A condominium in downtown Boca Raton, Florida
Townsend Place, Boca Raton
A condominium of 194 residences in two buildings at 500 and 550 Southeast Mizner Boulevard in downtown Boca Raton, built from 1998 to 2003.
Homes, years and sizes: Palm Beach County property records (2025 tax roll); plats: Palm Beach County recorded plats.
Overview
About Townsend Place
Townsend Place is a downtown condominium on Southeast Mizner Boulevard, in two buildings at 500 and 550. The county roll counts 194 residences: the first building was finished in 1998 and the second by 2003.
Units are generous for downtown. The typical residence has about 2,000 square feet of living area on the county roll, and the larger plans, including penthouses, run to about 2,460.
It was recorded on its own plat, Townsend Place, at PB 81, page 119. It sits in the 33432 ZIP east of Federal Highway, under a mile from Mizner Park and a short drive over the Intracoastal to the beach parks on A1A.
The two buildings share one condominium name on the roll. We confirm which association governs a specific unit, with its rules on pets, leasing and renovations.
At a glance
- Streets
- 500 and 550 Southeast Mizner Boulevard
- Home type
- Condominiums
- Built
- Mostly 1998 to 2003
- Living area
- About 1,580 to 2,460 sq ft
- Zip code
- 33432
- County
- Palm Beach County
- Recorded plat
- Townsend Place
On the market now
Homes for Sale in Townsend Place
Listings inside the boundary of Townsend Place, newest first, updated through the day from BeachesMLS. No condominiums are listed for sale here right now. New listings come up through the year; ask me to watch for one.
$2,095,000
New Listing
550 SE Mizner Boulevard B707 Boca Raton, Florida
2 Beds 3 Baths 1,968 SqFt
$1,349,000
For Sale
550 SE Mizner Boulevard B709 Boca Raton, Florida
1 Beds 2 Baths 1,580 SqFt
$1,800,000
Pending
500 SE MIZNER Boulevard A504 Boca Raton, Florida
2 Beds 3 Baths 1,982 SqFt
$874,950
For Sale
500 SE MIZNER Boulevard A710 Boca Raton, Florida
1 Beds 2 Baths 1,446 SqFt
$959,000
For Sale
550 SE Mizner Boulevard B506 Boca Raton, Florida
1 Beds 2 Baths 1,580 SqFt
$1,280,000
For Sale
500 SE MIZNER Boulevard A802 Boca Raton, Florida
2 Beds 3 Baths 2,005 SqFt
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than Douglas Elliman Real Estate are identified with the listing firm’s name on each listing’s detail page. Listing data last updated Friday, November 6th, 2026 at 09:04:30 AM.
Closed sales
The Townsend Place Market
Closed sales inside the boundary of Townsend Place, every home type together. Medians and the middle range say more than any average, and in a community this size a single unusual sale can move a year.
Townsend Place recorded 11 closed sales in the twelve months through October 2026. Medians, so one unusual sale does not move them; we break the numbers out by home type for any home you are considering.
| Measure | Last 12 months | Year before | Change |
|---|---|---|---|
| Homes sold | 11 | 6 | +83% |
| Median sale price | $1,200,000 | $1,630,000 | -26% |
| Median price per sq ft | $610 | $772 | -21% |
| Middle 80% of sales | $1,080,000 to $1,595,000 | $800,000 to $2,100,000 | |
| Active listings now | 0 |
BeachesMLS closed sales inside the boundary of Townsend Place, twelve months through October 2026, via IDX Broker. Active listings now is live from the MLS feed; the median asking price updates monthly. Listing information deemed reliable but not guaranteed.
Association and costs
The Townsend Place Association and What It Costs
Who runs the association, what governs it, and what current listings say the fee is.
| Governed by | Chapter 718, Florida Statutes (condominiums) |
|---|
Association Fees From Current Listings
| Association fee, median | $2,465 a month |
|---|---|
| Typical range | $1,945 to $2,825 a month |
| Association or manager named in listings | Townsend Place, Townsend Place Condominium |
| Usually covers | Common Areas, Security, Trash, Maintenance Grounds, Water, Cable TV, Insurance, Sewer |
| Club membership | Not required |
From 20 current and recent BeachesMLS listings in Townsend Place, via IDX Broker, refreshed weekly. Fees are monthly equivalents of the association fees in each listing; condo, master and sub-association fees can stack. The recorded documents, the current budget and the estoppel govern.
