Cays Realty
6 Royal Palm Way 102, Boca Raton, FL 33432 — MLS photo

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6 Royal Palm Way 102, Boca Raton, FL 33432

Active · Condominium

$465,000

6 Royal Palm Way 102, Boca Raton, FL 33432

Beds
2
Baths
2
Living area
1,130 sq ft
$ / sq ft
$412/sq ft
Year built
1978
Lot size
—
HOA fee
$959 Monthly
Annual tax
$4,949

About this property

Beautifully updated 1st-floor condo featuring direct access to a private boat dock that accommodates up to a 26' boat, right off the screened-in porch. The modern chef's kitchen boasts granite countertops and stainless steel appliances, perfect for entertaining or everyday living. Enjoy peace of mind with impact-resistant doors and windows. Boca Bayou is a premier gated community offering resort-style amenities, including a new clubhouse, 5 heated pools, a fully equipped gym, tennis, pickleball, bocce, shuffleboard courts, grilling stations, and a car wash station, including a 24-hour manned security gate. Minutes from beaches, dining, shopping, Mizner Park, and Deerfield Beach. Recent upgrades include concrete restoration and a new roof completed in 2023. Also available for rent!

Property location

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6 Royal Palm Way 102, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,130 sq ft
Flooring
Carpet, Tile
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Living Dining Room, Main Living Area Entry Level, Tub Shower
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1978
Stories
3
Lot size
0 sq ft
Architectural style
One Story
Roof
Concrete
Construction
Block, Stucco
Exterior features
None, Patio
Pool
None, Association, Community
Waterfront
Canal Access, Canal Front, Fixed Bridge, Intersecting Canal, Navigable Water, Ocean Access, Seawall
View
Canal, Water

Parking

Covered spaces
0
Parking features
Assigned, Guest, One Space

HOA, Community & Financials

Association fee
$959 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Pools, Recreation Facilities, Sewer, Security, Trash, Water
Amenities
Boat Dock, Bike Storage, Clubhouse, Controlled Access, Fitness Center, Pool, Guard, Shuffleboard Court, Sauna, Security, Tennis Courts, Vehicle Wash Area
Security
Gated With Guard, Key Card Entry, Security Gate, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$4,949
Subdivision
BOCA BAYOU CONDO
County
Palm Beach
Days on market
178
MLS listing ID
B26011106
Listing status
Active

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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

-$865

Cap rate
3.5%
Net yield
3.5%
Cash-on-cash return
-8.0%
Gross yield
8.5%
Mortgage payment
$2,204/mo
Down payment
$116,250
Loan amount
$348,750
Annual NOI
$16,068

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