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16 Royal Palm Way Unit 201, Boca Raton, FL, 33432

$360,000

Home List Price

$4,275*

Closing Credit

2 Bedrooms
2 Full Baths
1,130 SqFt
$319/SqFt
Condo

Location

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16 Royal Palm Way Unit 201, Boca Raton$360,000

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Vehicle Restrictions
Year Built1978
HeatingCentral, Electric
CoolingCeiling Fan(s), Electric
WaterfrontCanal
ViewCanal, Other
MLS #RX-11025200
StatusActive

About 16 Royal Palm Way Unit 201

Discover SE Boca's hidden gem, Boca Bayou! This condo is priced to sell and offers a fantastic opportunity for savvy buyers. Featuring a split bedroom layout and a relaxing screened balcony with partial canal views, the unit also includes a convenient interior utility closet with a stackable washer and dryer. Perfect for investors, you can rent it out immediately! Just steps from one of five community pools, with an assigned parking space close by, this condo is ready for you. Enjoy the security of a 24-hour manned gate, access to lighted tennis courts, a clubhouse, and boat dockage. Maintenance fees cover water/sewer, cable (with HBO), building insurance, and lawn care. Walking and biking distance to the beach, parks, shopping, and dining, all in downtown Boca Raton!

Property Details

Property Features

Property Information:

  • Architectural Style: 4+ Floors
  • Year Built: 1978
  • Stories: 6
  • Living Area: 1,130 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty /Delray Beach
  • Office Phone: (561) 278-0300
  • Listing Agent: Anna Elisabeth Schwyter

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Other
  • Interior: Elevator, Split Bedroom, Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal
  • View: Canal, Other
  • Exterior: Covered Balcony, Screened Balcony, Tennis Court

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Vehicle Restrictions

Virtual/3D Tour

  • Virtual Tour: 16 Royal Palm Way Unit 201
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: SW 18 Street / Royal Palm. Located between US 1 and Dixie Hwy. building 16 is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $360,000
  • Price Per SqFt: $319/SqFt

HOA Fees:

  • Amount: $715
  • 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 201 vs Boca Raton

44 DAYS ON ROCKET

-30 Days

$360,000

-$271.9K Less

$319/SqFt

-$22 Less

KEY TAKEAWAY

This property is $271.9K less than the Median Sold Price and $22/SqFt less than other homes in Boca Raton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11025200

Listing Office:

  • Office Name: Coldwell Banker Realty /Delray Beach
  • Office Phone: (561) 278-0300
  • Listing Agent: Anna Elisabeth Schwyter

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, 10:20:49 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

$2,579

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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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-289029
5
/10

  • Deerfield Beach Elementary School

  • 650 NE 1st St

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-289030
9
/10

  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 1.34 miles

  • Public Charter Grades KG-5

school-card-donut-289031
4
/10

  • Deerfield Park Elementary School

  • 650 SW 3rd Ave

  • 1.46 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. Residents of Boca Raton, FL typically earn between $35k-100k each year. 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 201

What is the listing price of this property?

The listing price of 16 Royal Palm Way Unit 201 property is $360,000.

What type of property is this?

The property 16 Royal Palm Way Unit 201 is a condo located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 16 Royal Palm Way Unit 201 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 201 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16 Royal Palm Way Unit 201 is 1,130 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Royal Palm Way Unit 201 is 1978.

Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›16 Royal Palm Way Unit 201

This home is located at 16 Royal Palm Way Unit 201 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 October 01, 2024 and is currently priced at $360,000.

In October 2024 more than 11 listings in Boca Raton, FL were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 193 were sold below. 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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