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Townsend Place

550 Se Mizner Blvd, Boca Raton, FL, 33432
194
RESIDENCES
9
STORIES
1998
YEAR BUILT
$1M – $1.4M+
VALUE RANGE

Townsend Place is a nine-story luxury condominium at 550 SE Mizner Blvd in the heart of Downtown Boca Raton, developed by Boca Developers and designed by ArchitectureWorks LLC. Completed in 2003 as the second of two Townsend Place towers (the first, at 500 SE Mizner Blvd, was finished in 1998), the building contains 98 residences within a gated, full-service community of 195 homes total. Residents enjoy 24-hour gated security with a manned gatehouse, a 24-hour service desk, concierge and valet parking, along with a resort-style pool and spa overlooking the Boca Raton Resort golf course, a fitness center, sauna and steam room, clubrooms with billiards, and EV charging in the garage. Ideally positioned on Mizner Boulevard between the Boca Raton Resort and Royal Palm Plaza, and within walking distance of Mizner Park, Townsend Place places residents at the center of Downtown Boca Raton's shopping, dining, and cultural district.

Available Residences at Townsend Place

2 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
B702$1,449,0002 / — / 11,986$73038

1 Bedroom Condos · 2 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
B209$1,049,0001 / 21,580$664306
B206$1,000,0001 / — / 11,580$6338
Neighborhood
Boca Raton

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

3
Active Listings
▲ 0% vs last month
Avg List Price
$1.2M
Avg Days on Market
117

INVENTORY BY BEDROOM

  • 1 Bed (2) 67%
  • 2 Bed (1) 33%
Building vs. Market
36% premium to Boca Raton
Commands a 36% premium to the Boca Raton average ($562 vs $412/sqft) — a sign of stronger relative demand.

INVENTORY TREND (ALL UNITS)

332Sep '25Jan '26May '26
2
New Listings
last 3 months
$562
Avg Sale $/SqFt
last 36 months
Months of Supply
0
Sold
last 12 months

Market & Community Report

As of August 14, 2026, Townsend Place carries 3 active listings at an average asking price of $1.2M, with an average time on market of 117 days. Closed sales over the preceding 36 months averaged $562 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.

Data current as of August 14, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Townsend Place

How many condos are for sale at Townsend Place?

As of August 14, 2026, 3 residences are actively listed for sale at Townsend Place. Current asking prices range from $1M to $1.4M. Inventory updates daily from the MLS.

How much do condos at Townsend Place cost?

Condos at Townsend Place are currently asking from $1M to $1.4M. Over the past 36 months, closed sales have averaged $562 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Townsend Place?

Based on MLS closed sales over the preceding 36 months, the average sale price at Townsend Place is $562 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Townsend Place located?

Townsend Place is located at 550 Se Mizner Blvd, Boca Raton, FL, 33432, in the Boca Raton area.

What neighborhood is Townsend Place in?

Townsend Place 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 Townsend Place?

Townsend Place has 194 residences across 9 stories.

What year was Townsend Place built?

Townsend Place was completed in 1998.

What amenities does Townsend Place offer?

Townsend Place amenities include 24-hour gated security, 24-hour service desk, Concierge services, Valet parking, Resort-style pool with golf course views, Fitness center/gym, Sauna and steam room, Clubrooms/party room.

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