20 Royal Palm Way 602, Boca Raton, FL 33432

$339,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,130 Status: Active

Current Price: $339,000 List Date: 3/11/2026 Last Modified: 7/20/2026

Overview

Description

Enjoy waterway views & the daily boat parade from your master suite & screened balcony. Sought after Penthouse DELUXE model. Split floor plan, spacious master w/updated bath & dual closets, interior laundry w/stackable W/D. Resort-style Boca Bayou offers 5 heated pools, boat dockage, tennis, fitness centers & clubhouse. 24-hr guard-gated security. Water, hot water & Comcast cable w/HBO included. Prime location near shopping, dining & beaches. All-age community. Be ready to move fast -- this one won't last!

Listing Details MLS# R11169280

General Property Information

Number Of Units In Community: 721
Total Units In Building: 35
Unit Floor #: 6
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1130
Building Area Source: Public Records
Living Area Main: 1095
Living Area Source: Public Records
Accessibility Features YN: No
Year Built: 1980
Parking Total: 2
Gated Community YN: Yes
Senior Community YN: No
Land Lease YN: No
Recreation Lease YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 6
Stories: Yes
Direction Faces: North
Pool Private YN: No
Furnished: Partially
Washer/Dryer Allowed YN: Yes
Lot Size Area: 0

Property Features

Application Information: 3-4 Weeks Approval; Personal Interview Required Association Amenities: Gated Association Fee Includes: Cable TV; Common Areas; Elevator; Hot Water; Insurance; Maintenance Grounds; Reserve Funds; Security; Water Dining Area: Dining/Living Room; Eat-In Kitchen; Kitchen Dining Exterior Features: Built-in Barbecue; Tennis Court(s) Flooring: Carpet; Ceramic Tile; Laminate; Wood Parking Features: Assigned; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: CBS; Concrete; Stucco Cooling: Ceiling Fan(s); Central Air; Electric Association Type: Condominium Heating: Central; Electric Interior Features: Bedroom Layout - Split; Entrance Foyer; Storage; Walk-In Closet(s) Laundry Features: In Unit; Inside; Laundry Closet Levels: One Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Lease Restrictions; Parking - No Commercial Vehicles; Parking - No Motorcycle; Parking - No Truck Other Leasing Restrictions: Tenant Approval Road Frontage Type: Private Road; West of US-1 Roof: Other Security Features: Gated with Guard; Security Patrol Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Storm Protection Details: None Structure Type: Multi Family Tax Information: City/County; No Homestead Unit Description: Exterior Catwalk Utilities: Cable Available; Sewer Available; Water Available View: Garden; Pool; Water Water Access: Fixed Bridge; Ocean Access Water Source: Public Water View: Canal; Lagoon; River Waterfront Features: Canal Front; Lagoon; River Front Canal Width: Canal Width 1-80 Feet Window Features: Blinds Showing Requirements: Schedule Online; Security Guard Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered; Balcony - Screened Room Types: Bedroom 2; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 359900
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 20
Street Name: Royal Palm
Street Suffix: Way
Unit Number: 602
City Name: Boca Raton
State Or Province: FL
Postal Code: 33432
Postal Zip: 33432
Subdivision Name: Boca Bayou
Development Name: Boca Bayou
Area: 4270
Geographic Area: PB02
Elementary School: Boca Raton
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Special Assessment YN: No
Parcel Number: 06434731060206020
Zoning: Res
Directions: Federal Highway south of Camino Real to SW 18th St/Royal Palm Way. Turn west. Entrance on south side. After guard gate follow around to right then follow signs to building #20. Parking space #570
Building Name: 20

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 956.47
Association Fee Frequency: Monthly
Association Membership: Mandatory
Association Reserves YN: Yes
Application Required YN: Yes
Association Name: Boca Bayou Condo Association
Association Phone: 561-392-5540
Association Email: bocabayouoffice@akam.com
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 957
Membership Fee Required YN: No
Tax Annual Amount: 4704.59
Tax Year: 2025
Tax Legal Description: Boca Bayou V Cond Unit 20-602

