25
Map
$250,000
●
Condo -
Off Market
22159 Palms Way #201
Boca Raton, FL 33433
2 Beds
2 Baths
958 Ft²
$278,768
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
MUST SEE Beautifully Updated 2/2 Second Floor All Age
Condo. Conveniently Located In The Heart Of Boca Del Mar.
Immaculate & Meticulous Maintained. Sought After Light &
Bright Corner Location. Dramatic Vaulted Ceilings . Brazilian
Cherry Laminate Floors Throughout With Tile Floors In Kitchen &
Baths. Thomasville Solid Wood Kitchen Cabinets With
Stone Counters and Glass Back Splash. LED Ceiling Lighting.
OVER $90,000 In DOCUMENTED UPGRADES & EXTRAS !!
Screened Patio. Accordion Shutters Throughout. Well
Maintained Community & Very Reasonable Monthly Maintenance
That Includes Basic Cable, Water, Exterior & Roof Maintenance +
Building Insurance.
Unit Size
958 Ft²
Days on Market
45 days
Land Size
-
Price per sqft
$261
Property Type
Condo
Property Taxes
$72
HOA Dues
$310
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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: 3 months ago (Beaches MLS #R10750117)
Price History
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Assigned, Guest, Open
Interior Details
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Pantry, Vaulted Ceiling(s), Walk-In Closet(s), LivingDiningRoom, SeparateShower, StackedBedrooms
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Flooring Type: Ceramic Tile, Laminate
Laundry Features: Washer Hookup, Inside, Laundry Closet, DryerHookup
Rooms: 5
Exterior Details
Has Property Attached
Square Footage: 958
Property Condition: Resale
Year Built: 1985
Waterfront Features: None
Building Area Total: 958
Construction Materials: Block
Patio and Porch Features: Patio, Screened
Pool Features: Association
Water Source: Public
Financial Details
Tax Annual Amount: $870
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Grounds, Trash, Water, CommonAreas
HOA/Condo/Coop Amenities: Pool, Spa/Hot Tub
HOA Fee: $310
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 |
|---|---|---|---|---|---|---|---|
|
05/25/2025
|
2 Bed
|
2 Bath
|
958 ft²
|
$325,000
2 Bed
2 Bath
958 ft²
|
$296,400
-8.80%
09/02/2025
|
Martha Vasquez
RE/MAX Advantage Plus
| |
|
12/11/2022
|
2 Bed
|
2 Bath
|
958 ft²
|
$315,000
2 Bed
2 Bath
958 ft²
|
-
-
|
Martha Vasquez
RE/MAX Advantage Plus
| |
|
10/05/2021
|
2 Bed
|
2 Bath
|
958 ft²
|
$250,000
2 Bed
2 Bath
958 ft²
|
$250,000
11/29/2021
|
Valerie Selby
Keller Williams Realty Service
| |
|
06/01/2021
|
2 Bed
|
2 Bath
|
958 ft²
|
$189,000
2 Bed
2 Bath
958 ft²
|
$195,000
+3.17%
07/15/2021
|
Claudia Sentinelli
United Realty Group, Inc
| |
|
02/11/2021
|
2 Bed
|
2 Bath
|
958 ft²
|
$225,000
2 Bed
2 Bath
958 ft²
|
$207,500
-7.78%
04/15/2021
|
Brianne Fearon Lowe
Keller Williams Realty Boca Raton
| |
|
03/01/2019
|
2 Bed
|
2 Bath
|
958 ft²
|
$165,000
2 Bed
2 Bath
958 ft²
|
$158,000
-4.24%
05/30/2019
|
Pascal Van Der Kamp
Coldwell Banker/ BR
| |
|
04/08/2018
|
2 Bed
|
2 Bath
|
1000 ft²
|
$165,000
2 Bed
2 Bath
1000 ft²
|
$178,500
+8.18%
10/19/2018
|
Michael Kazdin
Keller Williams Realty Boca Raton
| |
|
01/09/2017
|
2 Bed
|
2 Bath
|
958 ft²
|
$199,900
2 Bed
2 Bath
958 ft²
|
$187,500
-6.20%
05/26/2017
|
Roselene A Marsal
Realty Home Advisors Inc
| |
|
03/29/2016
|
2 Bed
|
2 Bath
|
958 ft²
|
$129,000
2 Bed
2 Bath
958 ft²
|
$120,000
-6.98%
06/01/2016
|
Michael Kazdin
Keller Williams Realty Boca Raton
| |
|
07/06/2015
|
2 Bed
|
2 Bath
|
958 ft²
|
$105,000
2 Bed
2 Bath
958 ft²
|
$106,500
+1.43%
08/21/2015
|
Steve Modica
Real Estate Home Sales Inc
| |
|
04/04/2015
|
2 Bed
|
2 Bath
|
958 ft²
|
$125,000
2 Bed
2 Bath
958 ft²
|
$122,000
-2.40%
07/22/2015
|
Michael Kazdin
Keller Williams Realty Boca Raton
| |
|
08/19/2012
|
2 Bed
|
2 Bath
|
958 ft²
|
$87,000
2 Bed
2 Bath
958 ft²
|
$82,000
-5.75%
10/25/2012
|
Martha Vasquez
RE/MAX Advantage Plus
|
Building Info
About Boca Del Mar
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Listed by: Valerie Selby PA
Keller Williams Realty Service
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10750117
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.
Keller Williams Realty Service
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10750117
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