At the Boca Inlet, where the Intracoastal meets the Atlantic, discover one of East Boca's best-kept waterfront secrets. This beautifully updated penthouse-level residence at Newth Gardens offers 2 bedrooms, 2 baths and 1,269 SF in an exceptional location just across from the beach. A dramatic wall of sliding glass opens the air-conditioned living space to ocean and inlet views and coastal breezes. Inside, a neutral palette, oversized tile, natural stone finishes, marble baths, impact windows and a private-entry guest suite create an effortless coastal retreat. Enjoy an Intracoastal-side pool, waterfront green space, barbecue areas and covered parking, all moments from the very best of Boca Raton. Residence 504C is a penthouse-level 2BR/2BA residence offering approximately 1,269 SF with ocean, Boca Inlet and Intracoastal views. Interior features include a neutral coastal palette, oversized tile, natural stone finishes, marble baths, glazed ceilings designed to reflect natural light, impact windows, generous walk-in closets and a kitchen pantry. Expansive stacking glass sliders open the air-conditioned Florida room to the views and coastal breezes, with a shallow covered exterior balcony beyond. The guest suite features its own private entrance, and one assigned covered parking space is located beneath the building. Newth Gardens is an intimate community of approximately 100 residences across three buildings, offering expansive park-like green space, a large pool with ocean and Intracoastal views, outdoor barbecue areas and a clubhouse available for private entertaining. Two-year ownership is required prior to leasing, contributing to an established residential feel. Concrete restoration is nearing completion, with a full exterior painting project anticipated Q4 2026; the community is expected to transition from its traditional pink exterior to a fresh, neutral off-white palette. Association fee is reflected in MLS as a monthly equivalent of $1,528.39; the current regular association assessment is billed quarterly at $4,585.18. Special assessments, if any, are separate. Buyer to verify all association fees, assessments, leasing restrictions, square footage, measurements, features, amenities, parking and planned community improvements directly with the association. Information is deemed reliable but not guaranteed and is subject to errors, omissions and changes without notice.
For sale
$695,000
1040 BANYAN Road #504C, Boca Raton, FL 33432
2beds
1,269sqft
Condominium
Built in 1969
-- sqft lot
$656,000 Zestimate®
$548/sqft
$1,528/mo HOA
What's special
Penthouse-level residenceWaterfront green spaceIntracoastal-side poolCovered parkingOutdoor barbecue areasExpansive stacking glass slidersBarbecue areas
- 1 day
- 137
- 17
Zillow last checked:
Listing updated:
Listed by:
Tone Newlove 561-334-3440,
One Sotheby's International Realty
Source: BeachesMLS,MLS#: B26075230
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: First
- Area: 323
- Dimensions: 17 X 19
Kitchen
- Level: First
- Area: 336
- Dimensions: 21 X 16
Living room
- Level: First
- Area: 228
- Dimensions: 12 X 19
Heating
- Electric, Radiant
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, In Kitchen, Laundry Room, Washer Dryer Install Allowed
Features
- Breakfast Area, Closet Cabinetry, Entrance Foyer, Living/Dining Room, Custom Mirrors, Pantry, Split Bedrooms, Storage, Separate Shower, Walk-In Closet(s)
- Flooring: Ceramic Tile, Tile
- Windows: Blinds, Storm Window(s)
- Has fireplace: No
Interior area
- Total structure area: 1,269
- Total interior livable area: 1,269 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport, Assigned, Covered, Carport
- Carport spaces: 1
- Details: CarportSpaces:1.00
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: Fifth Floor
- Patio & porch: Covered, Balcony
- Exterior features: Balcony, Outdoor Living Area
- Pool features: Association
- Has view: Yes
- View description: City, Intercoastal, Ocean, Pool, Water
- Has water view: Yes
- Water view: Intercoastal,Ocean,Water
Details
- Parcel number: 06434729200005040
- Zoning: R3C(ci
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: Condo
- Architectural style: Mediterranean
- Property subtype: Condominium
Materials
- Concrete
- Roof: Barrel,Flat,Other,Spanish Tile
Condition
- Resale
- New construction: No
- Year built: 1969
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Community & HOA
Community
- Features: Street Lights
- Security: Smoke Detector(s)
- Subdivision: NEWTH GARDENS C CONDO
HOA
- Has HOA: Yes
- Amenities included: Bike Storage, Clubhouse, Picnic Area, Pool, Parking, Storage, Trash, Elevator(s)
- Services included: Common Areas, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Trash
- HOA fee: $1,528 monthly
- HOA name: Newth Gardens Condominium Association
- HOA phone: 561-391-5262
Location
- Region: Boca Raton
Financial & listing details
- Price per square foot: $548/sqft
- Tax assessed value: $515,331
- Annual tax amount: $8,235
- Date on market: 9/11/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$656,000
$623,000 - $689,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $695,000+101.4%$548/sqft |
Source: | ||
| 5/28/2024 | Listing removed | -- |
Source: BeachesMLS #R10941998 Report a problem | ||
| 12/15/2023 | Price change | $7,000-12.5%$6/sqft |
Source: BeachesMLS #R10941998 Report a problem | ||
| 12/9/2023 | Listed for rent | $8,000$6/sqft |
Source: BeachesMLS #R10941998 Report a problem | ||
| 12/19/2016 | Sold | $345,000-5.2%$272/sqft |
Source: Public Record Report a problem | ||
| 8/29/2016 | Price change | $364,000-6.4%$287/sqft |
Source: Nestler Poletto Sotheby's Int'l #RX-10248608 Report a problem | ||
| 7/6/2016 | Listed for sale | $389,000$307/sqft |
Source: Nestler Poletto Sothebys Int'l #RX-10248608 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,234 -6.9% | $468,483 +2.3% |
| 2024 | $8,848 +1.9% | $457,867 +10% |
| 2023 | $8,685 +13.6% | $416,243 +10% |
| 2022 | $7,644 +14.3% | $378,403 +10% |
| 2021 | $6,687 +13% | $344,003 +10% |
| 2020 | $5,918 +8.7% | $312,730 +10% |
| 2019 | $5,445 | $284,300 +5.6% |
| 2018 | $5,445 +8.6% | $269,300 +3.9% |
| 2017 | $5,015 +2.3% | $259,300 -10.4% |
| 2016 | $4,902 -11.8% | $289,300 +95.6% |
| 2015 | $5,561 +146.8% | $147,895 +0.8% |
| 2014 | $2,253 +1.6% | $146,721 +1.5% |
| 2013 | $2,217 +0.6% | $144,553 +1.7% |
| 2012 | $2,203 +2.6% | $142,137 +3% |
| 2011 | $2,147 +2.9% | $137,997 +1.5% |
| 2010 | $2,086 +8.9% | $135,958 +2.7% |
| 2009 | $1,915 +9.7% | $132,384 +0.1% |
| 2008 | $1,746 -8.6% | $132,252 +3% |
| 2007 | $1,911 -5.2% | $128,400 +2.5% |
| 2006 | $2,015 | $125,268 +3% |
| 2005 | -- | $121,619 +3% |
| 2004 | $1,035 +1853% | $118,077 +1.9% |
| 2003 | $53 -97.2% | $115,875 +2.4% |
| 2002 | $1,874 +0.2% | $113,159 +1.6% |
| 2001 | $1,870 +4.1% | $111,377 +3% |
| 2000 | $1,796 +10.7% | $108,133 -22.4% |
| 1999 | $1,622 | $139,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 33432
Nearby schools
Schools provided by the listing agent
- Elementary: Boca Raton
- Middle: Boca Raton Community
- High: Boca Raton
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







