550 SE Mizner Boulevard, #B402, Boca Raton, FL, 33432 | $1,200,000

Residence B402 presents the ideal open layout for a dream vacation home. Situated in the heart of downtown Boca Raton at Townsend Place, one of East Boca Raton's most established private condominium communities. Perched on the fourth floor, the home sits amid the Palm Trees overlooking the Townsend Place outdoor amenities. The oversized terrace sets the stage for a classic home with modern upgrades.

A large central great room is framed by floor to ceiling glass doors that bring in morning sun and extend the interior outward. The updated kitchen with simple crisp white cabinetry opens to a dining and lounge area that borders the terrace, featuring spectacular views of the resort-style pool deck, with The Boca Raton golf course beyond. The split layout feature two large bedroom suites offering privacy and comfort. Plus, an expanded bonus room with French doors can serve as a office, media room, or an extra guest bedroom. Throughout, the residence the finishes remain clean and uncomplicated, allowing the new owner to shape the home to their own aesthetic or buy it fully furnished and turnkey. What distinguishes life at Townsend Place is the building's perfect combination of a discrete yet luxury community. A 24-hour a day staffed gate ensures a private experience. The full-service staff including a valet and concierge team available for all the residences needs, providing a five-star resort experience that rivals most luxury hotels. Amenities include a manicured pool deck, access to two well-equipped fitness centers, spa areas with steam and sauna, and interior club lounges and card rooms, perfect for entertaining or casual gatherings with neighbors. Fostering a sense of community. The surrounding area is at the center of the evolving downtown Boca Raton culture. The neighborhood has grown into a walkable enclave with a sophisticated but relaxed rhythm, where daily errands, coffee, dinner, or a morning at the ocean require little more than stepping outside the gate. From this address, you can move easily between the beach, waterfront parks and walking trails, Mizner Park's abundant music, entertainment and dining options, and the boutiques, design shops and salons popping up at Royal Palm Plaza, down Palmetto Park Road and into the surrounding neighborhood. The outdoor sports options are endless. From waterfront golf to paddle boarding, walking, biking and even kayaking or boating on the Intracoastal and in Lake Boca, East Boca has it all. This modern and bright home provides a retreat at one of the leading Boca Raton communities and the perfect backdrop for an active downtown lifestyle. All furniture negotiable. Artwork not included. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2026 by the listing company. All Rights Reserved.

Features

  • Parking: Assigned, Circular Driveway, Garage Door Opener, Guest, Under Building, Garage
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 9
  • Amenities: Elevator(s), Fitness Center, Parking, Pool, Sauna, Storage, Manager On Site, Trash Chute, Bike Storage, Community Room, Lobby
  • Rooms: 9
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet, Inside
  • Complex: TOWNSEND PLACE CONDO
  • Development: Townsend Place
  • Year Built: 2003
  • Common Charge: $2,465 Monthly
  • Approx Sq. Feet: 1,986
  • Est. Taxes: $16,762
  • Lot Desc: On Golf Course
  • View: Golf Course, Pool, Pond
  • Elem. School: Boca Raton
  • Middle School: Boca Raton Community
  • High School: Boca Raton
  • Pool: Yes
  • Pet Policy: Yes, Breed Restrictions, Number Limit, Size Limit, Pet Restrictions Possible
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Microwave, Oven, Refrigerator, Washer
  • MLS#: RX-11143924
  • Website: https://www.raveis.com
    /prop/RX-11143924/550semiznerboulevard_bocaraton_fl?source=qrflyer
Copyright © 2026  Beaches Multiple Listing Service, Inc
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Listing courtesy of Premier Estate Properties, Inc

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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550 SE Mizner Boulevard, #B402, Boca Raton, FL, 33432

$1,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.263% 6.259% 6.223%
Monthly Tax Payment $1,397 $1,397 $1,397
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,602 $5,833 $8,101
Total Monthly Payment $7,124 $7,355 $9,623

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.