Nestled in Florida’s prestigious Gold Coast, Boca Raton is an enchanting city renowned for its pristine beaches, stunning waterfront communities, and unparalleled quality of life. Teeming with natural beauty and understated luxury, it’s easy to see why many of Hollywood’s brightest stars and the biggest business moguls call it home.
It’s hard not to fall in love with Boca Raton. Here's a glimpse of what the City for All Seasons has in store.
Boca Raton's population of nearly 100,000 residents not only enjoys the finest beaches but the best location in southeastern Florida as well. Tucked in the heart of Palm Beach County’s Gold Coast, it sits between two major cities: Pompano Beach to the south and West Palm Beach to the North. Further south will lead you to Fort Lauderdale, Hollywood, and Miami.
This enviable location makes it easy to reach an array of attractions and amenities outside the city. Whether you want to explore Miami’s vibrant cultural scene or experience the charm of historic West Palm Beach to the north, Boca Raton is an ideal hub for adventure and exploration along the Gold Coast.
A quick look at Boca Raton's history
Long before Boca Raton became synonymous with affluence and luxury real estate, the land it sits on has witnessed centuries of history.
European exploration in Florida dates back to the 16th century. Permanent settlements in Boca Raton, however, didn't emerge until the late 19th and early 20th centuries. The city's early settlers engaged in farming and fishing. The origin of its name, "Boca Raton,"," remains a subject of debate among historians. One theory is that the name is an anglicized version of boca de ratones, which means "rat's mouth" in Spanish.
Boca Raton's transformation from sleepy coastal farmland to star-studded resort city began when architect and developer Addison Mizner arrived in the 1920s. He brought with him a vision of Mediterranean architecture and innovative planning that attracted the wealthy elite. The centerpiece: Cloister Inn, which remains an iconic landmark. Boca Raton was officially incorporated as a city in 1925.
Boca Raton's peace was disrupted during the Second World War, when it played an important role in national defense. The Boca Raton Army Airfield, later known as the Boca Raton Airport, served as a radar training facility that contributed to developing radar technology. After the war, development surged and the population grew as veterans sought the city's sunny climate. In 1967, IBM established a major facility in the area, bringing prosperity and shaping the city's identity as a technological and business hub.
BOCA RATON REAL ESTATE
This enchanting coastal city is a dream locale for many homebuyers and savvy investors. Apart from the prestige and quality of life, the investment potential is undeniable.
The 411 on Boca Raton's housing market
General overview
Boca Raton real estate comprises over 40,000 housing units, amounting to a median home value of approximately $890,000. The local supply is mostly divided into two property types: multi-family dwellings (in the form of apartment complexes) and single-family residences. Age-wise, there is variety. Majority of homes for sale in Boca Raton, FL were built between the 1970s and 1990s. Newer builds can also be found, as well as older and historic properties (1940s and older).
A significant chunk of the market consists of homes with prices ranging from the upper $600,000s to $1.5 million and above. Compared to the rest of Florida and the country, real estate prices in Boca Raton are relatively high. But the investment is worth it in the long-term. Boca Raton is one of the few housing markets with consistent and stable appreciation rates. In the past decade, local real estate has appreciated by nearly 154% or 9.8% annually, overcoming economic downturns and other major events.
The investment potential of homes for sale in Boca Raton, FL are not lost on many people. The city records high owner-occupancy rates, taking up more than 60% of the local inventory.
Architecture
Boca Raton, Florida features a wide range of architectural styles, letting buyers find homes for sale that suit their taste. Mediterranean-inspired properties, however, dominate the market. Defined by their red-tiled roofs, stucco exteriors, and ornate ironwork, these structures give the city its distinct character.
Waterfront location
Waterfront living is Boca Raton’s main allure, and with good reason. Many homes in the area have direct access to the Intracoastal Waterway or the Atlantic Ocean, making it a paradise for boating enthusiasts. These properties often include private docks, seawalls, and stunning views of the water. Those on the higher end of the price spectrum also come with private beach access, letting you enjoy the shoreline without the crowd.
The best neighborhoods to live in Boca Raton
Boca Raton comprises many neighborhoods– an eclectic mix of urban districts, historic communities, and gated subdivisions. Prospective buyers and investors can narrow down their search for homes for sale in Boca Raton, Florida by getting acquainted with these places. Some of the most sought-after places to live in the city include:
Downtown Boca
The beating heart of the city, Downtown Boca is an urban oasis that combines residential, retail, and cultural spaces. It boasts upscale condos and apartments within walking distance of trendy restaurants, shops, art galleries, and museums. The most popular destinations in the area include prestigious institutions such as the Boca Raton Museum of Art, which features over 7000 works of art.
Boca West
Boca West is one of the largest country club communities in South Florida. Located just a few minutes from the downtown area, it's a popular choice for retirees and active adults seeking a resort-style living experience without sacrificing urban convenience. It features top-notch golf courses, tennis courts, dining options, and more. All four golf courses are designed by the industry’s biggest names like Tom Fazio and Pete Dye.
Boca Harbour
For those who love waterfront living, Boca Harbour is an excellent choice. Located along the Intracoastal Waterway, it's defined by its scenic setting and network of deep-water canals. It offers a mix of older and newer homes, many of which have private docks and direct access to the water.
Royal Palm Yacht & Country Club
This exclusive gated community is another waterfront gem and one of the most prestigious neighborhoods in Boca Raton. If you're a boating enthusiast seeking a luxurious lifestyle, this neighborhood is for you. It's known for its waterfront properties, golf courses, private yacht club, and proximity to the city’s top beaches.
Old Floresta
If you appreciate historic charm, Old Floresta is a lovely neighborhood to consider. It's known for its tree-lined streets, unique Mediterranean-style homes, and strong sense of community. While it’s mostly residential, Old Floresta is conveniently located near the downtown area. This means Mizner Park and the rest of the city’s finest shopping, dining, and entertainment options will always be a short trek away.
