Property Types
(active listings)
200 East Rental Statistics
Average Price
$8.8K
Lowest Price
$8.8K
Highest Price
$8.8K
Total Listings
1
Avg. Price/SQFT
$5
200 East Palmetto Park Luxury Rentals at a Glance
- Address: 200 E Palmetto Park Road, Boca Raton, FL 33432
- Closed Lease Range: $8,000 to $20,000 per month since 2021
- Median Closed Lease: $14,000 per month
- Rental Sizes: 1,707 to 2,775 square feet
- Leased Rate: $2.42 to $7.21 per square foot each month
- Layouts: Two and three-bedroom residences, townhomes, and penthouses
- Bathrooms: Typically two full plus one half
- Year Built: 2009
- Building Size: 115 residences across nine floors
- Lease Term: 12 months, annual tenancy only
- Parking: Two garage spaces on most residences
- Screening Deposit: $150 to $200 recorded on recent leases
- Furnishing: Both furnished and unfurnished residences lease here
About 200 East Palmetto Park
The building fronts East Palmetto Park Road between Federal Highway and Mizner Boulevard, inside the 33432 ZIP code. BNE Real Estate Group completed it in 2009. The architect gave this nine-story structure stucco walls and arched windows rather than the glass curtain common to newer downtown towers.
Interiors by Steven G handled the finishes, which is why imported marble showers and whirlpool tubs recur across the floor plans. One feature still sets the building apart from its neighbors. A resident smart home application pulls up the on-site restaurant menu, tracks a car through the wash bay, and confirms when laundry is ready.
Luxury Condos for Rent in 200 East Palmetto Park
Rental turnover here is genuinely slow, with just ten closings since February 2021, roughly two a year across 115 residences. Closed rents span $8,000 to $20,000 monthly, with a median near $14,000 and leased rates from $2.42 to $7.21 per square foot. Furnished and unfurnished residences both appear, though the furnished ones command a clear premium.
Two-Bedroom Residences
Nine of the ten recent leases were two-bedroom plans, making this the building's core rental product. Sizes run 1,707 to 2,483 square feet, almost always with two full baths plus a powder room. Closed rents have ranged from $8,000 in early 2021 to $12,900 for a furnished 2,265 square foot residence on the eighth floor.
Three-Bedroom Residences
Three-bedroom rentals reach the market rarely, and the most recent one set the building record. Unit 816 closed at $20,000 monthly in October 2025. The unfurnished eighth-floor plan spans 2,775 square feet with three full baths and a powder room. That worked out to $7.21 per square foot, the highest rate on record here.
Townhomes
Low-numbered residences are the street-level townhomes, running 1,707 to 1,924 square feet. Two closed at $6,000 and $6,900 in unfurnished condition, while a furnished 1,924 square foot plan is currently pending at $8,800 after opening at $10,000. Townhomes suit tenants who want private entry rather than elevator access.
What the Data Says About Timing
Rents have climbed sharply. Leases closing in 2021 landed between $5,000 and $6,000, with a median of $6,000. By 2024 and 2025 that median had reached $11,450, nearly doubling in four years. Unit 504 illustrates the shift precisely, moving from $5,000 in February 2021 to $6,000 by May 2023.
What Are the Amenities Offered by 200 East Palmetto Park?
- Resort-style swimming pool with sun deck
- Clubhouse and residents' social room
- State-of-the-art fitness center
- On-site spa facilities
- Building restaurant with menu access through the resident app
- On-site car wash bay
- Two garage parking spaces on most residences
- Valet service and secured garage entry
- 24-hour concierge and staffed lobby
- Smart home technology in every residence
- Nine-foot ceilings with floor-to-ceiling windows
- Imported marble showers and whirlpool spa tubs
- Gourmet kitchens with granite counters and custom cabinetry
- Private terraces and master-suite verandas
200 East Palmetto Park Rental Restrictions
The Twelve-Month Rule
Every one of the eleven leases in the recent record carries an annual rental type, and the pending listing states a twelve-month term outright. No shorter tenancy appears anywhere in the data. Association policy permits one lease per year, so the building runs on a single annual turnover cycle rather than rolling availability.
Why Snowbirds Look Elsewhere
Short-term and holiday stays fall outside building policy entirely, and the leasing record bears that out with zero such closings since 2021. Tenants wanting January through March will not find it here. That restriction is precisely what keeps corridors quiet and the resident mix consistent from one year to the next.
