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4 Royal Palm Way 4020, Boca Raton, FL 33432
Active
65 Days on Market
1 / 27
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How this price compares

List price
$485,000
Price per sq ft
$480
Vs. nearby sales
82.5% above
Days on market
65

This 2-bedroom condo in Boca Bayou Condo is listed at $485,000, or $480 per square foot. The asking price has come down 3% from its original $499,900. It has been on the market for 65 days. The 6 most recent condo sales in the closings shown below sold at a median of $263 per square foot, so the asking price is 82.5% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,010
Living Sq Ft
1977
Year Built

Estimated monthly payment

$2,549 /mo

Principal and interest only, based on $97,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $880/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price
$485,000
Days on Site
65 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,010 sqft
Total Sq Ft
1,010 sqft
Year Built
1977
Property Type
Condo
MLS #
B26059437
Property Tax
$4,330 (2025)
HOA Fees
$880 / Monthly
Subdivision
BOCA BAYOU CONDO
Development
BOCA BAYOU
County
Palm Beach
Status
Active
Special Conditions
Standard

About This Property

Stunning, fully renovated 2-bedroom, 2-bath waterfront condo featuring a desirable split floor plan and designer finishes throughout. Completed in 2024, this move-in ready residence offers an open-concept kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and a large center island perfect for entertaining. Enjoy beautiful water views from your private balcony, spa-inspired bathrooms with porcelain tile showers, impact windows and doors, custom closets, a Miele washer and dryer, new A/C, updated plumbing, lighting, and flooring. Interior storage plus additional hallway storage included. Boat docks available for boaters. Located in a desirable guard-gated waterfront community featuring five pools, tennis, pickleball, and a brand-new clubhouse coming soon. Just minutes from downtown, fine dining, shopping, and the beach. Leasing allowed. Boca Bayou Docks are available to rent up to 23ft. Can inquire with dock master for more information.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
1977
Property Condition
New Construction
New Construction
Yes
Number of Stories
5
Levels
One
Direction Faces
West
Lot Size (Acres)
0
Living Sq Ft
1,010
Total Sq Ft
1,010
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
R4(cit

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Range / Refrigerator / Washer
Cooling
Central Air / Ceiling Fans
Heating
Central
Flooring
Ceramic Tile
Interior Features
Built In Features / Closet Cabinetry / Entrance Foyer / Elevator / Kitchen Island / Custom Mirrors / Separate Shower / Stacked Bedrooms / Walk In Closets
Laundry
Inside / Laundry Closet / Washer Dryer Install Allowed
Main Level Bedrooms
2
Main Level Baths
2
Total Rooms
4
Furnished
Negotiable

Exterior Features

Construction
CBS Concrete Block Structure / Block / Other / Stucco
Roof
Flat
Pool Features
Association
Waterfront
Yes
Waterfront Features
Fixed Bridge
View
Canal / Marina / Pool / Water

Community & HOA

HOA Fee
$880 / Monthly
HOA Name
Boca Bayou Condo Association Inc
HOA Includes
Common Areas / Maintenance Grounds / Pools / Recreation Facilities / Security
Association Amenities
Boating / Clubhouse / Fitness Center / Pool / Parking / Tennis Courts / Trails / Elevators
Community Features
Boat Facilities / Gated
Security
Gated Community / Smoke Detectors
Utilities
Sewer Available / Water Available
Pets Allowed
Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
No Commercial Vehicles / Ok To Lease
MLS Area
4270

This home's HOA fee works out to $880 a month, in line with the $914 median across 50 homes for sale in Boca Bayou Condo. See Boca Bayou Condo HOA fees

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
50
Under Contract
2
Median List Price
$362,000
Median $/Sq Ft
$330
Avg Days on Market
103
View all 50 homes for sale in Boca Bayou →
How do I schedule a tour of 4 Royal Palm Way 4020, Boca Raton, FL 33432?
Use the Tour button on this listing to request a showing of 4 Royal Palm Way 4020, 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 4 Royal Palm Way 4020, Boca Raton, FL 33432 still available?
4 Royal Palm Way 4020, Boca Raton, FL 33432 is currently listed as Active, and has been on the market 65 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 4 Royal Palm Way 4020, Boca Raton, FL 33432?
With 20% down ($97,000) on the $485,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4 Royal Palm Way 4020, Boca Raton, FL 33432 is about $2,549/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 4 Royal Palm Way 4020, Boca Raton, FL 33432?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 4 Royal Palm Way 4020, 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 4 Royal Palm Way 4020, Boca Raton, FL 33432 have an HOA fee?
Yes: 4 Royal Palm Way 4020, Boca Raton, FL 33432 carries an HOA fee of about $880 monthly (Boca Bayou Condo Association Inc). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 4 Royal Palm Way 4020, Boca Raton, FL 33432?
4 Royal Palm Way 4020, 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 4 Royal Palm Way 4020, Boca Raton, FL 33432?
Often, yes. The right offer on 4 Royal Palm Way 4020, 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 Atlantic One Realty Group 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 August 7, 2026.

$485,000

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Listed by Melissa J Korman, Atlantic One Realty Group LLC

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