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CondominiumResidential
$778,006$613 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $575,000 on Jul 16, 2021

1040 BANYAN RD # 5050

BOCA RATON, FL 33432
Building report
2
Beds
2
Baths
1,269 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1969
Year BuiltThe year the home was originally built, according to county records.

Valuation

$778K
$696K low$860K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$575,000 · Jul 16, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,543 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$468,790 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$468,790
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$522,907
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$468,790

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

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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 SchoolB+
Elementary · Grades KG–5 · 1.2 mi
M
Boca Raton Community Middle SchoolA
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%

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

How this home compares

1040 Banyan Rd # 5050 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 77% of homes in Palm Beach County
  • Costs more per square foot than 91% of homes in Palm Beach County
  • Smaller than 70% of homes in Boca Raton 33432
  • Older than 86% of homes in Palm Beach County

What homes are worth in Boca Raton 33432

Each bar is how many homes fall in that price range. The marker is this home.

This home
$168K$10M

This home is worth more than 38% of homes in Boca Raton 33432.

How it measures up in Boca Raton 33432

The dot is this home. The mark in the middle is the typical home in Boca Raton 33432.

Estimated value$778,006
CheaperTypical $1,144,153Pricier

Pricier than 38% of homes nearby

Price per ft²$613
CheaperTypical $670Pricier

Pricier than 46% of homes nearby

Living area1,269 ft²
SmallerTypical 1,614 ft²Bigger

Bigger than 30% of homes nearby

Year built1969
OlderTypical 1975Newer

Newer than 23% of homes nearby

How 1040 Banyan Rd # 5050 ranks against every home in each area.
MeasureThis homeThe EstatesBoca Raton 33432Palm Beach County
Estimated valuepricier than$778,00640% of homes38% of homes77% of homes
Price per ft²pricier than$61345% of homes46% of homes91% of homes
Living areabigger than1,269 ft²34% of homes30% of homes32% of homes
Year builtnewer than196928% of homes23% of homes14% of homes

About 1040 Banyan Rd # 5050

How much is 1040 Banyan Rd # 5050, Boca Raton, FL worth?

The TopHap Estimate for 1040 Banyan Rd # 5050, Boca Raton, FL is $778,006 as of Aug 30, 2026. The likely range is $695,929 to $860,083. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1040 Banyan Rd # 5050, Boca Raton, FL last sell?

1040 Banyan Rd # 5050, Boca Raton, FL last sold on Jul 16, 2021 for $575,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 1040 Banyan Rd # 5050, Boca Raton, FL?

1040 Banyan Rd # 5050, Boca Raton, FL has 2 bedrooms, 2 bathrooms and 1,269 square feet of living space.

When was 1040 Banyan Rd # 5050, Boca Raton, FL built?

1040 Banyan Rd # 5050, Boca Raton, FL was built in 1969, making it 57 years old.

What schools serve 1040 Banyan Rd # 5050, Boca Raton, FL?

1040 Banyan Rd # 5050, Boca Raton, FL is assigned to Boca Raton Elementary School (elementary), rated B+; Boca Raton Community Middle School (middle), rated A; Boca Raton Community High School (high), rated B-. All sit in Palm Beach County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1040 Banyan Rd # 5050, Boca Raton, FL compare to other homes in Boca Raton 33432?

Among the 10,779 homes in Boca Raton 33432, it is worth more than 38% of them ($778,006 against a typical $1,144,153), its price per square foot is higher than 46% of them ($613 against a typical $670), it is bigger than 30% of them (1,269 ft² against a typical 1,614 ft²) and it is newer than 23% of them (1969 against a typical 1975). Measured against all of Palm Beach County, it is worth more than 77% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1040 Banyan Rd # 5050, Boca Raton, FL?

The 2025 property tax bill for 1040 Banyan Rd # 5050, Boca Raton, FL was $7,543. The county assessed it at $468,790.

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