$399,500

20 Royal Palm Way Unit 505 Boca Raton, FL 33432

$4,744
Closing credit¹
2 beds
2 full
1,095 sqft
$365 / sqft
Condo

Property details

About 20 Royal Palm Way Unit 505

Waterfront condo reduced! Due to family emergency seller is motivated to SELL NOW! Bring all reasonable offers! Stunning water views from screened balcony. Open-concept with NEW kitchen (quartz counters & upgraded appliances). Fully renovated: updated baths, impact windows, modern fixtures & in-unit W/D. Community offers 5 heated pools, tennis & 24-hr security. Across from Hillsboro El Rio Park. Minutes to beaches, downtown, Mizner Park, golf, Brightline & shopping. Building passed 30-yr Recertification. Structural Integrity Study complete. ALL ASSESSMENTS PAID.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,095 sqft
Year built1980
ParkingAssigned, Guest, Slab Strip, Vehicle Restrictions
MLS #RX-11051796
WaterfrontCanal, Navigable Water, Ocean Access, Seawall
ViewCanal, Lagoon, Pool, River

Summary

  • MLS Number: RX-11051796
  • Office Name: RE/MAX Services
  • Office Phone: (561) 912-3500
  • Listing Agent: Lynn A Johnsen
  • Agent Phone: (561) 239-1900

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of property featuring a water view

$399,500

20 Royal Palm Way Unit 505

$4,744

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

4

Deerfield Beach Elementary School

Public District KG-5

0.5 mi

650 NE 1st St

9

Somerset Academy Boca East

Public Charter KG-5

1.3 mi

333 SW 4th Ave

6

Deerfield Park Elementary School

Public Magnet PK-5

1.5 mi

650 SW 3rd Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $50,670. Typical income of Boca Raton, FL residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

27%
<35k
58%
35k-100k
10%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

70%
Single, No Kids
5%
Single, with Kids
22%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
23%
18-34 yrs old
45%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • QdobaQdoba

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • InfinitiInfiniti

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • Active RockActive Rock
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Boca Raton, FL

About 20 Royal Palm Way Unit 505

This home is located at 20 Royal Palm Way Unit 505 in Boca Raton, FL and zip code 33432. This 1,095 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 13, 2025 and is currently priced at $399,500.

Boca Raton, FL housing market in March 2025 saw over 21 listings sold above listed price, more than 30 sold at listed price and over 253 sold below. The number of listings in Boca Raton, FL increased by 11.5% between February and March 2025. While the average time on the market in March 2025 was 74 days, the median list price was $636,724.

From Rocket Homes Real Estate and based on county public records data.

More resources