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CondominiumResidential

1040 Banyan Rd

BOCA RATON, FL 33432
1969
Year BuiltThe year the home was originally built, according to county records.
Built 196950 floors35 units1,269–1,557 ft²
$24M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$680K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$516
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-33.2%vs the Boca Raton ZIP median sale $/ft² ($772)

Sales Performance

$613K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-14.0%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
2
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
5.7%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+4.4%per yeartypical hold 10.6 yrsfrom 23 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19972000200420092014201720222026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19972000200420092014201720222026

54 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$480K$644K$808K$972K1,269 ft²1,327 ft²1,384 ft²1,442 ft²1,499 ft²1,557 ft²
2 bd3 bd
2 bed
25 units
3 bed
10 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 1,269 ft²
25 units
3 bd · 2 ba · 1,557 ft²
7 units
3 bd · 2.5 ba · 1,557 ft²
2 units
One-off layouts
1 unit

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$480K–$480K
1 unit
$545K–$602K
5 units
$612K–$655K
7 units
$665K–$723K
9 units
$730K–$778K
6 units
$796K–$830K
5 units
$913K–$972K
2 units

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floors 1–10
$498/ft²
Floor 20
$529/ft²
Floor 30
$524/ft²
Floor 40
$534/ft²
Floor 50
$545/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·60
$529/ft²
Line ·50
$520/ft²
Line ·40
$520/ft²
Line ·30
$519/ft²
Line ·70
$508/ft²
Line ·01
$492/ft²
Line ·02
$475/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.57%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.20%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.10.7 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.86%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.25%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$589,904
Median tax billThe middle annual property tax bill among the building's units.$7,583
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 4010Oct 6, 2026$675,000Unit 3050Jun 18, 2026$550,000Unit 501COct 24, 2025$625,000Unit 5070Jan 21, 2025$800,000Unit 3030Jul 1, 2024$550,000Unit 3060Mar 28, 2024$695,000Unit 3020Dec 8, 2022$615,000Unit 5050Jul 16, 2021$575,000Unit 407CMar 4, 2021$512,500Unit 104CMar 31, 2020$425,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.23 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.85%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyPalm Beach
ConstructionThe main material the home's frame and walls are built from.Concrete Blocks
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Boca Raton Elementary SchoolC+
Elementary · Grades KG–5 · 1.2 mi
M
Boca Raton Community Middle SchoolB+
Middle · Grades 6–8 · 2.9 mi
H
Boca Raton Community High SchoolB+
High · Grades 9–12 · 3.2 mi

