500 SE 5th Avenue #1201s, Boca Raton, FL, 33432
About This Home
The crown jewel of Mizner Grand, this completely reimagined double penthouse offers an extraordinary waterfront lifestyle overlooking Lake Boca. Spanning over 8,400 square feet, this one-of-a-kind 5-bedroom, 5 full and 2 half bath residence showcases soaring 12-foot ceilings, expansive entertaining spaces, and impeccable design throughout. This masterfully envisioned penthouse reflects a curated blend of sophistication and craftsmanship, with the finest materials and finishes at every turn. A private elevator entry opens to a grand living room with panoramic water views and an elegant wet bar, creating a stunning setting for both intimate living and entertaining. The chef's kitchen is thoughtfully designed with generous storage, a butler's pantry, and formal dining room. The residence features five spacious bedroom suites, including dual primary suites with luxurious baths, along with a family room, and media room. Expansive terraces capture sweeping vistas of Lake Boca, the Intracoastal, ocean, and city skyline, offering seamless indoor-outdoor living. Complete with four parking spaces and the exclusivity of Mizner Grand, this exceptional penthouse represents the pinnacle of Boca Raton luxury living.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1999
Materials
- Roof: Other
- Construction materials: Block
Other
- Builder model: DOUBLE PENTHOUSE
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Electric Range,Free-Standing Freezer,Disposal,Ice Maker,Microwave,Oven,Refrigerator,Washer
- Laundry features: Washer Hookup,Inside,Laundry Closet,Laundry Tub,Washer Dryer Install Allowed
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
- Main level bathrooms: 7
- Main level bedrooms: 5
Features
- Wet Bar,Bidet,Breakfast Area,Bathtub,Central Vacuum,Dining Area,Separate/Formal Dining Room,Dual Sinks,Entrance Foyer,Eat-in Kitchen,Garden Tub/Roman Tub,High Ceilings,Multiple Primary Suites,Multiple En Suite Bathrooms,Pantry,Split Bedrooms,Storage,Soaking Tub,Separate Shower,Tub Shower,Bar
- Window features: Metal,Other,Single Hung,Storm Window(s)
- Flooring: Other
Heating & Cooling
- Heating features: Central,Zoned
- Cooling features: Central Air,Zoned
Interior Area
- Total structure area: 9,650
- Total interior livable area: 8,435 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 06434729500021201
- Zoning: RES
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: Association
- Patio & porch: Covered,Patio,Balcony
- Exterior features: Balcony,Outdoor Living Area
- Has view: Yes
- View description: Intercoastal,Ocean,Water
- Has water view: Yes
- Water view: Intercoastal,Ocean,Water
- On waterfront: Yes
- Waterfront features: Intracoastal Access
Parking
- Total spaces: 4
- Parking features: Assigned,Attached,Garage,Guest
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Hurricane
- Coastal Flooding
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Palm Beach County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $121,357 | $1,456,284 |
| Home Insurance * | $12,331 | $147,972 |
| Property Taxes | $33,433 | $401,196 |
| Electricity | $848 | $10,186 |
| Total | $167,969 | $2,015,628 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $24,000,000 |
| 2012-01-13 | Sold | $6,290,000 |
| 2011-07-08 | Listed for sale | $8,995,000 |
| 1999-05-24 | Sold | $3,900,000 |
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