16 Royal Palm Way 103, Boca Raton, FL 33432

$400,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,202 Status: Closed
Current Price: $400,000 List Date: 4/22/2025 Last Modified: 8/11/2026

Overview

Description

Waterfront living! Move-in ready first-floor condo w/private dock access. Updated 2/2 + office/den features porcelain tile, renovated kitchen w/SS appliances, 6-panel doors, Plantation Shutters & impact sliders. SE Boca gated community offers 5 heated pools, EV charging, tennis, pickleball & putting green. HOA covers water/sewer, HBO, hot water, insurance, landscaping & reserves. Minutes to Mizner Park, beaches, Starbucks, Trader Joe's, Brightline & shopping. Community completed 30-yr concrete recert & SIRS w/all assessments paid. Clubhouse renovation in progress! Doorstep parking. Just bring your boat to this waterfront gem!

Listing Details MLS# R11079897

General Property Information

Number Of Units In Community
721
Total Units In Building
17
Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1202
Building Area Source
Public Records
Living Area Main
1130
Year Built
1978
Gated Community YN
Yes
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
3
Direction Faces
West
Pool Private YN
No
Spa YN
No
Furnished
Unfurnished

Property Features

Application Information: Personal Interview Required Association Fee Includes: Cable TV; Common Areas; Hot Water; Insurance; Maintenance Grounds; Security; Trash; Water Dining Area: Dining/Living Room; Kitchen Dining; Snack Bar/Counter Electric: Three Phase Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Colonial Boat and Dock Features: Private Dock; Exclusive Use Construction Materials: Block; CBS Cooling: Central Air Association Type: Condominium Heating: Central; Electric Interior Features: Bedroom Layout - Split; Entrance Foyer; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Levels: Multi/Split Listing Terms: Cash; Conventional Pets Allowed YN: No Restrictions: Lease Restrictions; Parking - No Commercial Vehicles; Parking - No Truck; Parking Restrictions Other Leasing Restrictions: Tenant Approval Road Frontage Type: Private Road; West of US-1 Security Features: Gated with Guard; Security Patrol Sewer: Public Sewer Special Information: Sold As-Is; Disclosure Tax Information: City/County Unit Description: Exterior Catwalk; Garden Apartment Utilities: Sewer Available; Water Available Water Access: Fixed Bridge; Ocean Access Water Source: Public Water View: Canal Waterfront Features: Canal Front Window Features: Blinds; Plantation Shutters Showing Requirements: Schedule Online Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Screened Contingencies: Inspection Room Types: Bedroom 2; Den; Kitchen; Laundry; Living Room; Master Bedroom; Other

Contract Information

Comp Sale YN
No
Original List Price
424900
Negotiable Seller Concessions YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
16
Street Name
Royal Palm
Street Suffix
Way
Unit Number
103
City Name
Boca Raton
State Or Province
FL
Postal Code
33432
Postal Zip
33432
Subdivision Name
Boca Bayou
Development Name
Boca Bayou
Area
4270
Geographic Area
PB02
Elementary School
Boca Raton
Middle Or Junior School
Boca Raton Community
High School
Boca Raton
Special Assessment YN
No
Parcel Number
06434731060161030
Zoning
RES
Directions
SW 18 St/Royal Palm. Located between US 1 and Dixie Hwy. Entrance is on southside. After Guard gate go toward the right-after S curve go left, pass 2 stop signs, Bldg 16 on left.
Building Name
16

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
806.67
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Website
561-392-5540
Membership Fee Required YN
No
Tax Annual Amount
5721.83
Tax Year
2024
Tax Legal Description
Boca Bayou IV Cond Par 103

Remarks and Miscellaneous

Public Historical Remarks
Boat Services:Private Dock Y

More Information

Status Change Information

Major Change Timestamp
2025-05-20T18:44:56Z
Major Change Type
Status Change
Status Change Date
2025-05-20
Under Contract Date
2025-04-28
Close Date
2025-05-19
Close Price
400000
Buyer Financing
Cash

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Location
Entry Level Living Area Y

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes
Boat Max Length
20
Dock Details
Yes #116
Boat Dock Accommodates
Up to 20 Ft Boat

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
90

Storm Protection

Impact Glass
Partial

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Bedroom 2 Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Other Level
Main

Price Calculations

Current Price To SqFt
353.98
Original List Price To Close Price
1.06

Originating Details

Originating System Key
20250402211509112166000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 15.00 13.00 Main
Kitchen 13.00 8.00 Main
Master Bedroom 15.00 13.00 Main
Bedroom 2 13.00 11.00 Main
Other 8.00 7.00 Main
Laundry
Den
IDX
Listing Office: RE/MAX Services
Source MLS Verified
Last Updated: August - 11 - 2026
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