Does the renowned architect Vander Ploeg & Associates and award-winning "Interiors by Steven G" sound familiar to you? It's the design duo that leading builders Kaufman Lynn Construction contracted for the recent city addition Tower 155, drawing rave reviews from homebuyers. In the world of high-end communities, especially those that drive the action in Downtown Boca Raton, success follows success. Indeed, the same team inspired the 2009 development of 115 Mediterranean-style condos, townhouses, penthouses, (and shops) in the condominium community known as 200 East (i.e., its address on East Palmetto Road).
200 East condos for sale are thirteen years old, so holding their own against other new out-of-the-box contemporary developments, Alina, Royal Palm Residences, and the Mandarin Oriental is a tall order. Nevertheless, we believe this luxury condo community attracts the attention of international and local homebuyers by selling its nineteen floor plans (ranging between 1700 and 4300 square feet) at compelling values per square foot (UA). In our view, the closest parallel to 200 East, Boca Raton is Townsend Place, located down the road, experiencing similar competitive pressures.
This striking nine-story tower is in the center of Downtown Boca's one square mile. Homeowners enjoy a range of views that take in the Boca Resort and Club's beautiful Florida foliage golf course, the city, Boca Lake, and the ocean (the latter two from a distance). Of course, it depends on which floor the unit is on and the direction it faces. However, Vander Ploeg made the best of the presented opportunities to give the 200 East condos their best possible vantage points no matter what positions they occupied in the building. Homebuyers new to the community can expect:
Living comfortably in luxury-appointed apartments is one thing. But, it's on the outside where the downtown experience begins. So, step off the high-speed elevator on the fourth floor to use the latest equipment in the fitness center. Too hectic for you? No problem, relax poolside with intermittent dips in the heated water or sunbathe on the resort-style deck. Later, socialize in the residents' lobby, watching an NFL game or reading a book quietly in one of the several plush chairs dotted around.
You may want to venture out into the downtown streets. Easy, retrieve your bicycle from the bike room, stroll with the dog (the community is pet friendly), or walk in any direction to find one of a hundred nearby restaurants and bars. Later, meet the wife for a sundowner after her afternoon's shopping in high-end Mizner Park or Royal Plaza shopping centers. If you're a member of the Boca Resort, recently renovated with a $75 million capital injection by Michael Dell's owner consortium, stop for a beach break, quick nine holes, or pick up a tennis game. It's a twenty-minute walk getting there at the most. By the way, trips out of state are around half an hour to Fort Lauderdale or Palm Beach airports. Alternatively, private jets leave from the Boca hub - only a ten-minute drive.
In a nutshell, all these activities converge on living the Downtown Boca Life. Of course, it requires an investment and a maintenance cost to experience it every day. We find that HOA fees are a massive factor in home buyers' decisions. Therefore, when older buildings' maintenance fees stretch over $2000 monthly, they can be a drag on pricing. Consider the following:
Thus, condos for sale in 200 East may represent bargain value for those who favor a low-cost entry to the neighborhood and can afford the relatively high HOA payments.
Yes, if you were thinking broadly and prepared to venture away from Boca Downtown. Boca Raton real estate offers numerous alternatives, some of which may match your needs perfectly. Our agents go the extra mile to find you the right balance of value for money when buying with affordable HOA fees. For example, single-family homes that are old and custom-built from scratch are in zero-dollar HOA neighborhoods with up to 125-foot boat docks in the backyard. Choose a canal or perhaps directly on the Intracoastal in Golden Harbour, Bel Marra, or Boca Bay Colony.
Surprisingly, you can buy a house for $600,000 in an all-facility, exclusive service country club (CC). However, expect HOAs of $5000 monthly (for a full menu of luxuries) in various CCs like Woodfield Country Club, Addison Reserve, and Broken Sound. Another thing, CCs require an approximate $100,000 non-refundable equity membership payment on entry.
On the other hand, fantastic resort-style modern home communities will give you a significant percentage of CC amenities with low HOAs. However, homes start at $1.5 million for 2700 sq. ft. (UA), going to over $3 million. Look at Mediterranea, Azura, Royal Palm Polo, and a few miles west on Lyons in Boca Bridges, Seven Bridges, and Lotus. In addition, no search is complete without an excellent value category offering both relatively low luxury house prices and HOAs, like in gated tennis-centric communities Newport Bay Club, Grande Orchid, and Seasons.
Finally, Le Rivage, Long Lake Estates, Le Lac, or Fieldbrook Estates are secluded, private, and highly secure no-frills communities where homes range from $2 million to $8 million (and low HOA fees). Of course, there's much more we can show you on top of this, but the content provided affords tremendous perspective. Contact us to see how our expertise shines through when embarking on your home search in Boca Raton.
Where you live in Boca Raton determines which public schools your children may attend, and this in turn effects real estate values. Condos for sale in 200 East are zoned for the following Palm Beach County school districts: