For sale

Price cut: $5K (9/27)

$280,000

20 Royal Palm Way #602, Boca Raton, FL 33432

2beds

1,095sqft

$2,955/mo

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Condominium

Built in 1980

-- sqft lot

$267,600 Zestimate^®

$256/sqft

$956/mo HOA

What's special

Under $300K in Boca Bayou — and this is no ordinary entry point. Sought-after Penthouse Deluxe model with private in-unit laundry, waterway views and a daily boat parade from your screened balcony and master suite. Light, bright and airy with a desirable split floor plan — the spacious master suite features a generous bath and dual closets. Five heated pools, boat dockage, tennis, fitness center, clubhouse and 24-hr guard-gated security. Water, hot water and Comcast cable with HBO included. Milestone Inspection and SIRS complete — no pending assessments. An incredible opportunity to update and build instant equity. Minutes to beaches, dining and shopping. All-age community. At this price, it will not last.

37 days
513
43

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: 195
Dimensions: 15 X 13

Bedroom 2

Level: Main
Area: 143
Dimensions: 13 X 11

Dining room

Area: 144
Dimensions: 12 X 12

Kitchen

Level: Main
Area: 108
Dimensions: 12 X 9

Living room

Level: Main
Area: 180
Dimensions: 15 X 12

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s), Electric

Appliances

Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Laundry: Inside, Laundry Closet, In Unit, Washer Dryer Install Allowed

Features

Entrance Foyer, Eat-in Kitchen, Kitchen/Dining Combo, Living/Dining Room, Multiple Primary Suites, Split Bedrooms, Storage, Separate Shower, Walk-In Closet(s)
Flooring: Carpet, Ceramic Tile, Laminate, Wood
Windows: Blinds

Interior area

Total structure area: 1,130
Total interior livable area: 1,095 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Assigned, Guest

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Covered, Deck, Screened, Balcony
Exterior features: Built-in Barbecue, Balcony, Barbecue, Outdoor Living Area, Tennis Court(s)
Pool features: Association, Heated
Has view: Yes
View description: Canal, Garden, Lagoon, Pool, River, Water
Has water view: Yes
Water view: Canal,Lagoon,River,Water
Waterfront features: Canal Access, Canal Front, Fixed Bridge, Lagoon, Ocean Access, River Front

Lot

Features: Sprinklers Automatic

Details

Parcel number: 06434731060206020
Zoning: Res
Special conditions: Standard,Listed As-Is

Construction

Type & style

Home type: Condo
Architectural style: Contemporary
Property subtype: Condominium

Materials

Block, Concrete, Stucco
Roof: Other

Condition

Resale
New construction: No
Year built: 1980

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Features: Gated, Property Manager On-Site
Security: Gated with Guard, Gated Community, Security Guard
Subdivision: Boca Bayou

HOA

Has HOA: Yes
Amenities included: Bocce Court, Billiard Room, Clubhouse, Car Wash Area, Fitness Center, Gated, Hot Water, Management, Pickleball, Pool, Putting Green(s), Shuffleboard Court, Sauna, Tennis Court(s), Elevator(s)
Services included: Common Areas, Cable TV, Hot Water, Insurance, Maintenance Grounds, Reserve Fund, Security, Water
HOA fee: $956 monthly
HOA name: Boca Bayou Condo Association
HOA phone: 561-392-5540

Location

Region: Boca Raton

Financial & listing details

Price per square foot: $256/sqft
Annual tax amount: $4,901
Date on market: 8/21/2026
Cumulative days on market: 193 days
Listing terms: Cash
Electric utility on property: Yes

Estimated market value

$267,600

$254,000 - $281,000

$2,880/mo

Price history

Date	Event	Price
9/27/2026	Price change	$280,000-1.8%$256/sqft
Source: BeachesMLS #B26067158 Report a problem
8/21/2026	Listed for sale	$285,000-15.9%$260/sqft
Source: BeachesMLS #B26067158 Report a problem
8/14/2026	Listing removed	$339,000$310/sqft
Source: BeachesMLS #R11169280 Report a problem
5/1/2026	Price change	$339,000-5.8%$310/sqft
Source: BeachesMLS #R11169280 Report a problem
3/11/2026	Listed for sale	$359,900$329/sqft
Source: BeachesMLS #R11169280 Report a problem
12/6/2021	Listing removed	--
Source: RE/MAX International Report a problem
11/20/2021	Listed for rent	$2,500$2/sqft
Source: RE/MAX International #RX-10760211 Report a problem