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Boca Bayou Condo #5

2 ROYAL PALM WAY #5, Boca Raton, FL 33432
Building file last updated 2026-07-06 · How we research buildings
1971
YEAR BUILT
162
UNITS
$235,000-$650,000 (median listing ~$369,000)
RECENT SALES

Boca Bayou Condo #5 is one of 27 low-rise buildings (3 to 6 stories) within the larger 721-unit Boca Bayou waterfront community in East Boca Raton, built in 1971 along the Intracoastal Waterway's canals. This building's association covers 162 units within the shared community, which offers five pools, two gyms, tennis and pickleball courts, and 24-hour gated security. Units generally run 800 to 1,500 square feet, with many remodeled since the original 1970s-90s construction.

What our building intelligence file shows

This building is in our statewide file. When you order, we run a fresh scan across 14 risk categories — inspections, assessments, structural condition, litigation, insurance and more. Your report shows what public records revealed, and just as important, what they couldn't — so you know exactly what to verify before you make an offer. Delivered within 24 hours.

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Researched fresh for your purchase from state, county and city records, court dockets, and live market data. Delivered within 24 hours — usually much sooner.
Buying a specific unit? Add the Unit & Price Analysis (+$5): is the asking price fair? We position it against the building's recent sales and estimate your true monthly cost of ownership — HOA, known assessments, and taxes — for your unit.

Amenities at Boca Bayou Condo #5

5 pools2 gymsdry saunaputting greentennis courtspickleball courtsnew clubhouse (recently opened/opening)24-hour gated security

Frequently asked questions

How much do condos at Boca Bayou Condo #5 cost?

Recent listings at Boca Bayou Condo #5 range around $235,000-$650,000 (median listing ~$369,000), with about 25 units actively for sale as of the last research date.

What is the pet policy at Boca Bayou Condo #5?

Publicly reported pet policy: No pets. Confirm current rules with the association before purchasing.

How old is Boca Bayou Condo #5?

Boca Bayou Condo #5 was built in approximately 1971 with 162 units.

What is the building inspection status at Boca Bayou Condo #5?

Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.

Why Florida condo buildings need a closer look

When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.

In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.

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Nearby in Boca Raton: Berkeley Square · Atlantic Cloisters · Palm Royal Apartments · Boca Inlet · Boca Verde · All Boca Raton condos