NOT LISTED FOR SALE

8 Royal Palm Way Unit 2060 Boca Raton, FL 33432

Estimated Value: $378,120 - $438,000

2 Beds
2 Baths
1,095 Sq Ft
8 Acres

Last Sold August 26, 2022

Last sale price $365,000 $333 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,681/month

Highlights

  • Boat Ramp
  • Property has ocean access
  • Gated with Attendant
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • Waterfront

About This Home

As of November 2022

Updated 2 bedroom/2 bath unit with water views in the popular resort style gated and boating community of Boca Bayou! All New Hurricane Impact windows and slider to patio, New stainless steel appliances to be installed in a few days, Laundry on site, Community has 5 pools, outdoor grill area, clubhouse, fitness center, tennis courts. Building #8 has great guest parking! Also includes cable, water & additional storage. Great location in East Boca, close to Beach, Shopping, Restaurants, downtown Boca, and more! Tenant approval. Shows great! EZ to show!

Last Agent to Rent the Property

Paula Catino

RE/MAX Services License #60304678 Listed on: 09/01/2022

RE/MAX Services

Last Renter's Agent

Paula Catino

RE/MAX Services License #60304678 Listed on: 09/01/2022

RE/MAX Services

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,706

Year Built

  • Built in 1979

Lot Details

  • Waterfront

Interior Spaces

  • 1,095 Sq Ft Home
  • Entrance Foyer
  • Canal Views

Kitchen

  • Microwave
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Canal Access
  • Seawall
  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Reverse Cycle Heating System

Listing and Financial Details

  • Property Available on 9/3/22
  • Assessor Parcel Number 06434731060082060

Community Details

Overview

  • 721 Units
  • Boca Bayou Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities
  • Community Storage Space

Recreation

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

Security

  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,706

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2022-09-03

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Guard Gate entrance between SW 18th Street Dixie Hwy & US1 Inside gate bare right, go left to just before stop sign, turn left toward Building 8
  • Year Built: 1979
  • Entry Level: 2
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Elevator, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1095.0
  • Dining Room Type: Storage Room

Exterior Features

  • Exterior Features: Balcony, Patio, Tennis Court(s)
  • View: Canal
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access, Fixed Bridge, Ocean Access, Seawall
  • Waterfront: Yes
  • Patio And Porch Features: Patio, Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Electric, Reverse Cycle
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Clubhouse, Gated, Pool, Shuffleboard, Street Lights, Tennis Court(s), Recreation Area
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Pool, Shuffleboard Court, Storage, Tennis Court(s)
  • Pets Allowed: No

Lot Info

  • Parcel #: 06434731060082060

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
5 Talmadge Street Llc
Bought by
Cvp Properties I Llc
Current Estimated Value
$399,202

Purchase Details

Listed on
Jun 4, 2022
Closed on
Aug 24, 2022
Sold by
Arina Feeney
Bought by
5 Talmadge Street Llc
Seller's Agent
Rochelle LeCavalier
Douglas Elliman
Buyer's Agent
Paula Catino
RE/MAX Services
List Price
$380,000
Sold Price
$365,000
Premium/Discount to List
-$15,000
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%

Purchase Details

Listed on
Dec 6, 2021
Closed on
Dec 14, 2021
Sold by
Schaumburg Arthur E and Schaumburg Erica F
Bought by
Feeney Arina
Seller's Agent
Rochelle LeCavalier
Douglas Elliman
Buyer's Agent
Rochelle LeCavalier
Douglas Elliman
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.04%

Purchase Details

Closed on
Jun 1, 2020
Sold by
Schaumburg Arthur E and Schaumburg Erica F
Bought by
Schaumburg Arthur E and Schaumburg Erica F

Purchase Details

Closed on
Aug 31, 2012
Sold by
Morone Marc A
Bought by
Hamboyan Sarkis

Purchase Details

Closed on
Dec 10, 2007
Sold by
Mullaney Rita B and De Ovando Sandra
Bought by
Morone Marc A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 7, 2005
Sold by
Mullaney Rita B
Bought by
Mullaney Rita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2004
Sold by
Negomireanu Mihai and Negomireanu Victoria Georgeta
Bought by
Mullaney Rita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 1999
Sold by
Kelley Jane A
Bought by
Negomireanu Mihai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1995
Sold by
Walterman Bruce D and Szeskel Edward M
Bought by
Kelley Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cvp Properties I Llc -- None Listed On Document
5 Talmadge Street Llc $365,000 --
Feeney Arina $280,000 None Available
Schaumburg Arthur E -- Attorney
Hamboyan Sarkis $177,500 Capital Abstract & Title
Morone Marc A $177,500 Capital Abstract & Title
Mullaney Rita B -- --
Mullaney Rita B $255,000 Palm Beach Title & Escrow Co
Negomireanu Mihai $83,000 --
Kelley Jane A $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morone Marc A $117,500
Previous Owner Mullaney Rita B $204,000
Previous Owner Negomireanu Mihai $121,600
Previous Owner Negomireanu Mihai $17,109
Previous Owner Negomireanu Mihai $83,000
Previous Owner Kelley Jane A $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Rented $2,650 -10.2% --
10/09/2022 10/09/22 Under Contract -- -- --
09/01/2022 09/01/22 For Rent $2,950 0.0% --
08/26/2022 08/26/22 Sold $365,000 -3.9% $333 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $380,000 +35.7% $347 / Sq Ft
12/14/2021 12/14/21 Sold $280,000 0.0% $256 / Sq Ft
12/06/2021 12/06/21 For Sale $280,000 0.0% $256 / Sq Ft
01/16/2020 01/16/20 For Rent $1,850 0.0% --
01/16/2020 01/16/20 Rented $1,850 0.0% --
12/31/2019 12/31/19 Sold $232,000 -3.3% $205 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $239,900 -- $212 / 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 $5,706 $320,000 -- --
2023 $5,337 $296,000 $0 $296,000
2022 $4,659 $250,800 $0 $0
2021 $3,382 $176,000 $0 $176,000
2020 $3,075 $157,000 $0 $157,000
2019 $3,031 $150,000 $0 $150,000
2018 $2,665 $137,000 $0 $137,000
2017 $2,768 $141,000 $0 $0
2016 $2,814 $141,000 $0 $0
2015 $2,753 $134,000 $0 $0
2014 $2,613 $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rochelle LeCavalier

    Douglas Elliman

    (561) 866-0811

    252 Total Sales

    Section Image
  • Paula Catino

    Landlord's Agent in 2022

    Paula Catino

    RE/MAX

    (561) 271-3251

    45 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    Alexandria Aguilar

    Prime Real Estate of Florida LLC

    (561) 900-4020

    48 Total Sales

    Section Image
  • Lynn Johnsen

    Seller's Agent in 2019

    Lynn Johnsen

    RE/MAX

    (561) 239-1900

    78 Total Sales

    Section Image

  • S

    Buyer Co-Listing Agent in 2019

    Sarah Benderson

    Douglas Elliman

    (561) 245-2635

    1 Total Sale

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10828975

BeachesMLS

APN: 06-43-47-31-06-008-2060

Florida Palm Beach County Boca Raton 33432

8 Royal Palm Way Unit 2060, Boca Raton, FL

This home is located at 8 Royal Palm Way Unit 2060, Boca Raton, FL 33432 since 01 September 2022 and is currently priced at $403,530. This property was built in 1979. 8 Royal Palm Way Unit 2060 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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