1040 Banyan Road 501c, Boca Raton, FL 33432

$625,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,875 Status: Closed
Current Price: $625,000 List Date: 8/05/2025 Last Modified: 8/12/2026

Overview

Description

Rarely available 3-bedroom, top-floor, corner condo with direct views of the Boca Raton Inlet. Impact windows, washer & dryer in unit, tankless water heater, A/C 2018, newer stainless steel LG kitchen appliances. Perfect opportunity for a buyer to update the rest of the condo to their own style.

Listing Details MLS# R11093142

General Property Information

Total Units In Building
33
Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Building Area Main
1875
Building Area Source
Plans
Living Area Main
1875
Year Built
1969
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Senior Community YN
No
Stories Total
Yes
Direction Faces
West
Pool Private YN
No
Furnished
Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Water Electric: Three Phase Flooring: Wood Parking Features: Assigned; Under Building; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split; Storage; Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Negotiable Restrictions: Buyer Approval Required Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County; Homestead Exemption Unit Description: Corner/End Unit Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Water View: Intracoastal; Ocean Showing Requirements: Schedule Online Contingencies: Other Concessions Detail: Other Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
725000
Negotiable Seller Concessions YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1040
Street Name
Banyan
Street Suffix
Road
Unit Number
501c
City Name
Boca Raton
State Or Province
FL
Postal Code
33432
Postal Zip
33432
Subdivision Name
NEWTH GARDENS CONDO
Development Name
Newth Gardens
Area
4170
Geographic Area
PB01
Elementary School
Boca Raton
Middle Or Junior School
Boca Raton Community
High School
Boca Raton
Special Assessment YN
No
Parcel Number
06434729200005010
Zoning
R3C(ci
Directions
Camino Real east of intracoastal to Banyan Road. South to Newth Gardens on east side.

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1375
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
(561) 391-5262
Membership Fee Required YN
No
Tax Annual Amount
5474.38
Tax Year
2024
Tax Legal Description
NEWTH GARDENS C CONDOMINIUM APT 501-C

Status Change Information

Major Change Timestamp
2025-10-10T17:36:47Z
Major Change Type
Status Change
Price Change Timestamp
2025-06-23T11:44:41Z
Status Change Date
2025-10-10
Under Contract Date
2025-09-04
Close Date
2025-10-10
Close Price
625000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Short Sale Details

Short Sale Addendum
No

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
3

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
180

Storm Protection

Impact Glass
Complete

Concessions

Seller Concessions
Yes
Seller Concessions Amount
5000

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
333.33
Original List Price To Close Price
1.16

Originating Details

Originating System Key
20250520191849748079000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 14.00 19.00 Main
Kitchen 8.00 14.00 Main
Master Bedroom 12.00 16.00 Main
IDX
Listing Office: Compass Florida LLC
Source MLS Verified
Last Updated: August - 12 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.