3,200 0.0% --
06/15/2022 06/15/22 Sold $420,000 -2.3% $372 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $430,000 +53.6% $381 / Sq Ft
06/30/2021 06/30/21 Sold $280,000 +4.1% $248 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $269,000 0.0% $238 / Sq Ft
03/10/2020 03/10/20 Rented $1,550 -15.1% --
02/09/2020 02/09/20 Under Contract -- -- --
01/09/2020 01/09/20 For Rent $1,825 +14.1% --
01/01/2017 01/01/17 Rented $1,600 -5.6% --
12/02/2016 12/02/16 Under Contract -- -- --
10/17/2016 10/17/16 For Rent $1,695 0.0% --
01/29/2015 01/29/15 Sold $180,000 -7.6% $159 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $194,900 -- $172 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 Ivanov Yelena
Quit Claim Deed -- Unisource
Warranty Deed $280,000 Attorneys Signature Ttl Pllc
Warranty Deed $180,000 Attorney
Warranty Deed $183,000 Palmetto Park Title Company
Warranty Deed -- --
Warranty Deed $86,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $156,000 New Conventional
Previous Owner $82,000 New Conventional
Previous Owner $81,700 New Conventional
Source: Public Records

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10499669

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-31-06-007-3040