5 Palms

In This Community

2 condos for sale

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5 Palms, Boca Raton, built in 2008 with New York inspiration, is a mid-rise tower consisting of only 16 contemporary luxury condos - 2,500 to 2,800 square feet under-air (UA) floor plans. The developer's vision fourteen years ago was ahead of the times, converging on sleek finishes, gourmet kitchens, open plan designs, high-impact glass doors and windows, and Avant Garde materials and unique artistry such as: Italian cabinetry, stainless steel appliances, imported wood flooring, stone and marble.

As a result, it can stand proudly alongside the latest condo editions emerging since 2018. Buyers interested in 5 Palms Condos For sale can choose from two & three-bedroom floor plans and two-level penthouse models. Moreover, many condo owners have updated their units progressively, something would-be owners should focus on.

5 Palms Condos For Sale

Reduced

$1,100,000

$1,350,000

MLS#RX-11059298

455 E Palmetto Park 6e
Boca Raton, FL 33432

3

4

2

2,525 Sq Ft

248 Days

$1,100,000

MLS#RX-11130251

455 E Palmetto Park Road 6e
Boca Raton, FL 33432

3

4

2

2,525 Sq Ft

241 Days

2 Active Listings in 5 Palms

The community's central location in Downtown Boca Raton (455 E Palmetto Park Road) is within a three-hundred-yard radius, including the Atlantic Ocean beaches, the Intracoastal, and beautiful rolling fairways. Still, none of these are visible from the lower stories. Water vistas from higher floors are indeed in the mix, but city outlooks predominate. Balconies are a reasonable size but can't be described as expansive.

5 Palms Condo Fees

The HOA fees at $0.88 per square foot of condo ownership are, in our view, pretty high compared to others we have observed with similar luxury packages. Thus, we see it as weighing on the marketability of 5 Palms condos. Although residence prices generally hover over $1,500,000, it corresponds to around $600 per square foot under-air (UA) versus modern competitors achieving $900 and higher.

For a relatively low price, the building amenities include:

• A pet-friendly environment.
• Concierge/valet services.
• A fitness center with cutting-edge equipment.
• A temperature-controlled swimming pool (cool in summer, heated in winter)
• Private cabanas on an impressive sundeck.
• Manicured gardens.
• High-tech 24/7 security with keyless entry.

Therefore, condos for sale in 5 Palms may be fertile ground for buyers with patience looking for a bargain.

Downtown Boca Raton Location

When residents step out of the lobby, they take full advantage of multiple restaurants, bars, high-end shopping (in Mizner Park and Royal Palm Plaza), and live entertainment. Like the beach, they are accessible in all directions within walking distance.

Moreover, a short jog takes this community's condo owners to the Boca Raton Resort and Club, a billion-dollar hospitality destination with pickleball, tennis, and exceptional golfing facilities. The latter, owned by Michael Dell's consortium, has an enviable reputation for five-star leisure and relaxation. Finally, an excellent public school district serves the enclave's address (see below), and two International airports are less than half an hour away. The benefits above are top of the list when evaluating luxury city towers with no exceptional views of water or parks.

Alternatives to 5 Palms Boca Raton

Arguably, the downtown Boca Raton complex closest to 5 Palms Condos on the crucial metrics (price and HOA) is 200 East - a similar vintage neighborhood (not a boutique building) with huge condo terraces. Also, potential buyers should evaluate Townsend Place (for select units with spectacular golf course views) and Tower 155.

The thing with this condominium is that it's also in competition with many compelling lifestyle options along A1A (i.e., Boca's ocean road) and going a little inland toward central and west Boca Raton. We recommend moving down to the beachfront and traveling north toward Highland Beach to compare 5 Palms Condos to Chalfonte, Aragon, Sea Ranch Club, and Toscana. The latter delivers fantastic beach club experiences, boat docks, and great amenity packages, making them attractive alternatives at relatively affordable prices with lower HOAs.

The ZFC Real Estate team can show you all the ins and outs in 5 Palms Condos for sale and other neighborhoods. Our team specializes in finding and selling houses, condos, or townhouses everywhere in South Florida.

5 Palms Summary

5 Palms is a luxury condominium building in Boca Raton, Florida, with a range of options priced around $1,100,000. There are currently a total of 2 condos for sale in 5 Palms. The smallest 5 Palms condo presently available is a three bedroom three bathroom residence that is 2,525 square feet.

Building amenities include a swimming pool, and a state-of-the-art fitness center.

The 5 Palms HOA rules do allow homeowners to have pets.

There are three commercial airports that serve 5 Palms - Fort Lauderdale Hollywood International Airport (FLL), which is twenty miles away; Palm Beach International Airport (PBI), which is twenty three miles away, and Miami International Airport (MIA), which is 41 miles away. For those who fly private, there are three private airports nearby: Boca Raton Executive Airport (BCT), Pompano Beach Airpark (PMP), and Fort Lauderdale Executive (FXE), all within twelve miles of the 5 Palms complex.

5 Palms real estate activity on the Boca Raton MLS during the past year (as of October 2025) reflects that just one condo changed hands during this time. Offered with an asking price of $1,350,000 and selling for $1,200,000, this represents a list/sell ratio of 89%. It took 39 days from the time it was listed until it sold.

In addition, there are numerous other condo buildings in Boca Raton to choose from, or you may browse all available Condos for sale in Boca Raton. Condos for sale in 5 Palms are selling quickly. Set up a new listing alert, and we will notify you immediately when a new condo in 5 Palms hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your South Florida real estate needs.

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