5 Palms
5 Palms is a 16-residence boutique condominium at 455 E Palmetto Park Road in downtown Boca Raton, built in 2008 and rising 10 stories above the city's East Boca corridor. The building was developed by Calvin and Dana Haddad and designed by architect Juan Caycedo, resulting in a low-density, full-service alternative to the area's larger high-rises. Residents have access to 24-hour concierge and valet service, a stainless-steel/saltwater pool with private cabanas, an on-site fitness center, closed-circuit security with keyless entry, and gated parking with two spaces per unit, along with impact-resistant windows and doors throughout. Units are configured as 2- and 3-bedroom layouts, several with private keyed-elevator access, and the association enforces a one-year minimum lease. The location places residents within walking distance of Mizner Park, Royal Palm Place, the Palmetto Park dining and retail corridor, the Boca Raton beach, and The Boca Raton resort.
Amenities
- 24-hour concierge
- Valet service
- Saltwater/stainless-steel swimming pool
- Private poolside cabanas
- On-site fitness center
- Closed-circuit security with keyless entry
- Gated parking (2 spaces per unit)
- Impact-resistant windows and doors throughout
- Private keyed-elevator access (select units)
- Pet-friendly
5 Palms sits on E Palmetto Park Road in downtown Boca Raton's East Boca district, within walking distance of Mizner Park, Royal Palm Place, and the Palmetto Park Road dining and retail corridor. The building is also close to the municipal beach and The Boca Raton resort, with easy access to I-95.
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Boca Raton, FL 33432
Available Residences at 5 Palms
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ANALYTICS
CURRENT INVENTORY
INVENTORY BY BEDROOM
- 2 Bed (1) 50%
- 3 Bed (1) 50%
INVENTORY TREND (ALL UNITS)
Market & Community Report
As of October 22, 2026, 5 Palms carries 2 active listings at an average asking price of $928K, with an average time on market of 15 days. Closed sales over the preceding 36 months averaged — per sq ft, and 0 transactions closed in the past 12 months — implying — months of supply against the current pace of absorption.
Zip code 33432 (Boca Raton) is home to 21,817 residents with a median age of 52.6. Per-capita income stands at $114,719; 61.5% hold a bachelor's degree or higher. 58.3% of units are owner-occupied; 27.3% of residents work from home.
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Data current as of October 22, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.
Frequently Asked Questions — 5 Palms
How many condos are for sale at 5 Palms?
As of October 22, 2026, 2 residences are actively listed for sale at 5 Palms. Current asking prices range from $925K to $930K. Inventory updates daily from the MLS.
How much do condos at 5 Palms cost?
Condos at 5 Palms are currently asking from $925K to $930K. Final pricing varies by floor, line, square footage, finishes, and view.
Where is 5 Palms located?
5 Palms is located at 455 E Palmetto Park Rd, Boca Raton, FL, 33432, in the Boca Raton area.
What neighborhood is 5 Palms in?
5 Palms is in Boca Raton, Boca Raton. You can compare every condo building, home inventory, and price trend across Boca Raton on its neighborhood guide.
How many units are in 5 Palms?
5 Palms has 16 residences across 10 stories.
What year was 5 Palms built?
5 Palms was completed in 2008.
What amenities does 5 Palms offer?
5 Palms amenities include 24-hour concierge, Valet service, Saltwater/stainless-steel swimming pool, Private poolside cabanas, On-site fitness center, Closed-circuit security with keyless entry, Gated parking (2 spaces per unit), Impact-resistant windows and doors throughout.