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Sold for $487,000
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  • $487,000

    18 Royal Palm Way #3040, Boca Raton, FL 33432

    2beds
    1,130sqft
    Condominium
    Built in 1979
    -- sqft lot
    $490,400 Zestimate®
    $431/sqft
    $2,890 Estimated rent

    Home value

    $490,400

    $436,000 - $554,000

    $2,890/mo

    Zestimate® history
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    What's special

    This meticulously renovated 2 bedroom, 2 bathroom unit offers a stylish and modern yet welcoming ambiance. From the brand new kitchen and appliances to the updated baths, flooring, fixtures, FULL IMPACT WINDOWS and recessed lighting, every detail has been impeccably redesigned. The split floor plan includes 2 beds and 2 full baths, providing comfort and privacy, with a rare IN UNIT washer & dryer. Step out onto the screened balcony and take in the captivating water view. Boca Bayou, with its man-gated entrance, roaming security, and abundant amenities offering a fitness center, common deck patio space, and a brand new pool just steps away. Enjoy the convenience of Mizner Park, Downtown Boca's shops, restaurants, parks, beaches and more.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Kennedy 561-951-8815,

    Compass Florida LLC

    Bought with:

    Rene Mahfood

    Douglas Elliman

    Source: MIAMI,MLS#: R11027051MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Electric Range, Washer
    • Laundry: Laundry Room
    Features
    • Walk-In Closet(s)
    • Flooring: Vinyl
    • Windows: Complete Impact Glass
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,130 sqft

    Property

    Parking
    • Parking features: Assigned, No Rv/Boats
    Features
    • Stories: 6
    • Has private pool: Yes
    • Pool features: Community, Association, Private Pool
    • Waterfront features: Intracoastal Front
    Details
    • Additional structures: Livable
    • Parcel number: 06434731060183040
    • Zoning: RES

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete Block Construction, CBS Construction
    Condition
    • Year built: 1979

    Utilities & green energy

    • Electric: 3 Phase Electric
    • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
    • Water: Public
    • Utilities for property: Sewer Connected, Water Connected, Sewer Available, Water Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Fire Alarm
    Community
    • Community features: Boating, Buyer Approval Required, Clubhouse, Fitness Center, Management On Site, HOA, Exercise Room, Pool
    Location
    • Region: Boca Raton
    • Subdivision: Boca Bayou

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $639 monthly
    • Amenities included: Billiard Room, Boat Dock, Clubhouse, Clubhouse-Clubroom, Pool, Elevator(s), Fitness Center, Management, Pool Table
    Other fees
    • Application fee: $150

    Other

    Other facts
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    2/10/2025Sold$487,000-2.4%$431/sqft
    Source: MIAMI #R11027051 Report a problem
    11/4/2024Price change$499,000-2.2%$442/sqft
    Source: BeachesMLS #RX-11027051 Report a problem
    10/7/2024Listed for sale$510,000+10.9%$451/sqft
    Source: BeachesMLS #RX-11027051 Report a problem
    7/27/2023Sold$460,000+2.2%$407/sqft
    Source: BeachesMLS #R10893399 Report a problem
    6/20/2023Contingent$450,000$398/sqft
    Source: BeachesMLS #RX-10893399 Report a problem
    6/16/2023Price change$450,000-4.3%$398/sqft
    Source: BeachesMLS #RX-10893399 Report a problem
    5/30/2023Listed for sale$470,000+19%$416/sqft
    Source: BeachesMLS #RX-10893399 Report a problem
    9/14/2022Sold$395,000-3.7%$350/sqft
    Source: BeachesMLS #R10816215 Report a problem
    8/19/2022Contingent$410,000$363/sqft
    Source: BeachesMLS #RX-10816215 Report a problem
    8/8/2022Price change$410,000-3.5%$363/sqft
    Source: BeachesMLS #RX-10816215 Report a problem
    7/14/2022Listed for sale$425,000+145.7%$376/sqft
    Source: BeachesMLS #RX-10816215 Report a problem
    7/8/2014Sold$173,000-19.5%$153/sqft
    Source: Public Record Report a problem
    7/4/2014Pending sale$214,900+24.2%$190/sqft
    Source: Century 21 A+ Realty #A1858030 Report a problem
    4/30/2014Sold$173,000-19.5%$153/sqft
    Source: MIAMI #A1858030 Report a problem
    10/19/2013Listed for sale$214,900$190/sqft
    Source: Century 21 A+ Realty #A1858030 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,876 +22.1%$330,000 +7.8%
    2023$4,812 +92.2%$306,000 +81.3%
    2022$2,503 +1.4%$168,755 +3%
    2021$2,468 +1.6%$163,840 +1.4%
    2020$2,430 +1.4%$161,578 +2.3%
    2019$2,397 $157,945 +1.9%
    2018$2,397 +6%$155,000 +1.2%
    2017$2,262 +0.3%$153,194 +2.1%
    2016$2,255 +1%$150,043 +0.7%
    2015$2,232 -23.1%$149,000 +6.4%
    2014$2,904 +167.2%$140,000 +60.8%
    2013$1,087 +1.3%$87,040 +1.7%
    2012$1,073 +3.6%$85,585 +3%
    2011$1,036 +4.9%$83,092 +1.5%
    2010$988 +11.1%$81,864 +2.7%
    2009$890 +9.7%$79,712 +0.1%
    2008$811 -19%$79,632 +3%
    2007$1,001 -4.7%$77,313 +2.5%
    2006$1,050 $75,427 +3%
    2005-- $73,230 +3%
    2004$507 +856.8%$71,097 +1.9%
    2003$53 -94.3%$69,771 +2.4%
    2002$933 +0.6%$68,136 +1.6%
    2001$928 +4.9%$67,063 +3%
    2000$885 +15.5%$65,110 -6.3%
    1999$766 $69,500

    Find assessor info on the county website

    Neighborhood: 33432

    Nearby schools

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    Estimated market value
    $490,400
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    Estimated market value
    $490,400