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725 S Ocean Blvd #Penthouse 2, Boca Raton, FL, 33432

4beds
4baths
4,205sqft
$11,995,000
$2,853price/sqft
$75,435/moest. monthly cost
$3,017,400/yrincome needed

About This Home

Penthouse 2 at Boca Beach Residences is a rare, fully furnished waterfront offering with sweeping views of Lake Boca and the Atlantic Ocean from every guest suite. This 4-bedroom + den, 3.5-bath residence features a spacious flow-through layout with over 600 square feet of private outdoor space--including two terraces, one with a summer kitchen overlooking the Intracoastal. A private boat slip is included, offering direct access to South Florida's premier waterways. Every detail of this designer-finished residence reflects the essence of elevated coastal living. Wide-plank white oak flooring, floor-to-ceiling glass, custom motorized blinds, outfitted closets, and curated wall coverings create a sophisticated and harmonious interior. The chef's kitchen is appointed with Italian smoked-glass

Getting Around

38
WalkingCar-Dependent
27
TransitSome Transit
52
BikeBikeable

Schools

Construction

Condition

  • Year built: 2023

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Elevator

Interior Area

  • Total structure area: 4,205
  • Total interior livable area: 4,205 sqft

Property

Details

  • Parcel number: 06434729680004020

Features

  • Patio & porch: Patio
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront
  • Frontage type: Waterfront

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $60,653$727,836
Home Insurance *$6,163$73,956
Property Taxes $8,196$98,352
Electricity $423$5,078
Total$75,435$905,220
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,586,342/yr
40% on housing$2,263,050/yr
45% on housing$2,011,600/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,853This listing

vs Other Active Listings

Avg $/sqft

ZIP 33432$929
Palm Beach County$443

vs Homes Sold Last Month

Median $/sqft

ZIP 33432$996
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-09-01Listed for sale$11,995,000

For Sale by Agent

AgentRochelle LeCavalier
BrokerageDouglas Elliman

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