20 Royal Palm Way # 204, Boca Raton FL 33432, BOCA RATON, FL, 33432
Active58 days on marketListed Jun 17, 2026MLS #B26042130
About this home
20 Royal Palm Way # 204, Boca Raton FL 33432
NEW PRICE! One of the best values currently available in East Boca. Experience the Boca Raton lifestyle in Boca Bayou, a gated waterfront boating community just minutes from the beach, downtown Boca, Mizner Park, and Brightline. This well-maintained 1-bedroom, 1.5-bath condo offers canal views, a second-floor location, screened balcony, upgraded countertops, stainless steel appliances, and immediate rental eligibility. Enjoy five pools, tennis, fitness center, boat dockage (when available), and a new clubhouse nearing completion. Milestone Inspection and SIRS completed, no special assessments, strong reserves, and conventional financing available. HOA includes water, cable, hot water, insurance, security, and reserves. Exceptional East Boca value.
Facts & features
The home at a glance
1
Bedrooms
1.5
Bathrooms
795
Sqft
0 ac
Lot size
1980
Year built
1
Levels
$332
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,900 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,900/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+46.2%
$/sqft vs BOCA BAYOU CONDO,Boca Bayou
$332 vs $354
Days on market
58 vs 56 typical
Where $332/sqft sits among the 12 homes for sale in BOCA BAYOU CONDO,Boca Bayou
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Boca Bayou
Get to know Boca Raton. See the full Boca Raton guide →
Boca Bayou — neighborhood snapshot
Population
1,303
Median age
48
Median income
$67,177
Median home value
$271,100
Avg household
1
Households w/ children
51%
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Boca Raton market
$3.6M → $710K
Boca Raton median sold, yr/yr
93.4%
Sale-to-list ratio (12 mo)
1 of 12
BOCA BAYOU CONDO,Boca Bayou have cut their price
Median sold price, Boca Raton, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 34% below the BOCA RATON 33432 median. See the full Boca Raton market guide →
Paper trail
This home's history
Reality check
What actually sold near 20 Royal Palm Way # 204
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$295,000
4 Royal Palm Way # 3020, Boca Raton FL 33432 · same community
2 bd · 1 ba · 1,010 sqft · $292/sqft · 158 DOM
Sold · Jul ’26$457,000
17 Royal Palm Way # 105, Boca Raton FL 33432 · same community
2 bd · 2 ba · 1,095 sqft · $417/sqft · 272 DOM
Sold · May ’26$365,000
21 Royal Palm Way # 303, Boca Raton FL 33432 · same community
2 bd · 2 ba · 1,095 sqft · $333/sqft · 147 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 20 Royal Palm Way # 204 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 20 Royal Palm Way # 204 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
20 Royal Palm Way # 204 FAQs
What would the monthly payment be for 20 Royal Palm Way # 204, Boca Raton FL 33432?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,900/mo — principal and interest, the actual property-tax bill, the $764/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 20 Royal Palm Way # 204, Boca Raton FL 33432?+
The association fee works out to $764 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 20 Royal Palm Way # 204, Boca Raton FL 33432?+
The most recent tax bill on record (2025) was $3,660. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 20 Royal Palm Way # 204, Boca Raton FL 33432?+
The listing reports pets: No, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Boca Raton?+
At $264,000, this home is listed about 52% below the Boca Raton median of $549,900. The market section on this page shows how the area is trending.
Which schools are assigned to 20 Royal Palm Way # 204, Boca Raton FL 33432?+
Boca Raton Elementary School (elementary), Boca Raton Community Middle School (middle), Boca Raton Community High School (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the BOCA RATON 33432 market on paper
$264,000 is 34% below the BOCA RATON 33432 median of $399,000, and at $332/sqft it sits under the Boca Raton average of $502.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $764/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Strong assigned schools
Boca Raton Elementary School, Boca Raton Community Middle School, Boca Raton Community High School, Glades Construction Academy At West Technical — Boca Raton Community High School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $269,000, now $264,000 — a $5K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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