7 Royal Palm Way Unit 408, Boca Raton, FL 33432

$387,500
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,130 Status: Closed
Current Price: $387,500 List Date: 5/08/2023 Last Modified: 7/01/2026

Overview

Description

Boca Bayou is a staple, East Boca Raton community, with dramatic water views of the Hillsboro river. You don't want to miss this opportunity with arguably one of the best views and most sought after building in the community. This condo has two extra storage units for three total and assigned parking super close. Boca Bayou has community docks when available, and occasional opportunity to rent one from a neighbor. Entire community just undergone full renovation including concrete restoration on all buildings, new screens, and new pavement throughout24/7 manned guard gate with resort style amenities including two tennis courts, 5 saltwater pools, mens and women's sauna, two fitness rooms, and clubhouse.

Listing Details MLS# R10853420

General Property Information

Unit Floor #
4
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1130
Building Area Source
Public Records
Living Area Main
1130
Year Built
1976
Gated Community YN
Yes
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
6
Direction Faces
East
Pool Private YN
No
Furnished
Unfurnished

Property Features

Application Information: Personal Interview Required Association Fee Includes: Common Areas; Elevator; Hot Water; Insurance; Maintenance Grounds; Recreation Facility; Security; Trash Dining Area: Breakfast Area; Kitchen Dining Electric: Three Phase Exterior Features: Built-in Barbecue Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease Parking Features: Assigned Property Condition: Resale Appliances: Dishwasher; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator Construction Materials: Concrete Association Type: Homeowner Association Heating: Electric Interior Features: Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Restrictions: Buyer Approval Required; Parking - No Motorcycle; Parking - No Truck Other Leasing Restrictions: Tenant Approval Roof: Pre-Stressed Security Features: Gated with Guard; Security Patrol; Smoke Detector(s) Sewer: Public Sewer Storm Protection Details: None Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: Ocean Access Water Source: Public Water View: Intracoastal; River Waterfront Features: Seawall Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany Outdoor Living Spaces: Patio Patio Details: Patio - Screened Contingencies: Inspection Room Types: Bedroom 2; Convertible Bedroom; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
435000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
7
Street Name
Royal Palm Way
Unit Number
Unit 408
City Name
Boca Raton
State Or Province
FL
Postal Code
33432
Postal Zip
33432
Subdivision Name
Boca Bayou
Area
4270
Geographic Area
PB02
Special Assessment YN
No
Parcel Number
06434731060074080
Zoning
R-4
Directions
Driving South on Federal Hwy just after passing Camino Real take your next right onto Royal Palm Way, and an immediate left into Boca Bayou community. Proceed to gate on left hand side.
Building Name
7

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
610
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
4213
Tax Year
2022
Tax Legal Description
BOCA BAYOU PHASE TWO COND APT 7408

Status Change Information

Major Change Timestamp
2023-07-31T16:37:47Z
Major Change Type
Status Change
Price Change Timestamp
2023-04-12T13:48:08Z
Status Change Date
2023-07-31
Under Contract Date
2023-06-26
Close Date
2023-07-24
Close Price
387500
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Other Pet Restrictions
ESA service animals only

Leasing Restrictions

Leasing - Max Times Per Year
Yes

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
342.92
Original List Price To Close Price
1.12

Originating Details

Originating System Key
20221221163316348124000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 12.00 24.00 Main
Kitchen 8.00 12.00 Main
Master Bedroom 12.00 16.00 Main
Bedroom 2
Convertible Bedroom
IDX
Listing Office: Sutter & Nugent LLC
Source MLS Verified
Last Updated: July - 01 - 2026
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