15 Royal Palm Way, Unit 505

1,130 Sq. Ft.
$291 / Sq. Ft.
1,130
Sq. Ft.
$291
per Sq. Ft.

Description

Welcome to waterfront living in Boca Bayou, where everyday begins with sparkling sunrise views and ends with breathtaking sunsets over the Hillsboro Canal. This spacious 2 bedroom, 2 bath corner unit is located in one of the most desirable buildings in Boca Bayou that allows in-unit washer/dryers. This ''Deluxe'' unit offers additional square footage compared to a standard unit and an eat-in kitchen area. Relax on the extended screened-in covered balcony and enjoy the views of the boats passing by....Welcome to waterfront living in Boca Bayou, where everyday begins with sparkling sunrise views and ends with breathtaking sunsets over the Hillsboro Canal. This spacious 2 bedroom, 2 bath corner unit is located in one of the most desirable buildings in Boca Bayou that allows in-unit washer/dryers. This ''Deluxe'' unit offers additional square footage compared to a standard unit and an eat-in kitchen area. Relax on the extended screened-in covered balcony and enjoy the views of the boats passing by. Boca Bayou is also a great investment option, being one of the limited communities in Boca Raton that allows the owner to rent their unit immediately. Click here for more information: Boca Bayou is a premier 721-unit gated waterfront condominium community in the heart of downtown Boca Raton, set on 46 acres of beautifully landscaped grounds with waterways offering views of the Hillsboro Canal and direct access to the Intracoastal Waterway. Located less than two miles from the beach and minutes from Royal Palm Plaza and Mizner Park, residents enjoy close proximity to upscale shopping, dining, and entertainment. The community features resort-style amenities including five heated swimming pools, tennis and pickleball courts, two fitness centers, saunas, bocce and shuffleboard courts, pool houses, multiple natural gas grills, a putting green, and convenient car wash stations, all secured by a 24-hour manned gatehouse. Boaters benefit from private canals with docks available for rent when offered, creating a true luxury waterfront lifestyle in one of East Boca's most desirable addresses.

Listing Agents

  1. Pam Thomes

    Pam Thomes

    Listing Agent

    Compass

    pam.thomes@compass.com

    P: (561)-716-7526

  2. Toni Valentino

    Toni Valentino

    Alternative Listing Agent

    Compass

Property Details for 15 Royal Palm Way, Unit 505

View
Intracoastal, Canal, City
Waterfront Details
Ocean Access, Canal Front, Intracoastal, Navigable Water
Waterfront
Yes
Style
WF/Ocean Access, Condo 5+ Stories
Year Built Numeric
1977
Pets Allowed YN
No
Subdivision
BOCA BAYOU
Waterview Description
Canal, Intracoastal
LISTING UPDATED: 02/26/2026 12:07 AM

Property Details for 15 Royal Palm Way, Unit 505

StatusActive
MLS #R11145517
Days on Market87
Taxes$5,050 / year
HOA Fees$807 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1977
CountyPalm Beach County
Add your commute

Building Information for 15 Royal Palm Way, Unit 505

Building/ComplexBOCA BAYOUFloor5.0Stories6Residences-Pet PolicyNot AllowedPet Policy DetailsNoYear Built1977

Payment Calculator

$2,831 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,603

Property Taxes

$421

HOA Dues

$807

The Payment Calculator is for illustrative purposes only.

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Property Information for 15 Royal Palm Way, Unit 505

