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$329,000
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Property Description
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.
Full Property Details
Full Property Details for 15 Royal Palm Way #505
General
- Price: $329,000
- HOA FEE: $807/month
- Taxes: $5,050 (2025)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: R11145517
- Updated: 1/22/2026
- Added to Site: 52 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Breakfast Bar, Breakfast Area, Entrance Foyer, Eat-in Kitchen, Kitchen/Dining Combo, Living/Dining Room, Separate Shower, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Inside, Laundry Closet
Additional Information
- Shared Amenities: Bocce Court, Boating, Clubhouse, Fitness Center, Laundry, Picnic Area, Pool, Putting Green(s), Storage, Sidewalks, Tennis Court(s), Trash, Elevator(s)
- Pool: Yes
- Pool Description: Association
- Security/Safety: Gated with Guard, Gated Community, Security Guard
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Covered, Patio, Screened, Balcony
Parking
- Parking Features: Assigned, Guest
Location
- County: Palm Beach
- Subdivision: BOCA BAYOU
- Building Name: 15
- Driving Directions: Between US 1 and Dixie Hwy on Royal Palm/SW 18th. Entrance on south side of Royal Palm
- Direction Faces: North
Community
- Community Name: 4270
- Association: Yes
- Assoc. Fees Include: Common Areas, Cable TV, Hot Water, Insurance, Maintenance Grounds, Recreation Facilities, Security, Water
- Units Assoc/Comm: 721
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Construction: Block, Concrete, Stucco
- Windows: Blinds, Casement Window(s), Drapes, Sliding
- Stories/Levels: 6
- Building Size: 1130
- Square Feet: 1,130
- Living Area: 1,130 Sq. Ft.
- Year Built: 1977
- Property Condition: Resale
Lot Features
- Property View: City, Intercoastal
- Street Lights: Yes
- Zoning: R-4—RESIDENTIAL
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front, Intracoastal Access, Navigable Water, Ocean Access
- Water Front View: Canal Front, Intracoastal Access, Navigable Water, Ocean Access
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $807
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,050
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: BOCA BAYOU IV COND UNIT 505 BLDG 15
- Property ID: 6434731060155050
Listed by Compass Florida LLC
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Schools
Schools serving 15 Royal Palm Way #505
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Boca Raton Elementary School 103 Southwest 1st Avenue, Boca Raton, FL 33432 | K-5 | 1.6 mi |
Boca Raton Community Middle School 1251 Northwest 8th Street, Boca Raton, FL 33486 | 6-8 | 2.6 mi |
Boca Raton Community High School 1501 Northwest 15th Court, Boca Raton, FL 33486 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 Royal Palm Way #505
Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$329,000
-5.46%
MLS
12/19/2025
Price Reduced
$348,000
-5.43%
MLS
12/05/2025
Listed
$368,000
98.92%
MLS
10/27/2014
Sold
$185,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15 Royal Palm Way #505
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,540
7%
$360,000
5%
2024
$5,160
8%
$344,000
8%
2023
$4,796
29%
$319,000
65%
2021
$3,708
-15%
$193,000
-29%
2022
$4,354
17%
$272,200
56%
2021
$3,708
11%
$174,000
4%
2019
$3,346
10%
$167,000
6%
2018
$3,038
-3%
$158,000
-2%
2017
$3,147
-3%
$162,000
-1%
2016
$3,240
—
$164,000
3%
2015
$3,232
8%
$159,000
10%
2014
$3,001
7%
$145,000
7%
2013
$2,816
—
$135,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15 Royal Palm Way #505
15 Royal Palm Way #505, Boca Raton, FL 33432 (MLS# R11145517) is a Condo property with 2 bedrooms and 2 full bathrooms. 15 Royal Palm Way #505 is currently listed for $329,000 and was received on December 05, 2025. Want to learn more about 15 Royal Palm Way #505? Do you have questions about finding other Condo real estate for sale in Boca Raton? You can browse all Boca Raton real estate or contact a Coldwell Banker agent to request more information.

