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20 Royal Palm Way # 602, Boca Raton FL 33432

Condo/Co-op For Sale
$285,000

BTC: 3.66253293

ETH: 118.75000000

New
Waterfront
2 bds
2 ba
1,095 sqft

Overview

Under $300K in Boca Bayou — and this is no ordinary entry point. Sought-after Penthouse Deluxe model with private in-unit laundry, waterway views and a daily boat parade from your screened balcony and master suite. Light, bright and airy with a desirable split floor plan — the spacious master suite features a generous bath and dual closets. Five heated pools, boat dockage, tennis, fitness center, clubhouse and 24-hr guard-gated security. Water, hot water and Comcast cable with HBO included. Milestone Inspection and SIRS complete — no pending assessments. An incredible opportunity to update and build instant equity. Minutes to beaches, dining and shopping. All-age community. At this price, it will not last.

Location

Details

Type:
Residential
Parking:
Assigned / Guest
Year Built:
1980
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$260
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
$956

Valuation

Our model vs. what's actually selling nearby.
Estimate
$255,900
$150K – $449K
Confidence Low
List vs. estimate
$29K above estimate
List $285,000 · +11.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$260
-2.3% vs. city median $266
Based on
521 MLS comparables
+ 17 public-records sales within 0.5 mi
Median actual sale: $358K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,901
2025
HOA
$956/mo
Pool
Community
View
Canal, Garden
Waterfront
Canal Front, Canal Width 1-80 Feet
Parking
2 spaces
Furnished
Partially
Pets
Not allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Floor

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Entrance Foyer

    • Split Bedroom

    • Walk-In Closet(s)

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Guest

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Exterior Cat Walk / West Of Us1 / Balcony / Built-In Grill / Screened Balcony / Tennis Court(s)

    Other Property Information

    • Parcel Number: 06434731060206020

    • Zoning: Res

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $956

    • HOA Frequency: Monthly

    • Annual tax amount: $4,901

  • Source details

    • MLS ID: B26067158

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Lot Features: West Of US 1

    • Pool Features: Community

    • Window Features: Blinds / Verticals

    • Direction Faces: North

    • Other Structures: Livable

    • Architectural Style: Penthouse / One Story / Modern/Contemporary

    • Waterfront: Yes

    • Living Area: 1095

    • Water Source: Public

    • Subdivision Name: Boca Bayou

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: RE/MAX Services