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16 Royal Palm Way # 205, Boca Raton FL 33432

Condo/Co-op For Sale
$365,000

BTC: 5.70312500

ETH: 209.04925544

-$10K (2026/05/18)
50 days
Waterfront
2 bds
2 ba
1,095 sqft

Overview

Welcome to your East Boca Raton paradise! Located in the highly sought-after, 24-hour manned gated community of Boca Bayou. This stunning 2-bedroom, 2-bathroom condo offers the ultimate South Florida lifestyle. Step inside to gorgeous porcelain flooring, beautifully updated kitchen with granite countertops, stainless steel appliances, and a breakfast bar. The spacious living and dining area flows effortlessly onto your private screened balcony. Boaters - docks are available (check with HOA)! Boca Bayou residents enjoy resort-style amenities including 5 swimming pools, saunas, barbecue/picnic areas, and a car wash station. Located just minutes from pristine beaches, Mizner Park, upscale dining, and luxury shopping. Whether you are looking for a primary residence, a winter getaway, or a lucrative investment, this is a rare opportunity. Schedule your private showing today!

Location

Florida • Boca Raton • 33432 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
1 Space / Guest
Year Built:
1978
Lot:
No Data
Heating:
Central
Price/sqft:
$333
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$974

Valuation

Our model vs. what's actually selling nearby.
Estimate
$229,500
$149K – $365K
Confidence Low
List vs. estimate
$135K above estimate
List $365,000 · +59.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$333
+35.6% vs. city median $245
Based on
144 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $532K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,670
2025
HOA
$974/mo
View
Canal
Waterfront
Canal Width 1-80 Feet
Pets
Not allowed
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Closet Cabinetry

    • Pantry

    • Split Bedroom

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Guest

    Property

    • Exterior Features: Barbeque / Screened Balcony

    Other Property Information

    • Parcel Number: 06434731060162050

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $974

    • HOA Frequency: Monthly

    • Annual tax amount: $4,670

  • Source details

    • MLS ID: A12000433

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Waterfront: Yes

    • Living Area: 1095

    • Subdivision Name: 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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Market around this address

Live counts in the same area.
View all
This zip
33432
41
median $659K
Active
Same city
Boca Raton
270
median $439K
Active
Same type
Condo/Co-op
126
median $252K
Active
Similar price
$255K – $474K
67
median $365K
Active

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: Fathom Realty FL, LLC