1040 Banyan Rd #504C, Boca Raton, FL 33432

Key facts

Type

Condo

Year built

1969

HOA fee

$1,528 / month

Property tax

$8,235 (2025)

View

Intracoastal, Ocean, Pool, Water

Waterfront

No

Pets

No pets

Cooling

Ceiling Fans, Electric

Heating

Electric, Radiant

MLS number

B26075230

From the listing

At the Boca Inlet, where the Intracoastal meets the Atlantic, discover one of East Boca's best-kept waterfront secrets. This beautifully updated penthouse-level residence at Newth Gardens offers 2 bedrooms, 2 baths and 1,269 SF in an exceptional location just across from the beach. A dramatic wall of sliding glass opens the air-conditioned living space to ocean and inlet views and coastal breezes. Inside, a neutral palette, oversized tile, natural stone finishes, marble baths, impact windows and a private-entry guest suite create an effortless coastal retreat. Enjoy an Intracoastal-side pool, waterfront green space, barbecue areas and covered parking, all moments from the very best of Boca Raton. Residence 504C is a penthouse-level 2BR/2BA residence offering approximately 1,269 SF with ocean, Boca Inlet and Intracoastal views. Interior features include a neutral coastal palette, oversized tile, natural stone finishes, marble baths, glazed ceilings designed to reflect natural light, impact windows, generous walk-in closets and a kitchen pantry. Expansive stacking glass sliders open the air-conditioned Florida room to the views and coastal breezes, with a shallow covered exterior balcony beyond. The guest suite features its own private entrance, and one assigned covered parking space is located beneath the building. Newth Gardens is an intimate community of approximately 100 residences across three buildings, offering expansive park-like green space, a large pool with ocean and Intracoastal views, outdoor barbecue areas and a clubhouse available for private entertaining. Two-year ownership is required prior to leasing, contributing to an established residential feel. Concrete restoration is nearing completion, with a full exterior painting project anticipated Q4 2026; the community is expected to transition from its traditional pink exterior to a fresh, neutral off-white palette. Association fee is reflected in MLS as a monthly equivalent of $1,528.39; the current regular association assessment is billed quarterly at $4,585.18. Special assessments, if any, are separate. Buyer to verify all association fees, assessments, leasing restrictions, square footage, measurements, features, amenities, parking and planned community improvements directly with the association. Information is deemed reliable but not guaranteed and is subject to errors, omissions and changes without notice.

The text above is the listing description from the MLS, as written by the listing agent.

The building

The Boca Raton market

As of October 20, 2026, the median asking price in Boca Raton is $567,500, or $351 per sq ft, across 1,852 listings for sale. The median listing for sale there has been on the market for 70 days.

Price and status history

Listing date

Sep 11, 2026

Days on market

39

Original list price

$695,000

Price changes

0

From the MLS. RealVista does not show sold prices.

• 
  $625,0002 bd · 2 ba · 1,575 sq ft1040 Banyan Rd #4060 · Newth Gardens Center buildingCharles Rutenberg Realty FTL
• 
  $565,0003 bd · 2 full + 1 half ba · 1,534 sq ft951 De Soto Rd #2300 · Tierra del Mar SouthKeyes Company
• 
  $849,0001 bd · 1 full + 1 half ba · 910 sq ft701 E Camino Real #9g · Boca InletSignature One Luxury Estates LLC