Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 1,010 sq ft
Active · Condominium
$249,000
3 Royal Palm Way 205, Boca Raton, FL 33432
- Beds
- 2
- Baths
- 1
- Living area
- 1,010 sq ft
- $ / sq ft
- $247/sq ft
- Year built
- 1979
- Lot size
- —
- HOA fee
- $987
- Annual tax
- —
About this property
Come fall in love with this stunning two bedroom, waterfront condo nestled in a private, gated community in East Boca Raton. Gourmet chef's kitchen with quartz counters, stainless steel appliances, and a built-in snack bar. The kitchen opens to the living area for today's modern lifestyle. Romantic master suite with sparkling water views, dual sinks and a walk-in closet. Relax and enjoy cool breezes on your screened-in patio while watching the boats go by. Docks available for rent. Fantastic location - just minutes to upscale shopping, dining, and spectacular beaches. Boca Raton schools. Brand new state of the art clubhouse is currently under construction. Live your best South Florida life in this light and bright condo offering the perfect blend of chic & tranquil.
Property location
Get Directions3 Royal Palm Way 205, Boca Raton, FL 33432
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1979
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $987
- County
- Palm Beach
- MLS listing ID
- R11153224
- 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
-$454
- Cap rate
- 3.5%
- Net yield
- 3.5%
- Cash-on-cash return
- -7.8%
- Gross yield
- 12.1%
- Mortgage payment
- $1,180/mo
- Down payment
- $62,250
- Loan amount
- $186,750
- Annual NOI
- $8,714
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.