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1 Royal Palm Way # 3050, Boca Raton FL 33432

Condo/Co-op For Sale
$289,000

BTC: 4.60925040

ETH: 181.22644527

-$36K (2026/06/19)
139 days
Waterfront
2 bds
1 ba
1,010 sqft

Overview

Nestled in east Boca Raton, Boca Bayou is a hidden gem condo community. This 2 bedroom/1 bath condo is offered fully furnished. It is tenant occupied for $2000/month until January 2027. The patio overlooks a canal with dockage and a beautiful water view. One assigned parking space. Building washers/dryers are on the first floor, not allowed in the unit. Maintenance fees include basic cable, water, exterior maintenance, building insurance, guard gate, common areas, etc. Boca Bayou is a guard gated community with a clubhouse, several pools, tennis, fitness center, waterways and boat dockage (if available). Just a few minutes drive to downtown Boca, Mizner Park and both Palmetto Park beach and Hillsboro beach. Per condo association, pets and trucks are not allowed.

Location

Details

Type:
Residential
Parking:
Assigned / Guest
Year Built:
1978
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$286
Cooling:
Ceiling Fan(s) / Electric
HOA:
$987

Valuation

Our model vs. what's actually selling nearby.
Estimate
$229,900
$139K – $439K
Confidence Low
List vs. estimate
$59K above estimate
List $289,000 · +25.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$286
+8.1% vs. city median $264
Based on
373 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.3M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,519
2025
HOA
$987/mo
Pool
Community
View
Canal, Canal View
Waterfront
Canal Front, Canal
Furnished
Furnished,Furniture Only
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Electric

    Appliances

    • Dishwasher

    • Electric Range

    • Refrigerator

    Other interior features

    • Split Bedroom

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Parking

    • Assigned

    • Guest

    Property

    • Pool Private: Yes

    • Exterior Features: Exterior Cat Walk

    Other Property Information

    • Parcel Number: 06434731060013050

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $987

    • HOA Frequency: Monthly

    • Annual tax amount: $4,519

  • Source details

    • MLS ID: R11164787

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Patio

    • Pool Features: Community

    • Direction Faces: West

    • Other Structures: Livable

    • Architectural Style: Garden Apartment / Split Level

    • Waterfront: Yes

    • Living Area: 1010

    • Water Source: Public

    • Subdivision Name: BOCA BAYOU CONDO,Boca Bayou Condo

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: South Florida Premier Properties Inc