$695,000
1040 BANYAN Road 504C
Boca Raton, FL 33432
MLS# B26075230
Status: Active Under Contract
2 beds  |  2 baths  |  1575 sqft


Penthouse 504C
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Penthouse 504C Foyer Living Room Living Room Foyer and Kitchen Kitchen View from Kitchen, Pantry Kitchen Kitchen Formal Dining Area Formal Dining Area and Kitchen Primary Bedroom Primary Bedroom 18-web-or-mls-014_0E2A1271_with_tvB Primary Ensuite Primary Shower Primary Walkin Closet Secondary Bedroom Secondary Bedroom Secondary Bedroom, Walk-In Closet 23-web-or-mls-019_0E2A1292 Full Bathroom Full Bathroom Landry Room, Ocean View Ocean View Terrace Ocean View Terrace Ocean Vier Terrace Pool & Clubhouse View from Ocean Showing Common Property Location Location Location Location Location

Property Description
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.

Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2026-09-11
Status: Active Under Contract
Original List Price: 695000
List Price: $695,000
Current Price: $695,000
Negotiable Seller Concessions YN: No
Occupant Type: Owner
Listing Service: Full Service
Location and Legal
Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1040
Street Name: BANYAN
Street Suffix: Road
Unit Number: 504C
City Name: Boca Raton
Municipality Type: Incorporated
Municipal Code: 06
State Or Province: FL
Postal Code: 33432
Postal Code +4: 7637
Postal Zip: 33432
Subdivision Name: NEWTH GARDENS C CONDO
Area: 4170
Geographic Area: PB01
Elementary School: Boca Raton
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Special Assessment YN: Yes
Parcel Number: 06434729200005040
Subdivision Number: 20
Zoning: R3C(ci
Flood Zone: AE,X
General Property Information
Number Of Units In Community: 100
Total Units In Building: 33
Unit Floor #: 5
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1575
Building Area Source: Plans
Living Area Main: 1575
Living Area Source: Plans
Adjusted Area Main: 1269
Accessibility Features YN: No
Year Built: 1969
Carport YN: 1
Attached Carport YN: Yes
Carport Spaces: 1
Covered Spaces: 1
Parking Total: 1
Gated Community YN: No
Senior Community YN: No
Guest House YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 5
Stories: 1
Direction Faces: West
Fireplace YN: No
Pool Private YN: No
Spa YN: No
Equestrian Features YN: No
Furnished: Unfurnished
Washer/Dryer Allowed YN: Yes
LP/Assessed Value: 1.35
Financial Information
Association YN: 1
Association Deposit YN: Yes
Association Deposit Amount: 100
Association Fee: 1528.39
Association Fee Frequency: Monthly
Association Membership: Mandatory
Association Name: Newth Gardens Condominium Association
Association Phone: 561-391-5262
Association Email: getmenewth@gmail.com
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 1529
Membership Fee Required YN: No
Tax Annual Amount: 8235
Tax Year: 2025
Tax Assessed/SOH Value: 515331
Tax Legal Description: NEWTH GARDENS C CONDOMINIUM APT 504-C
Assessor Market Value: 515483
Entry Information
Entry Level: 5
Entry Location: Fifth Floor
Leasing Permitted Details
Leasing Permitted YN: Yes
Co-Ownership
Property Management YN: Yes
Property Management Name: Pointe Management Group, Inc.
Property Management Phone: 561-274-3031
Property Management Email: cs2@pointe.group
Leasing Restrictions
Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 180
Boat and Dock Information
Dock: No
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Pet Details
Pet Fee YN: No
Storm Protection
Impact Glass: Complete
Room Types
Kitchen Level: First
Living Room Level: First
Master Bedroom Level: First
Price Calculations
Current Price To SqFt: 441.26
Status Change Information
Major Change Timestamp: 2026-11-05T18:00:35Z
Major Change Type: Status Change
Status Change Date: 2026-11-05
Under Contract Type: Active Under Contract
Under Contract Date: 2026-11-05
Originating Details
Originating System Key: 20260829115539437448000000
Originating System ID: M00000170
Property Features
Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Legal/Accounting; Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Reserve Funds; Roof Repairs; Trash
Dining Area: Breakfast Area; Dining/Living Room
Electric: 100 Amp Service
Flooring: Ceramic Tile; Tile
Leasing Permitted Details: Okay To Lease With Restrictions
Parking Features: Assigned; Covered; Under Building; Attached Carport; Carport
Property Condition: Resale
Special Listing Conditions: Standard
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer; Range
Architectural Style: Mediterranean
Construction Materials: Concrete
Cooling: Ceiling Fan(s)
Association Type: Condominium
Heating: Electric; Radiant
Interior Features: Bedroom Layout - Split; Closet Cabinetry; Custom Mirrors; Entrance Foyer; Pantry; Storage; Walk-In Closet(s)
Laundry Features: In Kitchen; Inside; Laundry Room
Levels: One
Listing Terms: Cash; Conventional
Other Equipment: None
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible
Possession: Close Of Escrow
Restrictions: Buyer Approval Required; No Exterior Alterations; See Remarks
Other Leasing Restrictions: Leasing Prohibited 1st 2 Years; Short Term Rentals Prohibited; Tenant Approval
Road Frontage Type: City Street; East of US-1
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Roof: Barrel; Flat; Spanish Tile; Other
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Special Information: City Jurisdiction
Structure Type: Multi Family
Tax Information: County Only
Unit Description: Penthouse
Utilities: Cable Available; Electricity Available; Phone Available; Water Available
View: Pool; Water
Water Source: Public
Water View: Intracoastal; Ocean
Window Features: Blinds; Storm Window(s)
Showing Requirements: Appointment Only; Call Listing Agent; Schedule Online
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Covered
Contingencies: Other
Room Types: Florida Room; Kitchen; Laundry; Living Room; Master Bedroom
Supplements
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.
Room Information
Room Name Length Width Level
Living Room12.0019.00First
Kitchen21.0016.00First
Master Bedroom17.0019.00First
Florida Room
Laundry

IDX
Listing Office: One Sotheby's International Realty
Source MLS Verified

Last Updated: November - 05 - 2026

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