550 SE Mizner Boulevard

Boca Raton, FL 33432

$7,950/mo

2Beds

2.5Baths

1,986Sq ft

2003Year built

CondoType

About this home

LOCATION LUXURY & PRIVACY!!! Located on the 5th floor of the newly fully iconic renovated Townsend Place, facing Southeast, this very spacious split 2 bed + den with a closet that can be use as a guest bedroom or a private office, 2.5 bath, boasts over 1,986 square feet of living space and high 9-foot ceilings, large impact glass windows and floor-to-ceiling sliders opening to an oversized glass balcony. All rooms have private access to the balcony. Very nice unit with saturnia floor, crown moldings, plantation shutters. Townsend Place is perfectly located in the heart of downtown, between the Boca Raton Resort and Royal Palm Plaza, a world-class shopping and dining area. It is walking distance from Mizner Park and the beautiful Boca Raton beach. This international destination is served by three airports, including the executive Boca Raton Airport. This building provides water, trash chutes, and a covered and secured parking garage, a fire sprinkler system throughout the building, 2 social rooms with card tables, catering kitchen, billiards, lounge, 2 state-of-the-art fitness facilities, men's and women's sauna, and steam room. The magnificent sea salt system swimming pool area features a sun deck with lounge chairs and Jacuzzi, all overlooking the Boca Resort golf course. This full-service luxury building presents all the signs of quality and class with a manager on site, concierge service, reception and delivery package service, valet parking, round-the-clock security, and 24-hour gate-manned entrance. Don't wait! Get ready for a 5-star lifestyle. Townsend Place condominium association requires a $500 move in fee + $500 move out fee

Features

Private pool

Property details

Listing

MLS #: R11163442
Status: For sale
Listed on: Feb 13, 2026
Days on market: 181 days
Listing data updated: Aug 11, 2026

Interior

Beds: 2
Baths: 2.5
Living area: 1,986 ft²
Unit: B501

Building & community

Type: Condo
Year built: 2003
County: Palm Beach

Lot & exterior

Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?