$160,000
●
Condo -
Off Market
22065 Palms Way #103
Boca Raton, FL 33433
2 Beds
2 Baths
958 Ft²
$257,540
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Best location in Boca Raton!Best School district! Desirable and a
well maintained community. This beautiful waterfront 2 bed 2 bath
condo with newer floors and updated bathrooms, first floor unit
with a nice size porch over looking the water. Close to shopping,
dining at Palms Plaza At Boca Del Mar, Shops At Boca Raton, close
to Town Center Mall, YMCA and walking distance to places of
worship. Short walk to Parque Placido and less than two miles to
Sugar Sand Park. This unit will not last!!! If you want your kids
to go to the best schools in boca then this is it!!
Unit Size
958 Ft²
Days on Market
22 days
Land Size
4.35 acres
Price per sqft
$177
Property Type
Condo
Property Taxes
$70
HOA Dues
$305
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Beaches MLS #R10437560)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2018 | Sold | ||
| Sold | |||
| Jun 6, 2018 | Listed by Florida's Best Realty Services | $169,900 | |
| Listed by Florida's Best Realty Services | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Guest
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Eat-in Kitchen, Storage, Walk-In Closet(s), FamilyDiningRoom, MainLevelPrimary, SplitBedrooms, SeparateShower, TubShower
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Water Heater, Washer
Flooring Type: Ceramic Tile, Laminate
Laundry Features: Inside, Laundry Closet
Exterior Details
Has Property Attached
Square Footage: 958
Security Features: Security System Owned, Security System
Property Condition: Resale
Architectural Style: Other
Year Built: 1985
Waterfront Features: Lake Front
Building Name: 8
Building Area Total: 958
Levels: Multi/Split
Window Features: Sliding
Construction Materials: Block
Patio and Porch Features: Patio, Screened
Pool Features: Association
Lot Features: OneToTwoAcres, SprinklersAutomatic
Lot Size Area: 189486
Lot Size Units: Square Feet
Lot Size Acres: 4.35
Lot Size Square Feet: 189486
Water Source: Public
Financial Details
Tax Annual Amount: $841
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water, CommonAreas, RecreationFacilities
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Pool, Spa/Hot Tub
HOA Fee: $305
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/03/2025
|
2 Bed
|
2 Bath
|
958 ft²
|
$295,000
2 Bed
2 Bath
958 ft²
|
$253,000
-14.24%
06/02/2025
|
Lawrence A Mastropieri
FloridaHomesBocaRaton.com
| |
|
05/30/2023
|
2 Bed
|
2 Bath
|
958 ft²
|
$300,000
2 Bed
2 Bath
958 ft²
|
$305,000
+1.67%
06/23/2023
|
Michael Kazdin
Keller Williams Realty Boca Raton
| |
|
06/06/2018
|
2 Bed
|
2 Bath
|
958 ft²
|
$169,900
2 Bed
2 Bath
958 ft²
|
$160,000
-5.83%
06/28/2018
|
Christopher Oscar Tapia
Compass Florida LLC
| |
|
09/14/2015
|
2 Bed
|
2 Bath
|
958 ft²
|
$135,000
2 Bed
2 Bath
958 ft²
|
$130,000
-3.70%
11/02/2015
|
Michael Kazdin
Keller Williams Realty Boca Raton
|
Building Info
About Boca Del Mar
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Listed by: Christopher Oscar Tapia
Florida's Best Realty Services
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10437560
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Florida's Best Realty Services
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10437560
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