Status Change Information

Major Change Timestamp: 2026-05-01T15:25:21Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-01T15:25:21Z
Status Change Date: 2026-03-11

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Parking Information

Parking Space Number: 570

Boat and Dock Information

Dock: No
Boat Dock Accommodates: Up to 30 Ft Boat

Capital Contributions

Capital Contributions YN: No

Co-Ownership

Property Management YN: Yes
Property Management Name: Akam Property Management
Property Management Phone: 561-392-5540
Property Management Email: bocabayouoffice@akam.com

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Qualifying Requirements

Minimum Credit Score YN: Yes
Minimum Credit Score: 700

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 90

Room Types

Bedroom 2 Level: Main
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Bedroom 2: Yes
Dining Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 318.49

Originating Details

Originating System Key: 20260205234738532793000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Application Information

3-4 Weeks Approval: Yes
Personal Interview Required: Yes

Amenities

Billiard Room: Yes
Bocce Ball: Yes
Car Wash Area: Yes
Clubhouse: Yes
Elevator(s): Yes
Fitness Center: Yes
Heated Pool: Yes
Hot Water: Yes
Management: Yes
Manager On Site: Yes
Pickleball Court(s): Yes
Pool: Yes
Sauna: Yes
Shuffleboard Court: Yes
Tennis Court(s): Yes

Association Amenities

Gated: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Elevator: Yes
Hot Water: Yes
Insurance: Yes
Maintenance Grounds: Yes
Reserve Funds: Yes
Security: Yes
Water: Yes

Dining Area

Dining/Living Room: Yes
Eat-In Kitchen: Yes
Kitchen Dining: Yes

Exterior Features

Built-in Barbecue: Yes
Tennis Court(s): Yes

Flooring

Carpet: Yes
Ceramic Tile: Yes
Laminate: Yes
Wood: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Garden: Yes
Pool: Yes
Water: Yes

Heating

Central: Yes
Electric: Yes

Sprinkler Description

Auto Sprinkler: Yes

Unit Description

Exterior Catwalk: Yes

Water Access

Fixed Bridge: Yes
Ocean Access: Yes

Water View

Canal: Yes
Lagoon: Yes
River: Yes

Window Features

Blinds: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes
Concrete: Yes
Stucco: Yes

Interior Features

Bedroom Layout - Split: Yes
Entrance Foyer: Yes
Storage: Yes
Walk-In Closet(s): Yes

Laundry Features

In Unit: Yes
Inside: Yes
Laundry Closet: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Frontage Type

Private Road: Yes
West of US-1: Yes

Roof

Other: Yes

Security Features

Gated with Guard: Yes
Security Patrol: Yes

Water Source

Public: Yes

Waterfront Features

Canal Front: Yes
Lagoon: Yes
River Front: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Association Type

Condominium: Yes

Showing Requirements

Schedule Online: Yes
Security Guard: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

2 Master Suites: Yes
Separate Shower: Yes

Pets Allowed YN

No: Yes

Restrictions

Lease Restrictions: Yes
Parking - No Commercial Vehicles: Yes
Parking - No Motorcycle: Yes
Parking - No Truck: Yes

Other Leasing Restrictions

Tenant Approval: Yes

Storm Protection Details

None: Yes

Tax Information

City/County: Yes
No Homestead: Yes

Canal Width

Canal Width 1-80 Feet: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Covered: Yes
Balcony - Screened: Yes

Room Information

Room Name	Length	Width	Level
Living Room	15.00	12.00	Main
Dining Room	12.00	12.00
Kitchen	12.00	9.00	Main
Master Bedroom	15.00	13.00	Main
Bedroom 2	13.00	11.00	Main
Laundry

Listing Office: RE/MAX Services

Last Updated: July - 20 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.