Luxury condo — 5340 NW 2nd Avenue 323 · Boca Teeca Condo 10 · Boca Raton
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Open property magazine$230,000
5340 NW 2nd Avenue 323, Boca Raton, FL 33487
Boca Raton, FL, 33487
3 bd · 2 ba · 1,316 sqft
Listed by GK Realty Group
5340 NW 2nd Avenue 323, Boca Raton, FL 33487
Listed by GK Realty Group
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Estimated monthly payment
$2,251/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $2,251/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesWelcome to this spacious and beautifully updated 3-bedroom, 2-bathroom condo located on the 3rd floor in the highly desirable, all-age community of Boca Teeca in North Boca Raton. This bright, move-in-ready residence boasts a modern open kitchen equipped with classic wood cabinetry, granite countertops, and sleek stainless steel appliances, seamlessly flowing into a spacious living area ideal for entertaining. Enjoy top-tier comforts including renovated bathrooms, a private in-unit laundry room, low-maintenance neutral tile flooring, and full storm protection with complete accordion hurricane shutters. Step outside to your expansive screened-in porch and relax with serene, tranquil garden views. Residents of Boca Teeca enjoy fabulous community amenities, including a refreshing heated pool, tennis courts, and low-stress living with cable, internet, and water included in the maintenance fee. Perfectly situated for effortless living and commuting, you are just minutes from I-95, US-1, pristine beaches, top-rated local schools, and major universities like FAU and Lynn University. Whether you are looking for vibrant dining, local parks, easy travel, or everyday conveniences nearby, this home offers the ultimate blend of South Florida comfort and lifestyle. Property is rented until March 2027.
Building health
- Building
- BOCA TEECA CONDO 10· MLS
- Year built
- 1985· MLS
- Stories
- 5· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- No· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $825 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details
Your costs (est.)
≈ $2,251/mo
5340 NW 2nd Avenue 323, Boca Raton, FL 33487 · Boca Raton
Location
5340 NW 2nd Avenue 323, Boca Raton, FL 33487
What buyers ask about this home
What are the estimated monthly carrying costs at 5340 NW 2nd Avenue 323, Boca Raton, FL 33487?+
Property tax (after sale): $233/month est.; homeowners insurance: $0/month est.; HOA: $825/month. Fixed ownership costs before a mortgage: $1,058/month est. Principal and interest: $1,193/month; PMI: $0/month. Total for the payment scenario shown: $2,251/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 5340 NW 2nd Avenue 323, Boca Raton, FL 33487?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 5340 NW 2nd Avenue 323, Boca Raton, FL 33487 need flood insurance, and what drives the premium?+
Most of Boca Raton sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 5340 NW 2nd Avenue 323, Boca Raton, FL 33487?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 5340 NW 2nd Avenue 323, Boca Raton, FL 33487 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Boca Raton luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 5340 NW 2nd Avenue 323, Boca Raton, FL 33487?+
This listing has been on the market 49 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Boca Raton. Resort-style living with Mizner Park, A-rated schools, country clubs, and FAU just minutes inland.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Boca Raton Community Middle School
Middle school · 3.2 mi from this home · 1251 Nw 8Th St, Boca Raton
Boca Raton Community High School
High school · 3.1 mi from this home · 1501 Nw 15Th Ct, Boca Raton
Zone boundaries published by School District of Palm Beach County.
Other options for this address
French Int'L School Of Boca Raton Le Petit Prince
Elementary · Private · Grades K–3 · Boca Raton
Boca Raton Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Boca Raton
ST. Andrews School Of Boca Raton Inc
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Boca Raton
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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Simon Gedz
Realtor® since 1995
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