Boca Lakes Homes for Sale

Boca Lakes Condo is an age-restricted 55+ community in Boca Raton, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $199,000 to $320,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Boca Lakes and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Boca Lakes and the Boca Raton area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 13 Boca Lakes Boca Raton homes for sale as of October 2026. The median asking price is $220,000. Asking prices run from $150,000 to $349,000.

That is 61% below the Boca Raton median of $565,000. On a per-foot basis, homes here ask about $220 per square foot, compared with $354 across Boca Raton. So the median price buys roughly 1,000 square feet of living area.

Listings here have averaged 125 days on the market. That tracks the Boca Raton average of 111 days, so pricing and terms follow the wider city market.

Homes listed in Boca Lakes date from 1975 to 1979. That puts them between 47 and 51 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Boca Lakes is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Rentals in Boca Lakes have a median asking rent of $1,950 per month, across 5 active rental listings. For comparison, the Boca Raton median is $3,200, so rents here run 39% lower.

For investors, those medians imply a gross yield near 10.6% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Boca Raton rentals or ask us for a rent estimate on a specific Boca Lakes home.

Here is what the median Boca Lakes price means in Florida closing terms. At $220,000, a 20% down payment comes to about $44,000, leaving a loan near $176,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $616. Next, the intangible tax of 0.2% adds about $352. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Boca Lakes median, that is about $1,540.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Boca Lakes listings show assignments to Del Prado (elementary), Omni (middle) and Olympic Heights (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.