Premier Brokers International
500 SE 5th Avenue 1201s, Boca Raton, FL 33432
ActiveBeachesMLS
ActiveMLS® B26024360
$24,000,000

500 SE 5th Avenue 1201s, Boca Raton, FL 33432

Beds
5
Baths
7
Sqft
8,435
Est. payment$157,591/mo
Home type
Condominium
Year built
1999
Lot size
0 sqft
Price / sqft
$2,845
HOA
$10,673/mo
Community
MIZNER GRAND CONDO

Property description

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.

Listing activity

Days on market
134
Listed
May 5, 2026
MLS listing updated
Sep 16, 2026
Feed last checked
8 minutes ago

Listed by Jonathan G Postma · Coldwell Banker/BR

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
5
Bathrooms
7
Bathrooms (decimal)
6
Full bathrooms
5
Half bathrooms
2
Main-level bedrooms
5
Main-level bathrooms
7

Rooms & features

Rooms
3
Interior features
Bar, Bedroom Layout - Split, Central Vacuum, Entrance Foyer, High Ceilings, Pantry, Roman Tub, Storage, Walk-In Closet(s), Wet Bar
Flooring
Other
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Oven, Refrigerator, Washer
Laundry
Inside, Laundry Closet, Laundry Tub, Washer Hookup
Fireplace
No
Furnished
Unfurnished
Window features
Single Hung Metal, Storm Window(s), Other

Heating & cooling

Heating
Central, Zoned
Cooling
Central Air, Zoned
Property

Parking

Garage spaces
4
Garage
Yes
Carport
No
Parking spaces
4
Covered spaces
4
Parking features
Assigned, Attached Garage, Garage, Guest
Attached garage
Yes

Exterior

Stories
12
Building area
9,650 sqft
Patio & porch
Patio - Open, Patio - Covered, Patio
Exterior features
Balcony
Pool
No
View
Ocean, Intracoastal, Water
Waterfront
Intracoastal
Waterfront property
Yes

Lot

Lot size
0 sqft
Lot size (acres)
0 acres
Zoning
RES
Construction

Type & style

Home type
Condominium
Structure type
Multi Family
Year built
1999
New construction
No

Materials

Construction
CBS
Roof
Other
Property condition
Resale
Levels
One
Faces
East
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Water Available
Community & HOA

Community

Subdivision
MIZNER GRAND CONDO
MLS area
4260
MLS subarea
PB02
Security
Fire Sprinkler System, Gated with Guard, Security Guard, Security Patrol, Security System
Pets allowed
Number Limit, Size Limit, Yes
55+ community
No

Association

Has association
Yes
Association fee
$10,672.01 monthly
Estimated monthly dues
$10,673
Amenities
Pool, Bike Storage, Billiard Room, Clubhouse, Community Room, Elevator(s), Fitness Center, Game Room, Library, Management, Manager On Site, Parking, Sauna, Spa/Hot Tub, Storage, Trash Chute
Services included
Common Areas, Hot Water, Insurance, Maintenance Grounds, Pest Control, Security, Trash, Water
Lease details

Not reported by the listing source.

Location

Area details

City
Boca Raton
County
Palm Beach
ZIP code
33432
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26024360
Possession
Close Of Escrow
Original list price
$24,000,000
Parcel number
06434729500021201
Annual property tax
$124,642.48
Tax year
2025
Tax legal description
MIZNER GRAND COND UNIT SOUTH PH 1 & SOUTH PH 2
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association Amenities
Pool, Bike Storage, Billiard Room, Clubhouse, Community Room, Elevator(s), Fitness Center, Game Room, Library, Management, Manager On Site, Parking, Sauna, Spa/Hot Tub, Storage, Trash Chute
Association Fee Frequency
Monthly
Association Fee Includes
Common Areas, Hot Water, Insurance, Maintenance Grounds, Pest Control, Security, Trash, Water
Association
Yes
Bathrooms Total Decimal
6
Bathrooms Total Integer
7
Building Area Total
9650
Construction Materials
CBS
County Or Parish
Palm Beach
Days On Market
134
Direction Faces
East
Elementary School
Boca Raton
High School
Boca Raton
Laundry Features
Inside, Laundry Closet, Laundry Tub, Washer Hookup
List Price
24000000
Listing Contract Date
2026-05-05
Living Area
8435
Lot Size Acres
0
Lot Size Area
0
MLSArea Major
4260
MLSArea Minor
PB02
Main Level Bathrooms
7
Main Level Bedrooms
5
Middle Or Junior School
Boca Raton Community
Mls Status
Active
On Market Date
2026-05-05
Parking Total
4
Patio And Porch Features
Patio - Open, Patio - Covered, Patio
Photos Count
1
Postal Code
33432
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
3
Security Features
Fire Sprinkler System, Gated with Guard, Security Guard, Security Patrol, Security System
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-05-05T15:14:34Z
Stories Total
12
Subdivision Name
MIZNER GRAND CONDO
Water Source
Public
Waterfront Features
Intracoastal
Tax Annual Amount
124642.48
Bathrooms Full
5
Pool Private
No
Bedrooms Total
5
Bathrooms Half
2
Financial Information: Estimated Monthly Assoc Recurring Fee
10673

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
May 5, 2026ListedBeachesMLS$24,000,000$2,845/sqft

Public tax history

YearProperty taxesAssessment
2025$124,642—

Payment calculator

Estimated monthly payment$157,591/moIllustrative estimate, not a loan offer.
Principal & interest
$124,531
Property taxes
$10,387
Insurance
$12,000
Association dues
$10,673

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MIZNER GRAND CONDO

Boca Raton · Palm Beach County · 33432

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Boca RatonElementary
—
Boca Raton CommunityMiddle
—
Boca RatonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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12 homes

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BeachesMLS

BeachesMLS · Listing courtesy of Coldwell Banker/BR. 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 be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.