13 Royal Palm Way 5050, Boca Raton, FL 33432

$358,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,095 Status: Closed
Current Price: $358,000 List Date: 10/29/2024 Last Modified: 8/19/2026

Overview

Description

Investors Welcome ~ Immediate Rental Income Opportunity! Stunning Waterfront 2-Bedroom Ensuite. Discover this hidden gem in East Boca Raton—an exquisitely renovated 2-bedroom ensuite offering breathtaking canal views and ocean access. Perfectly situated just minutes from Mizner Park, Downtown Boca, Town Center Mall, The Boca Raton, and the beaches of Boca Raton & Deerfield Beach. This magnificent home features: A beautifully updated kitchen with custom cabinetry and premium appliances, Renovated spa-like bathrooms with modern finishes, New AC for year-round comfort. Don’t miss this rare waterfront opportunity—call today to schedule a tour! Assessments to be paid by Seller at closing.

Listing Details MLS# F10468921

General Property Information

Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1095
Year Built
1976
Parking Total
336
Gated Community YN
Yes
Senior Community YN
No
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
6

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Security Association Fee Includes: Maintenance Grounds; Pool Service; Sewer; Trash; Water Flooring: Other Parking Features: Assigned Property Condition: Resale Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator Architectural Style: Other Construction Materials: CBS Cooling: Electric Heating: Electric Interior Features: Built-in Features Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Other Restrictions; Parking - No RV; Parking - No Truck Security Features: Security Guard; Security Patrol; Smoke Detector(s) Storm Protection Details: Curr Owner Wind Mitig Cert Avail Tax Information: Homestead Exemption Water View: Canal Waterfront Features: Canal Front Showing Requirements: Call Listing Agent; Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Porch Details: Porch - Screened Contingencies: Financing

Contract Information

Comp Sale YN
No
Original List Price
450000
Occupant Type
Owner

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
13
Street Name
Royal Palm
Street Suffix
Way
Unit Number
5050
City Name
Boca Raton
State Or Province
FL
Postal Code
33432
Postal Code +4
8762
Postal Zip
33432
Subdivision Name
Boca Bayou
Area
4270
Geographic Area
PB04
Parcel Number
06434731060135050
Subdivision Number
6

Financial Information

Association YN
Yes
Association Fee
759
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
2083
Tax Year
2023
Tax Legal Description
BOCA BAYOU PHASE III COND UNIT 505 BLDG 13

Status Change Information

Major Change Timestamp
2025-10-27T17:56:46Z
Major Change Type
Status Change
Price Change Timestamp
2025-09-08T19:13:34Z
Status Change Date
2025-10-27
Under Contract Date
2025-09-12
Close Date
2025-10-27
Close Price
358000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Parking Information

Parking Space Number
336

Boat and Dock Information

Dock
Yes
Dock Details
Community Boat Dock

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Storm Protection

Accordian Shutters
Complete

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
326.94
Original List Price To Close Price
0.79

Originating Details

Originating System Key
589403673
Originating System ID
M00000170
IDX
Listing Office: Douglas Elliman
Source MLS Verified
Last Updated: August - 19 - 2026
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