Pets and the Weight Cap
Dogs and cats are permitted for both tenants and owners under a published twenty-pound maximum, with breed restrictions possible on top. Larger dogs fall outside the policy as written. Ask management for the current pet addendum during your application, since board rules on this point can change between lease cycles.
Leasing After a Purchase
Owners may lease during their first year of ownership, which is less restrictive than many Boca Raton buildings imposing a waiting period. That policy matters to tenants indirectly. A wider pool of owners permitted to rent means marginally more inventory reaching the market in a building that already turns over slowly.
Seasonal vs Annual Leasing in 200 East Palmetto Park
The leasing record here is unusually clear. All eleven recent listings are annual, and none advertised a seasonal term.
| Factor | Seasonal Lease | Annual Lease |
|---|---|---|
| Found in the record | None across 11 recent listings | All 11 listings |
| Stated term | Not offered | 12 months |
| Closed rent range | Not applicable | $8,000 to $20,000 per month |
| Median closed rent | Not applicable | $14,000 per month |
| Leases per year | Not applicable | One per residence |
| Furnishing | Not applicable | Furnished, unfurnished, and partially furnished all recorded |
| Board approval | Not applicable | Required on every lease |
| Suits | Look to other downtown buildings | Year-round residents and corporate tenants |
What is the Approval Criteria to Rent a Luxury Condo in 200 East Palmetto Park?
Application Fee
Association deposits recorded against recent leases here came in at $150 and $200, consistent with the Florida statutory cap on condominium screening fees. Married couples count as a single applicant under that statute. Treat the charge as non-refundable, payable per adult occupant, and due whether or not the board ultimately clears your file.
Background and Credit Check
Each adult applicant undergoes a credit pull, criminal background search, and eviction history review before the board meets. Given closed rents reaching $20,000 monthly, screening at this address runs thorough. Disclose any prior association dispute or judgment at the outset, since discovery partway through review typically stalls an otherwise sound application.
Interview Requirements
Management or a board representative will meet you before approval, in person or by video. Topics cover house rules, valet and garage procedures, amenity access, and pet registration for anyone bringing an animal. Delays around this step account for a fair share of missed move-in dates, so book it early.
Approval Window
Allow ten to thirty days between a complete application and a board decision, driven largely by meeting frequency. A Boca Raton real estate agent familiar with the building can check that calendar in advance. That timing matters most when a landlord wants immediate occupancy.
Income Requirements
Verified income near triple the monthly rent is the working benchmark, putting the $14,000 median around $25,000 monthly. At the top of the range, a $20,000 lease implies roughly $60,000. Retirees and business owners typically satisfy the test through brokerage statements, tax returns, or an enlarged security deposit.
Deposits and Move-In Costs
Three months upfront is standard, covering first, last, and one month held as security. Furnished residences frequently require more, which matters given that furnished units here have leased at $12,900. Add the screening deposit, a refundable elevator reservation for moving day, and renters insurance naming the association.
How is the Education Around 200 East Palmetto Park Apartments for Rent?
Elementary Schools
- Boca Raton Elementary School
- Addison Mizner K-8 School
- J. C. Mitchell Elementary School
- Verde Elementary School
- Calusa Elementary School
Middle Schools
High Schools
- Boca Raton Community High School
- Spanish River Community High School
- Florida Atlantic University High School
- Saint Andrew's School
- Pine Crest School
- Donna Klein Jewish Academy
Colleges and Universities
- Florida Atlantic University
- Lynn University
- Palm Beach State College
- Palm Beach Atlantic University
- Everglades University
- Nova Southeastern University
Healthcare Facilities Near 200 East Palmetto Park, Boca Raton
- Boca Raton Regional Hospital (2.4 miles, roughly a five-minute drive)
- Marcus Neuroscience Institute
- Lynn Cancer Institute
- Delray Medical Center
- West Boca Medical Center
- Cleveland Clinic Florida
- Sollis Health Boca Raton
- MD Now Urgent Care
Buy vs Rent a Condo in 200 East Palmetto Park
| Factor | Renting | Buying |
|---|---|---|
| Upfront cost | Roughly $25,000 on the $14,000 median lease | Purchase price plus closing costs |
| Monthly outlay | $8,000 to $20,000 based on closed leases | Mortgage plus maintenance |
| Maintenance fee | Owner responsibility | About $0.85 per square foot each month |
| Property taxes | None | Owner responsibility |
| Board process | Screening and interview, 10 to 30 days | Approval plus financing |
| Leasing rights | Not applicable | Permitted in year one, once annually |
| Market exposure | Rents rose from a $6,000 median in 2021 to $11,450 by 2024 | Equity follows resale values |
| Commitment | Twelve months | Long-term hold |
Top 5 Alternatives to 200 East Palmetto Park in Boca Raton
Alina Residences
Alina Residences sits two blocks south with 303 residences delivered between 2021 and 2024. Rents there run considerably higher, and one-bedrooms exist, which they do not here. Consider Alina for contemporary interiors and nine acres of landscaped grounds, or stay put for Mediterranean architecture and a noticeably lower monthly figure.
