Sold for $435,000

$435,000

18 Royal Palm Way #5050, Boca Raton, FL 33432

2beds

1,095sqft

Condominium

Built in 1979

-- sqft lot

$446,600 Zestimate^®

$397/sqft

$2,761 Estimated rent

Home value

$446,600

$397,000 - $505,000

$2,761/mo

Zestimate^® history

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$2,761/mo

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$3,913/mo

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$3,913/mo

Est. payment

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What's special

Fabulous opportunity to own a high floor, renovated, 2/2 waterfront condo on the Hillsboro Canal, in the most ideally located building within the Boca Bayou development in East Boca. Featuring porcelain tile flooring, an open concept kitchen with new cabinetry and island, pendant lighting, marble vanities, full hurricane impact windows, plantation shutters, a large custom walk-in closet, Stainless Steel Appliances, and spacious bedrooms, this condo is move-in ready! Prime location minutes away from downtown, the beach, and the new Brightline Station. Boca Bayou is a 24/hr manned gated community featuring tennis, pickleball, multiple pools, a marina, and a brand new clubhouse on the way. No assessments, no concrete restoration. Only time to sit back, relax, and watch the boats go by... Parking Space 517 - **RIGHT IN FRONT OF BUILDING** Storage All Special Assessments have been paid by Sellers.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 195
Dimensions: 15 X 13

Kitchen

Level: Main
Area: 90
Dimensions: 10 X 9

Living room

Level: Main
Area: 195
Dimensions: 15 X 13

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Refrigerator, Washer
Laundry: Inside

Features

Breakfast Bar, Built-in Features, Closet Cabinetry, Dual Sinks, Elevator, Kitchen Island, Living/Dining Room, Split Bedrooms, Storage, Separate Shower, Walk-In Closet(s)

Interior area

Total structure area: 1,095
Total interior livable area: 1,095 sqft

Property

Parking

Total spaces: 1
Parking features: Assigned, Guest
Uncovered spaces: 1

Features

Entry location: Entry Level Living Area Y
Patio & porch: Covered, Patio, Screened
Exterior features: Outdoor Living Area
Pool features: Association
Has view: Yes
View description: Canal
Has water view: Yes
Water view: Canal
Waterfront features: Fixed Bridge, Ocean Access

Details

Parcel number: 06434731060185050
Zoning: RES
Special conditions: Listed As-Is

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block

Condition

Resale
New construction: No
Year built: 1979

Utilities & green energy

Electric: 3 Phase
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Sewer Available, Water Available

Community & HOA

Community

Features: Boat Facilities, Gated, Property Manager On-Site, Street Lights, Sidewalks
Security: Gated with Guard, Gated Community, Security Guard
Subdivision: BOCA BAYOU PH 1, 2 THRU 5 & 7 CONDOS

HOA

Has HOA: Yes
Amenities included: Basketball Court, Boating, Clubhouse, Fitness Center, Laundry, Picnic Area, Pickleball, Pool, Parking, Putting Green(s), Shuffleboard Court, Storage, Sidewalks, Tennis Court(s), Trash, Elevator(s)
Services included: Common Areas, Cable TV, Hot Water, Maintenance Grounds, Sewer, Security, Trash, Water
HOA fee: $736 monthly
HOA phone: 561-392-5540

Location

Region: Boca Raton

Financial & listing details

Price per square foot: $397/sqft
Tax assessed value: $310,000
Annual tax amount: $4,613
Date on market: 1/9/2025
Cumulative days on market: 236 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
4/11/2025	Sold	$435,000$397/sqft
Source: BeachesMLS #R10989402 Report a problem
4/7/2025	Pending sale	$435,000$397/sqft
Source: BeachesMLS #RX-10989402 Report a problem
1/14/2025	Price change	$435,000-3.3%$397/sqft
Source: BeachesMLS #RX-10989402 Report a problem
8/5/2024	Price change	$450,000+5.9%$411/sqft
Source: BeachesMLS #RX-10989402 Report a problem
5/24/2024	Listed for sale	$425,000+205.8%$388/sqft
Source: BeachesMLS #RX-10989402 Report a problem
10/4/2012	Sold	$139,000$127/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,101 +2.8%	$268,956 +10%
2024	$4,961 +7.6%	$244,505 +10%
2023	$4,612 +10.2%	$222,277 +10%
2022	$4,186 +17.2%	$202,070 +10%
2021	$3,573 +9.7%	$183,700 +10%
2020	$3,256 +2.7%	$167,000 +4.4%
2019	$3,170	$160,000 +8.8%
2018	$3,170 +11.5%	$147,000 -2.6%
2017	$2,843 -3.6%	$151,000
2016	$2,948 -1.7%	$151,000 +4.9%
2015	$2,999 +6.8%	$144,000 +6.7%
2014	$2,807 +7.1%	$135,000 +8%
2013	$2,621 +2547.6%	$125,000 +50.6%
2012	$99 -44.7%	$82,979 +3%
2011	$179 +16.2%	$80,562 +1.5%
2010	$154 +21.3%	$79,371 +2.7%
2009	$127 +8.5%	$77,284 +0.1%
2008	$117 +33%	$77,207 +3%
2007	$88 -6.4%	$74,958 +2.5%
2006	$94	$73,130 +3%
2005	--	$71,000 +3%
2004	--	$68,932 +1.9%
2003	$53	$67,647 +2.4%
2002	$53 -3.6%	$66,062 +1.6%
2001	$55	$65,022 +3%
2000	$55 -92.5%	$63,128 -5.1%
1999	$737	$66,500