550 SE Mizner B506 Boulevard B506, Boca Raton, FL 33432

$800,000
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 1,580 Status: Closed
Current Price: $800,000 List Date: 10/17/2024 Last Modified: 8/11/2026

Overview

Description

Best Value in Downtown Boca Raton! This is your chance to live large at Townsend Place—a rarely available 1-bedroom, 1.5-bath residence with nearly 1,600 sq. ft. of sophisticated space in the heart of downtown Boca. Enjoy unbeatable walkability to Mizner Park, top restaurants, shopping, and the beach—all just steps from your door. The building offers full-service luxury with a doorman, concierge, valet, resort-style pool, fitness center, sauna, and more. Additional perks include a billiards room, expansive terrace, oversized laundry room, bike storage, and dedicated storage unit. This is the best value for square footage in a premier downtown location—don't miss it!

Listing Details MLS# R11029174

General Property Information

Number Of Units In Community
196
Total Units In Building
98
Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
2
Bathrooms Full
Yes
Bathrooms Half
Yes
Building Area Main
1580
Building Area Source
Public Records
Living Area Main
1580
Year Built
2003
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
Yes
Lot Size Area
120
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
9
Direction Faces
East
Pool Private YN
No

Property Features

Application Information: Personal Interview Required Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Maintenance Grounds; Pest Control; Recreation Facility; Security; Sewer; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen; Snack Bar/Counter Flooring: Carpet; Ceramic Tile Parking Features: Assigned; Under Building; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Refrigerator; Washer; Water Heater; Cooktop Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: Central Interior Features: Pantry; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Laundry Tub Listing Terms: Cash; Conventional Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Restrictions: Buyer Approval Required; Lease Restrictions; Parking - No Commercial Vehicles; Parking Restrictions Road Frontage Type: East of US-1 Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Gated with Guard; Lobby - Attended; Security Patrol; Security System; Smoke Detector(s) Tax Information: City/County Unit Description: Interior Hallway Utilities: Cable Available; Water Available View: Garden; Golf Course Water Access: None Water Source: Public Showing Requirements: Appointment Only; Listing Agent Must Accompany; Schedule Online Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered Contingencies: Inspection Room Types: Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
999000
Negotiable Seller Concessions YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
550
Street Direction Prefix
SE
Street Name
Mizner B506
Street Suffix
Boulevard
Unit Number
B506
City Name
Boca Raton
State Or Province
FL
Postal Code
33432
Postal Zip
33432
Subdivision Name
TOWNSEND PLACE CONDO
Development Name
TOWNSEND PLACE
Area
4260
Geographic Area
PB02
Elementary School
Boca Raton
Middle Or Junior School
Boca Raton Community
High School
Boca Raton
Special Assessment YN
No
Parcel Number
06434729490025060
Zoning
res
Directions
Mizner Blvd to Townsend Place gated entrance. Building is on the right hand side after gate.
Building Name
550

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1893.03
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
5676.12
Tax Year
2023
Tax Legal Description
TOWNSEND PLACE CONDOMINIUM UNIT B-506

Status Change Information

Major Change Timestamp
2025-09-23T19:45:10Z
Major Change Type
Status Change
Price Change Timestamp
2025-05-07T15:52:56Z
Status Change Date
2025-09-23
Under Contract Date
2025-09-03
Close Date
2025-09-23
Close Price
800000
Buyer Financing
Cash

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
Yes

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Storm Protection

Impact Glass
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
506.32
Original List Price To Close Price
1.24

Originating Details

Originating System Key
20240930190639103562000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 25.00 16.00 Main
Kitchen 12.00 15.00 Main
Master Bedroom 18.00 14.00 Main
Laundry
IDX
Listing Office: Compass Florida LLC
Source MLS Verified
Last Updated: August - 11 - 2026
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