Market Intelligence · Market Pulse

Boca’s project map separates proposal from completion

For a particular view, check what can be built on the land in front of it. A citywide construction count will not answer that question.

Updated · The periods covered by the figures are shown separately.

The Question

What is behind today's open gap? Boca's municipal report records 1,202 approved residential units awaiting completion or occupancy at December 31, 2025. That is documented development capacity at a dated cutoff, not proof of 1,202 unsold luxury condos today.

What changed?

Named downtown programs at the municipal cutoff
ProjectReported programBuyer consequence
Camino Square Phase 2374 residencesCheck current status and actual view direction
Modera Boca306 residencesApartment supply can change alternatives and surroundings
Residences of Boca190 residencesStudy actual approved envelope near a contemplated unit
Royal Palm ALF161 residencesAssisted living is not a direct luxury condo comp
280 E Palmetto28 residencesSmaller count can still matter to a neighboring sightline
Aletto134,173 office sq ftA nonresidential building may affect a view more than distant housing

What it means for you

Future competition and a blocked view are separate questions. An office project adds no condos for sale but may affect light and outlook. A rental building may attract tenants without offering the same ownership rights. Identify what each nearby project changes before deciding how it affects your purchase.

Who Should Care

If a lower-floor home faces undeveloped land, get the approved building plans before paying extra for the view. If you plan to resell near a new project's completion, watch actual availability at the same size and price. A nearby 28-home project may matter more than 374 homes serving different buyers or outside your view.

What RET would do next

Check the nearby parcel and permitted building height before treating a view as protected. For competing homes, compare availability and delivery timing. For other development, assess construction, traffic and outlook separately. Do not count every nearby project as competing luxury housing.

Worth Knowing

The municipal map includes in-review, approved, under-construction and recently completed projects. The annual report's cutoff precedes this October research, so each meaningful parcel requires an updated status check. ALINA 220 occupancy approval in 2025 is a concrete reason not to label the entire community future undelivered inventory.

What to Compare

Compare a planned 2029 Boca resort residence with completed ALINA alternatives, current named units and actual membership rights. The resort's 75 homes define a program, not remaining availability; delivery timing and unsold developer competition matter more to a short-hold buyer than a simple count of cranes.

Sources and dates

Research reviewed October 23, 2026. Periods, geography and property type follow each source; asking prices are not closing prices, medians are not repeat-sale appreciation, and illustrated costs are assumptions. RET analysis is not an appraisal or a forecast. Property documents and current written quotes govern a transaction.

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