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15 Royal Palm Way 505, Boca Raton, FL 33432
Sold
84 Days on Market
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$275,000

Sold · April 30, 2026

15 Royal Palm Way 505

Boca Raton, FL 33432

BOCA BAYOU

Explore the area: Boca Raton homes for sale · Palm Beach County real estate

What this home sold for

Sold price
$275,000
Vs. list price
16.4% under
Days on market
84
Price per sq ft
$243

This 2-bedroom condo in Boca Bayou sold for $275,000 on April 30, 2026. That was 16.4% below its final list price of $329,000. It first came on the market at $368,000, so the price was adjusted before it sold. It spent 84 days on the market. At $243 per square foot, it closed 10.7% below the $272 median of the 6 other condo sales in the recent closings shown below.

2
Bedrooms
2
Bathrooms
1,130
Living Sq Ft
1977
Year Built

Listing Snapshot

Sold Price
$275,000
Sold On
April 30, 2026
Days on Site
84 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,130 sqft
Total Sq Ft
1,130 sqft
Year Built
1977
Property Type
Condo
MLS #
R11145517
Property Tax
$5,050 (2025)
HOA Fees
$977 / Monthly
Subdivision
BOCA BAYOU
Development
BOCA BAYOU
County
Palm Beach
Status
Sold

About This Property

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.

Virtual Tour

General Features

Property Type
Condo
Status
Sold
Year Built
1977
Property Condition
Resale
Number of Stories
6
Levels
One
Parking
Assigned / Guest
Direction Faces
North
Lot Size (Acres)
0
Living Sq Ft
1,130
Total Sq Ft
1,130
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
R-4—RESIDENTIAL

Interior Features

Appliances
Dishwasher / Electric Range / Disposal / Microwave / Refrigerator
Cooling
Central Air / Ceiling Fans / Electric
Heating
Central / Electric
Flooring
Carpet / Ceramic Tile
Interior Features
Breakfast Bar / Breakfast Area / Entrance Foyer / Eat In Kitchen / Kitchen Dining Combo / Living Dining Room / Separate Shower / Walk In Closets
Laundry
Washer Hookup / Inside / Laundry Closet
Windows
Blinds / Casement Windows / Drapes / Sliding
Main Level Bedrooms
2
Main Level Baths
2
Total Rooms
7

Exterior Features

Construction
Block / Concrete / Stucco
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association
Patio & Porch
Covered / Patio / Screened / Balcony
Waterfront
Yes
Waterfront Features
Canal Front / Intracoastal Access / Navigable Water / Ocean Access
View
Canal / City / Intercoastal / Water

Community & HOA

HOA Fee
$977 / Monthly
HOA Includes
Common Areas / Cable Tv / Hot Water / Insurance / Maintenance Grounds / Recreation Facilities / Security / Water
Association Amenities
Bocce Court / Boating / Clubhouse / Fitness Center / Laundry / Management / Picnic Area / Pool / Putting Greens / Storage / Sidewalks / Tennis Courts / Trash / Elevators
Community Features
Boat Facilities / Gated / Property Manager On Site / Street Lights
Security
Gated With Guard / Gated Community / Security Guard
Utilities
Cable Available / Sewer Available / Water Available
Pets Allowed
No
Financing Terms
Cash / Conventional
Restrictions
Buyer Approval Required / No Commercial Vehicles / No Motorcycles / No Rv / No Truck / Rental Restriction
MLS Area
4270

Schools

Elementary School
Boca Raton
Middle School
Boca Raton Community
High School
Boca Raton

Boca Bayou is a gated, waterfront community in Boca Raton, Palm Beach County, Florida. Active listings are priced from $274,000 to $465,000. Homes were built between 1978 and 2003. Pure Equity lists homes in Boca Bayou and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
47
Under Contract
3
Median List Price
$359,000
Median $/Sq Ft
$332
Avg Days on Market
106
View all 47 homes for sale in Boca Bayou →
How do I schedule a tour of 15 Royal Palm Way 505, Boca Raton, FL 33432?
Use the Tour button on this listing to request a showing of 15 Royal Palm Way 505, Boca Raton, FL 33432. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 15 Royal Palm Way 505, Boca Raton, FL 33432 still available?
15 Royal Palm Way 505, Boca Raton, FL 33432 is currently listed as Sold, and has been on the market 84 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 15 Royal Palm Way 505, Boca Raton, FL 33432?
With 20% down ($65,800) on the $329,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 15 Royal Palm Way 505, Boca Raton, FL 33432 is about $1,729/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 15 Royal Palm Way 505, Boca Raton, FL 33432?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 15 Royal Palm Way 505, Boca Raton, FL 33432. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 15 Royal Palm Way 505, Boca Raton, FL 33432 have an HOA fee?
Yes: 15 Royal Palm Way 505, Boca Raton, FL 33432 carries an HOA fee of about $977 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 15 Royal Palm Way 505, Boca Raton, FL 33432?
15 Royal Palm Way 505, Boca Raton, FL 33432 is zoned for Boca Raton (elementary), Boca Raton Community (middle), Boca Raton (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 15 Royal Palm Way 505, Boca Raton, FL 33432?
Often, yes. The right offer on 15 Royal Palm Way 505, Boca Raton, FL 33432 depends on how it's priced against comparable condo sales in Boca Raton, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Compass Florida LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.

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Listed by Pamela J Thomes, Compass Florida LLC

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