NOT LISTED FOR SALE

7 Royal Palm Way Unit 404 Boca Raton, FL 33432

Estimated Value: $315,000 - $414,000

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

Last Sold January 24, 2023

Last sale price $290,000 $257 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,119/month

39 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 January 2023

Opportunity knocks for this deluxe model end unit condo. Priced to sell. Sold As-Is. Ready for a new owner to make it their own. One of the best buildings with wide water views of Hillsboro canal. Location location location. Needs complete reno. Guest bathroom was updated at one time. Primary bathroom has updated shower and flooring. Needs new A/C. Current A/C is not working. Needs new kitchen and flooring. Maintenance fee includes, water/sewer, cable w/HBOs, Hot water, building insurance, lawn/shrub care. Walk/Bike to Beaches, Parks, shopping and restaurants. Downtown Boca Raton. No trucks, motorcycles and commercial vehicles. Service/ESA pets only with proper documentation.

Last Agent to Sell the Property

Lynn Johnsen

RE/MAX Services License #60576611 Listed on: 11/25/2022

RE/MAX Services

Last Buyer's Agent

Matthew Campbell

Beachfront Properties Real Estate LLC License #3416171

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,044

Year Built

  • Built in 1979

Lot Details

  • Home fronts navigable water
  • River Front
  • Sprinkler System

HOA Fees

  • $696 Monthly HOA Fees

Property Views

  • River
  • Canal

Home Design

  • Entry on the 4th floor
  • Fixer Upper

Interior Spaces

  • 1,130 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • Parking Pad
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434731060074040

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • 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

$4,044

Year Built

Built in 1979

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. Located 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. 1st stop sign go left.
  • Year Built: 1979
  • Architectural Style: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

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

Garage/Parking

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

Utilities

  • 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, 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, Management, Pool, Sauna, Storage, Tennis Court(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, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434731060074040
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4044.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Eskape Rentals Llc
Bought by
Haifas Rentals Llc
Current Estimated Value
$363,283

Purchase Details

Listed on
Nov 25, 2022
Closed on
Jan 24, 2023
Sold by
Mann Gertrude
Bought by
Eskape Rentals Llc
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Matthew Campbell
Beachfront Properties Real Estate LLC
List Price
$320,000
Sold Price
$290,000
Premium/Discount to List
-$30,000
-9.38%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
May 31, 2000
Sold by
Joseph Mann and Joseph Gertrude
Bought by
Mann Gertrude

Purchase Details

Closed on
Jan 25, 1999
Sold by
Patricia Boltrek Tr
Bought by
Mann Joseph

Purchase Details

Closed on
Dec 23, 1997
Sold by
Boltrek Patricia A
Bought by
Boltrek Patricia A
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
Haifas Rentals Llc -- None Listed On Document
Haifas Rentals Llc -- None Listed On Document
Eskape Rentals Llc $290,000 Corporate Title
Mann Gertrude -- --
Mann Joseph $83,600 --
Boltrek Patricia A $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2023 01/24/23 Sold $290,000 -9.4% $257 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
11/25/2022 11/25/22 For Sale $320,000 -- $283 / 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 $4,641 $224,939 $0 $0
2022 $4,213 $204,490 $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

Agents Affiliated with this Home

  • Lynn Johnsen

    Seller's Agent in 2023

    Lynn Johnsen

    RE/MAX

    (561) 239-1900

    79 Total Sales

    Lynn Johnsen
    Section Image
  • Matthew Campbell

    Buyer's Agent in 2023

    Matthew Campbell

    Beachfront Properties Real Estate LLC

    (561) 289-8913

    75 Total Sales

    Matthew Campbell
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10848141

BeachesMLS

APN: 06-43-47-31-06-007-4040

Florida Palm Beach County Boca Raton 33432

7 Royal Palm Way Unit 404, Boca Raton, FL

This home is located at 7 Royal Palm Way Unit 404, Boca Raton, FL 33432 since 25 November 2022 and is currently estimated at $363,283, approximately $321 per square foot. This property was built in 1979. 7 Royal Palm Way Unit 404 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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