Boca Terrace Condo Ph I And Ii Or261 Homes for Sale

Boca Terrace Condo Ph I And Ii Or261 is a residential community in Boca Raton, Florida. Active listings are currently priced from $173K–$173K.

Pure Equity Realty covers Boca Terrace Condo Ph I And Ii Or261 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 2 Boca Terrace Condo Ph I And Ii Or261 Boca Raton homes for sale as of September 2026. The median asking price is $234,000. Asking prices run from $173,000 to $295,000.

That is 58% below the Boca Raton median of $559,000. On a per-foot basis, homes here ask about $265 per square foot, compared with $353 across Boca Raton. So the median price buys roughly 900 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 41 days on the market. That is faster than the Boca Raton average of 112 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Boca Terrace Condo Ph I And Ii Or261 date from 1977 to 1981. That puts them between 45 and 49 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.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Boca Terrace Condo Ph I And Ii Or261 is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Here is what the median Boca Terrace Condo Ph I And Ii Or261 price means in Florida closing terms. At $234,000, a 20% down payment comes to about $47,000, leaving a loan near $187,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $655. Next, the intangible tax of 0.2% adds about $374. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Boca Terrace Condo Ph I And Ii Or261 median, that is about $1,638.

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 Terrace Condo Ph I And Ii Or261 listings show assignments to Addison Mizner (elementary) and Boca Raton (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.