Boca Raton condos for sale

Buying a condo in Boca Raton

Boca Raton has 918 condos for sale today, about half of its 1,857 homes for sale.

Three kinds of condo

Downtown, around Mizner Park, has newer mid-rise buildings. Tower 155, a 13-floor building from 2020, has a median asking price of $1,625,000, or $966 per sq ft. Palmetto Place, from 2003, asks $839,500.

On the ocean side, older buildings line A1A. San Remo Club, a 5-floor building from 1967, asks $549,000. Boca Towers, from 1972, asks $599,000, and Sea Ranch Club II, from 1990, asks $1,175,000.

West of the city are large garden-style complexes with Boca Raton addresses, some of them outside city limits. Isle of Sandalfoot, a 4-floor complex from 1975 in ZIP 33428, asks about $193,000, or $214 per sq ft. Some communities are age-restricted for people 55 and older; read the age rules in the documents.

Building height changes the rules

Florida's milestone inspections and structural reserve studies (SIRS) apply to condo buildings of 3 or more stories (Florida Statutes 553.899). Some Boca condos are in 1- or 2-story buildings. There these rules do not apply, and owners can still vote to waive reserves. That can keep fees low, but it can also leave less money for a new roof. Ask for the budget and the reserve balance in every building, and search the state SIRS database for taller ones. We found no county-wide recertification program in Palm Beach County like Miami-Dade's, so ask the city's building department for inspection records.

City limits, flood and taxes

A Boca Raton address does not always mean the City of Boca Raton. Inside or outside the city, flood policies get a 25% FEMA discount here, because both the city and Palm Beach County have a Class 5 rating. Check the flood zone on the county map. The city and the county set different tax rates, so ask the Property Appraiser for an estimate at the exact address.