Price cut $1.5M3D tour
$5,499,000
1500 S Ocean Boulevard #1603/04, Boca Raton 33432
Est. $46,995/mo with 20% down incl. HOA
Listing courtesy of Coldwell Banker · BeachesMLS
$6,450,000400 S Ocean Boulevard #Ph2, Boca Raton, FL 33432
Listing courtesy of Serhant · 561-203-2762 · BeachesMLS
Full disclosure: what this home really costs
11 of 12 answered from real sources. Anything not in the listing says so, and one tap asks Zach. Nothing here is guessed. Source: BeachesMLS listing, updated Oct 30, 2026, unless a row says otherwise.
- Price
- $6,450,000 · $1,489/sqft
- Property taxes
- $63,302/yr (2025 bill). A new owner's bill is reset from the sale price and is usually higher; Zach can pull the county estimate.
- HOA / condo fee
- $6,884/mo (listed as $20,651 quarterly)From the listing, unconfirmed
- Fee covers
- Cable TV, Internet, Maintenance Grounds, Security, Water, Common Areas, Elevator, Reserve Funds
- Special assessments
- None listed
- Mandatory club / membership
- Not required per the MLS
- Insurance (estimate)
- About $1,816/yr (HO-6 condo policy, county average). Get a real quote before you offer.Florida OIR county average with wind, data as of Mar 31 2026
- Flood zone
- Zone X (shaded): moderate flood risk. Flood insurance optional; often worth pricing.FEMA flood map, checked Oct 29, 2026
- Monthly payment (estimate)
- $52,413/mo: $35,165 loan + $10,213 tax + $151 insurance + $6,884 HOA. 20% down, 7.24% rate (Freddie Mac, week of October 29, 2026), 30 years. Change the numberszach.homes calculator (not a loan offer)
- Year built
- 2002 · 10 stories
- Days on market
- About 125 days
- Price history
- Not listed - ask Zach
Details
- TypeCondo
- Beds2 bd
- Baths2.5
- Size4,332 sqft
- Year built2002
- Parking2 garage, 2 spaces
- PoolCommunity
- WaterfrontYes: Lake Front, Intracoastal, Ocean Front
- ViewIntracoastal, Lake, Ocean
- Laundryin-unit
- FurnishedUnfurnished
- NeighborhoodExcelsior Condo
- ZIP33432
- MLS #B26048988
- To the beachUnder 0.1 mi (straight line to the nearest ocean beach, OpenStreetMap; not a drive time)
Check your commute (opens maps)
From the listing
Perched atop the prestigious Excelsior Condominium, this extraordinary penthouse offers breathtaking, unobstructed panoramic views of the Atlantic Ocean, Intracoastal Waterway, and Lake Boca from every room and all three private balconies. Featuring two bedrooms plus a den, two full baths, and one half bath, this exceptional residence is bathed in natural light and showcases a private elevator entrance, an expansive primary suite, and a thoughtfully designed floor plan ideal for sophisticated coastal living. A truly rare and coveted feature is the private poolside cabana, complete with its own full bathroom and shower, providing the perfect retreat for entertaining, relaxing by the oceanfront pool, or enjoying effortless beach days without returning to the residence. Residents of the Excelsior enjoy an unparalleled resort lifestyle with exceptional amenities, including an oceanfront pool, state-of-the-art fitness center, direct beach access, 24-hour concierge, valet service, 24-hour security, and two assigned covered parking spaces. Ideally situated on Boca Raton's most coveted stretch of coastline, this exclusive residence is just moments from The Boca Raton, Mizner Park, Royal Palm Place and the renowned shopping and dining destinations along Palmetto Park Road. A rare opportunity to own one of Boca Raton's most sought-after penthouse residences, where world-class luxury, spectacular waterfront views, and the convenience of a private pool cabana create an unparalleled lifestyle.
Monthly payment calculator
Rate: 7.24% 30-year fixed average (Freddie Mac, week of October 29, 2026). Your own rate may differ; you can change it here.
Estimate, not a loan offer. Tax default: the higher of the seller's bill and about 1.9% of price (Florida resets a new owner's assessment). Insurance default: Florida OIR county average with wind, data as of Mar 31 2026. Rate is an assumption; your lender sets the real one. Zach doesn't take lender or title referral fees.
Florida risk facts
- Flood zone
- Zone X (shaded): moderate flood risk. Outside the high-risk area but inside the 0.2% annual-chance (500-year) floodplain. Flood insurance is optional and often worth pricing. Source: FEMA National Flood Hazard Layer, checked Oct 29, 2026. This is a map lookup, not an official flood zone determination.
- Wind and building code
- Built in 2002, after the statewide Florida Building Code took effect in 2002. Ask for the wind mitigation report; it can lower insurance. My Safe Florida Home offers free inspections and grants when funded.
- Disclosure
- Florida sellers must give you a flood disclosure about known flood damage, insurance claims and federal assistance (§689.302).
We don't show crime scores or rate neighborhoods. Every listing is open to everyone.
Condo health facts
- Building
- Not listed - ask Zach
- Year built
- 2002 (24 years old)
- Stories
- 10
- HOA / condo fee
- $6,884/mo (from the listing, unconfirmed)
- Fee covers
- Cable TV, Internet, Maintenance Grounds, Security, Water, Common Areas, Elevator, Reserve Funds
- Pets
- Yes, Number Limit, Size Limit, Pet Restrictions Possible
- Milestone inspection
- Due by Dec 31, 2032 for buildings 3+ stories (local officials can require it at 25 years).
- Reserve study (SIRS)
- Condo buildings 3+ stories must have a structural integrity reserve study. Look up the building's filing in the state condo database (DBPR) or ask Zach for the document pack.
Facts only, from the listing and state law. We don't grade buildings. How Florida's condo safety laws work.
Start an offer
- Pre-approval letter or proof of funds (cash)
- The price you'd offer and your deposit
- Financing type and closing date
- Inspection period you want (often 10-15 days)
- Condo documents review: Florida gives you a review period after you receive the association documents
- A signed buyer agreement with Zach (Florida practice before touring or offering)
Nothing here is a binding offer. Zach calls you, checks the comps and writes the contract with you.
Ask Zach anything
One tap opens a text with this address filled in.
Zach will reply as soon as he can.
From finding it to the keys, one agent
- Find it
Every home for sale and rent from the MLS, with the real monthly cost. Or tell Zach what you want and he looks for you. - Tour it
Same day when the listing side allows, in person or live video. - Afford it
Real Florida costs up front: taxes, HOA, insurance, flood zone, assessments. Buyers: pre-approval with a lender you choose. Renters: your renter résumé and documents in one place. - Make the offer or apply
Zach writes the offer or the application, negotiates, and handles the association approval. - Close or get the keys
Zach tracks every deadline through inspections, condo documents and closing or lease signing, then stays your agent after.
Report a problem with this listing
Wrong price, already sold, wrong photos, or something that looks like a scam copy? This goes straight to Zach, who fixes or escalates it within 2 business days.
Never send a deposit by Zelle, Cash App, wire or crypto, and never before you've seen the home with a licensed agent.
Chat with Zach
Zach will reply as soon as he can.
Your messages go to Zach only. Reply STOP anytime and he won't follow up again.
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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. Listing data last updated Nov 2, 2026, 6:06 AM ET. Listing information is deemed reliable but not guaranteed. zach.homes estimates and Zach's notes are shown separately from MLS data and labeled with their source.