LIVING IN BOCA RATON
Life in Boca Raton is like a perpetual vacation; Every day is a chance to enjoy its finest offerings. Whether it’s a leisurely morning stroll along pristine beaches, brunch in a gourmet restaurant, or an evening of cultural exploration, the city blissfully blurs the boundaries between work and play. Find out more about the local lifestyle and what to expect in Boca Raton below.
Dining and shopping
Where to shop in Boca Raton
Town Center at Boca Raton at 6000 Glades Road is one of the most prominent shopping destinations in the city. It is a luxurious shopping mall featuring over 220 stores, including high-end brands like Neiman Marcus, Saks Fifth Avenue, and Bloomingdale's. You'll find a wide range of fashion, jewelry, electronics, and home goods, as well as an impressive selection of dining options.
Mizner Park in Downtown Boca Raton is a shopping destination and a cultural hub. It offers a mix of high-end boutiques, art galleries, and well-known stores like Lord & Taylor. In addition, you can enjoy dining at various restaurants, watch performances at the Mizner Park Amphitheater, or stroll through its beautifully landscaped grounds.
Royal Palm Place along via de Palmas is a charming and more intimate shopping area that combines boutique shops, restaurants, and cafes. It features unique clothing stores, art galleries, and specialty shops offering everything from jewelry and home decor to beauty products.
Top eats in Boca Raton
Max’s Grille in Mizner Park offers contemporary American cuisine in a sophisticated yet relaxed setting. Their menu features a wide range of dishes, from steaks and seafood to artisanal pizzas and fresh salads. The outdoor patio is a popular spot for enjoying the Florida weather.
Farmer’s Table at 1901 N Military Trail is the place to go if you're looking for healthy, farm-to-table dining. They offer a menu packed with organic and locally sourced ingredients, catering to various dietary preferences. The emphasis on fresh, sustainable ingredients makes this restaurant a favorite among health-conscious diners.
Louie Bossi's Ristorante in Hyatt Place Boca Raton/Downtown is a lively Italian eatery. They serve authentic Italian dishes, including house-made pasta, wood-fired pizzas, and an impressive selection of cocktails and wines. The energetic ambiance and bustling bar area make it a great spot for social gatherings.
Kapow Noodle Bar, also located in Mizner Park, has gained a reputation for its take on Asian fusion. Choose from an eclectic menu featuring creative sushi, noodle dishes, and small plates. Don’t forget to order dessert. The Pineapple Brulee is a must-try.
Recreation
Red Reef Park at 1400 N Ocean Boulevard is not only a stunning beach but also a marine park with an artificial reef perfect for snorkeling and scuba diving. The underwater world here is teeming with colorful marine life, making it a must-visit for underwater enthusiasts. The park also features a scenic nature trail, a Gumbo Limbo Nature Center, and picnic areas.
Sugar Sand Park at 300 S Military Trail is a fantastic place to go for families. It boasts a large playground, science museum, carousel, and a community center with various activities and programs. The park is a popular spot for picnics and outdoor recreation, with plenty of green spaces and walking paths.
Spanish River Park at 3001 N State Road is a beach park that offers a quieter and more serene atmosphere, making it an excellent choice for a peaceful day by the ocean. It has a beautiful stretch of coastline, picnic pavilions, and nature trails. It's also a great spot for bird watching and has a dog-friendly section.
Daggerwing Nature Center within the Burt Aaronson South County Regional Park is dedicated to the exploration of the Everglades ecosystem. Visitors can walk the nature trails, view wildlife, and explore the interactive exhibits that provide insight into the local flora and fauna.
Arts and culture
Boca Raton Historical Society & Museum in the historic town hall is a great starting point for exploring the city's history and culture. Housed in a former train depot, the museum has exhibits that showcase the city’s development, from its early days as a small agricultural community to the thriving city it is today. It also offers walking tours that highlight historical landmarks in the downtown area.
Boca Raton Museum of Art, situated in the heart of Mizner Park, is home to an impressive collection of European and American art from the 19th and 20th centuries. The museum also features contemporary and modern art, photography, and rotating exhibitions. Visitors can explore the beautiful sculpture garden and enjoy the museum's educational programs and events.
Schmidt Center Gallery and Ritter Art Gallery, located within the Florida Atlantic University campus, are galleries that offer a platform for contemporary art and emerging artists. They host a rotating series of exhibitions, including paintings, sculptures, photography, and multimedia installations, providing a dynamic and ever-evolving art experience.
Events
Festival of the Arts Boca is a highly anticipated cultural event that takes place in March of every year. This multi-day festival features world-class performances, including classical and contemporary music, dance, literature, and visual arts. Renowned artists, authors, and musicians from around the world participate, making it a must-attend event for art and culture enthusiasts.
Boca Bacchanal is a wine and food festival that brings together renowned chefs and vintners every April. Guests can savor gourmet cuisine paired with exceptional wines in various events held over a weekend. The event also raises funds for the Boca Raton Historical Society & Museum.
Boca Raton Museum Arts Festival is a juried art show that takes place every first weekend of February in Mizner Park. It features works of art by local and national artists across various mediums, including painting, sculpture, photography, and jewelry. It's a great opportunity to appreciate and purchase unique art pieces.
EXPLORE HOMES FOR SALE IN BOCA RATON WITH FLORIDA EXCLUSIVE LIVING
Boca Raton, with its white sand beaches and swaying palm trees, offers a coastal lifestyle unlike any other. Gain a competitive edge in this coveted community by working with us at Florida Exclusive Living. Backed by years of experience and industry success, our team of experts is well-equipped to help you achieve your real estate goals.
