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550 SE 5th Avenue 203s, Boca Raton, FL 33432

$5,500,000
Property Type: Residential Bedrooms: 4 Baths: 5.1 Square Footage: 5,835 Status: Closed
Current Price: $5,500,000 Last Modified: 7/15/2025

Description

MIZNER GRAND - Exceptional Super-Sized, CENTER-STACK residence, located at 550 SE 5th Avenue, #203S, on the grounds of The Boca Raton Resort and Club, affords breathtaking panoramic 180-degree EAST EXPOSURE views of Lake Boca and the Intracoastal Waterway, visible from the Kitchen, Breakfast Area, Oversized Double Den, Living Room, and Primary Suite. At 5,835 sq. ft. this expansive residence includes 4 Bedrooms + Media Room + 5.5 Bathrooms and features direct access from the lobby or elevator to the unit owner's private exclusive use entrance foyer and features high ceilings and full-impact windows and doors throughout.

Supplements: Mizner Grand is situated on nearly 800 feet of Intracoastal frontage and is surrounded by beautifully landscaped grounds, creating an oasis of tranquility. Residents enjoy access to all-new, first-class services & amenities, including 2 newly renovated pools, 2 fully appointed gyms for aerobics and weight training, and locker rooms with hot / cold whirlpools, sauna, and showers. Two card rooms and club rooms equipped with wet bars offering complimentary coffee and light snacks throughout the day by café attendants. Additionally, Mizner Grand features double-gated "armed" security within the already secure Mizner Village community, providing peace of mind, a full-service concierge, multiple parking valet stations and professional on-site management. Secure garage parking for 2 cars is included. Located directly adjacent and a 2-minute walk to The Boca Raton Resort & Club (separate membership required), and nearby fine dining and shopping options, this residence is perfectly positioned for a lifestyle of luxury and convenience. Mizner Grand is currently in the finishing stages of a $40+ million renovation of its common areas, set to be completed in mid-2025, ensuring that this property will continue to offer unparalleled luxury for years to come. Seller has paid all assessments in full.

More Information MLS# RX-11058223

Contract Information

Auction: No List Price/SqFt: 1113.11 Negotiable Seller Concessions YN: No Listing Date: 2025-02-01 Status: Closed Original List Price: 6750000 Sold Price: $5,500,000 Current Price: $5,500,000

General Property Description

Governing Bodies: Condo W/D Allowed: Yes Main Level Bedrooms: 4 Main Level Bathrooms: 6 Property Condition: Resale SqFt - Total: 6418 Waterfront: Yes SqFt Source: Floor Plan Waterfrontage: 800' Gated Community: Yes Covered Spaces: 2 Development Name: MIZNER GRAND CONDO Homeowners Assoc: Mandatory Pets Allowed: Yes Maximum Number of Pets: 2 Total Weight Limit (Pets): 70 Pets on Premises: No Bldg #: 550 Front Exp: East HOA/POA/COA (Monthly): 6684.49 Year Roof Installed: 2024 Unit Floor #: 2 Application Fee: 150 Association Deposit: No Directions: Palmetto Park Rd. > South on 5th Ave.to Mizner Village Security Gate > Straight to Mizner Grand Security Gate > Guard will direct you to SOUTH Parking Valet > Valet will escort you to the Elevator Dock: N Total Units in Bldg: 138 Membership Fee Required: No Ttl Units in Complex: 138 Capital Contribution: Yes Capital Contribution Amount: 33422 Private Pool: No Spa: No Type: Condo/Coop Total Bedrooms: 4 Baths - Full: 5 Baths - Half: 1 Baths - Total: 5.1 Year Built: 1999 SqFt - Living: 5835 Garage Spaces: 2 Subdivision: MIZNER GRAND CONDO Legal Desc: MIZNER GRAND COND UNIT SOUTH 203 Total Floors/Stories: 11

Location, Tax & Legal

Geo Area: PB02 Country: United States State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2024 Zoning: R5(cit Short Sale A/U: N/A Short Sale Addendum: No Taxes: 62167.2 Multiple Ofrs Acptd: Yes Special Assessment: No REO: No Area: 4260 County: Palm Beach Parcel ID: 06434729500020203 Street #: 550 Street Dir: SE Street Name: 5th Street Suffix: Avenue Unit #: 203s Zip Code: 33432 Geo Lat: 26.344605 Geo Lon: -80.077171

Office/Member Info

DXORIGMLNO: RX-11058223 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/SqFt: 942.58 Under Contract Date: 2025-05-02 Sold Date: 2025-07-15 Sold Price: $5,500,000

