condo

$9,950,000

2500 S Ocean Boulevard 903, Boca Raton, FL 33432

Boca Raton, FL, 33432

6 bd · 8 ba · 7,850 sqft

Listed by Douglas Elliman

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

$75,673/ month

20% down · 6.75% interest · 30-year loan · Jumbo loan

Jumbo loan: put down about $9,117,250 or more to stay conforming. What's different?
  • A bigger down payment, often 10–20% or more
  • A higher credit score, often 700+
  • More cash reserves, often 6–12 months of payments
  • Full income documentation, sometimes a second appraisal on large loans

Other options: Conforming first mortgage plus a home equity loan for the rest ("piggyback"); Portfolio or private bank loans; Cash. Each lender sets its own rules.

Principal, interest, taxes and insurance, HOA. Property Tax (after sale). Estimated; not a lender quote.

Principal & interest
$51,628/mo
Property tax (after sale) est.
$7,555/mo
Insurance included in HOA
$0/mo
HOA
$16,489/mo

Estimate only, not guaranteed. Verify before you buy or sell.

About This Property

Find similar homes

Exceptional value with expansive oceanfront views. Welcome to Penthouse 903 at Luxuria—an iconic, two-story sky residence that offers nearly 8,000 square feet of refined interiors and endless ocean views. As the largest available condominium in Boca Raton, this once-in-a-generation offering is a rare chance to own a home of unprecedented scale and distinction in one of South Florida's most exclusive beachfront addresses. Elevated above the Atlantic on the 9th and 10th floors, this six-bedroom, seven-bathroom plus powder room penthouse boasts panoramic vistas of both the ocean and Intracoastal, visible from nearly every room. A private elevator opens into your own entry foyer, revealing expansive living and entertaining spaces bathed in natural light. The oversized living room stuns with soaring double height ceilings and dramatic walls of glass framing the endless blue horizon. The newly refreshed residence features gleaming wood floors on the upper level and freshly painted interiors throughout. A chef's kitchen is outfitted with top tier appliances, custom cabinetry, and a generous island, making it ideal for entertaining and daily luxury. Multiple office spaces support a modern work from home lifestyle. The grand primary suite is a private retreat unto itself, offering direct access to a spacious ocean facing balcony with its own private hot tub perfect for sunset soaks. Inside, the suite is complete with dual spa inspired bathrooms, dual custom walk in closets, a wet bar, and a personal refrigerator for elevated convenience and comfort. An in unit gym and sauna create a complete wellness experience, bringing the spa home. The residence also includes a private elevator connecting both levels seamlessly for ease and elegance. For added exclusivity and convenience, the penthouse comes with its own private three car garage, an exceedingly rare amenity in oceanfront living. Luxuria is an ultra luxury, full service building offering 24 hour concierge, valet, beachfront service, oceanfront pool, fitness center, and world class privacy, all moments from the finest dining, golf, and culture in Boca Raton. A trophy residence of this caliber is rarely available. Penthouse 903 at Luxuria is not just a home, it's a legacy.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • Price reduced 23%

    The seller has come down from $12,950,000 to $9,950,000 — a $3,000,000 reduction since it came on the market.

  • 576 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Building health

Building
Luxuria· MLS
Year built
2009· MLS
Stories
10· 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
Yes, Breed Restrictions, Pet Restrictions Possible· MLS
Age restriction (55+)
Not provided —
HOA fee
$16,489.1 / 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.

Your costs (est.)

≈ $75,673/mo

2500 S Ocean Boulevard 903, Boca Raton, FL 33432 · Boca Raton

Location

2500 S Ocean Boulevard 903, Boca Raton, FL 33432

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Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995