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Condos For Sale In Boca Raton, FL
Boca Raton, or just "Boca," sits on Florida's sunny eastern coast and is a premier destination for condo buyers looking to settle into a relaxed, beachy lifestyle. Boca Raton boasts a charming, walkable downtown filled with art, culture, nightlife, events, and various attractions like parks, nature trails, golf courses, and white-sand beaches. If you're looking for real estate in Florida, numerous complexes and communities offer Boca Raton condos for sale.
Boca Raton, FL Condo Market
Boca Raton is one of the hottest spots for real estate in Florida, and the condo market offers a particularly savvy buying or investment choice. The Boca Raton condominium marketplace experienced a significant upsurge in the last months of 2022. The median sales price escalated 14.9% annually to $339K, the third greatest on record and 54.1% above pre-pandemic figures. The area’s average price per square foot is $315. These numbers correspond to standard condos for sale in Boca Raton.
Recent reports show that the condo listing inventory in Boca Raton declined for the first time in seven quarters. Add the growing prices and high demand, and you get the typical signs of a flourishing seller’s market. By the end of 2022, there were only 2.5 months of supply available for potential condo buyers in the city. The median days on the market for a standard condo in Boca Raton is 29 days.
According to neighborhoodscout.com, about 45.6% of all real estate in Boca Raton are condos, many of them of old construction (between the ‘70s and the ‘90s), but buyers can find plenty of new construction as well, particularly in the luxury market.
Many young homebuyers and investors look for Boca Raton condos for sale to use as primary residences or rental properties. The area is also popular among senior downsizers and snowbirds searching for their dream vacation property close to the beach and upscale amenities.
Luxury Condos In Boca Raton, Florida
The prolific market of luxury condos for sale in Boca Raton has a median price of $1.1M and units spend approximately 43 days on the market. At the moment, Boca Raton real estate agents have around six months of inventory to work with. The average price per square foot for luxury units is $608.
The main difference between standard and luxurious condos in Boca Raton lies in the sizes and designs of the units and other factors like features, finishes, appliances, and of course, the amenities available.
Luxury condos in Boca Raton often include top-of-the-line comforts such as resort-style pools, fitness studios, year-round beach entry, hair salons, lounges, play zones, and more. The open views of the Atlantic Ocean are also standard in this residential option.
Boca Raton Neighborhoods For Condo Buyers
Downtown Boca Raton
Downtown Boca, the heart of the city, provides an urban lifestyle full of activities, entertainment and modern living at its best. It is one of the premier destinations to purchase condos for sale in Boca Raton. Moving to this neighborhood means living close to the beach, top-notch restaurants, boutiques, great nightlife and tons of sports and leisure options.
Boca Raton condos for sale in the downtown area range from studio units priced at $249K to luxurious pet-friendly units with rooftop pools, gym, and concierge costing $1M and up. Some penthouses have multi-million dollar price tags as well.
Boca Pointe
Nestled just outside the city of Boca Raton, Florida, lies 1,000 luxurious acres that make up the master-planned community of Boca Pointe. Situated on scenic Palm Beach County's southernmost shoreline, this area is brimming with amenities (including The Club at Boca Pointe) and surrounded by beauty.
The Boca Raton condos for sale in Boca Pointe are distributed across a group of villages and sell for a median price of $529K. Even though Boca Pointe is not close to the ocean, condo buyers can expect modern, well-equipped units with gorgeous canal and golf course views.
Boca Del Mar
With a growing population of over 21K, the extensive community of Boca Del Mar is on the southern side of the city and offers stunning Boca Raton condos for sale, most of them in low-rise buildings close to well-maintained parks and top-notch golf courses, including Via Mizner Golf & City Club and Boca Grove Golf Course.
Residents in this vibrant area live within walking distance of several shopping areas and enjoy easy access to the beach and plenty of recreational activities in downtown Boca Raton. Condos for sale in Boca Del Mar range between $415K and $875K.
Boca Raton Condo Sampler
Alina Residences Boca Raton
Immersed in nine acres of luscious gardens between the Boca Raton Resort & Club and Southeast Mizner Boulevard, Alina Residences offers a tranquil atmosphere enriched by an abundance of resort-style amenities. The complex is divided into two different living options: Alina 210 and Alina 220, offering spacious residences, penthouses, and villas.
These units include expansive private balconies, top terraces, pools, and summer kitchens, and they come in over 80 different floor plans ranging from 1,400 to 5,400 square feet. Alina Residences condos are available at various prices, with values starting from $1.7M and extending to over $6M.
Mizner Tower Condominiums
Situated on the lush grounds of the Boca Raton Resort and Club, this eight-story building was constructed in 1989 and boasts 136 magnificent residences. Condos for sale in Mizner Tower are mostly two and three-bedroom units ranging from 2,000 to 2,900 square feet.
At Mizner Tower, you can experience awe-inspiring vistas of Downtown Boca Raton, the Atlantic Ocean, Lake Boca Raton, and the Intracoastal Waterway from generous wrap-around balconies or sprawling terraces. And realize a golfer's dream by overlooking the picturesquely landscaped golf course at The Boca Resort.
Units in this luxurious complex include marble flooring, custom walking closets, unique interior design, and top-notch appliances. The median price for a Mizner Tower condo is $2.1M.
327 Royal Palm
Downtown Boca Raton is home to 327 Royal Palm, a breathtaking luxury boutique condo building with distinctive style and sophistication. This Boca Raton condo complex has 24 ultra-luxurious, contemporary-design residences offering from 3,177 to 3,500 square feet of living space with options for three-bedroom with open floor plans and high-end features such as access elevator entry, spa-inspired designer baths, and marble tile flooring.
On-site amenities include a rooftop deck and lounge seating area with an infinity-edge swimming pool, fitness center, private storage space, and more. Condos for sale in 327 Royal Palm are above the $3M mark.
Distances To Other Cities From Boca Raton
- 11 miles to Pompano Beach
- 20 miles to Fort Lauderdale
- 27 miles to West Palm Beach
- 27 miles to Hollywood
- 40 miles to Hialeah
- 47 miles to Miami
Frequently Asked Questions About Boca Raton, FL Condos For Sale
What’s The Best Place To Buy A Condo In Boca Raton, Florida?
Most high-value condos in Boca Raton are clustered in the city's eastern portion, close to downtown Boca, the intercoastal waterway, and the ocean. Check out properties in communities like Boca Pointe or Boca West for a low-rise condo lifestyle.
Is Boca Raton Walkable?
Boca Raton, FL, is mostly car-dependent, with a walking score of 58 out of 100. The city is walkable only in certain areas like downtown Boca Raton and its surroundings. However, the city has a robust public transit system with a rail system and several bus routes allowing Boca Raton condo owners to get around their city quickly and easily.
What Is A Good Salary In Boca Raton, Florida?
What a "good" salary would look like in Boca Raton is always somewhat subjective. Still, most people consider a salary between $75K and $95K to be good, especially considering that the cost of living in the city is around 20% above both Florida and the US average. Of course, someone with in-depth knowledge of the area's job market and economy could leverage that knowledge into earning a higher salary, possibly bringing even more stability.
What Are The Average Condo Association Fees In Boca Raton, Florida?
Anyone shopping around for Boca Raton condos for sale must consider the associated condo association fees. These fees vary widely, depending on the area and amenities within each condo complex, but generally speaking, they range from $200-$600 per month. Factors like security, frequency of building maintenance, and extra amenities like pools or fitness centers can all impact the price of fees.
Are Condos In Boca Raton Cheaper Than Miami?
Even though Boca Raton is smaller and much calmer than Miami, condos for sale in both cities are similarly priced. Condos for sale in Miami have a median price of $390K while condos for sale in Boca Raton sell for around $339K, a difference of about 50K.
Does Boca Raton Get A Lot Of Hurricanes?
While Boca Raton isn't as susceptible to destructive hurricanes and storms as other parts of Florida, residents in Boca Raton condos for sale (especially those close to the water) should remain aware of hurricane predictions and ready themselves for the storm season. Florida’s hurricane season runs from June 1st to November 30th, and condo owners must make sure they’re financially prepared for any potential risks that come along with it.
Living In Boca Raton, FL Condos
Beaches in Boca Raton, Florida
Boca Raton's coastline is renowned for its most valuable treasure: two miles of pristine, lifeguard-supervised, white-sand beaches. Some of the top beaches in this Florida area are in public parks, like:
- Spanish River Park
- Red Reef Park
- South Inlet Park
- South Beach Park
If you purchase Boca Raton condos for sale that are close to the ocean, you typically obtain unrestricted beach entry. The parks are open year-round and include spacious parking lots and facilities in optimal condition. Additional features are gazebos, picnic spaces, restrooms, and showers. Some of them even have fitness centers and play areas for your enjoyment.
Entertainment in Downtown Boca Raton, Florida
Boca Raton's entertainment scene always has something exciting going on. Whether it's world-class live music at The Funky Biscuit, Broadway-like theater performances at The Wick Theatre, or stylish clubs and bars for a night out in Boca, there are options for every taste here.
Exquisite shopping & dining can also be found in abundance in the downtown area, with Boca Raton condos for sale within walking distance of major attractions. In short, finding the perfect balance between luxurious living and never-ending entertainment in Boca Raton is easy.
Higher Education Opportunities in Boca Raton, Florida
Boca Raton is well-positioned regarding higher education opportunities offering learning options ranging from top-ranking universities to specialized technical schools and everything in between. Here's a quick list:
- Florida Atlantic University
- Lynn University
- Palm Beach State College
- Everglades University
- Digital Media Arts College
With plenty of Boca Raton condos for sale close to these educational facilities, it's no surprise that Boca is an attractive option for students and young professionals relocating to South Florida. Whether you're looking for a postgraduate degree, a certificate course in computer technology, or brush up on some Spanish language skills, relocating to Boca Raton is a smart move.
Sports in Boca Raton, Florida
Boca Raton, Florida, is the perfect place for sports fans and those that want to get fit. With Boca Raton condos for sale, you can live within walking distance of several places to stay active, including 14 public and private golf courses, numerous gyms, state-of-the-art athletic facilities, beautiful beaches ideal for running, biking, swimming, and surfing activities, and 46 parks filled with sports fields and courts.
Boca Raton offers a fantastic selection of professional and recreational teams across all types of sports, including the Boca Raton 'Buccaneers' Rugby Football Club and Boca Raton FC. Plus, you can enjoy several world-class restaurants and sports bars to relax with friends after office hours or solo after a workout session.