233 S Federal Highway 421, Boca Raton, FL 33432 — MLS photo

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233 S Federal Highway 421, Boca Raton, FL 33432

Active · Condominium

$519,000

233 S Federal Highway 421, Boca Raton, FL 33432

Beds
2
Baths
2
Living area
1,082 sq ft
$ / sq ft
$480/sq ft
Year built
2003
Lot size
181 sq ft
HOA fee
$1,262 Monthly
Annual tax
$7,070

About this property

Experience the best of Boca Raton living! Ideally located just steps from Royal Palm Plaza, this spacious 2-bedroom, 2-bath residence places premier dining, boutique shopping, and entertainment right outside your door. Enjoy close proximity to Mizner Park, the beach, and the renowned Boca Raton Resort & Golf Club. The open-concept floor plan features split bedrooms for added privacy and generous living space throughout. Highlights include an in-unit washer and dryer, private balcony, and abundant natural light—perfect as a serene retreat or an ideal home for those seeking a vibrant, walkable lifestyle. This full-service building offers resort-style amenities, including valet service, a pool and hot tub, state-of-the-art fitness center, social room, and conference room.

Property location

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233 S Federal Highway 421, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,082 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Electric, Central Air
Heating
Central, Electric
Interior features
Living Dining Room, Tub Shower
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2003
Stories
9
Lot size
181 sq ft
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community
Spa
Community
View
Other, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Covered, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$1,262 Monthly
Fee inclusions
Parking, Trash
Amenities
Billiard Room, Bike Storage, Business Center, Clubhouse, Elevators, Fitness Center, Library, Pool, Spa Hot Tub, Trash
Security
Closed Circuit Cameras, Fire Alarm, Smoke Detectors
Pets allowed
No
Annual tax
$7,070
Subdivision
BOCA GRAND CONDO
County
Palm Beach
Days on market
247
MLS listing ID
R11159842
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

-$1,577

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.0%
Gross yield
7.8%
Mortgage payment
$2,460/mo
Down payment
$129,750
Loan amount
$389,250
Annual NOI
$10,603

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