$24,000,000
500 SE 5th Avenue 1201s
Boca Raton, FL 33432
MIZNER GRAND CONDO
Explore the area: Boca Raton homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $24,000,000
- Price per sq ft
- $2,845
- Vs. nearby sales
- 371% above
- Days on market
- 141
This 5-bedroom condo in ZIP 33432 is listed at $24,000,000, or $2,845 per square foot. It has been on the market for 141 days. The 5 most recent condo sales in the closings shown below sold at a median of $604 per square foot, so the asking price is 371% above what comparable homes here actually sold for.
Estimated monthly payment
$126,130 /mo
Principal and interest only, based on $4,800,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $10,672/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $24,000,000
- Days on Site
- 141 Days
- Bedrooms
- 5
- Total Baths
- 7
- Full Baths
- 5
- Partial Baths
- 2
- Living Area
- 8,435 sqft
- Total Sq Ft
- 9,650 sqft
- Year Built
- 1999
- Property Type
- Condo
- MLS #
- B26024360
- Property Tax
- $124,642 (2025)
- HOA Fees
- $10,672 / Monthly
- Subdivision
- MIZNER GRAND CONDO
- Development
- MIZNER GRAND
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
The crown jewel of Mizner Grand, this completely reimagined double penthouse offers an extraordinary waterfront lifestyle overlooking Lake Boca. Spanning over 8,400 square feet, this one-of-a-kind 5-bedroom, 5 full and 2 half bath residence showcases soaring 12-foot ceilings, expansive entertaining spaces, and impeccable design throughout. This masterfully envisioned penthouse reflects a curated blend of sophistication and craftsmanship, with the finest materials and finishes at every turn. A private elevator entry opens to a grand living room with panoramic water views and an elegant wet bar, creating a stunning setting for both intimate living and entertaining. The chef's kitchen is thoughtfully designed with generous storage, a butler's pantry, and formal dining room. The residence features five spacious bedroom suites, including dual primary suites with luxurious baths, along with a family room, and media room. Expansive terraces capture sweeping vistas of Lake Boca, the Intracoastal, ocean, and city skyline, offering seamless indoor-outdoor living. Complete with four parking spaces and the exclusivity of Mizner Grand, this exceptional penthouse represents the pinnacle of Boca Raton luxury living.
General Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1999
- Property Condition
- Resale
- Number of Stories
- 12
- Levels
- One
- Garage Spaces
- 4
- Attached Garage
- Yes
- Parking
- Assigned / Attached / Garage / Guest
- Direction Faces
- East
- Lot Size (Acres)
- 0
- Living Sq Ft
- 8,435
- Total Sq Ft
- 9,650
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RES
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Free Standing Freezer / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air / Zoned
- Heating
- Central / Zoned
- Flooring
- Other
- Interior Features
- Wet Bar / Bidet / Breakfast Area / Bathtub / Central Vacuum / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Eat In Kitchen / Garden Tub Roman Tub / High Ceilings / Multiple Primary Suites / Multiple En Suite Bathrooms / Pantry / Split Bedrooms / Storage / Soaking Tub / Separate Shower / Tub Shower / Bar
- Laundry
- Washer Hookup / Inside / Laundry Closet / Laundry Tub / Washer Dryer Install Allowed
- Windows
- Metal / Other / Single Hung / Storm Windows
- Main Level Bedrooms
- 5
- Main Level Baths
- 7
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Covered / Patio / Balcony
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access
- View
- Intercoastal / Ocean / Water
Community & HOA
- HOA Fee
- $10,672 / Monthly
- HOA Includes
- Common Areas / Hot Water / Insurance / Maintenance Grounds / Pest Control / Security / Trash / Water
- Association Amenities
- Billiard Room / Bike Storage / Clubhouse / Elevators / Fitness Center / Library / Management / Pool / Parking / Recreation Facilities / Sauna / Spa Hot Tub / Storage / Trash
- Community Features
- Gated / Property Manager On Site
- Security
- Security System / Fire Sprinkler System / Gated With Guard / Gated Community / Security Guard
- Utilities
- Cable Available / Water Available
- Pets Allowed
- Number Limit / Size Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required
- MLS Area
- 4260
Schools
- Elementary School
- Boca Raton
- Middle School
- Boca Raton Community
- High School
- Boca Raton
About the Area
Boca Raton homes for sale include everything from mid-$300K Intracoastal condos to $8,000,000+ estate homes inside the same gated address. Boca West, Broken Sound, and Woodfield Country Club start around $400K for condos; their estate homes reach $8,000,000 and higher. East Boca townhomes along the Intracoastal start in the mid-$300Ks. The city has 44 miles of navigable canals and a barrier island coastline. Boca Raton Community High and Spanish River Community High are each rated 8/10 on GreatSchools (2025). Well-priced homes get multiple offers within 10 days. ListSellFL works with buyers and sellers across 28+ Boca communities.
