56115 Royal Palm Way 505, Boca Raton, FL 33432
$329,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,130
Status:
Active Under Contract
Current Price:
$329,000
List Date:
12/05/2025
Last Modified:
3/14/2026
Description
Welcome to waterfront living in Boca Bayou, where everyday begins with sparkling sunrise views and ends with breathtaking sunsets over the Hillsboro Canal. This spacious 2 bedroom, 2 bath corner unit is located in one of the most desirable buildings in Boca Bayou that allows in-unit washer/dryers. This ''Deluxe'' unit offers additional square footage compared to a standard unit and an eat-in kitchen area. Relax on the extended screened-in covered balcony and enjoy the views of the boats passing by. Boca Bayou is also a great investment option, being one of the limited communities in Boca Raton that allows the owner to rent their unit immediately. Click here for more information:
Supplements: Boca Bayou is a premier 721-unit gated waterfront condominium community in the heart of downtown Boca Raton, set on 46 acres of beautifully landscaped grounds with waterways offering views of the Hillsboro Canal and direct access to the Intracoastal Waterway. Located less than two miles from the beach and minutes from Royal Palm Plaza and Mizner Park, residents enjoy close proximity to upscale shopping, dining, and entertainment. The community features resort-style amenities including five heated swimming pools, tennis and pickleball courts, two fitness centers, saunas, bocce and shuffleboard courts, pool houses, multiple natural gas grills, a putting green, and convenient car wash stations, all secured by a 24-hour manned gatehouse. Boaters benefit from private canals with docks available for rent when offered, creating a true luxury waterfront lifestyle in one of East Boca's most desirable addresses.
More Information MLS# R11145517
Contract Information
Comp Sale YN: No
Listing Contract Date: 2025-12-05
Status: Active Under Contract
Original List Price: 368000
List Price: $329,000
Current Price: $329,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Boca Raton
Postal Zip: 33432
Development Name: BOCA BAYOU
Geographic Area: PB02
Special Assessment YN: No
Building Name: 15
Country: United States
Street Number: 15
Street Name: Royal Palm
Street Suffix: Way
Unit Number: 505
State Or Province: FL
Postal Code: 33432
Subdivision Name: BOCA BAYOU
Area: 4270
Elementary School: Boca Raton
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Parcel Number: 06434731060155050
Zoning: R-4—RESIDENTIAL
Directions: Between US 1 and Dixie Hwy on Royal Palm/SW 18th. Entrance on south side of Royal Palm
General Property Information
Number Of Units In Community: 721
Total Units In Building: 32
Unit Floor #: 5
Living Area Main: 1130
Gated Community YN: Yes
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 6
Pool Private YN: No
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1130
Building Area Source: Public Records
Year Built: 1977
Waterfront YN: 1
Direction Faces: North
Financial Information
Association Deposit YN: No
Application Required YN: Yes
Association Membership: Mandatory
Association Phone: 561-392-5540
Association Website: www.mybocabayou.com
Membership Fee Required YN: No
Association YN: 1
Association Fee: 806.67
Association Fee Frequency: Monthly
Tax Annual Amount: 5050
Tax Year: 2025
Tax Legal Description: BOCA BAYOU IV COND UNIT 505 BLDG 15
Office/Member Information
DXORIGMLSID: RML
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
Personal Interview Required: 1
Amenities
Boating: 1
Bocce Ball: 1
Clubhouse: 1
Elevator(s): 1
Fitness Center: 1
Laundry: 1
Manager On Site: 1
Picnic Area: 1
Pool: 1
Putting Green: 1
Sidewalks: 1
Storage: 1
Street Lights: 1
Tennis Court(s): 1
Trash Chute: 1
Association Fee Includes
Cable TV: 1
Common Areas: 1
Elevator: 1
Hot Water: 1
Insurance: 1
Maintenance Grounds: 1
Recreation Facility: 1
Security: 1
Water: 1
Dining Area
Breakfast Area: 1
Dining/Living Room: 1
Eat-In Kitchen: 1
Kitchen Dining: 1
Snack Bar/Counter: 1
Electric
Three Phase: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Parking Features
Assigned: 1
Guest: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
View
City: 1
Heating
Central: 1
Electric: 1
Unit Description
Corner/End Unit: 1
Exterior Catwalk: 1
Water Access
Ocean Access: 1
Water View
Canal: 1
Intracoastal: 1
Window Features
Blinds: 1
Casement: 1
Drapes: 1
Sliding: 1
Appliances
Dishwasher: 1
Disposal: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Construction Materials
CBS: 1
Concrete: 1
Stucco: 1
Interior Features
Entrance Foyer: 1
Walk-In Closet(s): 1
Laundry Features
Inside: 1
Laundry Closet: 1
Washer Hookup: 1
Dryer Hookup: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Gated with Guard: 1
Security Patrol: 1
Water Source
Public: 1
Waterfront Features
Canal Front: 1
Intracoastal: 1
Navigable Water: 1
Boat and Dock Information
Dock: Yes
Boat Max Length: 40
Boat Dock Accommodates: Up to 40 Ft Boat
Capital Contributions
Capital Contributions YN: No
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Association Type
Condominium: 1
Showing Requirements
Appointment Only: 1
Schedule Online: 1
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Master Bedroom/Bath
Separate Shower: 1
Pets Allowed YN
No: 1
Restrictions
Buyer Approval Required: 1
Lease Restrictions: 1
Parking - No Commercial Vehicles: 1
Parking - No Motorcycle: 1
Parking - No RV: 1
Parking - No Truck: 1
Storm Protection
Impact Glass: Partial
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Balcony: 1
Patio: 1
Balcony Details
Balcony - Covered: 1
Balcony - Screened: 1
Contingencies
Financing: 1
Inspection: 1
Room Types
Bedroom 2: 1
Bedroom 2 Level: Main
Dining Room: 1
Dining Room Level: Main
Great Room: 1
Kitchen: 1
Kitchen Level: Main
Laundry: 1
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 291.15
Status Change Information
Major Change Timestamp: 2026-03-14T15:01:07Z
Major Change Type: Status Change
Price Change Timestamp: 2026-01-16T12:19:57Z
Status Change Date: 2026-03-14
Under Contract Type: Active Under Contract
Under Contract Date: 2026-02-20
Originating Details
Originating System Key: 20251203160736545037000000
Originating System ID: M00000170
Property Features
Application Information: Personal Interview Required
Association Fee Includes: Cable TV; Common Areas; Elevator; Hot Water; Insurance; Maintenance Grounds; Recreation Facility; Security; Water
Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen; Kitchen Dining; Snack Bar/Counter
Electric: Three Phase
Flooring: Carpet; Ceramic Tile
Parking Features: Assigned; Guest
Property Condition: Resale
Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator
Construction Materials: CBS; Concrete; Stucco
Cooling: Ceiling Fan(s); Central Air
Association Type: Condominium
Heating: Central; Electric
Interior Features: Entrance Foyer; Walk-In Closet(s)
Laundry Features: Inside; Laundry Closet; Washer Hookup; Dryer Hookup
Listing Terms: Cash; Conventional
Pets Allowed YN: No
Possession: Close Of Escrow; Negotiable
Restrictions: Buyer Approval Required; Lease Restrictions; Parking - No Commercial Vehicles; Parking - No Motorcycle; Parking - No RV; Parking - No Truck
Security Features: Gated with Guard; Security Patrol
Sewer: Public Sewer
Tax Information: City/County
Unit Description: Corner/End Unit; Exterior Catwalk
Utilities: Cable Available; Sewer Available; Water Available
Water Access: Ocean Access
Water Source: Public
Water View: Canal; Intracoastal
Waterfront Features: Canal Front; Intracoastal; Navigable Water
Window Features: Blinds; Casement; Drapes; Sliding
Showing Requirements: Appointment Only; Schedule Online
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Covered; Balcony - Screened
Contingencies: Financing; Inspection
Room Types: Bedroom 2; Dining Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom
Room Information
Living Room
Length: 16.00
Length: 16.00
Width: 12.00
Width: 12.00
Level: Main
Kitchen
Length: 18.00
Length: 18.00
Width: 79.00
Width: 79.00
Level: Main
Master Bedroom
Length: 14.00
Length: 14.00
Width: 12.00
Width: 12.00
Level: Main
Bedroom 2
Length: 12.00
Length: 12.00
Width: 10.00
Width: 10.00
Level: Main
Dining Room
Length: 8.00
Length: 8.00
Width: 8.00
Width: 8.00
Level: Main
Great Room
Laundry
Listing Office:
Compass Florida LLC
Last Updated: March - 14 - 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.
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