Summary
Location and General Information
  • Area: 4270
  • Bldg #: 505
  • Boat Access: Up to 40 Ft Boat
  • Boat Services: Dock Available: Yes
  • City and Location Text: Boca Raton
  • Complex Name: 15
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Front Exp: North
  • Front Exposure: North
  • Geo Lat: 26.326947
  • MLS Area: 4270
  • MLS Sub Area: PB02, Palm Bch 4180;4190;4240;4250;4260;4270;4280;4290
  • Postal Code: 33432
  • State: FL
  • Street #: 15
  • Subdivision Complex Bldg: BOCA BAYOU, BOCA BAYOU
  • Complex Name: BOCA BAYOU, BOCA BAYOU
  • Unit Number: 505
  • Water Access: Ocean Access
  • Water View: Canal, Intracoastal
  • Zoning: R-4—RESIDENTIAL
Taxes and HOA Information
  • Assoc Contact Phone: 561-392-5540
  • Assoc Website: www.mybocabayou.com
  • Association Deposit: No
  • Association Fee: $807
  • HOA Amenities: Mandatory
  • HOPA: No HOPA
  • Legal Desc: BOCA BAYOU IV COND UNIT 505 BLDG 15
  • Membership Fee Required: No
  • Parcel ID: 06434731060155050
  • Tax Information: City/County
  • Tax Year: 2025
  • Type of Association: Condominium
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Parking: Assigned, Guest
School Information
  • Elementary School: Boca Raton
  • High School: Boca Raton
  • Middle School: Boca Raton Community
  • Senior High School: Boca Raton
Property
Lot Information
  • Approx Sqft Total Area: 1130
  • Boat Dock Accommodates: Up to 40 Ft Boat
  • Property Condition: Resale
  • Sq Ft: 1130
  • Sq Ft Liv Area: 1130.0
  • Sq Ft Total: 1,130
  • Total Floors in Bldg: 6.00
  • Property Type: Residential, Condo, Condominium
Property and Assessments
  • Construction Type: Condominium, Resale, CBS, Concrete, Stucco
  • Development: BOCA BAYOU
  • Development Name: BOCA BAYOU
  • Document Count: 0
  • Legal Description: BOCA BAYOU IV COND UNIT 505 BLDG 15
  • Special Assessment: No
  • Type of Governing Bodies: Condominium
  • Type: Condominium
  • Year Built Description: 1977
Utilities
  • Cable Available: Yes
  • Electric Service: True
  • On Site Utilities: Cable Available, Sewer Available, Water Available
  • Sewer Description: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Laundry Features: Inside, Laundry Closet, Washer Hookup, Dryer Hookup
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: CBS, Concrete, Stucco
  • Exterior Features: Balcony
  • Gated Community YN: Yes
  • Guest Accommodations: No
  • Private Pool: No
  • Security Information: Gated with Guard, Security Patrol
  • Subdiv Amenities: Pool, Boating, Bocce Ball, Clubhouse, Elevator(s), Fitness Center, Laundry, Manager On Site, Picnic Area, Putting Green, Sidewalks, Storage, Street Lights, Tennis Court(s), Trash Chute
  • Window Features: Blinds, Casement, Drapes, Sliding
  • Storm Protection: Impact Glass
  • Patio And Porch Features: Patio
  • Balcony Details: Balcony - Covered, Balcony - Screened
Interior Features
  • Baths Total: 2
  • Beds Total: 2
  • Column Description: CBS, Concrete, Stucco
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central, Electric
  • Heating Description: Central, Electric
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Master Bath Features: Separate Shower
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num Stories: 6
  • PatioFeatures: Balcony, Patio
  • Room Count: 7
  • Rooms: Living Room, Kitchen, Master Bedroom, Bedroom 2, Dining Room, Great Room, Laundry
  • Stories: 6.0
  • Interior Features: Entrance Foyer, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: Main
  • Room Length: 16.0
  • Room Width: 12.0
Room 2
  • Room Type: Kitchen
  • Room Level: Main
  • Room Length: 18.0
  • Room Width: 79.0
Room 3
  • Room Type: Master Bedroom
  • Room Level: Main
  • Room Length: 14.0
  • Room Width: 12.0
Room 4
  • Room Type: Bedroom 2
  • Room Level: Main
  • Room Length: 12.0
  • Room Width: 10.0
Room 5
  • Room Type: Dining Room
  • Room Level: Main
  • Room Length: 8.0
  • Room Width: 8.0
Room 6
  • Room Type: Great Room
Room 7
  • Room Type: Laundry
Multi Family
Multi Family Information
  • Building Number: 15
  • Total Num of Units In Building: 32
  • Total Units: 32
  • Ttl Units in Complex: 721
  • Unit Desc: Corner/End Unit, Exterior Catwalk
  • Unit Design: Corner/End Unit, Exterior Catwalk
  • Unit Floor #: 5
Income & Expenses
  • Maintenance Includes: Recreation Facility, Cable TV, Common Areas, Elevator, Hot Water, Insurance, Maintenance Grounds, Security, Water
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Pool Service: No
Rental
Rental Information
  • Application Fee: $150.00
  • Approval Information: Personal Interview Required
  • DXORIGMLNO: RML
  • Fee/Deposit Required: HOA Application Fee: 150.0
  • Other Fees: $150
  • Pets Allowed: No
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Possession Information: Close Of Escrow, Negotiable
  • Rental Price/SqFt: $291.15

Property History for 15 Royal Palm Way, Unit 505

DateEvent & SourcePriceAppreciation
Jan 16, 2026

Price Change

Beaches MLS #R11145517

$329,000
Dec 5, 2025

Listed (Active)

Beaches MLS #R11145517

$368,000
Dec 1, 2025

Cancelled

RAPB #RX-11082760

Oct 17, 2025

Price Change

RAPB #RX-11082760

$370,000
Aug 28, 2025

Price Change

RAPB #RX-11082760

$399,000
Jul 23, 2025

Price Change

RAPB #RX-11082760

$409,000
Jun 21, 2025

Price Change

RAPB #RX-11082760

$429,900
May 10, 2025

Price Change

RAPB #RX-11082760

$449,900
Apr 18, 2025

Listed (Active)

RAPB #RX-11082760

$459,000
DateEvent & SourcePrice
01/16/2026

Price Change

Beaches MLS #R11145517

$329,000
12/05/2025

Listed (Active)

Beaches MLS #R11145517

$368,000
12/01/2025

Cancelled

RAPB #RX-11082760

10/17/2025

Price Change

RAPB #RX-11082760

$370,000
08/28/2025

Price Change

RAPB #RX-11082760

$399,000
07/23/2025

Price Change

RAPB #RX-11082760

$409,000
06/21/2025

Price Change

RAPB #RX-11082760

$429,900
05/10/2025

Price Change

RAPB #RX-11082760

$449,900
04/18/2025

Listed (Active)

RAPB #RX-11082760

$459,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15 Royal Palm Way, Unit 505

Taxable ValueLand-Additions$309,000Total-
Tax Record2023$4,589 ($382 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,130 SqFtAbove Grade Finished SqFt1,130 SqFtStyleCondominiumYear Built1977CountyPALM BEACHAPN06-43-47-31-06-015-5050

Schools near 15 Royal Palm Way, Unit 505

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Boca Raton Elementary School
PublicPK to 5

Boca Raton Community Middle School
Public6 to 8

Boca Raton Community High School
Public9 to 12

Somerset Academy Boca Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

15 Royal Palm Way, Unit 505 is a condo for sale in Boca Raton, FL 33432. This property was listed for sale on December 5, 2025 by Compass, it's currently listed at $329,000. This listing's school district is Palm Beach. Nearby schools include Boca Raton Elementary School, Boca Raton Community Middle School and Boca Raton Community High School. 15 Royal Palm Way, Unit 505 is a 2-bed, 2-bath, 1,130 sqft condo built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.