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550 SE Mizner Blvd #B209
Boca Raton, FL 33432
Listing courtesy of Savvy Avenue, LLC. Contact: 888-490-1268.
Welcome to Townsend Place, one of Downtown Boca Raton's most prestigious and discrete condominium buildings where elegance meets convenience. Surrounded by tropical landscape you can enjoy resort style living at its finest . This spacious (almost 1600 SF + patio!) condo boasts 1 bedroom and 2 FULL bathrooms with expansive terrace overlooking the pool and golf course. Both Living and BR have access to the oversized terrace. $300k+ remodeling job w/high ceilings, two new bathrooms and kitchen. Custom cabinets, built ins and crown molding throughout make this unit feel like a home, not a condo. Two oversized walk-in closets. Hurricane impact windows. Townsend Place has full-service staff including valet and concierge team providing a five-star resort experience that rivals most luxury hotels. New lobby, 2 fitness centers, new resort quality saltwater pool, hot tub, kiddie pool. Party room, newly renovated clubhouses with card rooms and billiards perfect for entertaining. Walking distance to the beach ,and some of the best shops and restaurants in the world. BBQs, fitness centers, saunas, steam rooms, dog parks, game room, and newly renovated club rooms-- Ideally situated between the famed Boca Raton Resort and the vibrant Royal Palm Plaza shopping area. Just steps to Mizner Park, fine dining and the beach. Building has 10 EV chargers for residents. This is one of the premiere luxury downtown condominium developments in East Boca Raton known for its first class location, tremendous views, and upscale amenities. Townsend Place has undergone a complete transformation over the past two years renovating and beautifying all of the common elements throughout each building inclusive of exterior work, interior lobbies, and all amenities. All furniture negotiable. Title held in LLC-perfect for 1031 exchange investors. No doc required, assumable $650k mortgage at 6.88%, 20 year rate lock, monthly payments $4700. Owner will consider a lease with option to own.
- Principal and interest
- $5,304
- Property tax
- $1,469
- Homeowners insurance
- $658
- HOA
- $1,890
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
This building was built in 2003, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2033. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.











