Boca Raton, FL New Homes For Sale
Boca Raton is a resort town known for its beaches, parks, and golf courses. Since it boasts of recreational places and activities, it also keeps attracting both tourists and new residents.
The city continues to develop to meet the housing requirements of people who desire to make it a permanent part of their lives.
Popularity of New Homes in Boca Raton
Although inventory is limited, there are always new homes being built in Boca Raton. Current stock are concentrated on the eastern side along the shore plus a few scattered construction throughtout the city.
Median listing price for single-family homes ranges from $4.0 million to $5 million. Homes priced under a million are rare. Majority of the new homes have either contemporary or mediterrenean designs and feature from 4 to 6 bedrooms.
New townhomes are priced more conservatively between $350,000 to $500,000 with 3 bedrooms. There are a few oceanfront townhomes that are priced at above a million dollars.
Lastly, newly constructed condos have a median price of $2 million. The median price is highly dependent on the condo buildings being built in a given year.
Choosing a Boca Raton Neighborhood
The neighborhoods you choose will mostly depend on your budget, the ameneties that you want to have, and also location. A lot of new single-family homes are being built in country clubs such as the Royal Palm and Country Club in East Boca Raton and St. Andrews in West Boca Raton.
As for the condos, developments in the east tend to be more expensive due to being in a prime location and having an ocean view.
Below is a list of newly constructed condo buildings:
- Boca Flores - only community in the west.
- Tower 155
- Alina Residences
- Residences at Mandarin Oriental
- Royal Palm Residences