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7986 Palacio Del Mar Drive, Boca Raton, FL, 33433

2beds
2baths
1,775sqft
$769,000
$433price/sqft
$6,161/moest. monthly cost
$246,440/yrincome needed

About This Home

Palacios is a gated community consisting of approximately 32 homes located on Montoya Circle. This house consists of two large master bedroom suites with each having its own master bath and updated vanities. There is laminate wood flooring and tile flooring throughout the home. The kitchen has been remodeled totally a few years ago, consisting of stainless steel appliances, double stainless sink, granite, countertops, backsplash, and white cabinetry throughout. The private backyard is enclosed with a high screen enclosure and swimming pool. The roof is covered by the homeowners association. This community is very private and peaceful located near great shopping near main roads and a top school district

Getting Around

17
WalkingCar-Dependent
19
TransitMinimal Transit
34
BikeSomewhat Bikeable

Schools

10/10
8/10
9/10
Omni Middle SchoolGrades 6-84.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1988

Materials

  • Roof: Spanish Tile
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Villa

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Water Heater,Washer
  • Laundry features: Inside

Bedroom2

  • Level: First
  • Area: 240
  • Dimensions: 16 X 15

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: First
  • Area: 150
  • Dimensions: 15 X 10

Features

  • Bathtub,Cathedral Ceiling(s),Dual Sinks,Living/Dining Room,Multiple Primary Suites,Multiple En Suite Bathrooms,Split Bedrooms,Soaking Tub,Separate Shower,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Blinds,Sliding
  • Flooring: Ceramic Tile,Laminate

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,254
  • Total interior livable area: 1,775 sqft

Kitchen

  • Level: First
  • Area: 150
  • Dimensions: 15 X 10

Living Room

  • Level: First
  • Area: 315
  • Dimensions: 21 X 15

Master Bedroom

  • Level: First
  • Area: 234
  • Dimensions: 18 X 13

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 00424728170000200
  • Zoning: AR
  • Special condition: Standard,Listed As-Is

Features

  • Levels: One
  • Stories: 1
  • Entry location: living room
  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Covered,Patio,Screened
  • Exterior features: Outdoor Living Area
  • Has view: Yes
  • View description: Garden,Pool
  • Waterfront features: None

Lot

  • Lot size: 3,184 sqft
  • Features: < 1/4 Acre

Parking

  • Total spaces: 4
  • Parking features: Attached,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,888$46,656
Home Insurance *$896$10,752
Property Taxes $1,180$14,160
Electricity $197$2,366
Total$6,161$73,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$211,234/yr
40% on housing$184,830/yr
45% on housing$164,293/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$433This listing

vs Other Active Listings

Avg $/sqft

ZIP 33433$293
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33433$362
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-14Listed for sale$769,000
2019-08-05Sold$385,000
2019-05-29Listed for sale$450,000
2005-04-08Sold$342,500

For Sale by Agent

AgentMitchell S Stiel
BrokerageEleanor Ager Realty Inc.

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