NOT LISTED FOR SALE

8 Royal Palm Way Unit 3030 Boca Raton, FL 33432

Estimated Value: $391,000 - $434,000

2 Beds
2 Baths
1,130 Sq Ft
8 Acres

Highlights

  • Property has ocean access
  • Gated with Attendant
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Home fronts a lagoon or estuary
  • Wood Flooring

About This Home

As of January 2022

Beautiful fully furnished/turnkey 2 bed/2 bath condo available for seasonal rental. 3rd floor with gorgeous water views of Hillsboro Canal from living room, bedroom & balcony. White kitchen cabinets, stainless steel appliances, granite countertop & kitchen bar. Master bedroom has a king sized bed & TV. Guest bedroom has a queen size Murphy bed. Rent includes water, basic cable, tenant pays for electricity & WiFi. Waterfront gated community with tennis courts, 5 heated pools, BBQs & Gym. No pets allowed and no smoking allowed. Rate published is 6 months & one day rate at $3750 no taxes = $22,625. Shorter terms are available: 4 month $4500/month + 13% taxes = $20,340 or 5 months rate $4000/month + 13% taxes the tenant pays $22,600. 1 month security depoist required + Condo Approval

Last Agent to Rent the Property

Wendy Chenot

A1A Team License #677971 Listed on: 10/08/2021

A1A Team

Last Renter's Agent

Lindsay LoBello-Sapienza

KW Innovations License #3498610

KW Innovations

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,706

Year Built

  • Built in 1976

Lot Details

  • 8

Interior Spaces

  • 1,130 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Screened Porch
  • Canal Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Balcony

Additional Features

  • Home fronts a lagoon or estuary
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 11/1/21
  • Assessor Parcel Number 06434731060083030

Community Details

Recreation

  • Recreational Area

Additional Features

  • Boca Bayou Subdivision
  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,706

Year Built

Built in 1976

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2021-11-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Manned gate for Boca Bayou is located at Royal Palm Way/18th St between Federal Hway and Dixie
  • Year Built: 1976
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1130.0
  • Dining Room Type: Family Room

Exterior Features

  • Exterior Features: Balcony
  • View: Canal
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Canal Access, Lagoon, Ocean Access
  • Waterfront: Yes
  • Patio And Porch Features: Balcony, Porch, Screened

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated, Recreation Area
  • Senior Community: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 06434731060083030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2018
Sold by
Shinn Thomas E and Shinn Karen D
Bought by
Shinn Thomas E
Current Estimated Value
$414,181

Purchase Details

Closed on
Jul 30, 2010
Sold by
Codispodo Stephen D and Impastato Joseph
Bought by
Shinn Thomas

Purchase Details

Closed on
Apr 27, 2005
Sold by
Karis Esther
Bought by
Codispodo Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 21, 1999
Sold by
Joan and Prs Plesser Prs
Bought by
Karis John
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
Shinn Thomas E -- Attorney
Shinn Thomas $142,000 Attorney
Codispodo Stephen D $280,000 --
Karis John $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Codispodo Stephen D $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2022 01/01/22 Rented $3,750 +7.1% --
12/02/2021 12/02/21 Under Contract -- -- --
10/08/2021 10/08/21 For Rent $3,500 -- --
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 $5,122 $275,880 $0 $0
2022 $4,659 $250,800 $0 $0
2021 $1,872 $130,810 $0 $0
2020 $1,842 $129,004 $0 $0
2019 $1,836 $126,104 $0 $0
2018 $1,707 $123,753 $0 $0
2017 $1,677 $121,208 $0 $0
2016 $1,652 $118,715 $0 $0
2015 $1,672 $117,890 $0 $0
2014 $1,675 $116,954 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Chenot

    Landlord's Agent in 2022

    Wendy Chenot

    A1A Team

    (503) 691-9700

    54 Total Sales

    Section Image
  • Lindsay LoBello-Sapienza

    Tenant's Agent in 2022

    Lindsay LoBello-Sapienza

    KW Innovations

    (561) 997-0500

    41 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10750851

BeachesMLS

APN: 06-43-47-31-06-008-3030

Florida Palm Beach County Boca Raton 33432

8 Royal Palm Way Unit 3030, Boca Raton, FL

This home is located at 8 Royal Palm Way Unit 3030, Boca Raton, FL 33432 since 08 October 2021 and is currently priced at $408,820. This property was built in 1976. 8 Royal Palm Way Unit 3030 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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