MLS-supplied photographs · 19 selected
$224,900
3 beds · 2 baths · 1,200 sq ft
5700 NW 2nd Avenue 509, Boca Raton, FL 33487
Boca Teeca Condo Unit 03 · Boca Raton
Active
Why RET noticed it
RET View
This home asks $10,100 less than the lowest-priced similar home currently for sale. This home is $224,900 for 1200 sq ft; MLS B26056624 is 1200 sq ft and 0.04 miles away. Check whether condition and ownership costs leave a real saving.
The catch
The asking price per square foot is 9.71% above the middle of similar sales, before allowing for condition differences. Check what justifies paying more.
Compare with another property ↗
What could change our view
Compare the $224,900 asking price with the $235,000 alternative. A verified improvement in condition, layout or annual costs that justifies the difference could change our view.
Property details are based on listing/provider information and should be confirmed during normal buyer due diligence.
Source checked 2026-10-27T06:22:05ZHow RET evaluates properties
The listing facts come from the MLS; RET has not inspected the home. RET compares similar home types, sizes and waterfront settings. Check condition, measurements and any seller credits directly. Asking prices show what sellers want; completed sales show what buyers paid. RET Select also requires a clear reason to choose the home and a current review of its risks. This is not an appraisal or an offer recommendation.
Read the selection standard ↗How It Compares
This home asks about 9.71% more per square foot than the middle price of the similar recent sales. Its asking price is $187 per square foot, compared with $171 across 6 reviewed listing-reported sales from 2026-07-03 to 2026-10-14. Price per square foot divides the price by indoor living area; it helps compare homes of different sizes.
Comparison confidence: Moderate. Some homes differ in neighborhood, age, size or sale date. Condition, renovation and seller credits have not been priced into the difference. This is not an appraisal.
| MLS reference | Sale / date | $/sq.ft. | Indoor area / lot | Waterfront | Days listed / distance | How the homes differ |
|---|---|---|---|---|---|---|
| R11155027VERIFIEDBOCA TEECA | $200,0002026-08-11 | $167 | 1,200 sq.ft. / 0 acres | NoNone | 154 days / 0 mi | Same condo type, same waterfront category; 0.00 miles away; indoor area differs 0.0%; built 1970. Different subdivision: check whether the locations are comparable.Year built 1970; Existing homeSold for less by $24,900; smaller by 0 sq.ft. |
| B26037479VERIFIEDBOCA TEECA CONDO 3 | $216,0002026-08-07 | $180 | 1,200 sq.ft. / 0 acres | No | 27 days / 0 mi | Same condo type, same waterfront category; 0.00 miles away; indoor area differs 0.0%; built 1970. Different subdivision: check whether the locations are comparable.Year built 1970; Existing homeSold for less by $8,900; smaller by 0 sq.ft. |
| R11068083VERIFIEDBOCA TEECA | $186,0002026-07-27 | $155 | 1,200 sq.ft. / 0 acres | NoNone | 413 days / 0 mi | Same condo type, same waterfront category; 0.00 miles away; indoor area differs 0.0%; built 1970. Different subdivision: check whether the locations are comparable.Year built 1970; Existing homeSold for less by $38,900; smaller by 0 sq.ft. |
| B26012966VERIFIEDBOCA TEECA CONDO 3 | $210,0002026-07-10 | $175 | 1,200 sq.ft. / 0 acres | NoNone | 60 days / 0 mi | Same condo type, same waterfront category; 0.00 miles away; indoor area differs 0.0%; built 1970. Different subdivision: check whether the locations are comparable.Year built 1970; Existing homeSold for less by $14,900; smaller by 0 sq.ft. |
| B26029862VERIFIEDBOCA TEECA CONDO 3 | $150,0002026-07-03 | $125 | 1,200 sq.ft. / 0 acres | NoNone | 14 days / 0.04 mi | Same condo type, same waterfront category; 0.04 miles away; indoor area differs 0.0%; built 1970. Different subdivision: check whether the locations are comparable.Year built 1970; Existing homeSold for less by $74,900; smaller by 0 sq.ft. |
| B26031243VERIFIEDBOCA TEECA CONDO 4 | $215,0002026-10-14 | $179 | 1,200 sq.ft. / 0 acres | NoNone | 124 days / 0.32 mi | Same condo type, same waterfront category; 0.32 miles away; indoor area differs 0.0%; built 1971. Different subdivision: check whether the locations are comparable.Year built 1971; Existing homeSold for less by $9,900; smaller by 0 sq.ft. |
Nearby Homes for Sale
| MLS reference | Asking price | $/sq.ft. | Indoor area / lot | Waterfront | Days listed / distance | How the homes differ |
|---|---|---|---|---|---|---|
| B26056624BOCA TEECA CONDOMINIUM UNIT THREE S1/2 OF LT 3 ALL | $235,000 | $196 | 1,200 sq.ft. / 0 acres | No | 96 days / 0.04 mi | Same condo type, same waterfront category; 0.04 miles away; indoor area differs 0.0%; built 1970. Different subdivision: check whether the locations are comparable.Year built 1970; Existing homeAsks more by $10,100; smaller by 0 sq.ft. |
| B26000071BOCA TEECA CONDO 4 | $270,000 | $225 | 1,200 sq.ft. / 0 acres | NoNone | 230 days / 0.32 mi | Same condo type, same waterfront category; 0.32 miles away; indoor area differs 0.0%; built 1971. Different subdivision: check whether the locations are comparable.Year built 1971; Existing homeAsks more by $45,100; smaller by 0 sq.ft. |
