For sale

Price cut: $5K (3/10)

$305,000

8 Royal Palm Way #2050, Boca Raton, FL 33432

1beds

795sqft

Est.:

Condominium

Built in 1978

-- sqft lot

$284,800 Zestimate^®

$384/sqft

$612/mo HOA

What's special

Resort-style living at Boca Bayou! This upgraded 1BD/1BA (795 SF) condo features a renovated kitchen & bath, vinyl flooring throughout, and a screened-in patio with stunning canal & Intracoastal views. Enjoy 5 heated pools, boat docks (rental), 2 gyms, tennis, and 24-hour gated security. Prime East Boca location that is only minutes to the beach, Mizner Park, and Hillsboro El Rio Park. Beautifully landscaped grounds with palm-lined paths and scenic waterways throughout. A move-in-ready waterfront retreat with every amenity! Maintenance fee includes water, trash, cable, building insurance and all common area/amenities usage. Prohibited Vehicles: Pickup trucks, motorcycles, trailers, commercial vehicles, boats, RVs, and other non-passenger vehicles are not allowed to park on the property, except for loading/unloading or designated areas. Minivans are allowed if they meet specific criteria.

177 days

108

4

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main
Area: 195
Dimensions: 15 X 13

Kitchen

Level: Main
Area: 112
Dimensions: 14 X 8

Living room

Level: Main
Area: 273
Dimensions: 21 X 13

Heating

Central

Cooling

Central Air, Ceiling Fan(s), Electric

Appliances

Included: Dishwasher, Electric Range, Microwave, Refrigerator

Features

Living/Dining Room, None, Storage
Flooring: Vinyl

Interior area

Total structure area: 795
Total interior livable area: 795 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Assigned, Guest
Uncovered spaces: 1
Details: CarportSpaces:0.00

Features

Patio & porch: Covered, Screened, Balcony
Exterior features: Built-in Barbecue, Balcony, Barbecue, Outdoor Living Area, Tennis Court(s)
Pool features: Association
Has view: Yes
View description: Canal, Intercoastal
Has water view: Yes
Water view: Canal,Intercoastal
Waterfront features: Fixed Bridge, Intracoastal Access, Ocean Access

Details

Parcel number: 06434731060082050
Zoning: R4(cit
Special conditions: Listed As-Is

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block

Condition

Resale
New construction: No
Year built: 1978

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
Security: Fire Sprinkler System, Gated with Guard, Gated Community, Key Card Entry, Smoke Detector(s)
Subdivision: BOCA BAYOU CONDO

HOA

Has HOA: Yes
Amenities included: Bocce Court, Billiard Room, Boating, Clubhouse, Fitness Center, Picnic Area, Pickleball, Pool, Parking, Sauna, Storage, Tennis Court(s), Elevator(s)
Services included: Common Areas, Cable TV, Insurance, Maintenance Grounds, Sewer, Security, Trash, Water
HOA fee: $612 monthly
HOA phone: 561-392-5540

Location

Region: Boca Raton

Financial & listing details

Price per square foot: $384/sqft
Tax assessed value: $225,000
Annual tax amount: $3,468
Date on market: 1/24/2026
Cumulative days on market: 110 days
Listing terms: Cash,Conventional

Estimated market value

$284,800

$271,000 - $299,000

$2,327/mo

Price history

Date	Event	Price
3/10/2026	Price change	$305,000-1.6%$384/sqft
Source: BeachesMLS #R11131522 Report a problem
10/11/2025	Listed for sale	$310,000+116.8%$390/sqft
Source: BeachesMLS #RX-11131522 Report a problem
11/28/2017	Sold	$143,000-7.7%$180/sqft
Source: Public Record Report a problem
8/1/2017	Listed for sale	$155,000-16.2%$195/sqft
Source: Real Estate Sales Force #RX-10355287 Report a problem
7/22/2016	Listing removed	$1,350+8%$2/sqft
Source: Owner Report a problem
7/27/2015	Listing removed	$1,250$2/sqft
Source: Owner Report a problem
7/3/2015	Listed for rent	$1,250$2/sqft
Source: Owner Report a problem
6/7/2005	Sold	$185,000$233/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,468 +6.1%	$166,907 +10%
2023	$3,270 +10.2%	$151,734 +10%
2022	$2,967 +17.9%	$137,940 +10%
2021	$2,516 +9.5%	$125,400 +10%
2020	$2,299 +0.3%	$114,000 +1.8%
2019	$2,292	$112,000 -4.3%
2018	$2,292 -0.8%	$117,000 +9.3%
2017	$2,310 +7.3%	$107,000 +3.9%
2016	$2,154 +2.1%	$103,000 +54.9%
2015	$2,110 +166.5%	$66,503 +0.8%
2014	$792 +0.7%	$65,975 +1.5%
2013	$786 -1.2%	$65,000
2012	$796 -0.8%	$65,000
2011	$803 -2.1%	$65,000 -7.1%
2010	$820 -44.8%	$70,000 -36.4%
2009	$1,483 -14.2%	$110,000 -16.2%
2008	$1,729 -27.3%	$131,250 -15.3%
2007	$2,379 -19.8%	$155,000 -11.4%
2006	$2,968	$175,000 +16.7%
2005	--	$150,000 +36.4%
2004	$1,223 +2208.1%	$110,000 +46.7%
2003	$53 -96.7%	$75,000
2002	$1,602 +21.8%	$75,000 +25%
2001	$1,315 +31.9%	$60,000 +33.3%
2000	$997 +9.7%	$45,000
1999	$909	$45,000