Residence B402 presents the ideal open layout for a dream vacation home. Situated in the heart of downtown Boca Raton at Townsend Place, one of East Boca Raton's most established private condominium communities. Perched on the fourth floor, the home sits amid the Palm Trees overlooking the Townsend Place outdoor amenities. The oversized terrace sets the stage for a classic home with modern upgrades.
A large central great room is framed by floor to ceiling glass doors that bring in morning sun and extend the interior outward. The updated kitchen with simple crisp white cabinetry opens to a dining and lounge area that borders the terrace, featuring spectacular views of the resort-style pool deck, with The Boca Raton golf course beyond. The split layout feature two large bedroom suites offering privacy and comfort. Plus, an expanded bonus room with French doors can serve as a office, media room, or an extra guest bedroom.
Throughout, the residence the finishes remain clean and uncomplicated, allowing the new owner to shape the home to their own aesthetic or buy it fully furnished and turnkey.
What distinguishes life at Townsend Place is the building's perfect combination of a discrete yet luxury community. A 24-hour a day staffed gate ensures a private experience. The full-service staff including a valet and concierge team available for all the residences needs, providing a five-star resort experience that rivals most luxury hotels. Amenities include a manicured pool deck, access to two well-equipped fitness centers, spa areas with steam and sauna, and interior club lounges and card rooms, perfect for entertaining or casual gatherings with neighbors. Fostering a sense of community.
The surrounding area is at the center of the evolving downtown Boca Raton culture. The neighborhood has grown into a walkable enclave with a sophisticated but relaxed rhythm, where daily errands, coffee, dinner, or a morning at the ocean require little more than stepping outside the gate. From this address, you can move easily between the beach, waterfront parks and walking trails, Mizner Park's abundant music, entertainment and dining options, and the boutiques, design shops and salons popping up at Royal Palm Plaza, down Palmetto Park Road and into the surrounding neighborhood. The outdoor sports options are endless. From waterfront golf to paddle boarding, walking, biking and even kayaking or boating on the Intracoastal and in Lake Boca, East Boca has it all.
This modern and bright home provides a retreat at one of the leading Boca Raton communities and the perfect backdrop for an active downtown lifestyle.
All furniture negotiable. Artwork not included.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2026 by the listing company. All Rights Reserved.
For sale
Price cut: $250K (1/23)
$1,200,000
550 SE Mizner Boulevard #B402, Boca Raton, FL 33432
2beds
1,986sqft
Est.:
Condominium
Built in 2003
-- sqft lot
$-- Zestimate®
$604/sqft
$2,465/mo HOA
What's special
- 111 days |
- 446 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: March 13, 2026 at 01:58pm
Listed by:
Caryn Nadler 917-359-7731,
Premier Estate Properties, Inc
Source: BeachesMLS,MLS#: R11143924
Originating MLS: BeachesMLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 313.6
- Dimensions: 22.4 X 14
Bedroom 2
- Area: 193.2
- Dimensions: 16.1 X 12
Den
- Area: 128.64
- Dimensions: 13.4 X 9.6
Dining room
- Area: 96
- Dimensions: 12 X 8
Kitchen
- Level: Main
- Area: 125
- Dimensions: 12.5 X 10
Living room
- Level: Main
- Area: 457.5
- Dimensions: 30.5 X 15
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Cooktop, Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Microwave, Oven, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
Features
- Built-in Features, Closet Cabinetry, Entrance Foyer, Living/Dining Room, Split Bedrooms, Storage, Separate Shower, Tub Shower, Walk-In Closet(s)
- Flooring: Marble, Vinyl
- Windows: Sliding, Storm Window(s)
Interior area
- Total structure area: 1,986
