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5501 NW 2nd Avenue 111, Boca Raton, FL 33487
Under Contract
41 Days on Market
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How this price compares

Asking price
$125,000
Price per sq ft
$147
Original price
$135,000
Days on market
41

This 1-bedroom condo in ZIP 33487 went under contract with an asking price of $125,000, or $147 per square foot. The asking price has come down 7.4% from its original $135,000. It spent 41 days on the market before going under contract.

1
Bedrooms
2
Bathrooms
850
Living Sq Ft
1969
Year Built

Estimated monthly payment

$657 /mo

Principal and interest only, based on $25,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $487/mo HOA are not included.

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Listing Snapshot

Price
$125,000
Days on Site
41 Days
Bedrooms
1
Total Baths
2
Full Baths
1
Partial Baths
1
Living Area
850 sqft
Total Sq Ft
850 sqft
Year Built
1969
Property Type
Condo
MLS #
B26051498
Property Tax
$2,217 (2025)
HOA Fees
$487 / Monthly
Subdivision
BOCA TEECA CONDO 2
Development
Boca Teeca
County
Palm Beach
Status
Under Contract
Special Conditions
Standard

About This Property

55+ Building. Fully renovated 1st floor, 1BR/1.5BA with den unit in the east Boca community of Boca Teeca. Light and bright, with golf course views. New HVAC. Tiled throughout. Water, internet and cable included along with building insurance, pest control, community pool and elevators. Great location - close to the ocean beach, Mizner Park and not far from the upscale Town Center Mall and Delray's Atlantic Avenue.

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General Features

Property Type
Condo
Status
Under Contract
Year Built
1969
Property Condition
Resale
Number of Stories
3
Levels
One
Parking
Assigned / Guest
Direction Faces
South
Lot Size (Acres)
0
Living Sq Ft
850
Total Sq Ft
850
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
R-3-C

Interior Features

Appliances
Dishwasher / Electric Range / Disposal / Refrigerator
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile
Interior Features
Main Level Primary / Walk In Closets
Laundry
Other
Main Level Bedrooms
1
Main Level Baths
2
Furnished
Unfurnished

Exterior Features

Construction
CBS Concrete Block Structure / Block
Roof
Tar Gravel
Exterior Features
Outdoor Living Area
Pool Features
Association
Patio & Porch
Covered / Patio / Screened

Community & HOA

HOA Fee
$487 / Monthly
HOA Includes
Cable Tv / Internet / Water
Association Amenities
Pool
Utilities
Cable Available / Electricity Available / Sewer Available / Water Available
Pets Allowed
No
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
Buyer Approval Required / No Lease1st Year Owned / Ok To Lease / Rental Restriction
MLS Area
4240

Schools

Elementary School
Blue Lake (Palm Beach)
Middle School
Boca Raton Community
High School
Boca Raton
Homes for Sale
1
Median List Price
$199,000
Median $/Sq Ft
$199
Avg Days on Market
28
View all 1 homes for sale in Boca Teeca Condo 2 →
How do I schedule a tour of 5501 NW 2nd Avenue 111, Boca Raton, FL 33487?
Use the Tour button on this listing to request a showing of 5501 NW 2nd Avenue 111, Boca Raton, FL 33487. 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 5501 NW 2nd Avenue 111, Boca Raton, FL 33487 still available?
5501 NW 2nd Avenue 111, Boca Raton, FL 33487 is currently listed as Under Contract, and has been on the market 41 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 5501 NW 2nd Avenue 111, Boca Raton, FL 33487?
With 20% down ($25,000) on the $125,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5501 NW 2nd Avenue 111, Boca Raton, FL 33487 is about $657/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 5501 NW 2nd Avenue 111, Boca Raton, FL 33487?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5501 NW 2nd Avenue 111, Boca Raton, FL 33487. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5501 NW 2nd Avenue 111, Boca Raton, FL 33487 have an HOA fee?
Yes: 5501 NW 2nd Avenue 111, Boca Raton, FL 33487 carries an HOA fee of about $487 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 5501 NW 2nd Avenue 111, Boca Raton, FL 33487?
5501 NW 2nd Avenue 111, Boca Raton, FL 33487 is zoned for Blue Lake (Palm Beach) (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 5501 NW 2nd Avenue 111, Boca Raton, FL 33487?
Often, yes. The right offer on 5501 NW 2nd Avenue 111, Boca Raton, FL 33487 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 Keller Williams Realty Service

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 July 19, 2026.

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Listed by Jonathan Mark Phillips, Keller Williams Realty Service

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