16 Royal Palm Way 302, Boca Raton, FL 33432

$196,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,202 Status: Closed
Current Price: $196,000 List Date: 1/13/2018 Last Modified: 7/06/2026

Overview

Description

Resort style living in this gated waterfront boating community. SE Boca's best kept secret. Concrete restoration is almost done on this building. Beautifully updated and move in ready penthouse apartment. New kitchen features white shaker cabinets, mosaic backsplash, granite countertops and SS appliances. Open and spacious, split bedroom floor plan features marble floors throughout. WASHER/DRYER in condo. No need to use the building laundry room! Relax and enjoy the screened balcony. Boca Bayou offers 5 heated swimming pools, tennis courts, clubhouse, exercise rooms, saunas, boat dockage and more. Condo fee covers, building insurance, water, hot water, cable w/HBO's, 24 hour manned gated security and FULL RESERVES! Only 5 minutes to the beach, Mizner Park, Royal Palm and so much more!

Listing Details MLS# R10396283

General Property Information

Number Of Units In Community
721
Total Units In Building
17
Unit Floor #
3
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
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
3
Direction Faces
West
Pool Private YN
No
Furnished
Unfurnished

Property Features

Application Information: Personal Interview Required Electric: Three Phase Exterior Features: Built-in Barbecue Flooring: Marble Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Refrigerator; Washer Architectural Style: Colonial Construction Materials: 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 Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions; No Corporate Buyer; Parking - No Commercial Vehicles; Parking - No RV Road Frontage Type: Private Road; West of US-1 Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: City/County Unit Description: Exterior Catwalk; Penthouse Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Source: Public Water View: Canal Waterfront Features: Canal Front; Navigable Water; Seawall Showing Requirements: Occupied; Schedule Online; Security Gate; Security Guard Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered; Balcony - Screened Contingencies: None Room Types: Bedroom 2; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
210000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
16
Street Name
Royal Palm
Street Suffix
Way
Unit Number
302
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
Yes
Parcel Number
06434731060163020
Zoning
Res
Directions
Federal Highway south of Camino Real to SW 18th St/Royal Palm Way. Turn west. Entrance on south side. After guard gate follow around to right then follow signs to building #16
Building Name
16

Financial Information

Association YN
Yes
Association Fee
559.35
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
2659.17
Tax Year
2017
Tax Legal Description
Boca Bayou IV cond Par 302

Status Change Information

Major Change Timestamp
2018-05-26T21:05:45Z
Major Change Type
Status Change
Price Change Timestamp
2018-03-23T17:20:41Z
Status Change Date
2018-05-26
Under Contract Date
2018-04-20
Close Date
2018-05-22
Close Price
196000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Leasing Restrictions

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

Room Types

Bedroom 2 Level
First
Dining Room Level
First
Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
173.45
Original List Price To Close Price
1.07

Originating Details

Originating System Key
20180112231552995323000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 15.00 13.00 First
Dining Room 12.00 8.00 First
Dining Room 8.00 8.00 First
Kitchen 10.00 9.00 First
Master Bedroom 15.00 13.00 First
Bedroom 2 13.00 11.00 First
Laundry
IDX
Listing Office: RE/MAX Services
Source MLS Verified
Last Updated: July - 06 - 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.