What Else to Check
- Condominium association We confirm the budget, reserves and any special assessment from the condominium documents for a specific unit.
- Taxes and insurance After a sale the assessed value resets the following January. Flood zone and roof age drive insurance quotes, so we check both for the address.
- Estoppel The closing agent orders an estoppel certificate from each association, which confirms what is owed at closing.
Documents to Review Before Closing
- Before you sign: leasing, pet and approval rules if they matter to you
- After you sign: the declaration, articles, bylaws, rules, budget and reserves, with the cancellation window Florida law sets once you receive them
- For buildings three stories or taller: milestone inspection and structural integrity reserve study status
- Before closing: the estoppel certificate from the condominium association
Where it sits
Around Townsend Place
Places nearby; distances are straight-line estimates from the center of Townsend Place, and driving routes are longer.
Zoned Public Schools
At the center of Townsend Place, the School District of Palm Beach County zones Boca Raton Elementary (elementary), Boca Raton Middle (middle) and Boca Raton High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Elementary
- Boca Raton Elementary
Middle
- Boca Raton Middle
High
- Boca Raton High
How it came to be
A Short History of Townsend Place
- 1998
The first Townsend Place building was completed, according to the county roll.
- 2003
The second building was completed, bringing the roll to 194 residences.
Sources: Palm Beach County 2025 tax roll (Florida Department of Revenue), Palm Beach County recorded plats.
The boundary
Townsend Place on the Map
Questions
Questions Buyers Ask About Townsend Place
What do condominiums in Townsend Place cost right now?
No condominiums are listed for sale here right now. New listings come up through the year; ask me to watch for one. The market section above shows what condominiums here actually sold for over the past year.
Where is Townsend Place?
At 500 and 550 Southeast Mizner Boulevard in downtown Boca Raton, east of Federal Highway in the 33432 ZIP, under a mile from Mizner Park.
How many buildings are at Townsend Place?
Two, at 500 and 550 Southeast Mizner Boulevard, with 194 residences between them on the county roll.
How big are the units at Townsend Place?
The typical unit has about 2,000 square feet of living area on the county roll; the larger plans run to about 2,460.
When was Townsend Place built?
The first building was finished in 1998 and the second by 2003, according to the county roll.
How many condominiums are in Townsend Place, and when were they built?
Palm Beach County property records list 194 residential parcels in Townsend Place, most built 1998 to 2003, with a typical living area of about 2,000 square feet.
What are the association fees in Townsend Place?
The fee table on this page is drawn live from current and recent listings. The seller’s disclosure, the condominium documents and the estoppel certificate confirm the exact amount for a specific home.
Which public schools serve Townsend Place?
At the center of Townsend Place, the School District of Palm Beach County zones Boca Raton Elementary (elementary), Boca Raton Middle (middle) and Boca Raton High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Keep Exploring
More Boca Raton Neighborhood Guides
Townsend Place · Boca Raton
Let Us Take Care of the Details
Tell us the street or the home in Townsend Place. We come back with the listings, the association’s fees and rules, and what similar condominiums sold for, then arrange the visits and coordinate every step to closing day.
Monika Phillips, Sales Associate, Douglas Elliman Real Estate
- Association fees, rules and documents gathered for each home
- Leasing and approval rules pulled up front
- Tax bill and flood zone checked for the address
- One team from the first look to closing day
Home counts, years built and sizes come from Palm Beach County property records (2025 tax roll) and recorded plats; association records from the Florida Division of Corporations; school zones from the School District of Palm Beach County. Listing and sales data from BeachesMLS via IDX is deemed reliable but not guaranteed; listings may be held by brokerages other than Douglas Elliman. Association fees shown come from current and recent listings and can differ from the association’s budget; recorded documents and the associations’ own figures control. Verify anything that matters to your decision with the source. Monika Phillips, Sales Associate, Douglas Elliman Real Estate. Equal Housing Opportunity.