- Total interior livable area: 1,986 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Circular Driveway, Covered, Garage, Garage Door Opener, Guest
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Entry location: Entry Level Living Area Y
- Patio & porch: Covered, Balcony
- Exterior features: Balcony, Outdoor Living Area
- Has private pool: Yes
- Pool features: Association
- Has spa: Yes
- Spa features: In Ground
- Has view: Yes
- View description: Golf Course, Pond, Pool
- Has water view: Yes
- Water view: Pond
- Waterfront features: None
Lot
- Features: On Golf Course
Details
- Parcel number: 06434729490024020
- Zoning: DDRI(c
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Colonial
- Property subtype: Condominium
Materials
- Block
- Roof: Spanish Tile
Condition
- Resale
- New construction: No
- Year built: 2003
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Gated, Property Manager On-Site
- Security: Security System, Closed Circuit Camera(s), Fire Alarm, Gated with Guard, Gated Community, Lobby Secured, Smoke Detector(s), Security Guard
- Subdivision: TOWNSEND PLACE CONDO
HOA
- Has HOA: Yes
- Amenities included: Bike Storage, Clubhouse, Fitness Center, Pool, Parking, Sauna, Storage, Trash, Elevator(s)
- Services included: Common Areas, Cable TV, Hot Water, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water
- HOA fee: $2,465 monthly
- HOA phone: 561-393-7667
Location
- Region: Boca Raton
Financial & listing details
- Price per square foot: $604/sqft
- Tax assessed value: $936,560
- Annual tax amount: $16,762
- Date on market: 3/13/2026
- Cumulative days on market: 105 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Listed for sale | $1,200,000$604/sqft |
Source: | ||
| 3/10/2026 | Pending sale | $1,200,000$604/sqft |
Source: | ||
| 1/23/2026 | Price change | $1,200,000-17.2%$604/sqft |
Source: | ||
| 11/28/2025 | Listed for sale | $1,450,000-12.1%$730/sqft |
Source: | ||
| 3/31/2025 | Listing removed | $1,650,000$831/sqft |
Source: | ||
| 9/18/2024 | Listing removed | $11,000$6/sqft |
Source: BeachesMLS #R11005236 Report a problem | ||
| 8/10/2024 | Price change | $1,650,000-7%$831/sqft |
Source: | ||
| 7/18/2024 | Listed for rent | $11,000$6/sqft |
Source: BeachesMLS #R11005236 Report a problem | ||
| 3/9/2024 | Listed for sale | $1,775,000+51.7%$894/sqft |
Source: | ||
| 12/12/2023 | Sold | $1,170,000-10%$589/sqft |
Source: | ||
| 10/26/2023 | Listed for sale | $1,300,000+51.2%$655/sqft |
Source: | ||
| 7/19/2006 | Sold | $860,000+97.7%$433/sqft |
Source: Public Record Report a problem | ||
| 6/4/2003 | Sold | $435,000$219/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $16,195 +80.3% | $936,560 +69% |
| 2023 | $8,982 +0.1% | $554,024 +3% |
| 2022 | $8,976 +0.5% | $537,887 +3% |
| 2021 | $8,930 +1.4% | $522,220 +1.4% |
| 2020 | $8,803 +1.1% | $515,010 +2.3% |
| 2019 | $8,711 | $503,431 +1.9% |
| 2018 | $8,711 +5.3% | $494,044 +2.1% |
| 2017 | $8,273 +0.7% | $483,882 +2.1% |
| 2016 | $8,213 -0.1% | $473,929 +0.7% |
| 2015 | $8,222 -2.8% | $470,635 +0.8% |
| 2014 | $8,461 +1.3% | $466,900 +1.5% |
| 2013 | $8,356 -6% | $460,000 -4.2% |
| 2012 | $8,885 -1.2% | $480,000 |
| 2011 | $8,988 -3.3% | $480,000 -3% |
| 2010 | $9,292 -14.2% | $495,000 -16.8% |
| 2009 | $10,825 -2% | $595,000 -10% |
| 2008 | $11,047 -9.1% | $661,000 -6.9% |
| 2007 | $12,153 -0.9% | $710,000 +11.8% |
| 2006 | $12,259 | $635,000 +25.7% |
| 2005 | -- | $505,000 +23.2% |
| 2004 | $4,560 | $410,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$10,098/mo
Principal & interest
$5893
HOA Fees
$2465
Property taxes
$1740
More affordability tools
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 7/10Boca Raton Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 8/10Boca Raton Community Middle SchoolGrades: 6-8Distance: 2 mi
- 6/10Boca Raton Community High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Boca Raton
- Middle: Boca Raton Community
- High: Boca Raton
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 33432
- Florida
- Palm Beach County
- Boca Raton
- 33432
- Downtown
- 550 SE Mizner Boulevard Unit B402