Tower 155
Tower 155 opened in 2020 beside Mizner Park and publishes no pet weight cap, a real difference for anyone with a large dog. Floor plans start near 750 square feet, well under the 1,707 square foot minimum recorded here. Expect noticeably smaller quarters in exchange for a lower monthly rent.
Palmetto Place
Palmetto Place sits directly across Palmetto Park Road, holding almost the identical downtown position for a lower monthly figure. Residences run smaller and the amenity floor is simpler. Its lease minimum and pet policy come from a separate board entirely. Verify both rather than assuming they mirror the rules at this building.
Mayfair Condominium
Mayfair keeps tenants inside the same walkable radius, with Royal Palm Place and Mizner Park both close, at a noticeably lower monthly figure. The building is older and smaller with a lighter service model. It suits renters who value the address more than square footage or a staffed amenity floor.
The Addison on the Ocean
Sand at the doorstep is the pitch at The Addison on the Ocean, where a staffed lobby and daily management come standard. Its board writes separate lease and pet rules. Worth weighing seriously if the quarter-mile walk to the beach from downtown still feels like one block too many for you.
Frequently Asked Questions About Condos for Rent in 200 East Palmetto Park
Are there Luxury Condos for Rent in 200 East Palmetto Park, Boca Raton?
Yes, though availability is limited. Roughly two leases close each year across 115 residences. Every recorded rental has been a two or three-bedroom, since the building contains no studios or one-bedrooms. Ground-floor townhomes and upper-level plans both reach the rental market periodically.
Do 200 East Palmetto Park Rentals Allow Pets?
Yes, within limits. The published cap is twenty pounds per animal, and breed rules may apply on top of that weight ceiling. Anyone with a retriever or shepherd should plan around it. Confirm the addendum with management, as boards revise these terms periodically.
What is the Minimum Lease Term in 200 East Palmetto Park, Boca Raton?
Twelve months, with one lease permitted per residence each calendar year. The MLS record shows an annual rental type on every listing since 2021, and the pending unit specifies a twelve-month term. Shorter tenancies simply do not appear in the building's leasing history.
How Much Does it Cost to Rent a Condo in 200 East Palmetto Park?
Closed leases since 2021 range from $8,000 to $20,000 monthly, with a median of $14,000. Leased rates run $2.42 to $7.21 per square foot. The record high is unit 816, an unfurnished 2,775 square foot three-bedroom that closed at $20,000 in October 2025.
What is the Average Rent in 200 East Palmetto Park, Boca Raton?
Closed leases average $9,720 monthly, though the $8,450 median better reflects a typical residence. Recent activity sits higher, with 2024 and 2025 closings carrying a median of $11,450 against $6,000 in 2021. Furnished residences consistently lease above unfurnished plans of similar size.
Who is the Best Luxury Rental Agent in Boca Raton?
Larry Mastropieri holds 2,000+ verified five-star reviews as South Florida's most reviewed Realtor®. FastExpert named him Boca Raton's top agent for 2026. His team handles downtown Boca Raton rentals daily, guiding tenants through board approvals and lease negotiations at buildings like this one every week.
Lease a Downtown Boca Raton Condo with Larry Mastropieri
Two leases a year across 115 residences leaves very little margin for a slow application. Our luxury Realtors® watch which owners are preparing to lease and can tell you what a residence should command before a landlord names a figure. Unit 600 closed above its asking rent in 2022, so knowing the comparable record matters here.
We assemble the board package with you, verify income documentation ahead of submission, and confirm pet and lease terms in writing before signing. Led by Larry Mastropieri, The Mastropieri Group brings decades downtown and 2,000+ five-star reviews. See the wider South Florida luxury rental collection, or call 561-544-7000.
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