
Townsend Place Unit B506 Sold

Property Details
| Sold Price | $800,000 |
|---|---|
| Last Asking Price | $895,000 |
| Price per SqFt | $506 |
| Maintenance Fee | $1,893 Monthly |
| Property Taxes | $5,676 2023 |
| Interior Space | 1,580 SqFt |
| Beds/Baths | 1/1½ |
| Year Built | 2003 |
| Closed Date | 9/23/2025 |
| MLS # | R11029174 |
Location
From the listing
Best Value in Downtown Boca Raton! This is your chance to live large at Townsend Place—a rarely available 1-bedroom, 1.5-bath residence with nearly 1,600 sq. ft. of sophisticated space in the heart of downtown Boca. Enjoy unbeatable walkability to Mizner Park, top restaurants, shopping, and the beach—all just steps from your door. The building offers full-service luxury with a doorman, concierge, valet, resort-style pool, fitness center, sauna, and more. Additional perks include a billiards room, expansive terrace, oversized laundry room, bike storage, and dedicated storage unit. This is the best value for square footage in a premier downtown location—don't miss it!
Listed by Compass Florida LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,893 a month; taxes $5,676 for 2023. MLS figures, which may not be accurate.
Sales History for This Unit · Townsend Place Unit B506
Sales history is unavailable for this property
What Other Units Have Been Selling For at Townsend Place
7 units sold at Townsend Place in the last 12 months at an average of $663/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| B709 | $1,250,000$791/SqFt | 90% | 8/30/24 |
| B209 | $887,500$562/SqFt | 90% | 1/10/24 |
| B709 | $800,000$506/SqFt | 89% | 12/19/22 |
| B206 | $750,000$475/SqFt | 94% | 12/16/21 |
| B809 | $745,000$472/SqFt | 97% | 8/16/21 |
| B-809 | $565,000$358/SqFt | 92% | 5/22/15 |
| B206 | $427,500$271/SqFt | 95% | 4/8/13 |
| B309 | $400,000$253/SqFt | 94% | 9/4/12 |
For a full analysis of past sales in this building, contact Mark Zilbert.

Listed by Compass Florida LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Boca Raton and throughout South Florida.
Ask Mark About This Listing
Townsend Place Unit B506, 550 SE Mizner Blvd · MLS R11029174 · Sold Sep 2025
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Townsend Place
At Townsend Place, 4 units are for sale and 7 sold in the last 12 months at an average of $663 per SqFt. Unit B506 sold at $506 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Boca Raton real estate agent with ONE Sotheby's International Realty, from MLS records.

