Palmetto Place Real Estate Statistics
| Average Price | $862K |
|---|---|
| Lowest Price | $599K |
| Highest Price | $1.3M |
| Total Listings | 6 |
| Avg. Price/SQFT | $699 |
Property Types (active listings)
About Palmetto Place
Palmetto Place was completed in 2003 by Southcoast Partners, with architecture by Cohen Freedman Encinosa. The building rises nine stories and holds around 244 residences above a gated parking garage. Floor plans range from one-bedroom layouts to two-story duplex penthouses, a wider spread than most downtown Boca Raton buildings.
The structure uses solid concrete-block construction, and every window and door carries impact-resistant, UV-tinted glass. As a result, the building rides out hurricane season without shutters. Unlike the age-restricted communities further west, Palmetto Place welcomes owners of any age. The condominium operates under the Palmetto Place at Mizner Park association, and today its residents range from young professionals to seasonal owners and retirees.
Top Highlights of Palmetto Place
- Full-service downtown tower with around-the-clock building staff
- 40,000-square-foot amenity deck crowning the building
- One- to three-bedroom layouts plus duplex penthouses
- Private terraces with city, golf, or ocean views on upper floors
- Gated garage parking with assigned resident spaces
- Pet-friendly under a 20-pound weight limit
- One-year leasing permitted, a draw for investors
- Impact-glass windows and doors built for hurricane season
- Steps from Mizner Park, downtown dining, and the beach
- All-ages ownership in the walkable city core
Palmetto Place Condos for Sale
Palmetto Place condos for sale cover a wide price range for a single building. Recent one-bedroom residences list in the high $400,000s, while two-bedroom units reach past $700,000. At the top, two-story duplex penthouses have asked above $2 million. Interior sizes stretch from about 755 square feet to more than 3,000 in the penthouses.
Around a dozen residences sit on the market at any given time, split between resale and rental listings. Prices move with the floor, the view, and the level of renovation inside. Penthouse units command the highest price per square foot, thanks to their size and views. The result is a building where a first condo and a multimillion-dollar penthouse share the same lobby.
What Makes Them So Special?
- Gourmet kitchens with European-style cabinetry and granite countertops
- Marble flooring paired with GE Profile stainless steel appliances
- Primary suites with custom walk-in closets and marble baths
- Spa-style guest baths with satin nickel fixtures in many units
- High ceilings and open living and dining areas
- Two-story penthouse duplexes with private interior staircases
- In-unit washers and dryers plus extra storage in select units
- Sound-dampening impact glass that keeps interiors quiet
HOA Fees and Lifestyle Amenities at Palmetto Place
Palmetto Place charges one monthly fee that runs near $0.65 per square foot. In practice, that places most one-bedroom dues in the several hundreds, while large penthouses run past $1,900 a month. The fee bundles water, building insurance, valet, concierge, security, and access to the amenity deck. Beyond that, owners face few surprise costs, since the staff and shared spaces run on the association budget. The same fee covers the building's recreational spaces, listed below.
- Resort-style swimming pool with a heated spa and sundeck
- State-of-the-art fitness center with updated equipment
- Indoor basketball court for resident use
- Club room with billiard tables and a lounge
- Business center for remote work and meetings
- Bike storage room and a secured garage
- 24-hour staffed front desk and on-site security
- Complimentary valet for residents and guests
Location of Palmetto Place in Boca Raton
Palmetto Place sits at 99 SE Mizner Boulevard, in the downtown core east of Federal Highway. The address ranks among the most walkable in all of Boca Raton, with shops, cafes, and restaurants lining the surrounding blocks. The Atlantic beaches lie a mile or two east, an easy trip by car or bike. Florida Atlantic University and the Boca Raton Innovation Campus sit a short drive northwest. The Brightline station and Interstate 95 keep the rest of South Florida within reach. Both Palm Beach and Fort Lauderdale airports sit within a 40-minute drive.
Top Destinations Close to Palmetto Place
- Mizner Park: A few blocks north, this open-air center holds the Boca Raton Museum of Art, an amphitheater, restaurants, and boutique shopping.
- Royal Palm Place: Steps away, this shopping and dining district features boutiques, restaurants, live music, and nightlife in the downtown core.
- Boca Raton Museum of Art: Within walking distance at Mizner Park, this museum holds more than 8,000 works plus a sculpture garden.
