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For sale

17 ROYAL PALM Way

Boca Raton, FL 33432

$475,000

$420/ft²

2Beds
2Baths
1,130Sq ft
1979Year built
CondoType

About this home

Welcome to the penthouse! This rarely available top-floor corner residence offers breathtaking northeast views of the Waterway from nearly every room. This spacious 2-bedroom, 2-bath condo features two private ensuite bedrooms with washer/dryer in unit (2025). The light-filled interior showcases luxury vinyl wood flooring, a custom built-in bookcase, blackout shades in the bedrooms and custom drapery. The updated kitchen features stainless steel appliances, including a refrigerator, microwave, and range (2023). Additional highlights include impact windows (excluding the screened balcony sliders), pull-down hurricane shutters on the screened patio, and a meticulously maintained A/C system that has been professionally serviced every six months. Enjoy your morning coffee or evening cocktail from the screened balcony while taking in panoramic water views and refreshing coastal breezes. Boca Bayou is one of East Boca Raton's premier gated waterfront communities, offering 24-hour manned security, five heated saltwater pools, two fitness centers, sauna, tennis, pickleball, shuffleboard, bocce, billiards, BBQ areas, car wash station, and beautifully landscaped grounds with winding waterways throughout. 53 rentable boat slips with direct Intracoastal access, accommodating vessels up to approx. 35 feet. A brand-new clubhouse is also coming soon. Located just minutes from Boca's pristine beaches, Mizner Park, Royal Palm Place, exceptional shopping and dining, this home offers the perfect blend of luxury and convenience. The monthly condo fee includes building insurance, fully funded structural reserves, water, hot water, sewer, cable with HBO, 24-hour gated security, exterior building maintenance, landscaping, janitorial services, and full access to all amenities. Rentals are permitted once per year for a minimum of three months. No Pets (ESA animals allowed with association registration). With no anticipated structural assessments for the next 30 years, this turnkey penthouse offers exceptional value and worry-free waterfront living.

Features

  • Waterfront
  • Private pool

Property details

Listing

MLS #
B26057307
Status
For sale
Listed on
Jul 27, 2026
Days on market
14 days
Listing data updated
Aug 8, 2026

Interior

Beds
2
Baths
2
Living area
1,130 ft²
Price per ft²
$420/ft²
Unit
6060

Building & community

Type
Condo
Year built
1979
HOA fee
$957/mo
County
Palm Beach

Lot & exterior

Waterfront
Yes
Private pool
Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest)
$2,402
Property taxes (est.)
$436
Home insurance (est.)
$317
Flood insurance (est.)
HOA fee
$957

Estimated total$4,112*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?

Location

Mortgage calculator

$2,402/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.

Equal Housing Opportunity

This listing is courtesy of Compass Florida, LLC.

William L Sohl · 954-655-5097 · bill.sohl@compass.com · 954-477-7332

Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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