4 months on rocket

16 Royal Palm Way Unit 1020, Boca Raton, FL, 33432

$469,900

Home List Price

$5,580*

Closing Credit

2 Bedrooms
2 Full Baths
1,130 SqFt
$416/SqFt
Condo

Location

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16 Royal Palm Way Unit 1020, Boca Raton$469,900

Buyer Closing Credits

$5,580*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1978
HeatingCentral
CoolingCentral Air
WaterfrontCanal, Intracoastal, Ocean Access
MLS #RX-10997519
StatusActive

About 16 Royal Palm Way Unit 1020

RENTED thru May, 2025. Experience the ultimate waterfront lifestyle with a PRIVATE DEEDED DOCK, in Boca Bayou a gated boating community with a brand-new clubhouse coming soon featuring fitness center, game room, ballroom, EV charging station and more! This rarely available, fully updated 1st floor unit boasts 2 master bedrooms with large walk-in closets, granite countertops, and floor-to-ceiling windows. Enjoy the privacy of your screened-in patio and utilize the flex space for a home office or guest quarters. Additional features include newer appliances, full size washer/dryer, in unit, wine cooler and dedicated storage unit. The deeded dock, refurbished from pilings to decking, accommodates a 26ft boat and is just minutes from Boca Inlet. Special assessment fully paid by seller!

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 3
  • Living Area: 1,130 SqFt

Listing Office:

  • Office Name: RE/MAX Prestige Realty/Wellington
  • Office Phone: (561) 798-8080
  • Listing Agent: Jennifer Akladious

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Tile
  • Interior: Entry Lvl Lvng Area, Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal, Intracoastal, Ocean Access

Virtual/3D Tour

  • Virtual Tour: 16 Royal Palm Way Unit 1020
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,900
  • Price Per SqFt: $416/SqFt

HOA Fees:

  • Amount: $632
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Boca Raton, FL.

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Boca Raton, FL

City

Med. Sold Price

$631.9K

Med. Price/SqFt

$341

Avg. Days On Market

74

# of Sold Homes

232

16 Royal Palm Way Unit 1020 vs Boca Raton

148 DAYS ON ROCKET

+74 Days

$469,900

-$162K Less

$416/SqFt

+$75 More

KEY TAKEAWAY

This property is $162K less than the Median Sold Price and $75/SqFt more than other homes in Boca Raton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10997519

Listing Office:

  • Office Name: RE/MAX Prestige Realty/Wellington
  • Office Phone: (561) 798-8080
  • Listing Agent: Jennifer Akladious

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,045

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,475

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-260499
5
/10

  • Deerfield Beach Elementary School

  • 650 NE 1st St

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-260500
9
/10

  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 1.38 miles

  • Public Charter Grades KG-5

school-card-donut-260501
4
/10

  • Deerfield Park Elementary School

  • 650 SW 3rd Ave

  • 1.39 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,670. The majority of Boca Raton, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Boca Raton, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Boca Raton, FL?

Boca Raton's housing market is diverse, with a mix of luxurious waterfront estates, golf course communities, and condominiums. Single-family homes are prevalent, reflecting Mediterranean and contemporary styles, while the condominiums offer a more urban living experience. The area has a high homeownership rate, with many properties featuring upscale amenities and tropical landscaping.

Is Boca Raton, FL a good place to live?

Boca Raton is celebrated for its affluent community and high quality of life. The city prides itself on its pristine beaches, well-kept parks, and exclusive golf courses. Cultural events and art festivals are integral to the community, reflecting the residents' appreciation for the finer things in life.

Are things conveniently located in Boca Raton, FL?

The city is served by a number of public and private schools, offering a range of educational opportunities. Healthcare is readily accessible, with several hospitals and clinics providing a spectrum of services from emergency care to specialized treatments. Retail and dining options abound, with a focus on high-end shopping and gourmet cuisine that cater to the sophisticated local palate.

What does the transportation in Boca Raton, FL look like?

Boca Raton features a well-developed transport network, with a variety of options including local bus services, a downtown shuttle, and access to the Tri-Rail commuter train connecting to the wider South Florida area. The city is also served by major highways like Interstate 95, facilitating travel to nearby cities and airports. While the city is car-dependent, certain areas, particularly around downtown, are more walkable, and there is a growing emphasis on improving bikeability.

Frequently Asked Questions About 16 Royal Palm Way Unit 1020

What is the listing price of this property?

The listing price of 16 Royal Palm Way Unit 1020 property is $469,900.

What type of property is this?

The property 16 Royal Palm Way Unit 1020 is a condo located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 16 Royal Palm Way Unit 1020 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 16 Royal Palm Way Unit 1020 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16 Royal Palm Way Unit 1020 is 1,130 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Royal Palm Way Unit 1020 is 1978.

Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›16 Royal Palm Way Unit 1020

This home is located at 16 Royal Palm Way Unit 1020 in Boca Raton, FL and zip code 33432. This 1,130 square foot home was built in 1978. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $469,900.

Over 11 listings were sold over their listed price in October 2024 in Boca Raton, FL. In the same period over 193 listings were sold below the listed price and 28 listings were sold for the listed price. Between September 2024 and October 2024, Boca Raton, FL real estate market has seen increase in the number of listings by 3.9%. While the average time on the market in October 2024 was 74 days, the median list price was $631,981.

From Rocket Homes Real Estate and based on county public records data.

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