- Red Reef Park: About 2 miles east, this 67-acre oceanfront park offers beach access and a 9-hole executive golf course.
- Gumbo Limbo Nature Center: Roughly 2 miles east, this coastal center features sea turtle tanks, boardwalk trails, and marine exhibits.
- The Boca Raton Resort: About a mile south, this historic resort offers golf, dining, a marina, and a private beach club.
- Silver Palm Park: Around 2 miles east, this waterfront park provides a boat ramp, playground, and Intracoastal access.
Education for Palmetto Place Residents
Families at Palmetto Place fall within the Palm Beach County School District, with several schools a short drive away. The downtown location also sits close to Florida Atlantic University and its on-campus lab schools. Likewise, nearby colleges widen the appeal for students, faculty, and staff who want to live near campus. The institutions below serve the surrounding area.
Elementary Schools
- J.C. Mitchell Elementary School
- Boca Raton Elementary School
- Addison Mizner Elementary School
- A.D. Henderson University School (lab school)
High Schools
- Boca Raton Community High School
- Spanish River Community High School
- Olympic Heights Community High School
- FAU High School (lab school)
Colleges and Universities
Healthcare and Medical Facilities Near Palmetto Place
- Boca Raton Regional Hospital
- Eugene M. and Christine E. Lynn Cancer Institute
- West Boca Medical Center
- Delray Medical Center
- Cleveland Clinic Florida
- Sollis Health Boca Raton
- MD Now Urgent Care
- American Family Care (AFC) Urgent Care
Frequently Asked Questions About Palmetto Place
What Is It Like to Live in Downtown Boca Raton at Palmetto Place?
Life here runs on foot more than four wheels. Residents reach Mizner Park, galleries, and dozens of restaurants within a few blocks, then hit the beach in minutes. The valet and front desk handle parking, packages, and guests, so daily logistics stay light. Many owners treat it as a lock-and-leave home, simple to secure before travel. The pace feels closer to a boutique city than a quiet suburb.
Is Palmetto Place a Pet-Friendly Building?
Yes, Palmetto Place welcomes pets within the association's limits. The current policy allows animals up to about 20 pounds, with possible breed restrictions and a cap on the number per unit. Owners walk dogs along downtown sidewalks and nearby parks rather than private yards. Anyone buying with a pet should confirm the latest rules, since the association can revise them over time.
Can I Rent Out a Condo at Palmetto Place?
Yes, the building allows leasing, which appeals to investors. The association permits one lease per year with a one-year minimum term, and owners may rent during their first year of ownership. That framework supports annual tenants instead of short-term or vacation stays. In turn, the building keeps a steady residential feel while still offering owners income flexibility.
What Kind of Parking Does Palmetto Place Offer?
Residents park in a gated garage with assigned spaces. On top of that, the building provides complimentary valet for owners and their guests, an unusual perk in Boca Raton. The service matters downtown, where street parking is tight and the walkable layout leaves many cars idle for days. Guest valet also removes the usual headache of hosting visitors in a busy district.
How Was Palmetto Place Built to Handle Hurricanes?
The tower uses solid concrete-block construction, typical of well-built early-2000s Florida high-rises. Every window and door is impact-resistant glass with UV tinting, so residents skip the shutter routine before a storm. On-site staff and a backup plan keep the building covered during weather events. Buyers often point to this construction as a reason a downtown high-rise can feel sturdier than older low-rise stock.
Is Palmetto Place an Age-Restricted Community?
No, the building is open to owners of any age. Its residents include young professionals, families in the larger units, seasonal snowbirds, and retirees. That range gives Palmetto Place a livelier mix than the 55+ communities further west. Any qualified buyer can purchase here after clearing the association's standard application and approval process.
The Mastropieri Group: Your Guide to Palmetto Place Condos in Downtown Boca Raton
Palmetto Place wins the hearts of buyers with its walkable address, full-service staff, and a price range that spans from first condos to seven-figure penthouses. Meanwhile, choosing the right floor, view, and renovation level takes a careful eye. The Mastropieri Group, Realtors® bring deep experience across downtown Boca Raton's luxury condo market, backed by 2,000+ 5-star reviews. So let's connect and find the Palmetto Place residence that fits your life in the city.
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