Move-in ready and fully furnished, this beautifully renovated waterfront penthouse is located in Boca's coveted Boaters Dream community. Featuring a custom floor plan, elegant Italian porcelain tile throughout, a luxurious master suite with a spa-like bathroom, and Samsung smart appliances. Recent upgrades include new AC, ductwork, electrical and plumbing systems, and impact windows and doors. Situated in a serene and quiet location, with impressive amenities: 24-hour manned security, five swimming pools, shuffleboard, tennis courts, and clubhouse. The condo fee covers building insurance, water, hot water, cable, and security, with fully funded structural reserve study and a 30-year assessment-free outlook. This turnkey penthouse is perfect for an active, luxurious lifestyle!
For sale
Price cut: $29K (1/18)
$499,999
12 Royal Palm Way Unit 605, Boca Raton, FL 33432
2beds
1,095sqft
Est.:
Condominium
Built in 1977
-- sqft lot
$472,000 Zestimate®
$457/sqft
$758/mo HOA
What's special
Five swimming poolsCustom floor planSpa-like bathroomLuxurious master suiteImpact windows and doorsSamsung smart appliances
- 160 days |
- 219 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: March 17, 2026 at 12:58pm
Listed by:
James Graham 561-213-7655,
Compass Florida LLC
Source: BeachesMLS,MLS#: R11137039
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 180.78
- Dimensions: 13.1 X 13.8
Bedroom 2
- Level: Main
- Area: 145.6
- Dimensions: 13 X 11.2
Kitchen
- Level: Main
- Area: 100
- Dimensions: 8 X 12.5
Living room
- Level: Main
- Area: 297.6
- Dimensions: 12.4 X 24
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Free-Standing Freezer, Microwave, Refrigerator
Features
- Jetted Tub, Storage, Separate Shower, Walk-In Closet(s)
Interior area
- Total structure area: 1,095
- Total interior livable area: 1,095 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned
Features
- Entry location: Entry Level Living Area Y
- Patio & porch: Patio, Screened
- Exterior features: Outdoor Living Area
- Pool features: Association
- Has spa: Yes
- Waterfront features: Canal Front, Intracoastal Access, Lagoon
Details
- Parcel number: 06434731060126050
- Zoning: R-4
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Stucco
Condition
- Resale
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Features: Home Owners Association, Gated, Property Manager On-Site, Street Lights
- Security: Gated Community
- Subdivision: BOCA BAYOU PH 1, 2 THRU 5 & 7 CONDOS
HOA
- Has HOA: Yes
- Amenities included: Bike Storage, Clubhouse, Elevator(s), Pickleball, Pool, Putting Green(s), Shuffleboard Court, Storage, Tennis Court(s), Trash
- Services included: Common Areas, Insurance, Maintenance Grounds, Security, Trash
- HOA fee: $758 monthly
Location
- Region: Boca Raton
Financial & listing details
- Price per square foot: $457/sqft
- Annual tax amount: $4,096
- Date on market: 11/1/2025
- Cumulative days on market: 322 days
- Listing terms: Cash,Conventional
Estimated market value
$472,000
$448,000 - $496,000
$3,737/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/18/2026 | Price change | $499,999-5.5%$457/sqft |
Source:  BeachesMLS #RX-11137039 Report a problem | ||
| 1/1/2026 | Listing removed | $6,500$6/sqft |
Source: BeachesMLS #R11108314 Report a problem | ||
| 11/1/2025 | Listed for sale | $529,000$483/sqft |
Source: BeachesMLS #RX-11137039 Report a problem | ||
| 11/1/2025 | Listing removed | $529,000$483/sqft |
Source: BeachesMLS #RX-11095380 Report a problem | ||
| 10/16/2025 | Price change | $529,000-3.8%$483/sqft |
Source: BeachesMLS #RX-11095380 Report a problem | ||
| 7/17/2025 | Listed for rent | $6,500$6/sqft |
Source: BeachesMLS #R11108314 Report a problem | ||
| 5/30/2025 | Listed for sale | $550,000$502/sqft |
Source: BeachesMLS #RX-11090202 Report a problem | ||
| 5/18/2025 | Listing removed | $550,000$502/sqft |
Source: BeachesMLS #RX-11090202 Report a problem | ||
| 5/13/2025 | Listed for sale | $550,000+130.1%$502/sqft |
Source: BeachesMLS #RX-11090202 Report a problem | ||
| 4/1/2024 | Listing removed | $239,000+3.9%$218/sqft |
Source: BeachesMLS #RX-10691871 Report a problem | ||
| 3/31/2021 | Sold | $230,000-3.8%$210/sqft |
Source: BeachesMLS #R10691871 Report a problem | ||
| 3/16/2021 | Pending sale | $239,000$218/sqft |
Source: BeachesMLS #RX-10691871 Report a problem | ||
| 2/12/2021 | Listed for sale | $239,000$218/sqft |
Source: BeachesMLS #RX-10691871 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Est. payment
$3,933/mo
Principal & interest
$2450
HOA Fees
$758
Property taxes
$725
More affordability tools
Climate risks
Neighborhood: 33432
Nearby schools
GreatSchools rating
- 7/10Boca Raton Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 8/10Boca Raton Community Middle SchoolGrades: 6-8Distance: 2.6 mi
- 6/10Boca Raton Community High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Boca Raton
- Middle: Boca Raton Community
- High: Boca Raton
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 33432
- Florida
- Palm Beach County
- Boca Raton
- 33432
- 12 Royal Palm Way Unit 605
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