Boca Bayou

20 Royal Palm Way # 503, Boca Raton FL 33432

2 beds · 2 baths · 1,095 ft²

For Sale · Active Listing

$5,500

Est. Payment $29/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,095

Sq. Ft.

1980

Year Built

6

Stories

101

Days on Market

Description

Waterfront seasonal rental in a prime SE Boca Raton location, steps from downtown. This beautifully renovated open-concept condo offers peaceful water views and a fresh, modern interior. The stunning new kitchen features quartz countertops and premium appliances, while updated spa-inspired baths and designer fixtures add a touch of luxury throughout. In-unit laundry included. Resort-style community amenities include five heated pools, tennis courts, and 24/7 security. Ideally situated across from Hillsboro El Rio Park with easy access to pristine beaches, Mizner Park, championship golf, and the Brightline station. Available for a 4-month minimum. Turnkey, tastefully appointed, and ready to impress the most discerning seasonal tenant.

Facts

MLS#
B26003745
Subdivision
Boca Bayou
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1980
Lot Size
0 acres
Sq. Ft.
1,095 ft²
Sq. Mt.
102 m²
Price per sq. ft.
$5/ft²
Price per sq. mt.
$54/m²
Stories
6
Garage
Pool
Private
Days on Market
101 days
Listed
Mar 18, 2026
Last Updated
Jun 27, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Boca Raton

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

55

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/18/2026Listed for sale$5,500

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

20 Royal Palm Way # 503, Boca Raton FL 33432Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$18,333

gross income / month to qualify

Monthly rent$5,500
Required annual income$220,000
Security deposit (est.)$5,500
Move-in cost (1st + last + security)$16,500

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated 13 hours ago

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