For sale

$2,999,999

Est. $21,391/mo —

•

4,518

sq ft

1502 SW 5th Ave, Boca Raton, FL 33432

About this home

Rare opportunity to own a premier East Boca waterfront residence featuring 147 feet of ocean-access waterfrontage, a private dock, and a 5,000-pound boat lift. Offering 4,518 square feet of living space under air, this expansive home combines exceptional waterfront living with a highly functional floor plan ideal for both everyday living and entertaining. The residence features 7 bedrooms, 4.5 bathrooms, and a two-car garage. An updated kitchen serves as the centerpiece of the home, while impact glass throughout frames beautiful views of the pool and wide waterway, filling the interiors with natural light. The versatile layout includes two first-floor bedrooms, one currently configured as a home office, and five additional bedrooms upstairs. Designed to embrace the South Florida lifestyle, the home features a dedicated pool room overlooking the outdoor living area, sparkling pool, and tranquil waterfront setting. With extensive waterfrontage, ocean access, private dockage, and ample space for family and guests, this property presents an exceptional opportunity in one of East Boca Raton's most desirable waterfront locations. Ideally situated just minutes from Boca's pristine beaches, world-class dining, shopping, and entertainment, this waterfront retreat offers the perfect blend of boating lifestyle, comfort, and location.

Single-familyProperty Type

1985Year Built

10,018 sq ftLot Size

$664Price/Sq.Ft.

$45/moHOA Dues

2 garage spacesParking

Listed by Mike Gersper • Gersper Team Realty

Listing updated: Aug 21, 2026 at 02:53pm

Redfin checked: 2 minutes ago

•Source:Beaches MLS #B26037717

Payment calculator

$21,391 per month

Principal and interest$15,766

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

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Next available date: Thursday, September 10

Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

Boca Raton Elementary School

Public PreK-5 • Assigned • 0.9mi

7/10

Boca Raton Community Middle School

Public 6-8 • Assigned • 2.0mi

8/10

Boca Raton Community High School

Public 9-12 • Assigned • 2.5mi

6/10

Provided by GreatSchools

About Southeast Boca

Raton

Southeast Boca Raton, located between Downtown Boca Raton and the Atlantic Ocean, is a coastal and residential Boca Raton neighborhood with palm-lined streets and low-rise waterfront scenery. The neighborhood’s character concentrates around Mizner Park, where sidewalk dining, galleries, and polished storefronts set a social, walkable rhythm. Architectural cues lean Mediterranean Revival and contemporary townhomes, with pockets of canal-front homes near the Intracoastal Waterway. Cultural touchstones include the Boca Raton Museum of Art and the Mizner Park Amphitheater for exhibitions and outdoor performances. Spanish River Park and South Beach Park frame the shoreline with dunes, picnic areas, and wide sand. The Boca Raton Resort & Club adds a landmark silhouette along the water.

Provided by Walk Score and Local Logic

Offer insights

1502 SW 5th Ave · $2,999,999

Strong offer

$2.91M and above

75% chance or better to win

Why $2.91M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 71 days.

SALE-TO-LIST

Most homes are selling 4% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Wet bar
Walk-in closets
Three-way split bedroom layout
Roman tub
Plantation shutters

Bedrooms
Two main-level bedrooms

Bathrooms
Four full bathrooms
One half bathroom
Two bathrooms on the main level

Kitchen
Dishwasher
Electric range
Electric cooktop
Microwave
Refrigerator
Garbage disposal
Trash compactor
Electric water heater

Laundry & utility
Washer/dryer hookups (appliances listed under kitchen/utility)

Flooring
Ceramic tile
Marble

Heating & cooling
Central heating (electric)
Central air conditioning
Ceiling fans

Sale and tax history for 1502 SW 5th Ave

Sale History
Tax History

Date

Event

Price

Beaches MLS #B26037717

Aug 21, 2026

Price Changed

$2,999,999

$664/sq ft

Jun 19, 2026

Price Changed

$3,250,000

$719/sq ft

Jun 6, 2026

Listed

$3,399,000

$752/sq ft

Beaches MLS #F10010748

Jul 1, 2016

Sold

$1,250,000

$277/sq ft

May 7, 2016

Listed

$1,299,000

$288/sq ft

Huge 2 story home with 7 bedrooms on a 5 point water pie-shaped lot leading to the Intracoastal waterways, Immaculate inside with tons of upgrades, Large bedrooms & Cherry wood/Granite/Stainless kitchen, 2 beds down,1 could be a guest suite with own bathroom & closets, Master and 4 additional bedrooms upstairs, Spectacular Media room and Family room & Relaxing sunning porch overlooking the Tropical pool & 5 point water pie shaped lot with boat dock for up to 35ft boat & boat lift for up to 6000lbs,

