Single Family Residence

1502 SW 5th Avenue

1502 SW 5th Avenue, Boca Raton FL 33432 Get directions

$2,799,000

For Sale
Price cut: $200,999 (−6.7%)

7 Beds · 4 Baths · 4,518 SqFt

See estimated monthly cost

This listing is courtesy of Gersper Team Realty. Mike Michael Gersper

Overview

Rare opportunity to own a premier East Boca waterfront residence featuring 147 feet of ocean-access waterfrontage, a private dock, and a 5,000-pound boat lift. Offering 4,518 square feet of living space under air, this expansive home combines exceptional waterfront living with a highly functional floor plan ideal for both everyday living and entertaining. The residence features 7 bedrooms, 4.5 bathrooms, and a two-car garage. An updated kitchen serves as the centerpiece of the home, partial impact glass frames beautiful views of the pool and wide waterway, filling the interiors with natural light. The versatile layout includes two first-floor bedrooms, one currently configured as a home office, and five additional bedrooms upstairs. Designed to embrace the South Florida lifestyle, the home features a dedicated pool room overlooking the outdoor living area, sparkling pool, and tranquil waterfront setting. With extensive waterfrontage, ocean access, private dockage, and ample space for family and guests, this property presents an exceptional opportunity in one of East Boca Raton's most desirable waterfront locations. Ideally situated just minutes from Boca's pristine beaches, world-class dining, shopping, and entertainment, this waterfront retreat offers the perfect blend of boating lifestyle, comfort, and location.

Facts & features

Interior

Living area (sq ft)
4,518
Full bathrooms
4
Half bathrooms
1
Furnished
Unfurnished
  • Pantry
  • Roman Tub
  • 3 Bedroom Split
  • Walk-In Closet(s)
  • Wet Bar
  • Attic
  • Family Room
  • Great Room
  • Loft
  • Media Room
  • Utility Room/Laundry
  • Workshop

Building & exterior

Year built
1985
Garage spaces
2
Covered spaces
2
Pool
Yes
Waterfront
Yes
  • Bay
  • Pool
  • Water
  • Bay View
  • Canal Front
  • Canal Width 1-80 Feet
  • Canal
  • Ocean Access
  • Point Lot
  • Fruit Trees
  • Open Balcony
  • 2 Or More Spaces
  • Driveway
  • Limited # Of Vehicle
  • Parking Garage
  • On Street

HOA (homeowners association)

Association fee
$45 per month
  • Boat Dock
  • Private Pool
  • Assoc Approval Required
  • Yes

Taxes

Annual tax
$27,653
Tax year
2025
Parcel number
06434730400020070

Assigned schools

Elementary
Boca Raton
Middle
Boca Raton Community
High
Boca Raton Community

Listing

MLS number
B26037717
Property type
Single Family Residence
Price per SqFt
$620
Subdivision
ESTOVILLE,Spanish River Garden
On market since
Jun 6, 2026
Days on market
117

Price history

Date Event Price Change
Jun 6, 2026 Listed $3,399,000 —
Oct 1, 2026 Price change $2,799,000 −$200,999 (−6.7%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$18,602 per month

Principal & interest (30 yr)
$14,153
Property tax
$2,304
Insurance (estimated)
$2,099
Association fee
$45

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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