$690,000
$35K PRICE DROP

Newth Gardens 1040 Banyan Rd Unit 501C Boca Raton, FL 33432

Estimated payment $5,584/month

Total Views 2,519
3 Beds
2.5 Baths
1,875 Sq Ft
$368 Price per Sq Ft

Highlights

  • Ocean View
  • Clubhouse
  • Community Pool
  • Boca Raton Community Middle School Rated A-
  • Wood Flooring
  • 5-minute walk to Spanish River Athletic Facilities

About This Home

Rarely available 3-bedroom, top-floor, corner condo with direct views of the Boca Raton Inlet. Impact windows, washer & dryer in unit, tankless water heater, A/C 2018, newer stainless steel LG kitchen appliances. Perfect opportunity for a buyer to update the rest of the condo to their own style.

Listing Agent

Lauren Blosser

Compass Florida LLC License #3486728 Listed on: 05/20/2025

Compass Florida LLC

Co-Listing Agent

Todd Blosser

Compass Florida LLC License #3083571

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,474

Year Built

  • Built in 1969

HOA Fees

  • $1,375 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Interior Spaces

  • 1,875 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

Schools

  • Boca Raton Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729200005010
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include common areas, cable TV, water
  • Newth Gardens Condo Subdivision

Amenities

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,474

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,375 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Camino Real east of intracoastal to Banyan Road. South to Newth Gardens on east side.
  • Year Built: 1969
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile, Wood
  • Living Area: 1875.0
  • Dining Room Type: Storage Room
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1375.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Water

Schools

  • Elementary School: Boca Raton
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434729200005010
  • Zoning Description: R3C(ci

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5474.0

Map

About Newth Gardens

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,474 $347,101 -- --
2023 $5,344 $336,991 $0 $0
2022 $5,285 $327,176 $0 $0
2021 $5,246 $317,647 $0 $0
2020 $5,169 $313,261 $0 $0
2019 $5,184 $306,218 $0 $0
2018 $4,845 $300,508 $0 $0
2017 $4,801 $294,327 $0 $0
2016 $4,792 $288,273 $0 $0
2015 $4,903 $286,269 $0 $0
2014 $4,919 $283,997 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $690,000 -4.8% $368 / Sq Ft
05/23/2025 05/23/25 For Sale $725,000 -- $387 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 Gold Coast Title Company Ser
Deed $230,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $224,000 New Conventional
Open $341,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $300,000 Credit Line Revolving
Previous Owner $100,000 Unknown
Previous Owner $100,000 New Conventional
Source: Public Records

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Source: BeachesMLS

MLS Number: R11093142

BeachesMLS

APN: 06-43-47-29-20-000-5010

Florida Palm Beach County Boca Raton 33432

1040 Banyan Rd Unit 501C, Boca Raton, FL

This home is located at 1040 Banyan Rd Unit 501C, Boca Raton, FL 33432 and is currently priced at $690,000, approximately $368 per square foot. This property was built in 1969. 1040 Banyan Rd Unit 501C is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Lauren Blosser
Listing Agent
Lauren Blosser
Section Image
Compass Florida LLC
(561) 821-9879