15 Royal Palm Way, Unit 505

$348,000
Price
2
Beds
1,130 Sq. Ft.
$308 / Sq. Ft.
1,130
Sq. Ft.
$308
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:

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

Subdivision
BOCA BAYOU
Waterfront
Yes
Waterfront Details
Interior Canal, Intracoastal Front, Navigable, Ocean Access
View
Canal, City, Intracoastal
Furnished
Furniture Negotiable
Style
Condo 5+ Stories, WF/Ocean Access
Pets Allowed
No
LISTING UPDATED: 12/19/2025 06:57 AM

Property Details for 15 Royal Palm Way, Unit 505

StatusActive
MLS #RX-11145517
Days on Market18
Taxes$5,050 / year
HOA Fees$807 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo/Coop
Year Built1977
CountyPalm Beach County
Add your commute

Building Information for 15 Royal Palm Way, Unit 505

Building/ComplexBOCA BAYOUFloor5Stories6Residences-Pet PolicyNot AllowedPet Policy DetailsNoYear Built1977

Payment Calculator

$2,947 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,720

Property Taxes

$421

HOA Dues

$807

The Payment Calculator is for illustrative purposes only.

Property Information for 15 Royal Palm Way, Unit 505

Summary
Location and General Information
  • Boat Services: Up to 20 Ft Boat, Up to 30 Ft Boat, Up to 40 Ft Boat
  • Property Condition: Resale
  • Development Name: BOCA BAYOU
  • Directions: Between US 1 and Dixie Hwy on Royal Palm/SW 18th. Entrance on south side of Royal Palm
  • Elementary School: Boca Raton Elementary School
  • Middle School: Boca Raton Community Middle School
  • High School: Boca Raton Community High School
  • Geo Area: Palm Bch 4180;4190;4240;4250;4260;4270;4280;4290
  • Street Number: 15
  • Subdivision Complex Bldg: BOCA BAYOU
  • Municipal Code: Boca Raton
  • Boat Access: Up to 20 Ft Boat, Up to 30 Ft Boat, Up to 40 Ft Boat
  • State: FL
  • City Postal ID: 33432
  • MLS Area: 4270
  • MLS Sub Area: PB02
Parking
  • Garage Spaces: 0
  • Parking: Assigned Parking, Guest Parking
  • Covered Spaces: 0
Taxes and HOA Information
  • Governing Bodies: Condo
  • HOPA: No Hopa
  • Association Deposit: No
  • Tax Year: 2025
  • Application Fee: $150.00
  • Maintenance Fee Incl: Cable, Common Areas, Elevator, Hot Water, Insurance-Bldg, Laundry Facilities, Lawn Care, Maintenance-Exterior, Management Fees, Manager, Pool Service, Recrtnal Facility, Reserve Funds, Security, Water
  • Capital Contribution: No
  • HOA Dues: $807
  • Type of Governing Bodies: Condo
Property
Lot Information
  • Area: 4270
  • Bldg #: 15
  • Front Exp: North
  • HOA Amenities: Mandatory
  • Parcel ID: 06434731060155050
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 1,130
  • Square Ft Source: Tax Rolls
  • Ttl Units in Complex: 721
  • Zoning: R-4--RESIDENTIAL
  • Total Floors in Building: 6.0
  • Front Exposure: North
Property and Assessments
  • Legal Desc: BOCA BAYOU IV COND UNIT 505 BLDG 15
  • Unit Floor #: 5
  • Unit Desc: Corner, Exterior Catwalk
  • Sq Ft Liv Area: 1130.0
  • Legal Description: BOCA BAYOU IV COND UNIT 505 BLDG 15
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction, Concrete Block Construction, Concrete Block With Brick, Frame With Stucco, Stucco Exterior Construction
  • Equip/Appl Included: Dishwasher, Disposal, Microwave, Range - Electric, Refrigerator, Washer/Dryer Hookup
  • Exterior Features: Covered Balcony, Screened Balcony
  • Private Pool: No
  • Security: Gate - Manned, Security Patrol
  • Storm Protection: Impact Glass: Partial
  • Subdiv Amenities: Boating, Bocce Ball, Clubhouse, Common Laundry, Elevator, Extra Storage, Fitness Center, Manager on Site, Picnic Area, Pool, Putting Green, Sidewalks, Street Lights, Tennis, Trash Chute
  • Laundry Appliances: Washer / Dryer Hookup
  • Gated Community YN: Yes
Interior Features
  • W/D Allowed: Yes
  • Cooling: Ceiling Fan, Central, Electric
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central, Electric
  • Interior Features: Foyer, Walk-in Closet
  • Window Treatments: Blinds, Casement, Drapes, Impact Glass, Sliding
  • Dining Area: Breakfast Area, Dining-Living, Dining/Kitchen, Eat-In Kitchen, Snack Bar
  • Main Level Bedrooms: 2
  • Main Level Bathrooms: 2
  • Guest Accommodations: No
  • Master Bath Features: Separate Shower
  • Master Bathroom Description: Separate Shower
  • Baths Total: 2
Master Bedroom
  • Primary Bedroom/Bath: Separate Shower
Porch
  • PatioFeatures: Balcony
Multi Family
Multi-Family Information
  • Stories: 6.0
Rental
Rental Information
  • Pets on Premises: No
  • Other Fees: $150
  • Pets Allowed: No

Property History for 15 Royal Palm Way, Unit 505

DateEvent & SourcePriceAppreciation
Dec 19, 2025

Price Change

RAPB #RX-11145517

$348,000
Dec 5, 2025

Listed (Active)

RAPB #RX-11145517

$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
12/19/2025

Price Change

RAPB #RX-11145517

$348,000
12/05/2025

Listed (Active)

RAPB #RX-11145517

$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 $348,000. 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.