500 SE Mizner Boulevard A209, Boca Raton, FL 33432 — MLS photo

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500 SE Mizner Boulevard A209, Boca Raton, FL 33432

Active · Condominium

$950,000

500 SE Mizner Boulevard A209, Boca Raton, FL 33432

Beds
2
Baths
3
Living area
1,802 sq ft
$ / sq ft
$527/sq ft
Year built
1998
Lot size
—
HOA fee
$2,257
Annual tax
—

About this property

Searching for a 2-bed condo in Downtown Boca Raton near Mizner Boulevard, upscale dining, and the beach? Welcome to Residence A209 on the 2nd floor at Townsend Place Condo, offering 1,802 living sqft, 2 full baths plus a powder room, a private balcony, 2 garage spaces, and a gated amenity-rich setting in one of Boca Raton's most connected downtown locations. Featuring a spacious main-level layout with a large living room, dedicated dining area, and well-proportioned kitchen that support both everyday comfort and easy entertaining. Interior highlights include wood flooring, French doors, split bedrooms, an entrance foyer, dual sinks, a separate shower, bidet, soaking tub, jetted tub, and inside laundry. Facing NE, the private balcony and outdoor living area add valuable bonus space for relaxing or enjoying the South Florida lifestyle. Townsend Place Condo offers a gated, professionally managed environment with guarded access, secured lobby entry, elevators, pool, spa, sauna, fitness center, clubhouse, library, business center, billiard room, bike storage, storage, and sidewalks. The monthly HOA includes common area maintenance, cable TV, hot water, security, trash, and water. With central electric heating and cooling, public utilities, and a location close to the shops and restaurants of Mizner Boulevard, this home places daily conveniences and coastal attractions within easy reach. For buyers seeking a 2-bed condo in Downtown Boca Raton, A209 presents an appealing opportunity to enjoy space, services, and a sought-after downtown address in Townsend Place.

Property location

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500 SE Mizner Boulevard A209, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,802 sq ft

Exterior & Structure

Property type
Condominium
Year built
1998
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,257
County
Palm Beach
MLS listing ID
B26010282
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

-$3,548

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.0%
Gross yield
7.4%
Mortgage payment
$4,503/mo
Down payment
$237,500
Loan amount
$712,500
Annual NOI
$11,461

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