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$24,000,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 5 Beds
  • 5 Full Baths
  • 2 Partial Baths
  • 8,435 Sq. Ft.
  • Updated 1 hour ago
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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.

Full Property Details for 500 SE 5th Ave #1201s

General

  • Price: $24,000,000
  • HOA FEE: $10,672/month
  • Taxes: $124,642 (2025)
  • Status: Active
  • Type: Condo
  • Source: Regional
  • MLS ID: B26024360
  • Updated: Today (5/5/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 3
  • Interior 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
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Floor Baths: 7

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Main: 5

Other Rooms

  • Laundry: Washer Hookup, Inside, Laundry Closet, Laundry Tub, Washer Dryer Install Allowed

Additional Information

  • Shared Amenities: Billiard Room, Bike Storage, Clubhouse, Elevator(s), Fitness Center, Library, Management, Pool, Parking, Recreation Facilities, Sauna, Spa/Hot Tub, Storage, Trash
  • Pool: Yes
  • Pool Description: Association
  • Security/Safety: Security System, Fire Sprinkler System, Gated with Guard, Gated Community, Security Guard

Exterior

  • Exterior Features: Balcony, Outdoor Living Area
  • Porch/Patio/Deck: Covered, Patio, Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 4
  • Covered Spaces: 4
  • Total Spaces: 4
  • Parking Features: Assigned, Attached, Garage, Guest

Location

  • County: Palm Beach
  • Subdivision: MIZNER GRAND CONDO
  • Driving Directions: ENTER MIZNER VILLAGE AT SE 5TH AVE GATE GUARD WILL DIRECT YOU TO VALET
  • Direction Faces: East

School Information

  • Elementary School: Boca Raton
  • Middle School: Boca Raton Community
  • High School: Boca Raton

Community

  • Community Name: 4260
  • Association: Yes
  • Assoc. Fees Include: Common Areas, Hot Water, Insurance, Maintenance Grounds, Pest Control, Security, Trash, Water
  • Units Assoc/Comm: 138
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Zoned
  • Heating Type: Central, Zoned

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Water Available

Structural Information

  • Structure Type: Multi Family
  • Model: DOUBLE PENTHOUSE
  • Construction: Block
  • Roof: Other
  • Windows: Metal, Other, Single Hung, Storm Window(s)
  • Stories/Levels: 1
  • Building Size: 9650
  • Square Feet: 8,435
  • Sq. Ft. Source: Other
  • Living Area: 8,435 Sq. Ft.
  • Year Built: 1999
  • Property Condition: Resale

Lot Features

  • Property View: Intercoastal, Ocean, Water
  • Zoning: RES

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Intracoastal Access
  • Water Front View: Intracoastal Access

Financial Considerations

  • Association Fee: $10,672
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $124,642.48
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: MIZNER GRAND COND UNIT SOUTH PH 1 & SOUTH PH 2
  • Disclosures/Rstr.: Special Assessment
  • Property ID: 6434729500021201
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 500 SE 5th Ave #1201s —

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NMLS#: 1598647

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Schools serving 500 SE 5th Ave #1201s

School District:Palm Beach County School District
NameGradesDistance
Boca Raton Elementary School
103 Southwest 1st Avenue, Boca Raton, FL 33432
K-50.8 mi
Boca Raton Community Middle School
1251 Northwest 8th Street, Boca Raton, FL 33486
6-82.5 mi
Boca Raton Community High School
1501 Northwest 15th Court, Boca Raton, FL 33486
9-122.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 500 SE 5th Ave #1201s Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/05/2026
Listed
$24,000,000
281.56%
MLS
1/12/2012
Sold
$6,290,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 500 SE 5th Ave #1201s

Year
Property Taxes
Change
Tax Assessment
Change
2025
$124,642
2%
$7,356,000
2%
2024
$122,337
2%
$7,216,180
3%
2023
$119,784
13%
$7,006,000
10%
2022
$106,045
11%
$6,353,640
20%
2021
$95,943
-3%
$5,300,000
—
2019
$98,736
6%
$5,300,000
1%
2018
$93,449
2%
$5,250,000
4%
2017
$91,358
—
$5,050,000
3%
2016
$90,965
1%
$4,900,000
5%
2015
$90,509
9%
$4,675,000
10%
2014
$82,721
6%
$4,250,000
6%
2013
$78,142
—
$4,000,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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505 NE 1st Ave, Deerfield Beach, FL 33441 - Photo 1 Price Reduced
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Recent Sales near 500 SE 5th Ave #1201s

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500 SE 5th Avenue #1201s, Boca Raton, FL 33432 (MLS# B26024360) is a Condo property with 5 bedrooms, 5 full bathrooms and 2 partial bathrooms. 500 SE 5th Avenue #1201s is currently listed for $24,000,000 and was received on May 05, 2026. This property is listed by Jonathan Postma Group from our The Boca Raton Resort & Beaches Office.Want to learn more about 500 SE 5th Avenue #1201s? Do you have questions about finding other Condo real estate for sale in Boca Raton? You can browse all Boca Raton real estate or contact a Coldwell Banker agent to request more information.

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