Lease Info

Min Days to Lease: 183 Lease Times p/Year: 1

Design

4+ Floors: 1

Construction

CBS: 1 Concrete: 1

Master Bedroom/Bath

Bidet: 1 Dual Sinks: 1

View

Intracoastal: 1 Lake: 1 Pool: 1

Rooms

Den/Office: 1 Family: 1 Great: 1 Laundry-Util/Closet: 1 Media: 1 Storage: 1

Waterfront Details

Intracoastal: 1 Lake: 1

Equip/Appl Included

Dishwasher: 1 Dryer: 1 Microwave: 1 Range - Electric: 1 Refrigerator: 1 Wall Oven: 1

Laundry Appliances Included

Washer and Dryer: 1

Cooling

Central: 1 Central Individual: 1

Heating

Central: 1 Electric: 1

Furnished

Furniture Negotiable: 1 Unfurnished: 1

Interior Features

Bar: 1 Built-in Shelves: 1 Decorative Fireplace: 1 Fire Sprinkler: 1 Foyer: 1 Kitchen Island: 1 Pantry: 1 Roman Tub: 1 Walk-in Closet: 1 Wet Bar: 1

Flooring

Marble: 1

Porch/Patio/Balcony

Balcony: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Parking

2+ Spaces: 1 Assigned: 1 Covered: 1 Garage - Building: 1 Guest: 1

Pet Restrictions

Number Limit: 1

Restrict

Buyer Approval: 1 Interview Required: 1 Tenant Approval: 1

Security

Burglar Alarm: 1 Doorman: 1 Entry Phone: 1 Gate - Manned: 1 Lobby: 1 Private Guard: 1 Security Light: 1 Security Patrol: 1 Security Sys-Owned: 1 TV Camera: 1

Subdiv. Amenities

Bike Storage: 1 Cafe/Restaurant: 1 Community Room: 1 Elevator: 1 Extra Storage: 1 Fitness Center: 1 Game Room: 1 Internet Included: 1 Library: 1 Lobby: 1 Pool: 1 Sauna: 1 Sidewalks: 1 Trash Chute: 1 Whirlpool: 1

Maintenance Fee Incl

Common Areas: 1 Elevator: 1 Insurance-Bldg: 1 Janitor: 1 Maintenance-Exterior: 1 Management Fees: 1 Manager: 1 Parking: 1 Pest Control: 1 Pool Service: 1 Reserve Funds: 1 Roof Maintenance: 1 Security: 1 Sewer: 1 Trash Removal: 1 Water: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1

Showing Instructions

Text Listing Agent: 1

Storm Protection

Impact Glass: Complete

Dining Area

Breakfast Area: 1 Formal: 1

Taxes

No Homestead: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Design: 4+ Floors Construction: CBS; Concrete View: Intracoastal; Lake; Pool Waterfront Details: Intracoastal; Lake Interior Features: Bar; Built-in Shelves; Decorative Fireplace; Fire Sprinkler; Foyer; Kitchen Island; Pantry; Roman Tub; Walk-in Closet; Wet Bar Furnished: Furniture Negotiable; Unfurnished Rooms: Den/Office; Family; Great; Laundry-Util/Closet; Media; Storage Parking: 2+ Spaces; Assigned; Covered; Garage - Building; Guest Maintenance Fee Incl: Common Areas; Elevator; Insurance-Bldg; Janitor; Maintenance-Exterior; Management Fees; Manager; Parking; Pest Control; Pool Service; Reserve Funds; Roof Maintenance; Security; Sewer; Trash Removal; Water Pet Restrictions: Number Limit Restrict: Buyer Approval; Interview Required; Tenant Approval Security: Burglar Alarm; Doorman; Entry Phone; Gate - Manned; Lobby; Private Guard; Security Light; Security Patrol; Security Sys-Owned; TV Camera Flooring: Marble Heating: Central; Electric Cooling: Central; Central Individual Laundry Appliances Included: Washer and Dryer Dining Area: Breakfast Area; Formal Terms Considered: Cash; Conventional Utilities: Electric; Public Sewer; Public Water Taxes: No Homestead Possession: At Closing Showing Instructions: Text Listing Agent Contingencies: None

Room Information

Living Room Length: 33.00 Width: 23.00 Length: 33.00 Level: Main Width: 23.00 Kitchen Length: 18.00 Width: 13.00 Length: 18.00 Level: Main Width: 13.00 Master Bedroom Length: 26.00 Width: 18.00 Length: 26.00 Level: Main Width: 18.00 Bedroom 2 Length: 19.00 Width: 13.00 Length: 19.00 Level: Main Width: 13.00 Bedroom 3 Length: 18.00 Width: 13.00 Length: 18.00 Level: Main Width: 13.00 Bedroom 4 Length: 19.00 Width: 13.00 Length: 19.00 Level: Main Width: 13.00 Dining Room Length: 18.00 Width: 13.00 Length: 18.00 Level: Main Width: 13.00 Utility Room Length: 9.00 Width: 6.00 Length: 9.00 Level: Main Width: 6.00 Family Room
Listing Office: Compass Florida LLC
IDX
Last Updated: July - 15 - 2025
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