1501 Palm Beach Trace Drive, Royal Palm Beach, FL 33411

$205,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,201 Status: Closed
Current Price: $205,000 List Date: 4/07/2026 Last Modified: 6/30/2026

Overview

Description

Spacious 2-bedroom, 2-bath first-floor corner unit located in the desirable Palm Beach Trace community of Royal Palm Beach. This condo offers a functional layout and a private back area for added tranquility. Features include newer flooring and a 2025 roof. Low HOA fees add to the appeal. Conveniently located near shopping, golf courses, Royal Palm Beach Commons Park, and the popular Royal Palm Beach Green Market. Being sold as-is ; perfect opportunity for investors or buyers looking to make it their own. A true gem in the western communities!

Listing Details MLS# B26012295

General Property Information

Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1201
Building Area Source
Public Records
Living Area Main
1201
Living Area Source
Public Records
Adjusted Area Main
1201
Accessibility Features YN
No
Year Built
1991
Parking Total
Yes
Gated Community YN
No
Senior Community YN
No
Stories Total
2
Stories
Yes
Direction Faces
North
Fireplace YN
No
Pool Private YN
No
Washer/Dryer Allowed YN
Yes
Year Roof Installed
2025
LP/Assessed Value
4.01

Property Features

Application Information: Association Approval Required Association Fee Includes: Common Areas; Common Real Estate Tax; Legal/Accounting; Maintenance Grounds; Maintenance Structure; Pool Service Flooring: Ceramic Tile; Laminate Foundation Details: Block Parking Features: Asphalt; Assigned; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Electric Range; Oven; Refrigerator Construction Materials: Stucco Cooling: Electric Association Type: Condominium Heating: Electric Interior Features: Walk-In Closet(s) Laundry Features: In Unit; Laundry Room Levels: One Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Size Limit Possession: Before Closing; Close Of Escrow Restrictions: Buyer Approval Required Roof: Shingle Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Multi Family Tax Information: Homestead Exemption Utilities: Cable Available; Electricity Available; Sewer Connected; Water Connected Water Source: Public Window Features: Shutters Showing Requirements: Appointment Only; Combination Lock Box Contingencies: None Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
240000
Negotiable Seller Concessions YN
No
Occupant Type
Vacant
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
1501
Street Name
Palm Beach Trace
Street Suffix
Drive
Municipality Type
Incorporated
Municipal Code
72
State Or Province
FL
Postal Code
33411
Postal Code +4
1270
Subdivision Name
PALM BEACH TRACE CONDO
Area
5530
Geographic Area
PB24
Elementary School
H. L. Johnson
Middle Or Junior School
Crestwood
High School
Royal Palm Beach
Special Assessment YN
No
Parcel Number
72414323110151501
Subdivision Number
11
Zoning
RM-18 (city)
Flood Zone
AE,X

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
338.56
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Name
Palm Beeach Trace
Association Email
https://www.grsmgt.com
Association Website
https://www.grsmgt.com/association/palm-beach-trace/rules-and-regulations/
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
339
Membership Fee Required YN
No
Tax Annual Amount
516.64
Tax Year
2025
Tax Assessed/SOH Value
56160
Tax Legal Description
PALM BEACH TRACE COND UNIT 1501 BLDG 15
Assessor Market Value
200000

Status Change Information

Major Change Timestamp
2026-06-30T19:10:07Z
Major Change Type
Status Change
Price Change Timestamp
2026-05-28T19:27:42Z
Status Change Date
2026-06-30
Under Contract Date
2026-06-01
Close Date
2026-06-30
Close Price
205000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes
Entry Location
Yes

Parking Information

Parking Space Number
1501

Co-Ownership

Property Management YN
Yes
Property Management Name
GRS
Property Management Phone
561-641-8554
Property Management Email
https://www.grsmgt.com/association/palm-beach-trac

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Pet Details

Pet Fee YN
No
Total Weight Limit (Pets)
25

Price Calculations

Current Price To SqFt
199.83

Originating Details

Originating System Key
20260407175450432640000000
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom
IDX
Listing Office: Front Porch Real Estate, Inc.
Source MLS Verified
Last Updated: June - 30 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.