16 days on rocket

Sale Pending

7 Royal Palm Way Unit 406, Boca Raton, FL, 33432

$239,500

Home List Price

$2,844*

Closing Credit

1 Bedroom
1 Full Bath
795 SqFt
$301/SqFt
Condo
Schools Nearby

Location

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7 Royal Palm Way Unit 406, Boca Raton$239,500

Buyer Closing Credits

$2,844*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest, Vehicle Restrictions
Year Built1977
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontCanal, Lagoon, Ocean Access
ViewCanal, Garden, Lagoon, Pool, River
MLS #RX-10987776
StatusSale Pending
(Pending)

About 7 Royal Palm Way Unit 406

Calling all investors, renovators, and visionaries! Uncover the hidden potential in this 1BD/1BA condo nestled in a perfectly placed building overlooking the Hillsboro Canal. This property checks all the boxes! Fabulous Location. Million Dollar Water Views. Priced To Sell. Assessment Paid. Doesn't get any better than this, so don't miss your opportunity to transform this condo into your stunning home or a profitable investment property. Boca Bayou offers 5 swimming pools, tennis courts & boat dockage rental (if available). Only 5 mins to the beach, Mizner Park, Royal Palm and more! Assoc fee includes building insurance, water, cable w/HBO's, 24 hour gated security & reserves.

Property Details

Property Features

Property Information:

  • Architectural Style: 4+ Floors, Contemporary
  • Year Built: 1977
  • Stories: 6
  • Living Area: 795 SqFt

Listing Office:

  • Office Name: RE/MAX Services
  • Office Phone: (561) 912-3500
  • Listing Agent: Lynn A Johnsen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Foyer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal, Lagoon, Ocean Access
  • View: Canal, Garden, Lagoon, Pool, River
  • Exterior: Auto Sprinkler, Built-in Grill, Covered Balcony, Screened Balcony, Tennis Court

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Private

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Boca Raton Community High School, Public Magnet Grades 9-12
  • Boca Raton Middle School, Public Magnet Grades 6-8
  • Boca Raton Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Boca Bayou entrance is located on Royal Palm Way at 18th Street between US 1 and Dixie Hwy. After guard gate go right follow S curve then left toward the south. Turn left just before stop sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,500
  • Price Per SqFt: $301/SqFt

HOA Fees:

  • Amount: $523
  • 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

$610.1K

Med. Price/SqFt

$335

Avg. Days On Market

65

# of Sold Homes

384

7 Royal Palm Way Unit 406 vs Boca Raton

16 DAYS ON ROCKET

-49 Days

$239,500

-$370.6K Less

$301/SqFt

-$35 Less

KEY TAKEAWAY

This property is $370.6K less than the Median Sold Price and $35/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-10987776

Listing Office:

  • Office Name: RE/MAX Services
  • Office Phone: (561) 912-3500
  • Listing Agent: Lynn A Johnsen

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: 6/1/2024, 5:20:32 AM 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

$1,786

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$785

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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.

Elementary School

school-card-donut-6121704
6
/10

  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.49 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6121705
6
/10

  • Boca Raton Middle School

  • 1251 NW 8th St

  • 2.53 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-6121706
6
/10

  • Boca Raton Community High School

  • 1501 NW 15th Ct

  • 2.90 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,670. Most Boca Raton, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living 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 are the common housing types 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.

What are the advantages of living in Boca Raton, FL?

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 essential services in Boca Raton, FL convenient?

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.

How do Boca Raton, FL residents get around?

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 7 Royal Palm Way Unit 406

What is the listing price of this property?

The listing price of 7 Royal Palm Way Unit 406 property is $239,500.

What type of property is this?

The property 7 Royal Palm Way Unit 406 is a condo located in Boca Raton, Florida, 33432.

Is this property for sale now?

Sale Pending: 7 Royal Palm Way Unit 406 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 7 Royal Palm Way Unit 406 are:
Boca Raton Elementary School: GreatSchools Rating 6/10
Boca Raton Middle School: GreatSchools Rating 6/10
Boca Raton Community High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 7 Royal Palm Way Unit 406 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 7 Royal Palm Way Unit 406 is 795 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 Royal Palm Way Unit 406 is 1977.

Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›7 Royal Palm Way Unit 406

This home is located at 7 Royal Palm Way Unit 406 in Boca Raton, FL and zip code 33432. This 795 square foot home was built in 1977. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $239,500.

Over 20 listings were sold over their listed price in April 2024 in Boca Raton, FL. In the same period over 323 listings were sold below the listed price and 41 listings were sold for the listed price. The inventory of homes for sale in Boca Raton, FL between March 2024 and April 2024 increased by 3.8%. The median list price of listings available in April 2024 was $610,164, while the average time on the real estate market was 65 days.

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

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