Condominium

1040 BANYAN Road # 504C

1040 BANYAN Road # 504C, Boca Raton FL 33432

$695,000

For Sale New — 1 day on market

2 Beds · 2 Baths · 1,269 SqFt

See estimated monthly cost

This listing is courtesy of One Sotheby's International Realty. Tone Newlove

Overview

At the Boca Inlet, where the Intracoastal meets the Atlantic, discover one of East Boca's best-kept waterfront secrets. This beautifully updated penthouse-level residence at Newth Gardens offers 2 bedrooms, 2 baths and 1,269 SF in an exceptional location just across from the beach. A dramatic wall of sliding glass opens the air-conditioned living space to ocean and inlet views and coastal breezes. Inside, a neutral palette, oversized tile, natural stone finishes, marble baths, impact windows and a private-entry guest suite create an effortless coastal retreat. Enjoy an Intracoastal-side pool, waterfront green space, barbecue areas and covered parking, all moments from the very best of Boca Raton. Residence 504C is a penthouse-level 2BR/2BA residence offering approximately 1,269 SF with ocean, Boca Inlet and Intracoastal views. Interior features include a neutral coastal palette, oversized tile, natural stone finishes, marble baths, glazed ceilings designed to reflect natural light, impact windows, generous walk-in closets and a kitchen pantry. Expansive stacking glass sliders open the air-conditioned Florida room to the views and coastal breezes, with a shallow covered exterior balcony beyond. The guest suite features its own private entrance, and one assigned covered parking space is located beneath the building. Newth Gardens is an intimate community of approximately 100 residences across three buildings, offering expansive park-like green space, a large pool with ocean and Intracoastal views, outdoor barbecue areas and a clubhouse available for private entertaining. Two-year ownership is required prior to leasing, contributing to an established residential feel. Concrete restoration is nearing completion, with a full exterior painting project anticipated Q4 2026; the community is expected to transition from its traditional pink exterior to a fresh, neutral off-white palette. Association fee is reflected in MLS as a monthly equivalent of $1,528.39; the current regular association assessment is billed quarterly at $4,585.18. Special assessments, if any, are separate. Buyer to verify all association fees, assessments, leasing restrictions, square footage, measurements, features, amenities, parking and planned community improvements directly with the association. Information is deemed reliable but not guaranteed and is subject to errors, omissions and changes without notice.

Facts & features

Interior

Living area (sq ft)
1,269
Full bathrooms
2
Furnished
Unfurnished
  • Closet Cabinetry
  • Custom Mirrors
  • Entrance Foyer
  • Pantry
  • Split Bedroom
  • Walk-In Closet(s)
  • Florida Room
  • Storage
  • Utility Room/Laundry

Building & exterior

Year built
1969
Covered spaces
1
Pool
Yes
  • Intracoastal View
  • Ocean
  • Pool
  • Water
  • Direct Ocean
  • Ocean View
  • East Of Us1
  • Balcony
  • Assigned
  • Awning
  • Covered
  • Garage-Under Building
  • Parking-Under Building

HOA (homeowners association)

Association fee
$1,528 per month
  • Bike Storage
  • Barbecue
  • Clubhouse
  • Clubhouse-Clubroom
  • Community Room
  • Community Pool
  • Elevator(s)
  • Storage
  • Pool
  • Private Pool
  • Trash Chute
  • Assoc Approval Required
  • Exterior Alterations
  • See Broker Remarks
  • Yes

Taxes

Annual tax
$8,235
Tax year
2025
Parcel number
06434729200005040

Assigned schools

Elementary
Boca Raton
Middle
Boca Raton Community
High
Boca Raton Community

Listing

MLS number
B26075230
Property type
Condominium
Price per SqFt
$548
Subdivision
NEWTH GARDENS C CONDO
On market since
Sep 11, 2026
Days on market
1

Estimated monthly cost

$6,250 per month

Principal & interest (30 yr)
$3,514
Property tax
$686
Insurance (estimated)
$521
Association fee
$1,528

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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