21 Royal Palm Way 2020, Boca Raton, FL 33432 — MLS photo

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21 Royal Palm Way 2020, Boca Raton, FL 33432

Active · Condominium

$365,000

21 Royal Palm Way 2020, Boca Raton, FL 33432

Beds
2
Baths
2
Living area
1,130 sq ft
$ / sq ft
$323/sq ft
Year built
1980
Lot size
—
HOA fee
$967 Monthly
Annual tax
$4,670

About this property

Enjoy Waterfront living in this highly desirable Boca Bayou community with water view! This luxurious update 2 bedroom, 2-bath condo features a gourmet kitchen, GE Profile stainless steel appliances, granite, tile throughout, European-style doors, custom window shutters, automated Hunter Douglas shades, an open layout, and a screened-in balcony overlooking the pool & water, washer and dryer in unit. Enjoy coastal living just minutes from the pristine beach areas, World-class shopping and restaurants at Royal Palm Plaza, and Mizner Park. Awesome parks and minutes to the Brightline train with a variety of farmers' markets. A golfer's choice of golf courses rotations to play. Boca Bayou is a gated waterfront community with 24-hour manned security, boaters paradise with direct Intracoastal access, and resort-style amenities including 5 heated salt water pools, 2 fitness centers, tennis and shuffleboard courts, Newly renovated Clubhouse coming soon. (Community docks for rent when available.) Emotional support animals with letter OK. Buyer and agent to verify all information. Buyer to verify all measurements. New roof July 2026

Property location

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21 Royal Palm Way 2020, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,130 sq ft
Flooring
Slate, Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Living Dining Room, Main Living Area Entry Level, Shower Only, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1980
Stories
6
Lot size
0 sq ft
Architectural style
One Story
Roof
Tar Gravel
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Barbecue, Outdoor Shower, Tennis Courts
Pool
None, Association, Community
Waterfront
Fixed Bridge, Navigable Water, Ocean Access, River Front
View
Canal, Pool, River, Water

Parking

Covered spaces
0
Parking features
Assigned, Driveway, Detached, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$967 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Hot Water, Insurance, Laundry, Pest Control, Sewer, Security, Trash, Water
Amenities
Bike Storage, Clubhouse, Controlled Access, Fitness Center, Laundry, Management, Pool, Guard, Shuffleboard Court, Sauna, Security, Storage, Tennis Courts, Trash, Elevators
Security
Gated With Guard, Fire Sprinkler System, Security Gate, Security Guard
Pets allowed
No
Annual tax
$4,670
Subdivision
BOCA BAYOU CONDO
County
Palm Beach
Days on market
153
MLS listing ID
B26031419
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

-$565

Cap rate
3.8%
Net yield
3.8%
Cash-on-cash return
-6.6%
Gross yield
10.0%
Mortgage payment
$1,730/mo
Down payment
$91,250
Loan amount
$273,750
Annual NOI
$13,981

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