18 Royal Palm Way 3050, Boca Raton, FL 33432

$395,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,095 Status: Closed
Current Price: $395,000 List Date: 6/13/2024 Last Modified: 6/30/2026

Overview

Description

Excellent opportunity to own a high floor, UPDATED throughout, 2/2 waterfront condo on the Hillsboro Canal, in the most ideally located building within the Boca Bayou development in East Boca. Featuring wood tile flooring, an open concept kitchen with new cabinetry an island, Stainless Steel Appliances, and spacious bedrooms, this condo is move-in ready! Prime location minutes away from downtown, the beach, and the new Brightline Station. Boca Bayou is a 24/hr manned gated community featuring tennis, pickleball, multiple pools, a marina, and a brand new clubhouse on the way. No special assessments (paid by seller), no concrete restoration, no rental restrictions, can rent immediately! Motivated Seller!!!

Listing Details MLS# R10994855

General Property Information

Number Of Units In Community
723
Total Units In Building
43
Unit Floor #
3
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1095
Building Area Source
Public Records
Living Area Main
1095
Accessibility Features YN
Yes
Year Built
1979
Gated Community YN
Yes
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
6
Direction Faces
West
Pool Private YN
No
Furnished
Unfurnished

Property Features

Accessibility Features: Accessible Approach with Ramp; Accessible Elevator Installed Association Fee Includes: Cable TV; Common Areas; Elevator; Hot Water; Insurance; Maintenance Grounds; Recreation Facility; Security; Trash; Water Dining Area: Dining/Living Room; Snack Bar/Counter Electric: Three Phase Flooring: Wood Leasing Permitted Details: Okay To Lease Parking Features: Assigned Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer; Cooktop Boat and Dock Features: Electric Available; Marina; Water Available Construction Materials: CBS; Concrete Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split; Kitchen Island; Storage Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Membership: No Membership Available Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions; Parking - No Motorcycle; Parking - No RV Security Features: Gated with Guard; Security Patrol; Smoke Detector(s) Sewer: Public Sewer Tax Information: City/County Unit Description: Exterior Catwalk Utilities: Cable Available; Sewer Available; Water Available Water Access: Fixed Bridge; Ocean Access Water Source: Public Water View: Canal Waterfront Features: Canal Front; Intracoastal Window Features: Blinds Showing Requirements: 24 Hour Notice; Appointment Only; Occupied; Schedule Online; Security Guard; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Screened Contingencies: None Room Types: Family Room; Florida Room; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
419000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
18
Street Name
Royal Palm
Street Suffix
Way
Unit Number
3050
City Name
Boca Raton
State Or Province
FL
Postal Code
33432
Postal Zip
33432
Subdivision Name
BOCA BAYOU CONDO
Development Name
BOCA BAYOU
Area
4270
Geographic Area
PB02
Special Assessment YN
No
Parcel Number
06434731060183050
Zoning
RES
Directions
Gate entrance on SW 18th Ave between US-1 and S. Dixie Hwy. Appointment is required and gate must be notified.
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
632.67
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Website
http://mybocabayou.com/
Membership Fee Required YN
No
Tax Annual Amount
2947.55
Tax Year
2023
Tax Legal Description
BOCA BAYOU V COND UNIT 18-305

Status Change Information

Major Change Timestamp
2024-12-11T06:00:00Z
Major Change Type
Status Change
Status Change Date
2024-08-12
Under Contract Date
2024-07-12
Close Date
2024-08-12
Close Price
395000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Location
Entry Level Living Area Y

Leasing Permitted Details

Leasing Permitted YN
Yes

Short Sale Details

Short Sale Addendum
No

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

Accordian Shutters
Partial

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
360.73
Original List Price To Close Price
1.06

Originating Details

Originating System Key
20240608001704453282000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 15.00 13.00 Main
Kitchen 10.00 9.00 Main
Master Bedroom 15.00 13.00 Main
Family Room
Florida Room
Laundry
IDX
Listing Office: Lang Realty/Delray Beach
Source MLS Verified
Last Updated: June - 30 - 2026
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