District: Palm Beach County School District

Neighborhood · ZIP 33432These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.142
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.79
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.79%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.23,849
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,143 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$106,163
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$154,519
Average tempThe average temperature here across a full year.76°F
Annual precipHow much rain and melted snow falls here in a typical year.59 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.66%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1040 Banyan Rd Apt 101c
3 bd · 2 ba · 1,557 ft²
$754K
1040 Banyan Rd Apt 102c
2 bd · 2 ba · 1,269 ft²
$651K
1040 Banyan Rd Apt 104c
2 bd · 2 ba · 1,269 ft²
$686K
1040 Banyan Rd Apt 105c
2 bd · 2 ba · 1,269 ft²
$730K
1040 Banyan Rd Apt 202c
2 bd · 2 ba · 1,269 ft²
$480K
1040 Banyan Rd # 301c
3 bd · 2.5 ba · 1,557 ft²
$913K
1040 Banyan Rd Apt 307c
3 bd · 2 ba · 1,557 ft²
$761K
1040 Banyan Rd # 402c
2 bd · 2 ba · 1,269 ft²
$676K
1040 Banyan Rd Apt 407c
3 bd · 2 ba · 1,557 ft²
$796K
1040 Banyan Rd Apt 501c
3 bd · 2 ba · 1,557 ft²
$631K
1040 Banyan Rd # 504c
2 bd · 2 ba · 1,269 ft²
$695K
1040 Banyan Rd # 1030
2 bd · 2 ba · 1,269 ft²
$612K
1040 Banyan Rd # 1060
2 bd · 2 ba · 1,269 ft²
$584K
1040 Banyan Rd # 1070
3 bd · 2 ba · 1,557 ft²
$723K
1040 Banyan Rd # 2010
3 bd · 2.5 ba · 1,557 ft²
$972K
1040 Banyan Rd # 2030
2 bd · 2 ba · 1,269 ft²
$648K
1040 Banyan Rd # 2040
2 bd · 2 ba · 1,269 ft²
$683K
1040 Banyan Rd # 2050
2 bd · 2 ba · 1,269 ft²
$680K
1040 Banyan Rd # 2060
2 bd · 2 ba · 1,269 ft²
$545K
1040 Banyan Rd # 2070
3 bd · 3 ba · 1,557 ft²
$830K
1040 Banyan Rd # 3020
2 bd · 2 ba · 1,269 ft²
$773K
1040 Banyan Rd # 3030
2 bd · 2 ba · 1,269 ft²
$602K
1040 Banyan Rd # 3040
2 bd · 2 ba · 1,269 ft²
$623K
1040 Banyan Rd # 3050
2 bd · 2 ba · 1,269 ft²
$551K
1040 Banyan Rd # 3060
2 bd · 2 ba · 1,269 ft²
$778K
1040 Banyan Rd # 4010
3 bd · 2.5 ba · 1,557 ft²
$675K
1040 Banyan Rd # 4030
2 bd · 2 ba · 1,269 ft²
$774K
1040 Banyan Rd # 4040
2 bd · 2 ba · 1,269 ft²
$673K
1040 Banyan Rd # 4050
2 bd · 2 ba · 1,269 ft²
$591K
1040 Banyan Rd # 4060
2 bd · 2 ba · 1,269 ft²
$800K
1040 Banyan Rd # 5020
2 bd · 2 ba · 1,269 ft²
$665K
1040 Banyan Rd # 5030
2 bd · 2 ba · 1,269 ft²
$655K
1040 Banyan Rd # 5050
2 bd · 2 ba · 1,269 ft²
$817K
1040 Banyan Rd # 5060
2 bd · 2 ba · 1,269 ft²
$652K
1040 Banyan Rd # 5070
3 bd · 2 ba · 1,557 ft²
$819K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 1040 Banyan Rd

How many units are in 1040 Banyan Rd, Boca Raton, FL?

1040 Banyan Rd, Boca Raton, FL has 35 residential units across 50 floors, built in 1969, according to county assessor records.

What is a unit at 1040 Banyan Rd, Boca Raton, FL worth?

The median TopHap Estimate across the 35 units at 1040 Banyan Rd, Boca Raton, FL is $680,282. That works out to $516 per square foot. Units run from 1,269 to 1,557 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1040 Banyan Rd, Boca Raton, FL expensive for Boca Raton?

Units at 1040 Banyan Rd, Boca Raton, FL carry a median of $516 per square foot, 33% below the Boca Raton median of $772 per square foot.

How often do units sell at 1040 Banyan Rd, Boca Raton, FL?

2 units at 1040 Banyan Rd, Boca Raton, FL sold in the last 12 months, out of 54 recorded arms-length sales all time. That is a turnover rate of 5.7% of the building per year. The median sale over that period was $613K.

Have units at 1040 Banyan Rd, Boca Raton, FL appreciated?

Across 23 repeat sales of the same unit, 1040 Banyan Rd, Boca Raton, FL returned a median 4.4% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 10.6 years.

What floor plans does 1040 Banyan Rd, Boca Raton, FL have?

The most common plan at 1040 Banyan Rd, Boca Raton, FL is a 2-bedroom of 1,269 square feet, repeated 25 times, with a median estimate of $665,324. TopHap identifies 3 recurring plans in the building.

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