Boca Lakes Condo
Homes for Sale in Boca Raton, FL

Community in Boca Raton · Palm Beach County
Median sale $212K
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Live Market Pulse
14/100
Market Heat
Cooler than normal
2013 → 2026 · 91 at the 2022 peak
0 is Boca Lakes Condo's coldest market since 2013, 100 its hottest. Today: 14. How it's scored
Built fromLive Beaches MLS data22 years of closingsUpdated twice daily
Live · Boca Lakes Condo Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$212K
Median sold · 12 mo
down 13.5% vs the prior 12 months
-13.5%
1-yr price change
n = 19 and 17 sales in the two windows
$178/sf
Sold $/sqft · 12 mo
peak $248 in 2023
88.6%
Sale vs ask
Palm Beach median: 97.7%
+324%
T12M median vs 2012
from a $50K median in 2012
Tempo
109days
Median DOM · closed
18 days at the 2022 low
19
Sold · last 12 mo
10-yr average: about 18 a year
Track record · 22 years of records
1,332sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Boca Lakes Condo sits in the heart of Boca Raton's established condominium market, where price is set by floor plan, condition, and view. At a median of $212K and roughly $178 per square foot, this is one of the more accessible entry points in Palm Beach County—but that accessibility comes with trade-offs in finish level, building age, and the amenity package buyers will find on-site.

The market here is deliberate. Median time to contract is over three months, and the year-over-year price decline of thirteen and a half percent reflects a recalibration after a sharp run-up since the early part of the last decade. Sellers need to price to condition and be patient; buyers have room to negotiate and should treat every unit as its own underwriting exercise.

Boca Lakes Condo Housing Pulse · Momentum Research · as of July 15, 2026

Boca Lakes Condo right now

🔴 Off the recent peak. The trailing-12-month median ($212K) is down 13.5% from the prior 12 months ($245K) and up 324% since 2012. With about 18 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: High (19 and 17 sales in the two windows).

What's unique here: the median sale price is about 54% below the typical Palm Beach County sale ($212K vs $460K, trailing 12 months, Beaches MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Boca Lakes Condo market snapshot (as of July 15, 2026): the median sale price is about $212K ($178 per sq ft over the trailing 12 months of closed sales), and a median 109 days on market for closed sales. The trailing-12-month median is down 14% from the prior 12 months and up 324% since 2012, computed from record-level Beaches MLS closed sales (19 closings in the current window).

Boca Lakes Condo offers entry-level ownership in Boca Raton, where the median price and per-square-foot cost reflect older inventory and a market that has cooled from recent peaks.

Best for

  • First-time buyers or downsizers prioritizing low entry cost and willing to trade amenities and finish level for a Boca Raton location
  • Investors comfortable with older condo inventory, longer hold periods, and the due diligence required to underwrite HOA risk
  • Buyers who plan to renovate and can absorb both the purchase price and the cost of updating an older unit to current standards

Probably not for

  • Buyers expecting a resort lifestyle, modern finishes, or an amenity-rich community experience without significant personal investment
  • Anyone needing a quick resale horizon—the current days on market and price trend argue against short-term liquidity
  • Purchasers who cannot or will not review reserve studies, assess deferred maintenance, or negotiate based on building-level financial health

Windows contain 1 to 32 sales each (19 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K20122014201620182020202220242026
Down 13.5% year over year; up 324% since 2012.
Every sale since 2004 · price vs size
$0$100K$200K$300K1k1k
234 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $47 in 2012 to a $248 peak in 2023; $178 now.
Median days on market · closed sales
5010020122014201620182020202220242026
18 days at the 2022 low; 109 now.
Sale price vs original ask · median
85%90%95%20122014201620182020202220242026
88.6% now vs Palm Beach 97.7%.
Homes sold per 12-mo window
010203020122014201620182020202220242026
1 to 32 a year; 19 in the current window.
Indexed since 2012 · Boca Lakes Condo vs Palm Beach
01,0002,000Palm Beach +2321%Boca Lakes Condo +324%20122014201620182020202220242026
Same Beaches MLS record, indexed to 100 at 2012.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20182020202220242026
91 at the 2022 peak, 14 in the troughs, 14 now. Same score as the hero card, full history.

If we were buying in Boca Lakes Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Boca Lakes Condo.

