Atlantic Luxury Advisors
550 Mizner #B506 photo 1550 Mizner #B506 photo 2550 Mizner #B506 photo 3550 Mizner #B506 photo 4550 Mizner #B506 photo 5

30 photos

550 Mizner #B506

Boca Raton, FL 33432

$959,000
1
1.5
1,580 sq ft
2003
1 car
Condominium
$1,944/mo
Yes
39
Active

Listing courtesy of Compass Florida LLC (Tinka Ellington). Contact: [email protected].

About this home

Experience spacious, sophisticated living at Townsend Place with this rarely available 1-bedroom, 1.5-bath residence offering nearly 1,600 square feet of beautifully designed living space—an exceptional find in one of downtown Boca Raton's premier addresses. The expansive floor plan offers generous living and entertaining areas, complemented by a large private terrace ideal for enjoying South Florida's year-round lifestyle. Additional conveniences include an in-unit washer/dryer, dedicated storage unit, bike storage and one private, garage parking spot included. Enjoy the ease of a truly walkable lifestyle, just moments from Mizner Park, acclaimed dining, upscale shopping, entertainment, and the beach. Townsend Place offers full-service luxury with a doorman, concierge, valet parking, resort-style pool, fitness center, sauna, and more. With remarkable square footage, luxury amenities, and an unbeatable downtown location, this residence represents an outstanding opportunity to enjoy the very best of Boca Raton living.

Virtual tour
What it costs to own
Estimated monthly payment
$8,731/mo
Principal and interest
$4,849
Property tax
$1,338
Homeowners insurance
$600
HOA
$1,944

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.

Florida cost of ownership
Estimated property tax
$16,058/yr

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.

HOA
$1,944/mo (from the listing)
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone C: ordered to evacuate for Category 2 hurricanes and stronger.

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.

Location

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. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.