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500 SE 5th Avenue 1201sBoca Raton, FL 33432

For Sale

$24,000,000

Smart Buyer Rebate $240,000

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.

Listed by Jonathan G Postma

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License #3199367

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Coldwell Banker/BR

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5618437828

Last updated July 23, 2026

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Source: BeachesMLS #B26024360

Listing Facts

  • TypeCondo
  • NeighborhoodBoca Raton Hotel and Club
  • Bedrooms5
  • Bathrooms6
  • Days on Prevu87
  • HOA/Maint. Fees$10,672.01/month
  • Taxes$124,642.48/year
  • Size8,435 sqft
  • Price per sqft$2,845

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Storage
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

05/05/2026
Listed by Coldwell Banker/BR
$24,000,000

Property Details for 500 SE 5th Avenue 1201s

Association

Amenities

  • Association Amenities: Pool, Billiard Room, Clubhouse, Elevator(s), Fitness Center, Management, Parking, Recreation Facilities, Sauna, Spa/Hot Tub, Storage, Trash
  • Community Features: Gated
  • Pets Allowed: Number Limit, Size Limit, Yes

Fees

  • Association Fee: $10,672.01 Monthly
  • Association Fee Includes: Insurance, Maintenance Grounds, Pest Control, Security, Trash, Water

General

  • Number Of Units In Community: 138

Exterior

Construction

  • Roof: Other
  • Stories: 1
  • Stories Total: 12
  • Structure Type: Multi Family
  • Window Features: Storm Window(s)
  • Year Built: 1999
  • Construction Materials: Block
  • Entry Level: 12
  • Exterior Features: Balcony

Features

  • Direction Faces: East
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Association
  • View: Water, Ocean
  • Waterfront: Yes

Measurements

  • Building Area Total: 9,650
  • Lot Features: Waterfront

Financial

Taxes

  • Parcel Number: 06434729500021201
  • Tax Annual Amount: $124,642.48
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Flooring: Other
  • Interior Features: Wet Bar, Bidet, Central Vacuum, Entrance Foyer, Eat-in Kitchen, High Ceilings, Pantry, Storage, Soaking Tub, Bar

Measurements

  • Living Area: 8,435
  • Living Area Source: Other

Rooms

  • Bathrooms Full: 5
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 5
  • Main Level Bathrooms: 7
  • Main Level Bedrooms: 5

Other

Location

  • Subdivision Name: MIZNER GRAND CONDO

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 4
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Assigned, Attached, Garage, Guest
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Boca Raton

High School

  • High School: Boca Raton

Middle or Junior School

  • Middle Or Junior School: Boca Raton Community

Utilities

Equipment

  • Cooling: Central Air, Zoned
  • Has Cooling: Yes
  • Heating: Central, Zoned
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Inside, Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 5 bedrooms and 6 bathrooms in this condo at 500 SE 5th Avenue 1201s.

What schools are nearby to 500 SE 5th Avenue 1201s?

Nearby schools include the Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton High School.

Does this condo have parking?

Yes, there are 4 parking spaces available for 500 SE 5th Avenue 1201s.

Are pets allowed at 500 SE 5th Avenue?

Yes, 500 SE 5th Avenue allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 500 SE 5th Avenue 1201s?

Annual taxes for this condo are estimated at $124,642.

How does 500 SE 5th Avenue 1201s compare to other condos in Boca Raton Hotel and Club?

This condo is listed 850% above the average price for condos in Boca Raton Hotel and Club and has been on the market for 39 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 8,435 sqft.

500 SE 5th Avenue 1201s is a 5-bedroom, 6-bath condo for sale in Boca Raton FL 33432. Listed on Prevu for 87 days at $24,000,000. This property features 8,435 square feet of living space, located in Boca Raton Hotel and Club. The median listing price for condos in this area is $1,210,000. Nearby schools include Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton High School. Additional amenities include private outdoor space, dishwasher, pets allowed, air conditioning, storage, fitness center, parking, swimming pool, and washer/dryer. Explore more condo listings in Boca Raton.

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.