Palmetto Place Boca Raton
Richard Lombardo (36) and his young family love South Florida, having moved recently from New York to look for permanent residence and share in the carefree lifestyle under the southern sun. "By luck or simply fate, one of the first city locations we found ourselves in was Downtown Boca Raton, and we knew straight away that was where we wanted to live."
Initially, their self-directed searches for luxury condos took them to Alina, Mandarin Oriental, Royal Palm Residences, and Tower 155. " We were despondent! They were out of our league," said Richard, an electrical engineer in the construction industry. "One thousand two-hundred dollars a square foot under air, starting, was way more than we could afford. Also, Townsend Place at around eight hundred and fifty going over a thousand per square foot was too high for my pocket." But, soon after connecting with us, we solved his problem. How? Our professional agents helped Richard to strike hidden gold! Afterward, he had this to say, "ZFC Real Estate let me into the best kept value-for-money secret in Downtown Boca Raton - Condos For sale in Palmetto Place."
Richard was spot on. Palmetto Place, Boca Raton, is a 2003 vintage, mid-rise (nine-story) luxury residential condominium complex right in the center of the Boca downtown action. It provides potential buyer entry to 255 units (one, two, and three bedrooms) ranging from 750 sq. ft. (UA) to a few 3000 sq. ft. penthouse duplex units. The compelling decider was that even in the area's hot real estate market in 2022, the per square foot value of around $500/$600 was right in Richard's ballpark! So, what did he get for his money? Consider the following:
- Pre-wired telephone, satellite, television, cable, and high-speed Internet access.
- A modern air conditioning system, hurricane impact windows and doors, and saturnia flooring.
- In European-themed designs, GE stainless steel appliances and upgraded finishes like satin nickel bath finish.
- Terraces ranging in size from 69 to 230 square feet.
Richard appreciated that Palmetto Place condos for sale are not in the same ultra-modern category as the mega-million dollar condos he counted out. They also miss on the latter's rolling fairways and waterway vistas. Nonetheless, because Downtown Boca Raton conveniences were Richard's number one priority, he said it was a small price to pay, provided the amenity package rises to the occasion. And that it does!
Indeed, Richard's first questions to us were, "What lifestyle benefits do I get for purchasing here, and what's the monthly HOA to buy in?" For his targeted 1500 sq. ft. luxury Palmetto Place condominium, the maintenance cost was a hair above $900 monthly, moving up or down in line with the condo size. For example, a 2200 sq. ft model corresponded to a $1450 HOA fee and a one-bedroom configuration to $571. This is more than reasonable considering that the other communities mentioned above, starting in the thousands, are amenity-wise in a similar arena to Palmetto Place.
Alongside attractive city and palm tree views, Richard and his family had access to a heated swimming pool (and resort-style sundeck), spa, cutting-edge fitness center (with personal trainers), indoor basketball court, and an elegant club room with billiard tables. In addition, full-time concierge and valet services include package acceptance & delivery, reservations, housekeeping, laundry & dry cleaning - even shoe repair and tailoring. Taking it further, in-community benefits include:
- 24/7/365 closed circuit TV security (with roving patrols)
- Personalized key card access.
- Five high-speed elevators.
- Spa services that cover massage therapy, manicures, and pedicures.
- A fully equipped business center.
- Bicycle storage.
- A climate-controlled wine storage room.
Located a little down the road from the avant-garde Alina development and Townsend Place on SE Mizner Boulevard, Palmetto Place in Boca Raton is an easy walking distance to white sand beaches, hundreds of eateries and bars, Mizner Park, and Royal Palm Plaza shopping centers. Numerous green spaces are dotted around, and if membership of the famous Boca Resort and Club hits your fancy, golf, pickleball, and tennis is within spitting distance. Every other community service like healthcare, banking, beauty salons, public sports, gas, and international airport connection (north and south) are minutes away by car. Good public and private schools for Richard's kids are also within easy range (see below).
Palmetto Place Condos For sale
99 Se Mizner Blvd 633
Boca Raton, FL 33432
99 Se Mizner Blvd 624
Boca Raton, FL 33432
99 Se Mizner Blvd 211
Boca Raton, FL 33432
Map of Palmetto Place Condos in Boca Raton
Are there alternatives to Palmetto Place in Boca Raton?
Having already reviewed upmarket condo options within Downtown Boca Raton's one square mile, we broadened out, pointing Richard to Newport Bay Club, Seasons, and Mizners Preserve to find tennis-focused single-family homes with excellent clubhouse benefits in his price range. At the same time, we filled him in on relatively low HOA neighborhoods like resort-centric Boca Bridges, Seven Bridges, Lotus, Azura, and Royal Palm Polo by GL Homes and Toll Brothers with eye-popping contemporary facilities. However, we highlighted that although the same $500 to $600 per square foot metrics applied, the homes started at 2800 and 3000 square feet, thus taking starting prices well over $1 million to as high as $4 million. Older SF houses (around 2000 sq. ft.) in country clubs (CCs) like Woodfield Country Club, Addison Reserve, and Polo Club are attainable for between $500,000 and $900,000. The downside for Richard was the traditional $100,000 (plus) one-time equity payment (non-refundable) and around $5000 HOA fees monthly for more or less the amenities Palmetto Place delivered (minus in-community golf.)
We ended up showing Richard's in-laws SF homes on the Intracoastal and canals, with boat docks in safe but ungated neighborhoods. They were amazed by the value obtainable in communities like Golden Harbour, Bel Marra, and Boca Bay Colony for zero HOA fees and new ultra-modern construction starting at around two-and-a-half million dollars for 4000 sq. ft. (UA). Finally, they showed keen interest in the privacy and solitude estate homes at Le Rivage, Long Lake Estates, Le Lac, or Fieldbrook Estates delivered for the same prices and low HOA fees. So, if Richard's family home buying experience resonates with you, contact us for a look at all Boca Raton lifestyle options at prices and maintenance costs that will make sense to you every time.
Palmetto Place is a condominium building located in Boca Raton Fl with a range of options priced between $550,000 and $750,000. There are currently a total of 3 Condos for sale, the smallest condo currently on available is a one bedroom one bathroom residence that is 890 square feet (890SF Under Air) and the largest of the condos currently available is a two beds and two baths, 1,310 square foot (1,310SF Under Air) residence. In addition there are numerous other communities in Boca Raton to choose from, or you may browse all Condos for sale in Boca Raton. Condos in Palmetto Place are selling quickly, set up a new listing alert and we will notify you immediately when a new listing hits the market. Of course you can always contact your ZFC Real Estate agent who would be happy to assist you further with your search for a Condo in Palmetto Place in Boca Raton.
Palmetto Place School Zones
Where you live in Boca Raton determines which public schools your children may attend, and this in turn effects real estate values. Condos in Palmetto Place are zoned for the following Palm Beach County school districts:
