4 Royal Palm Way, #6020, Boca Raton, FL, 33432 | $2,550

Get ready to call this stunning penthouse condominium located in the coveted waterfront gated community of Boca Bayou your new home. Boasting two bedrooms and one bath, this fully furnished condo is the perfect place to kick back and relax. Step inside to discover a light-filled interior adorned with tasteful and comfy furnishings. The kitchen, living room, and dining room features tile flooring, while the bedrooms offer the warmth of wood laminated floors. Equipped with stainless steel appliances and recessed lighting, the kitchen is a delight, complete with a convenient kitchen bar for casual dining. Wake up to breathtaking sunrises from the comfort of your master bedroom, or unwind on the screened Lanai overlooking the tranquil pool, boat docks, and canal. Beyond the confines of your home, enjoy access to an array of upscale amenities including boat docks, five pools, tennis courts, onsite management, and 24-hour gated security. Nestled in the heart of East Boca, you'll find yourself just moments away from the pristine beaches, top-rated restaurants, and world-class shopping of Mizner Park. Rent includes Water, Cable and Trash. Don't miss your chance to elevate your lifestyle in this unparalleled East Boca retreat. Schedule your private showing today and seize the opportunity to make this exquisite penthouse your new home.

Features

  • Type: Condominium
  • Amenities: Boating, Picnic Area, Clubhouse, Elevator(s), Fitness Center, Laundry, Pool, Tennis Court(s)
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Development: Boca Bayou
  • Year Built: 1979
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Approx Sq. Feet: 1,010
  • View: Pool, Canal, Intracoastal
  • Water Front: Yes
  • Elem. School: Boca Raton
  • Middle School: Boca Raton Community
  • High School: Boca Raton
  • Pet Policy: No
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Lease Term Type: 12 Months
  • Tenant Pays: Electricity, Insurance
  • MLS#: R11161211
  • Website: https://www.raveis.com
    /prop/R11161211/4royalpalmway_bocaraton_fl?source=qrflyer
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William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Joseph HartleyInsurance Sales Director, William Raveis Insurance

954.729.6530

Joseph.Hartley@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

4 Royal Palm Way, #6020, Boca Raton, FL, 33432

$2,550

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $2,040 $2,040 $2,040
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $13 $13 $17
Total Monthly Payment $88 $88 $92

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.