- Homes for Sale
- 2,247
- Median List Price
- $559,000
- Median $/Sq Ft
- $353
- Avg Days on Market
- 111
Frequently Asked Questions
- How do I schedule a tour of 500 SE 5th Avenue 1201s, Boca Raton, FL 33432?
- Use the Tour button on this listing to request a showing of 500 SE 5th Avenue 1201s, Boca Raton, FL 33432. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 500 SE 5th Avenue 1201s, Boca Raton, FL 33432 still available?
- 500 SE 5th Avenue 1201s, Boca Raton, FL 33432 is currently listed as Active, and has been on the market 141 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 500 SE 5th Avenue 1201s, Boca Raton, FL 33432?
- With 20% down ($4,800,000) on the $24,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 500 SE 5th Avenue 1201s, Boca Raton, FL 33432 is about $126,130/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 500 SE 5th Avenue 1201s, Boca Raton, FL 33432?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 500 SE 5th Avenue 1201s, Boca Raton, FL 33432. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 500 SE 5th Avenue 1201s, Boca Raton, FL 33432 have an HOA fee?
- Yes: 500 SE 5th Avenue 1201s, Boca Raton, FL 33432 carries an HOA fee of about $10,672 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 500 SE 5th Avenue 1201s, Boca Raton, FL 33432?
- 500 SE 5th Avenue 1201s, Boca Raton, FL 33432 is zoned for Boca Raton (elementary), Boca Raton Community (middle), Boca Raton (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 500 SE 5th Avenue 1201s, Boca Raton, FL 33432?
- Often, yes. The right offer on 500 SE 5th Avenue 1201s, Boca Raton, FL 33432 depends on how it's priced against comparable condo sales in Boca Raton, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Coldwell Banker/BR
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$24,000,000
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Listed by Jonathan G Postma, Coldwell Banker/BR
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Recent Sales
Recently sold homes in ZIP 33432
These are the last 6 recorded closings in ZIP 33432, with the price each home actually sold for rather than what it was listed at. They closed at a median of $604 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,550,000
Sold · October 2, 2026
700 S Ocean Boulevard 803
2 bed · 2 bath · 1,710 sqft · $906/sqft
$45,000 under the asking price
Sold$675,000
Sold · September 30, 2026
1040 Banyan Road 401c
3 bed · 2.5 bath · 1,557 sqft · $434/sqft
Sold$2,175,000
Sold · September 30, 2026
155 E Boca Raton Road 611
3 bed · 3 bath · 2,308 sqft · $942/sqft
$74,000 under the asking price
Sold$17,250,000
Sold · September 30, 2026
430 E Alexander Palm Road
0 bed · 0 bath
Sold$1,200,000
Sold · September 29, 2026
550 SE Mizner Boulevard B702
2 bed · 2.5 bath · 1,986 sqft · $604/sqft
$249,000 under the asking price
Sold$615,000
Sold · September 29, 2026
18 Royal Palm Way Way 109
2 bed · 2 bath · 1,495 sqft · $411/sqft
$29,000 under the asking price
See every recorded sale in ZIP 33432 or find out what your ZIP 33432 home is worth.