Beaches MLS #R3253170

Jun 8, 2012

Sold

$960,000

$212/sq ft

Jan 23, 2012

Listing Removed

—

Jan 18, 2012

Listed

$999,999

$221/sq ft

+17

Estoville - As you come up the spacious pavered drive to this stunning 2 story 6 bedroom plus den, 4 1/2 bath canal view & hurricane protected home, one automatically sees beautifully manicured landscaping, & soaring arched windows. ***see addenda*** When entering through the glass pannelled front door of this freshly painted home you are greeted by soaring ceilings, neautral decor, and lots of shuttered windows lending to the light and airy atmosphere. The main level features recently replaced carpeting in living room, bedrooms and office areas. All the doors are upgraded with Baldwin locks & door knobs. The roof has been upgraded with new clips-hurricane straps , and recently replaced gutters. The first floor also features beautiful neautral tiles. T... (see supplement for full remarks) Estoville - As you come up the spacious pavered drive to this stunning 2 story 6 bedroom plus den, 4 1/2 bath canal view & hurricane protected home, one automatically sees beautifully manicured landscaping, & soaring arched windows. ***see addenda***When entering through the glass pannelled front door of this freshly painted home you are greeted by soaring ceilings, neautral decor, and lots of shuttered windows lending to the light and airy atmosphere. The main level features recently replaced carpeting in living room, bedrooms and office areas. All the doors are upgraded with Baldwin locks & door knobs. The roof has been upgraded with new clips-hurricane straps , and recently replaced gutters. The first floor also features beautiful neautral tiles. The gourmet kitchen is expansive and features stainless steel appliances, granite counters, chef's island, wood cabinetry and breakfast bar. Continuing onward from the kitchen there is the breakfast area that overlooks the gorgeous canal views, which leads into the large tiled family room with crown molding.

Beaches MLS #RX-3040555

Aug 26, 2011

Sold

$775,000

$172/sq ft

Aug 15, 2011

Listing Removed

—

Aug 5, 2009

Listed

$829,000

$183/sq ft

Public Records

Sep 13, 1988

Sold

$415,000

$92/sq ft

Public Records

Jul 1, 1986

Sold

$361,500

$80/sq ft

Public Records

Apr 1, 1986

Sold

$100,000

$22/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$27,653 (+6.1%)

2024

$26,072 (+10.1%)

2023

$23,671 (+9.3%)

2022

$21,666 (+20.2%)

2021

$18,026 (−2.0%)

$510,000 + $467,642

$977,642

2020

$18,385 (−7.5%)

$450,000 + $547,776

$997,776

2019

$19,871

$450,000 + $547,776

$997,776

2018

$19,869 (+4.5%)

$515,021 + $583,755

$1,098,776

2017

$19,010 (+6.7%)

$447,845 + $586,424

$1,034,269

2016

$17,821 (−0.7%)

$399,861 + $544,897

$944,758

2015

$17,941 (+9.1%)

2014

$16,439 (+8.7%)

2013

$15,120 (+7.2%)

2012

$14,100 (+46.9%)

2011

$9,597

Public record

Public record
Zoning

Beds

—

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

9,979 Sq. Ft.

Year renovated

2000

Finished Sq. Ft.

4,518

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,518

Year built

1985

Style

Single Family Residential

County

Palm Beach County

APN

06434730400020070

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 1, 2026.

R1D

Single-Family Residential Districts

The purpose, intent and methods underlying the comprehensive zoning plan of the city are set forth in section 28-3, and the same are hereby declared applicable to this article and are herewith restated and reaffirmed and made part hereof. It is further declared the intent and purpose of this article to provide and protect suitable locations and good environments for a cross section of single-family housing types and accommodations including those for lower middle income groups, which are needed and marketable in the several single-family residential districts of this city, and to provide reasonable opportunity for owner occupancy of individual single-family residential units.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Wastewater treatment
Water cleansing
Storage
And conveyance
Recreation
Park & open space

Climate risks

7/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

9/10 Heat Factor

7 days above 106° expected this year, 26 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Boca Raton, FL • 33432

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

93/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.5 hrs

7.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1502 SW 5th Ave

$2,729,375

$271K under list price of $3.00M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $1.4M to $4.5M.

SOLD MAR 12, 2026
$3,200,000 Last sold price
4 beds4.5 baths3,835 sq ft
580 SW 15th St, Boca Raton, FL 33432
$170/sq ft
3 years older
SOLD AUG 25, 2026
$2,000,000 Last sold price
3 beds3 baths3,184 sq ft
770 Peachtree Ln, Boca Raton, FL 33486
$36/sq ft
larger lot
18 years older
SOLD SEP 12, 2025
$3,650,000 Last sold price
4 beds4 baths3,615 sq ft
1536 SW 5th Ave, Boca Raton, FL 33432
$346/sq ft
smaller lot
1 year older
SOLD FEB 20, 2026
1650 SW 2nd Ave, Boca Raton, FL 33432
$1,399,000 Last sold price
4 beds3 baths3,022 sq ft
1650 SW 2nd Ave, Boca Raton, FL 33432
$201/sq ft
11 years newer
SOLD AUG 28, 2026
$2,330,000 Last sold price
4 beds3 baths2,833 sq ft
1332 SW Tamarind Way, Boca Raton, FL 33486
$158/sq ft
18 years older
SOLD MAR 9, 2026
$4,462,500 Last sold price
5 beds5.5 baths4,805 sq ft
2124 W Maya Palm Dr, Boca Raton, FL 33432
$265/sq ft
larger lot
15 years newer

Rental earnings

Est. $9,888 per month, based on comparable rentals

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