550 SE Mizner Blvd Unit B506, Boca Raton, FL 33432
About this home
Experience spacious, sophisticated living at Townsend Place with this rarely available 1-bedroom, 1.5-bath residence offering nearly 1,600 square feet of beautifully designed living space—an exceptional find in one of downtown Boca Raton's premier addresses. The expansive floor plan offers generous living and entertaining areas, complemented by a large private terrace ideal for enjoying South Florida's year-round lifestyle. Additional conveniences include an in-unit washer/dryer, dedicated storage unit, bike storage and one private, garage parking spot included. Enjoy the ease of a truly walkable lifestyle, just moments from Mizner Park, acclaimed dining, upscale shopping, entertainment, and the beach. Townsend Place offers full-service luxury with a doorman, concierge, valet parking, resort-style pool, fitness center, sauna, and more. With remarkable square footage, luxury amenities, and an unbeatable downtown location, this residence represents an outstanding opportunity to enjoy the very best of Boca Raton living.
Townsend Place Condominiums, located between Mizner Park and Royal Palm Place, is a high-rise and luxury Boca Raton neighborhood with palm-lined streets and walkable dining. The neighborhood’s character concentrates around Plaza Real and SE Mizner Boulevard, where sidewalk patios, galleries, and polished storefronts set a resort-urban rhythm. Architecture leans contemporary condo towers with concierge-style lobbies and shaded courtyards. Mizner Park’s amphitheater calendar and museum campus shape the cultural backdrop. Royal Palm Place adds European-style passages and café tables under string lights. The setting places beaches, the Intracoastal, and downtown offices within a short drive.
Provided by Walk Score and Local Logic
Offer insights
550 SE Mizner Blvd Unit B506 · $959,000
$939K and above
75% chance or better to win
Why $939K+ is a strong offer
DAYS ON MARKET
68 days
The average home goes pending in 99 days.
SALE-TO-LIST
93.8%
Most homes are selling 6% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Walk-in closet(s)
Storm windows
Bedrooms
1 bedroom on the main level
Bathrooms
1 full bathroom
1 half bathroom
Kitchen
Dishwasher
Disposal
Electric range
Microwave
Refrigerator
Electric water heater
Laundry & utility
Laundry closet inside unit
Flooring
Tile
Heating & cooling
Central heating (electric)
Central air (electric)
Ceiling fan(s)
Exterior features
No waterfront
Concrete and Spanish tile roof
Block foundation
Home design
Condominium
One level
Faces west
Resale unit
Common-area accessibility features
Parking
Attached 1-car garage
1 covered parking space
Assigned, guest and valet parking; under-building parking
Security
Building security with lobby attended
Closed-circuit cameras
Fire alarm and sprinkler system
Security system
Security patrol
Smoke detectors
Gated with guard
Construction
CBS construction
Utilities
Public water
Public sewer (also lists private sewer)
Other utilities
HOA & community
Association: Townsend Place
Monthly association fee
Association amenities include elevator(s), hot water, parking, pool, spa/hot tub, trash chute, bike storage, business center, internet included, lobby, gated security, maintenance, recreation facilities
Financial info
Pets allowed (cats and dogs OK; breed, number and size restrictions apply)
196 units in the community
Other
Association fees include cable TV, insurance, internet, grounds maintenance, security, sewer, trash, water, common areas, elevator, recreation facility
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 550 SE Mizner Blvd Unit B506
Sale History
Tax History
Date
Event
Price
Beaches MLS #B26066360
Aug 20, 2026
Listed
$959,000
$607/sq ft
Beaches MLS #R11029174
Sep 23, 2025
Sold
$800,000
$506/sq ft
Sep 5, 2025
Contingent
—
May 7, 2025
Price Changed
$895,000
$566/sq ft
Apr 10, 2025
Price Changed
$950,000
$601/sq ft
Oct 17, 2024
Listed
$999,000
$632/sq ft
+48
Best Value in Downtown Boca Raton! This is your chance to live large at Townsend Place—a rarely available 1-bedroom, 1.5-bath residence with nearly 1,600 sq. ft. of sophisticated space in the heart of downtown Boca. Enjoy unbeatable walkability to Mizner Park, top restaurants, shopping, and the beach—all just steps from your door. The building offers full-service luxury with a doorman, concierge, valet, resort-style pool, fitness center, sauna, and more. Additional perks include a billiards room, expansive terrace, oversized laundry room, bike storage, and dedicated storage unit. This is the best value for square footage in a premier downtown location—don't miss it!
RMLSFL #RX-11029340
Nov 25, 2024
Rental Removed
$5,500
$3/sq ft
Nov 11, 2024
Price Changed
$5,500
$3/sq ft
Oct 17, 2024
Listed for Rent
$6,750
$4/sq ft
Public Records
May 1, 2003
Sold
$329,800
$209/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,996 (+3.1%)
2024
$5,816 (+2.5%)
2023
$5,676 (−0.3%)
2022
$5,692 (+0.7%)
2021
$5,651 (+1.5%)
2020
$5,569 (−0.3%)
2019
$5,585 (+7.0%)
2018
$5,222 (+0.9%)
2017
$5,176 (+0.2%)
2016
$5,168 (−2.3%)
2015
$5,289 (−0.3%)
2014
$5,307 (+1.3%)
2013
$5,238 (+0.3%)
2012
$5,221 (−1.2%)
2011
$5,282
Public record
Public record
Zoning
Beds
1
Baths
1.5
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
1,580
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,580
Year built
2003
Style
Condo/Co-op
County
Palm Beach County
APN
06434729490025060
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 28, 2026.
DDRI
Downtown Development of Regional Impact District
The use, intensity and development of any property located within the community redevelopment area, irrespective of the designation on the zoning map of the city, shall be governed by the provisions and requirements contained in the downtown development of regional impact development order adopted by the city council on March 15, 1988, and as may subsequently be amended.
Climate risks
1/10 Flood Factor
Minimal risk 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, 24 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)
74
61
76
63
79
67
81
73
86
77
88
79
90
80
91
79
88
77
84
76
81
70
78
67
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 550 SE Mizner Blvd Unit B506
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $563,000 and $1,595,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $563K to $1.6M.