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About This Property
Rare opportunity in one of Downtown Boca Raton’s most exclusive boutique buildings. Unit 3W at 5 Palms offers 2,525 square feet of open living space with 3 bedrooms, 3.5 bathrooms, and a private keyed elevator directly to your front door. This residence is being offered as a blank canvas — an exceptional chance to design and renovate to your own taste in one of East Boca’s most walkable and sought-after locations. 5 Palms is a 16-residence boutique building with 24-hour concierge, a stainless steel pool, private cabanas, gated parking with 2 spaces per unit, and impact windows and doors throughout. Walking distance to the beach, Mizner Park, Royal Palm Plaza, the Boca Resort (The Boca Raton), and downtown Boca’s best dining and shopping. At $915,000, this is the lowest-priced 3-bedroom residence in the building and represents a compelling value opportunity for an investor, end-user, or buyer looking to create a custom luxury home in an irreplaceable East Boca location. The most recent closed sale in the building traded at $1,200,000 (Only floors renovated). Unit is being sold in as-is condition. Virtually staged photos included — see disclosures.
Property Features
County
Palm Beach County
Section
20
Area
2525
Subdivision
PALMETTO FIFTH AVENUE CON,5 Palms
Interior
Lobby, Built-in Features, Closet Cabinetry, Elevator, Pantry, Walk-In Closet(s), Utility Room/Laundry
Cooling
Central Air, Electric
Bedrooms
3
Floors
Marble, Wood
Full Baths
3
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Heating
Central, Electric
Style
Garage Spaces
2
Construction/Exterior
CBS Construction, Stucco
Patio / Deck Description
Open Balcony
Exterior
East Of Us1, Open Balcony
Has a Pool
Possession
Negotiable
Lot Size in Acres
Water
Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
2 Or More Spaces, Guest
View
Other View, Pool Area View
Has Garage
Yes
Roof/Attic
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Yes
Property SubType 2
Condominium
Tax Year
2024
Year Built
2008
Tax Amount
$13089
APN
NA
Square Feet Source
NA
Map
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