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1040 BANYAN Road # 504C, Boca Raton FL 33432

Condo/Co-op For Sale
$695,000

BTC: 8.83661793

ETH: 274.64927880

1 days
2 bds
2 ba
1,269 sqft

Overview

At the Boca Inlet, where the Intracoastal meets the Atlantic, discover one of East Boca's best-kept waterfront secrets. This beautifully updated penthouse-level residence at Newth Gardens offers 2 bedrooms, 2 baths and 1,269 SF in an exceptional location just across from the beach. A dramatic wall of sliding glass opens the air-conditioned living space to ocean and inlet views and coastal breezes. Inside, a neutral palette, oversized tile, natural stone finishes, marble baths, impact windows and a private-entry guest suite create an effortless coastal retreat. Enjoy an Intracoastal-side pool, waterfront green space, barbecue areas and covered parking, all moments from the very best of Boca Raton. Residence 504C is a penthouse-level 2BR/2BA residence offering approximately 1,269 SF with ocean, Boca Inlet and Intracoastal views. Interior features include a neutral coastal palette, oversized tile, natural stone finishes, marble baths, glazed ceilings designed to reflect natural light, impact windows, generous walk-in closets and a kitchen pantry. Expansive stacking glass sliders open the air-conditioned Florida room to the views and coastal breezes, with a shallow covered exterior balcony beyond. The guest suite features its own private entrance, and one assigned covered parking space is located beneath the building. Newth Gardens is an intimate community of approximately 100 residences across three buildings, offering expansive park-like green space, a large pool with ocean and Intracoastal views, outdoor barbecue areas and a clubhouse available for private entertaining. Two-year ownership is required prior to leasing, contributing to an established residential feel. Concrete restoration is nearing completion, with a full exterior painting project anticipated Q4 2026; the community is expected to transition from its traditional pink exterior to a fresh, neutral off-white palette. Association fee is reflected in MLS as a monthly equivalent of $1,528.39; the current regular association assessment is billed quarterly at $4,585.18. Special assessments, if any, are separate. Buyer to verify all association fees, assessments, leasing restrictions, square footage, measurements, features, amenities, parking and planned community improvements directly with the association. Information is deemed reliable but not guaranteed and is subject to errors, omissions and changes without notice.

Location

Details

Type:
Residential
Parking:
Assigned / Awning / Covered / Garage-Under Building / Parking-Under Building
Year Built:
1969
Lot:
No Data
Heating:
Electric / Radiant
Price/sqft:
$548
Cooling:
Ceiling Fan(s) / Electric
HOA:
$1,528

Valuation

Our model vs. what's actually selling nearby.
Estimate
$535,000
$299K – $964K
Confidence Low
List vs. estimate
$160K above estimate
List $695,000 · +29.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$547
+106.1% vs. city median $265
Based on
225 MLS comparables
+ 20 public-records sales within 0.5 mi
Median actual sale: $1.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,235
2025
HOA
$1,528/mo
Pool
Community
View
Intracoastal View, Ocean
Parking
1 spaces
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    Heating

    • Electric

    • Radiant

    Cooling

    • Ceiling Fan(s)

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Closet Cabinetry

    • Custom Mirrors

    • Entrance Foyer

    • Pantry

    • Split Bedroom

    • Walk-In Closet(s)

    • Florida Room

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Awning

    • Covered

    • Garage-Under Building

    • Parking-Under Building

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: East Of Us1 / Balcony

    Other Property Information

    • Parcel Number: 06434729200005040

    • Zoning: R3C(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Phone Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Phone Available

    • Water Available

  • Other financial information

    • HOA: $1,528

    • HOA Frequency: Monthly

    • Annual tax amount: $8,235

  • Source details

    • MLS ID: B26075230

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Lot Features: East Of US 1

    • Pool Features: Community

    • Window Features: Complete Impact Glass / Blinds / Verticals

    • Direction Faces: West

    • Other Structures: Livable

    • Architectural Style: Penthouse / One Story / Mediterranean

    • Attached Garage: Yes

    • Living Area: 1269

    • Water Source: Public

    • Subdivision Name: NEWTH GARDENS C CONDO

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty