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Built in 1998 - 194 units - 9 floors

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Building Information

Townsend Place A & B

Number of units: 194
Active listings for rent: 4
Active listings for sale: 13
Building inventory for sale: 6%
Number of sales over the last 12 months: 12
Number of sales over the last 6 months: 7
Number of sales over the last 3 months: 2
Avg. time to close over last 12 months: 35 days

Address

500 SE Mizner Blvd, Boca Raton, Palm Beach, FL, 33432

Townsend Place Condominum Association
500 SE Mizner Blvd
Boca Raton, FL 33432
(561) 393-7667

Recent Sales

Unit # Size Closing Date Sale Price PPSF
A504 1,982 sq ft Apr 2024 $1,600,000 $807
B411 2,383 sq ft Mar 2024 $1,550,000 $650
A705 2,452 sq ft Feb 2024 $2,435,000 $993
B505 2,457 sq ft Jan 2024 $2,199,900 $895
A602 2,005 sq ft Jan 2024 $1,250,000 $623
B209 1,580 sq ft Jan 2024 $887,500 $562

Market Information

Building vs Area

Townsend Place A & B: $758/sq. ft.
Boca Raton: $463/sq. ft.

Area vs City

Boca Raton $463/sq. ft.
Palm Beach $475/sq. ft.

Inventory for sale

Boca Raton: 3%
Palm Beach: 3%

Avg. time to close over last 12 months

Townsend Place A & B 35 days
Boca Raton: 57 days
Palm Beach: 56 days