Boca Reef
Condos for Sale in Boca Raton, FL

Boca Reef Condo market snapshot (as of September 20, 2026): the median sale price is about $500K ($414 per sq ft over the trailing 12 months of closed sales), and a median 44 days on market for closed sales.

In ZIP 33432 (Boca Raton), 677 homes closed in the last 12 months at a median of $1.05M ($523/sq ft), up 5.4% year over year, with a median 69 days on market. Right now 164 active and 43 pending listings put supply at about 4.7 months — a buyer's market. See the live ZIP 33432 housing market and the Palm Beach County market.

BeachesMLS sales records identify 18 homes in Boca Reef Condo that have changed hands since 2008, built between 1971 and 1971 (median 1971), with a median living area of about 1,209 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

An oceanside condo tower in Boca Raton trading on location and unit-level improvements, where condition drives every negotiation and the median price per square foot reflects a thirty-year-old building in a prime zip code.

Boca Reef Condo is classic Boca: older construction, direct ocean access, and a price point that assumes the buyer will either live with vintage finishes or budget for a gut. The $500K median is a blended number—some units are time capsules, others have been taken to the studs and rebuilt. Price per square foot at $414 is in line with aging Palm Beach County stock where the land and views carry the valuation and the interior is your variable.

The building itself offers no identified community amenities in current listings, which means you're buying the address and the unit, not a resort-style pool deck or concierge service. Expect older HOA infrastructure, reserve studies that matter, and monthly fees that reflect deferred capital expenditures or recent assessments. This is a condo where you read the financials before you write the offer.

Time on market hovering in the low forties tells you this is a deliberate buyer pool—people who know Boca, understand what they're buying, and won't overpay for lipstick on original mechanicals. Sellers who price to market and disclose condition move units; those who test the ceiling sit. The three closings over the snapshot window confirm selective activity, and in a market this thin, every comparable sale is precedent for the next negotiation.

Boca Reef demands a broker who knows how to read HOA documents, price to condition, and negotiate with a calculator in hand. Momentum pulls comps by renovation level, walks you through reserve fund health, and prices your offer or listing to what the building's financials and your unit's finishes will actually support. We don't sell you on the view and hope you ignore the special assessment—we price the whole picture and close on time.

Listings in this community report association dues of about $1,320 per month ($15,840 a year) — the median AssociationFee across 27 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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