| B26081953Boca Teeca | $299,000 | $249 | 1,200 sq.ft. / 0 acres | No | 30 days / 0.32 mi | Same condo type, same waterfront category; 0.32 miles away; indoor area differs 0.0%; built 1971. Different subdivision: check whether the locations are comparable.Year built 1971; Existing homeAsks more by $74,100; smaller by 0 sq.ft. |
| B26084156BOCA TEECA CONDO 4 | $259,000 | $216 | 1,200 sq.ft. / 0 acres | NoNone | 8 days / 0.32 mi | Same condo type, same waterfront category; 0.32 miles away; indoor area differs 0.0%; built 1971. Different subdivision: check whether the locations are comparable.Year built 1971; Existing homeAsks more by $34,100; smaller by 0 sq.ft. |
| B26041243SAN REMO GOLF & TENNIS CLUB CONDO | $299,000 | $249 | 1,200 sq.ft. / 0 acres | No | 134 days / 0.29 mi | Same condo type, same waterfront category; 0.29 miles away; indoor area differs 0.0%; built 1985. Different subdivision: check whether the locations are comparable.Year built 1985; Existing homeAsks more by $74,100; smaller by 0 sq.ft. |
What would justify choosing this home?
Of the 5 similar homes currently for sale, 0 have a lower asking price. Its asking price is no higher than these alternatives. Check condition and annual costs before calling it better value. Compare the 1200 sq ft layout and 0-acre lot directly before choosing it.
What Changed
- Original asking price: $240,000. Current asking price: $224,900. Total price cut from the original ask: 6.29%.
- Time on market: 232 days on this listing; 232 days in the recorded cumulative history.
- Individual price cuts recorded in the available history: 0. The history may be incomplete, so there may have been other changes.
- The lower asking price reduces the purchase cost. It does not prove seller motivation or a discount to market value.
- Back-on-market, pending and relisting events: Requires verification.
Worth Knowing
- The 1200 sq.ft. living area is attributed to Public Records. Confirm the measurement and whether the space is legally permitted.
- This listing has been on the market for 232 days (232 days across its recorded history). Ask about showing feedback and any failed contracts; the listing data does not explain why it remains available.
- The asking price per square foot is 9.71% above the middle price of the similar sales, before allowing for condition differences. Check what features or improvements justify paying more.
- MLS construction year 1970. Check renovation permits, roof age and maintenance records.
- Check the association budget, reserve savings and any extra charges for Boca Teeca Condo Unit 03: Requires verification.
- Get an insurance quote and flood-risk check for MLS B26001126: Requires verification.
What It Costs to Own
- Recorded 2025 property tax: $3,441. Your tax after purchase may differ from this past bill.
- Listed association fee: $743 Monthly.
- Additional association fee: Requires verification.
- The MLS says the fee covers: Cable TV, Internet, Maintenance Grounds, Sewer, Trash, Water, Common Areas, Reserve Funds, Recreation Facility.
- Confirm club charges, extra assessments, insurance and other ongoing costs. An assessment is an extra charge to owners, often for shared building work.
The Local Comparison
Among similar homes in this comparison, 19 sold in the last 180 days and 50 are currently for sale. The middle sale took 63 days on market and sold for $175 per square foot. At that recent sales pace, the homes for sale would take about 15.79 months to sell. More months generally mean more choice for buyers, though condition and price still matter.
Which homes are included?
Matching rules: same city/subtype, 3-mile radius, living area ±25%, matching waterfront, age ±20 years, lot 0.5–2x, bedrooms ±1. Source cycle: 2026-10-26T16:17:11Z. Only permitted, complete records that match these rules are included. This is a sample, not every home in the neighborhood or a prediction of how fast this one will sell.
Why Some Homes Are Not Compared
Why other records were excluded
- Living area differs by over 25%: 1287 records
- Distance unavailable or over 3 miles: 569 records
- Waterfront mismatch or unknown: 603 records
- Incomplete core comp facts: 78 records
- Bedroom mismatch or unknown: 7 records
- Age difference over 20 years or unknown: 9 records
- Different ownership product or unfinished property: 2 records
- Missing positive living area: 2 records
- Active Internet/delayed permission failed: 2 records
Showing the last validated intelligence. A refresh is overdue; source verification dates remain unchanged.
RET Intelligence
Analysis by Real Estate Today
What Changed?
- 2026-10-15 · New Relevant Comparable
The similar sales have changed. Ask RET for the current comparison.
Sources and verification
- Licensed BeachesMLS evidence · verified 2026-10-27
Check current written terms for the residence before deciding. These comparisons do not predict an investment return.
RET Data & Verification StandardsPut this property in context
See the property. Understand the decision.
Request a Showing Request a Private Review ↗ Call RET · 954-274-6948Listing provided by United Realty Group, Inc. Source: BeachesMLS, Inc.
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