Best Buy
Budget-conscious buyers who want a Boca Raton address and are prepared to manage an older building's realities.
Biggest Risk
The extended days on market and recent price decline mean you are buying into a cooling cycle with no guarantee of near-term appreciation.
Sweet Spot
A buyer who can evaluate condition independently, negotiate hard, and hold for the long term while the market finds its floor.
Avoid If
You want turnkey finishes, resort-style amenities, or a liquid resale market where you can exit quickly at a predictable price.

What the market actually looks like

Nineteen closings in the trailing window and a heat score in the low teens tell you this is not a feeding frenzy. Homes are taking more than three months to sell, and the recent price decline signals that the post-pandemic surge has given way to a buyer's market where condition and presentation matter more than ever.

The median price of $212K positions Boca Lakes Condo well below much of the Palm Beach County condo landscape, but there is no master amenity complex or recent renovation wave evident in the data. Buyers here are trading location prestige for affordability, and the per-square-foot median suggests older finishes and deferred updates are common. If you are considering a unit, budget for your own improvements and verify reserve health and upcoming assessments before you write an offer.

The long-term appreciation since the early part of the last decade has been strong, but the last year's correction is a reminder that price momentum can reverse. This is a market for buyers who know exactly what they are buying and sellers who understand that days on market will test their resolve.

The location and the amenities are priced into every listing in Boca Lakes Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.0C · Buy Score
Long-Term Appreciation10.0/10
Recent Direction2.6/10
Pricing Power2.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.0). Basis: Long-Term Appreciation +324% since 2012; Recent Direction -13.5% year-over-year; Pricing Power 88.6% sale-to-list. Refreshed with each data update.

Why work with Momentum here

Boca Lakes Condo requires forensic due diligence—unit condition varies widely, HOA financials matter, and the slower market means every comp and every conversation with the listing agent counts. Momentum brokers pull reserve studies, walk the building with you, and negotiate from a position of information, not optimism. We will tell you when a unit is overpriced or when the association's balance sheet is a red flag, and we will help you structure an offer that reflects the real market, not the aspirational one.

Boca Lakes Condo in 15 seconds.

Best forBudget-conscious buyers who want a Boca Raton address and are prepared to manage an older building's realities.
Biggest advantageThe median price offers genuine affordability in a city where most inventory trades well above this threshold.
Biggest riskThe extended days on market and recent price decline mean you are buying into a cooling cycle with no guarantee of near-term appreciation.
Sweet spotA buyer who can evaluate condition independently, negotiate hard, and hold for the long term while the market finds its floor.
Avoid ifYou want turnkey finishes, resort-style amenities, or a liquid resale market where you can exit quickly at a predictable price.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Boca Lakes Condo sales matched to your home.

What is your Boca Lakes Condo home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Boca Lakes Condo?
The median sale price in Boca Lakes Condo was $212K over the 12 months ending July 15, 2026 (19 closed sales, Beaches MLS).
How long do homes in Boca Lakes Condo take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 109 days on market (19 sales, Beaches MLS).
Have Boca Lakes Condo home prices gone up?
The trailing-12-month median is up 324% since 2012, from $50K to $212K (Beaches MLS closed records).
Who is the best real estate agent for Boca Lakes Condo?
The best agent for Boca Lakes Condo is one who actively works Boca Raton and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Boca Lakes Condo.
How do I find a top Boca Raton real estate agent who knows Boca Lakes Condo?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Boca Lakes Condo and the wider Boca Raton area.
Can Momentum Realty connect me with an agent for Boca Lakes Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Boca Lakes Condo purchase or sale - no call center and no pressure.
First-time buyers or downsizers prioritizing low entry cost and willing to trade amenities and finish level for a Boca Raton locationExcellent fit
Investors comfortable with older condo inventory, longer hold periods, and the due diligence required to underwrite HOA riskExcellent fit
Buyers who plan to renovate and can absorb both the purchase price and the cost of updating an older unit to current standardsExcellent fit
Buyers expecting a resort lifestyle, modern finishes, or an amenity-rich community experience without significant personal investmentProbably not
Anyone needing a quick resale horizon—the current days on market and price trend argue against short-term liquidityProbably not
Purchasers who cannot or will not review reserve studies, assess deferred maintenance, or negotiate based on building-level financial healthProbably not

Data sources & freshness

Community market statsBeaches MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesBeaches MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (234 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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