155 E Boca Raton Road 501, Boca Raton, FL 33432 — MLS photo

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155 E Boca Raton Road 501, Boca Raton, FL 33432

Active · Condominium

$2,195,000

155 E Boca Raton Road 501, Boca Raton, FL 33432

Beds
3
Baths
4
Living area
1,955 sq ft
$ / sq ft
$1,123/sq ft
Year built
2020
Lot size
—
HOA fee
$2,454 Monthly
Annual tax
$26,492

About this property

Residence 501 at Tower 155 pairs generous three-bedroom proportions with southern light and two private terraces in the center of Downtown Boca Raton. Fully furnished and offering 1,955 SF, three bedrooms and three-and-a-half baths, the residence is composed for both everyday living and entertaining. The main living space opens to a south-facing terrace, extending the interiors outdoors and creating a natural setting for dining, conversation and evenings at home. A second private terrace adds another outdoor dimension to the residence. Ten-foot ceilings give the interiors volume, while an upgraded Italian kitchen and designer-selected furnishings establish a clean, modern point of view throughout. The primary suite is generously scaled and privately positioned, complemented by two additional bedrooms offering flexibility for guests, a dedicated office or additional living space. Tower 155 offers 24-hour concierge and valet service, a Steven G-designed lobby, resort-style pool with private cabanas and hot tub, rooftop sundeck overlooking Mizner Park, fitness center, sauna and steam room. At 155 East Boca Raton Road, Residence 501 sits within the fabric of Downtown Boca Raton, with Mizner Park, Royal Palm Place, restaurants, shopping, cultural destinations and the beach close at hand. Three bedrooms. Southern exposure. Two private terraces. Fully furnished and distinctly Tower 155.

Property location

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155 E Boca Raton Road 501, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
1,955 sq ft
Appliances
Built In Oven, Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Dual Sinks, Kitchen Island, Shower Only, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2020
Stories
13
Lot size
0 sq ft
Construction
CBSConcrete Block Structure, Block
Pool
None, Association, Community
Spa
Community
View
Other, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Garage, Guest, Two Or More Spaces

HOA, Community & Financials

Association fee
$2,454 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Insurance, Pest Control, Sewer, Security, Trash, Water
Amenities
Bike Storage, Business Center, Cabana, Clubhouse, Fitness Center, Management, Pool, Sauna, Spa Hot Tub, Storage, Elevators
Security
Door Man, Lobby Secured, Security Guard, Security System
Pets allowed
No
Annual tax
$26,492
Subdivision
TOWER 155
County
Palm Beach
Days on market
388
MLS listing ID
R11127394
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$7,748

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.1%
Gross yield
5.2%
Mortgage payment
$10,405/mo
Down payment
$548,750
Loan amount
$1,646,250
Annual NOI
$31,889

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.