5500 NW 2nd Avenue

Boca Raton, FL 33487

$249,000

$237/ft²

1Beds

2Baths

1,050Sq ft

1970Year built

CondoType

About this home

Pristine and fully updated, this penthouse-level 1-bedroom plus den, 2-bathroom condo is located in the highly sought-after Boca Teeca community, offering resort-style living with a heated pool and beautifully maintained grounds. This top-floor unit includes numerous upgrades, including stainless steel appliances, granite countertops, solid wood kitchen cabinetry, porcelain tile flooring throughout, and impact-resistant windows. Enjoy abundant storage with a large walk-in closet and an additional custom-organized bedroom closet. The spacious den offers flexibility and can easily be converted into a second bedroom. Additional highlights include two built-in Murphy beds and negotiable furniture, providing a turnkey opportunity. Assigned parking and ample guest parking are available. The monthly COA fee includes cable TV with over 200 channels, high-speed internet, and water. Laundry facilities are conveniently located on each floor. Ideally situated just minutes from the beach, A-rated schools, world-class shopping, and some of Boca Raton's finest dining. The building just went through a complete upgrade with new elevators, updated lobby and pool area, parking lot re-surfaced, paint throughout, and NO ASSESSMENT WORRIES! The assessments have been paid in full! Adjacent to the former Ocean Breeze Golf Course, the property will soon benefit from an exciting new public park developed by the Boca Raton Park District, including a luxury pickleball facility. Move-in ready and an exceptional opportunity to own a top-floor condo, with fantastic views, in East Boca!

Features

Private pool

Property details

Listing

MLS #: B26022047
Status: For sale
Listed on: Apr 29, 2026
Days on market: 103 days
Listing data updated: Jul 27, 2026

Interior

Beds: 1
Baths: 2
Living area: 1,050 ft²
Price per ft²: $237/ft²
Unit: 718

Building & community

Type: Condo
Year built: 1970
HOA fee: $605/mo
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.

True monthly cost

Mortgage (principal & interest): $1,259
Property taxes (est.): $228
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $605

Estimated total$2,325*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

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?