NOT LISTED FOR SALE

7 Royal Palm Way Unit 408 Boca Raton, FL 33432

Estimated Value: $403,000 - $437,000

2 Beds
2 Baths
1,130 Sq Ft
30.08 Acres

Last Sold July 24, 2023

Last sale price $387,500 $343 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,749/month

Highlights

  • Property Fronts a Bay or Harbor
  • Intracoastal View
  • Clubhouse
  • Boca Raton Community Middle School Rated A-
  • Gated with Attendant
  • Screened Porch

About This Home

As of February 2024

Welcome to Boca! 2 Bedroom 2 Bathroom nicely remodeled unit. Beautiful views of the waterway. 24 hour gated community.
Monthly Rent includes water, garbage, sewer, Cable with HBO, Guard Gate, 2 Fitness Centers, 5 Pools, and more! Unit is light and bright with tile throughout unit.
Community is 2 miles from the beach. Super close to Mizner Park

Last Agent to Rent the Property

Patricia Green

Beautiful Homes Realty Inc License #3061022 Listed on: 08/01/2023

Last Renter's Agent

Eddy Sua

Capital Group Realty of South Florida License #3246138

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,876

Year Built

  • Built in 1976

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

Parking

  • Assigned Parking

Interior Spaces

  • 1,130 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Screened Porch
  • Tile Flooring
  • Intracoastal Views
  • Dryer

Kitchen

  • Self-Cleaning Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 8/1/23
  • Rent includes pool, sewer, trash collection, cable TV, water
  • Renewal Option
  • Assessor Parcel Number 06434731060074080

Community Details

Overview

  • Boca Bayou Condo 01 04 Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Recreational Area
  • Tennis Courts

Security

  • Gated with Attendant
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,876

Year Built

Built in 1976

Lot Details

0

Rental Info

  • Available Date: 2023-08-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Federal Highway North to Royal Palm Blvd - West to Boca Bayou on South Side - Building 7 unit 408.
  • Year Built: 1976
  • Lease Renewal Option: Yes
  • Architectural Style: Other
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Microwave, Refrigerator, Self Cleaning Oven, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1130.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Tennis Court(s)
  • View: Intercoastal, Water
  • Pool Features: Community, Pool
  • View: Yes
  • Waterfront Features: Bay Front
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Screened

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Pool, Sewer, Trash Collection, Cable TV, Water
  • Community Features: Gated, Pool, Recreation Area
  • Senior Community: No
  • Amenities: Clubhouse, Laundry
  • Pets Allowed: No

Lot Info

  • Parcel #: 06434731060074080
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2014
Sold by
Krisch Louis J and Krisch Maria
Bought by
Mille Muge
Current Estimated Value
$426,112

Purchase Details

Closed on
Jun 1, 2000
Sold by
Pr Edward L Schloer
Bought by
Krisch Louis 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
Mille Muge $185,000 Attorney
Krisch Louis J $95,000 --
Krisch Louis J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Rented $2,500 -3.7% --
01/16/2024 01/16/24 Under Contract -- -- --
11/03/2023 11/03/23 Price Changed $2,595 -3.7% $2 / Sq Ft
10/18/2023 10/18/23 Price Changed $2,695 -3.6% $2 / Sq Ft
10/03/2023 10/03/23 Price Changed $2,795 -3.5% $2 / Sq Ft
09/19/2023 09/19/23 Price Changed $2,895 -3.3% $3 / Sq Ft
08/25/2023 08/25/23 Price Changed $2,995 -6.3% $3 / Sq Ft
08/15/2023 08/15/23 Price Changed $3,195 -3.0% $3 / Sq Ft
08/01/2023 08/01/23 For Rent $3,295 0.0% --
07/24/2023 07/24/23 Sold $387,500 -3.1% $343 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $399,997 0.0% $354 / Sq Ft
05/07/2023 05/07/23 Off Market $399,997 -- --
04/12/2023 04/12/23 Price Changed $399,997 -4.2% $354 / Sq Ft
03/23/2023 03/23/23 Price Changed $417,750 -4.0% $370 / Sq Ft
12/21/2022 12/21/22 For Sale $435,000 0.0% $385 / Sq Ft
10/31/2019 10/31/19 Rented $3,000 0.0% --
10/01/2019 10/01/19 Under Contract -- -- --
10/18/2018 10/18/18 For Rent $3,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10393295

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-31-06-007-4080