Villas At Red Reef
Condos for Sale in Boca Raton, FL

All 1,720 homes for sale in Boca Raton, FL · median $569,500 · 849 condos for sale in Boca Raton · 337 homes for sale in 33432 · Palm Beach County homes for sale

Community in Boca Raton · Palm Beach County · ZIP 33432
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Built fromLive Beaches MLS data13 years of closingsUpdated twice daily

As of September 2026, the MLS records 3 closed sales in Villas At Red Reef Condo in Boca Raton, FL since 2013, the most recent in October 2014. Across Boca Raton as a whole, 1,979 homes closed in the last 12 months at a median of $665,000, 54 median days on market, with 583 homes for sale today. At that median and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $12,450 ($11,670 with the full homestead exemption).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Villas At Red Reef is a small condo community in Boca Raton, and with no median price, days-on-market, or inventory figures in the current snapshot, the honest read is that pricing here will be driven by the specifics of the individual unit — condition, floor plan, exposure, and updates — far more than by any community-wide trend line. When a community trades thinly, one recent sale can swing the perceived market, so treat any single data point with caution.

For a buyer, that means underwriting the unit in front of you rather than the label on the building. For a seller, it means the comps that matter are inside this association, and those may be scarce enough that condition and presentation carry more weight than usual. Verify association financials, reserves, and rules before you commit either way.

Nearby homes for sale

No active listings inside Villas At Red ReefCondos for Sale in Boca Raton, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

436 NE WAVECREST Way
$3.15M · 0.1 mi away
3 bd · 3.5 ba · 2,860 sqft
436 NE WAVECREST Way
Listed by Keller Williams Realty Service
444 NE Wavecrest Way
$3.29M · 0.1 mi away
3 bd · 3.5 ba · 2,860 sqft
444 NE Wavecrest Way
Listed by Douglas Elliman
130 NE Wavecrest Way
$4M · 0.2 mi away
4 bd · 4.5 ba · 3,197 sqft
130 NE Wavecrest Way
Listed by CJM Properties, Inc.
746 Marble Court
$4.50M · 0.2 mi away
5 bd · 4 ba · 3,851 sqft
746 Marble Court
Listed by Silmar Realty
450 NE Spanish Court
$5.69M · 0.2 mi away
5 bd · 7.5 ba · 4,587 sqft
450 NE Spanish Court
Listed by Tangent Realty Corp
477 NE Spanish Court
$4.25M · 0.2 mi away
5 bd · 5 ba · 4,033 sqft
477 NE Spanish Court
Listed by Serhant

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Villas At Red Reef is a condo association in Boca Raton, Palm Beach County, within the coastal beaches market. Current MLS listings identify no shared community amenities, so what you buy here is the unit itself and the location, not a resort-style package.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers prioritizing a coastal Boca Raton location over on-site amenities
  • Buyers comfortable underwriting a single unit's condition and the association's financials
  • Owners seeking a lower-frills cost structure rather than a full amenity package

Probably not for

  • Buyers who want pools, fitness, or clubhouse amenities on site
  • Buyers who need a large, liquid resale market with frequent comparable sales
  • Buyers unwilling to scrutinize reserves, insurance, and possible special assessments before closing

The market around Villas At Red Reef Condo

Villas At Red Reef Condo is too small for its own price trend, so here is the market around it.

In ZIP 33432, 400 homes are on the market and 17% are under contract — a slower corner of Boca Raton.

Across Palm Beach County, 10,069 homes are active and 3,196 pending (24% under contract).

In ZIP 33432 (Boca Raton), 681 homes closed in the last 12 months at a median of $1.05M ($519/sq ft), up 2.9% year over year, with a median 69 days on market. Right now 161 active and 46 pending listings put supply at about 4.5 months — a buyer's market. See the live ZIP 33432 housing market and the Palm Beach County market.

ZIP and county figures describe the wider market, not Villas At Red Reef Condo specifically. Momentum Research analysis of MLS records.

If we were buying in Villas At Red Reef 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 Villas At Red Reef Condo.

Best Buy
Buyers who want a Boca Raton coastal condo address and value location over shared amenities.
Biggest Risk
Thin sales history and unknown assessment obligations make due diligence essential.
Sweet Spot
A well-maintained unit where condition and financials both check out.
Avoid If
You need resort-style amenities or a deep, active resale market to feel confident.

A unit-by-unit market

With no amenities surfacing from current listings, the value proposition here is straightforward: a Boca Raton condo address in the beaches feed, where the appeal is location and the home itself. That simplicity can be a feature — fewer shared facilities often means a leaner cost structure — but it also puts the burden on you to confirm what the monthly assessment actually covers.

Because this is a smaller association, expect pricing to spread based on condition rather than a tidy formula. Do the association due diligence early: reserve studies, any pending special assessments, insurance posture, and rental rules matter enormously in Florida coastal condos and can change the math on a purchase quickly.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a thinly traded association like this, the value is in the digging — pulling the real in-building comps, reading the association's financials and rules with you, and pricing a unit on its actual condition rather than a broad neighborhood average. We will tell you plainly when a unit or its assessment structure does not fit your goals.

Villas At Red Reef Condo in 15 seconds.

Best forBuyers who want a Boca Raton coastal condo address and value location over shared amenities.
Biggest advantageA lean, no-frills association where you are not paying for facilities you will not use.
Biggest riskThin sales history and unknown assessment obligations make due diligence essential.
Sweet spotA well-maintained unit where condition and financials both check out.
Avoid ifYou need resort-style amenities or a deep, active resale market to feel confident.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Villas At Red Reef Condo sales matched to your home.

What is your Villas At Red Reef Condo home worth?

Get a no-obligation home value based on real comparable sales in Villas At Red Reef Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Boca Raton →

Real comps, not an automated estimate.
Buyers prioritizing a coastal Boca Raton location over on-site amenitiesExcellent fit
Buyers comfortable underwriting a single unit's condition and the association's financialsExcellent fit
Owners seeking a lower-frills cost structure rather than a full amenity packageExcellent fit
Buyers who want pools, fitness, or clubhouse amenities on siteProbably not
Buyers who need a large, liquid resale market with frequent comparable salesProbably not
Buyers unwilling to scrutinize reserves, insurance, and possible special assessments before closingProbably not

Data sources & freshness

Under-contract sharesBeaches MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2013 (3 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 local comps.

Looking to buy here? Search homes for sale →

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Common questions about Villas At Red Reef

Where is Villas At Red Reef?

Villas At Red Reef is a community in Boca Raton, Palm Beach County, Florida, ZIP 33432.

Are there homes for sale in Villas At Red Reef right now?

No active listings inside Villas At Red Reef at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Villas At Red Reef have an HOA or CDD?

No HOA is on record for Villas At Red Reef in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

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