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.
For sale
$24,000,000
500 SE 5th Avenue #1201s, Boca Raton, FL 33432
5beds
8,435sqft
Condominium
Built in 1999
-- sqft lot
$21,485,700 Zestimate®
$2,845/sqft
$10,672/mo HOA
What's special
Five spacious bedroom suitesPrivate elevator entryFamily roomElegant wet barFinest materials and finishesMedia roomImpeccable design throughout
- 53 days |
- 790 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Jonathan G Postma 561-843-7828,
Coldwell Banker/BR
Source: BeachesMLS,MLS#: B26024360
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
- Main level bathrooms: 7
- Main level bedrooms: 5
Heating
- Central, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
- Laundry: Washer Hookup, Inside, Laundry Closet, Laundry Tub, Washer Dryer Install Allowed
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
- Flooring: Other
- Windows: Metal, Other, Single Hung, Storm Window(s)
- Has fireplace: No
Interior area
- Total structure area: 9,650
- Total interior livable area: 8,435 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Attached, Garage, Guest
- Attached garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Balcony
- Exterior features: Balcony, Outdoor Living Area
- Pool features: Association
- Has view: Yes
- View description: Intercoastal, Ocean, Water
- Has water view: Yes
- Water view: Intercoastal,Ocean,Water
- Waterfront features: Intracoastal Access
Details
- Parcel number: 06434729500021201
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 1999
Details
- Builder model: DOUBLE PENTHOUSE
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Water Available
Community & HOA
Community
- Features: Gated, Property Manager On-Site
- Security: Security System, Fire Sprinkler System, Gated with Guard, Gated Community, Security Guard
- Subdivision: MIZNER GRAND CONDO
HOA
- Has HOA: Yes
- Amenities included: Billiard Room, Bike Storage, Clubhouse, Elevator(s), Fitness Center, Library, Management, Pool, Parking, Recreation Facilities, Sauna, Spa/Hot Tub, Storage, Trash
- Services included: Common Areas, Hot Water, Insurance, Maintenance Grounds, Pest Control, Security, Trash, Water
- HOA fee: $10,672 monthly
Location
- Region: Boca Raton
Financial & listing details
- Price per square foot: $2,845/sqft
- Tax assessed value: $7,356,000
- Annual tax amount: $124,642
- Date on market: 5/5/2026
- Cumulative days on market: 53 days
- Listing terms: Cash,Conventional
Estimated market value
$21,485,700
$20.41M - $22.56M
$10,064/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $24,000,000+281.6%$2,845/sqft |
Source:  BeachesMLS #B26024360 Report a problem | ||
| 1/13/2012 | Sold | $6,290,000-30.1%$746/sqft |
Source: Agent Provided Report a problem | ||
| 7/8/2011 | Listed for sale | $8,995,000+130.6%$1,066/sqft |
Source: Premier Estate Properties #R3208791 Report a problem | ||
| 5/24/1999 | Sold | $3,900,000$462/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $124,642 +1.9% | $7,356,000 +1.9% |
| 2024 | $122,336 +2.1% | $7,216,180 +3% |
| 2023 | $119,783 +13% | $7,006,000 +20.2% |
| 2022 | $106,045 +10.5% | $5,830,000 +10% |
| 2021 | $95,943 0% | $5,300,000 |
| 2020 | $95,948 -1.3% | $5,300,000 |
| 2019 | $97,246 | $5,300,000 +1% |
| 2018 | $97,246 +4.1% | $5,250,000 +4% |
| 2017 | $93,449 +2.3% | $5,050,000 +3.1% |
| 2016 | $91,358 +0.4% | $4,900,000 +4.8% |
| 2015 | $90,965 +10% | $4,675,000 +10% |
| 2014 | $82,721 +5.9% | $4,250,000 +6.3% |
| 2013 | $78,142 +104% | $4,000,000 +107.8% |
| 2012 | $38,308 +5.7% | $1,925,000 +6.9% |
| 2011 | $36,241 -21.9% | $1,800,000 -21.7% |
| 2010 | $46,383 -7.7% | $2,300,000 -11.5% |
| 2009 | $50,256 +0.5% | $2,600,000 -8.3% |
| 2008 | $50,030 -2.3% | $2,835,000 -2.2% |
| 2007 | $51,205 -8% | $2,900,000 |
| 2006 | $55,651 | $2,900,000 +8.4% |
| 2005 | -- | $2,675,000 +17.6% |
| 2004 | $25,300 +47636% | $2,275,000 +8.3% |
| 2003 | $53 -99.9% | $2,100,000 +10.5% |
| 2002 | $39,289 -1.6% | $1,900,000 |
| 2001 | $39,915 +0.3% | -- |
| 2000 | $39,790 +2088.3% | -- |
| 1999 | $1,818 | $90,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33432
Nearby schools
GreatSchools rating
- 7/10Boca Raton Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 8/10Boca Raton Community Middle SchoolGrades: 6-8Distance: 2.5 mi
- 6/10Boca Raton Community High SchoolGrades: 9-12Distance: 2.9 mi
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.
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- Florida
- Palm Beach County
- Boca Raton
- 33432
- 500 SE 5th Avenue Unit 1201s
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