Town Place Condo
Homes for Sale in Boca Raton, FL

Town Place Condo market snapshot (as of September 20, 2026): the median sale price is about $368K ($274 per sq ft over the trailing 12 months of closed sales), a median 32 days on market for closed sales, and 6.0 months of supply, a balanced market. The trailing-12-month median is up 4% from the prior 12 months, computed from record-level Beaches MLS closed sales (6 closings in the current window).

In ZIP 33486 (Boca Raton), 369 homes closed in the last 12 months at a median of $780K ($464/sq ft), up 43.0% year over year, with a median 36 days on market. Right now 58 active and 17 pending listings put supply at about 1.9 months — a healthy market. See the live ZIP 33486 housing market and the Palm Beach County market.

BeachesMLS sales records identify 65 homes in Town Place Condo that have changed hands since 2002, built between 1981 and 1986 (median 1982), with a median living area of about 1,560 sq ft and a typical 2-bedroom, 2.5-bath layout; 71% are townhomes. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Town Place Condo I and II is a no-frills condominium community in Boca Raton delivering straightforward ownership at a mid-market price point, with recent appreciation reflecting broader buyer interest in attainable Boca addresses.

• Blue Lake (Palm Beach) · Elementary
• Omni · Middle
• Spanish River · High

Zoned schools reflect the assignments reported on recent Town Place Condo listings and can change; always confirm with Palm Beach County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Town Place Condo address.

The market heat score of 61 sits in moderate territory—neither a buyer's market nor a feeding frenzy. Median days on market at 30 means correctly priced units move within a month, but overpriced or tired inventory will linger. The complex lacks common amenities flagged in MLS data, so there is no pool, clubhouse, or fitness center to lean on; buyers are purchasing unit and location, period.

The $255/sq ft median suggests these are older, modest-footprint condos. Given the lack of amenities and the price band, expect significant condition spread from unit to unit—some updated and move-in ready, others original and requiring capital. Seven closings in the trailing window is a thin sample, meaning any single outlier sale (a penthouse-level renovation or a distressed estate clear-out) can skew the snapshot. You need to underwrite each unit individually, review association financials for reserves and any pending special assessments, and understand what deferred maintenance might surface.

Town Place demands granular due diligence—association documents, reserve studies, individual unit condition, and comp discipline across a small, heterogeneous inventory. Momentum's analysts pull financials, flag assessment risk, and help you distinguish between a well-maintained unit priced fairly and one that looks cheap because it needs work. We also know when to walk: if the HOA balance sheet is weak or a unit's deferred maintenance exceeds your budget and tolerance, we will tell you before you are under contract. In a complex with no amenities and variable unit quality, broker knowledge of what you are actually buying—and what you are not—matters.