22053 Palms Way 106, Boca Raton, FL 33433 — MLS photo

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22053 Palms Way 106, Boca Raton, FL 33433

Active · Condominium

$315,000

22053 Palms Way 106, Boca Raton, FL 33433

Beds
2
Baths
2
Living area
958 sq ft
$ / sq ft
$329/sq ft
Year built
1985
Lot size
—
HOA fee
$1,450
Annual tax
—

About this property

Welcome to your oasis in Palm Beach! This beautifully updated 2-bedroom, 2-bath condo offers the perfect blend of comfort and style. Enjoy brand-new flooring (2025) and a new AC unit (2024), ensuring modern efficiency and peace of mind. The open-concept layout seamlessly connects the spacious living room, dining area, and gourmet kitchen with high-end appliances and sleek finishes. Step out to take in breathtaking lake views, providing a serene backdrop for daily living. Located just minutes from world-class shopping, dining, and entertainment, this condo offers unmatched convenience. Whether you’re seeking a peaceful retreat or vibrant lifestyle, this Palm Beach gem has it all. Don’t miss this incredible opportunity!

Property location

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22053 Palms Way 106, Boca Raton, FL 33433

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
958 sq ft

Exterior & Structure

Property type
Condominium
Year built
1985

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,450
County
Palm Beach
MLS listing ID
A11796699
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,294

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.6%
Gross yield
9.9%
Mortgage payment
$1,493/mo
Down payment
$78,750
Loan amount
$236,250
Annual NOI
$2,393

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.