Contact 
Downtown Boca Raton
304 residences across three nine-story towers in downtown Boca Raton, overlooking the Boca Raton Resort golf course. Completed 2021.
Boca Raton, 33432
Boca Raton, 33432
Boca Raton, 33432
Boca Raton, 33432
Boca Raton, 33432
Boca Raton, 33432
Boca Raton, 33432
Boca Raton, 33432
Boca Raton, 33432
Boca Raton, 33432
Boca Raton, 33432
Boca Raton, 33432
Boca Raton, 33432
Market Intelligence
Resale activity across three towers since initial closings in 2021.
About The Building
Completed in 2021, Alina Residences is a 304-unit development across three interconnected nine-story towers at 200 SE Mizner Boulevard in downtown Boca Raton. The towers overlook the Boca Raton Resort golf course, with Mizner Park and Royal Palm Plaza within walking distance. The project was developed by El-Ad National Properties and designed by Arquitectonica.
Residences range from approximately 1,400 square feet (one bedroom plus den) to over 5,400 square feet (four-bedroom penthouse). Every unit includes a private terrace, and corner positions on upper floors offer wraparound terrace configurations. The developer spec emphasized European appliance brands and stone surfaces throughout; specific finishes vary in resale units where owners have upgraded beyond the original delivery package.
Building amenities include a rooftop pool and spa overlooking the golf course, temperature-controlled wine cellar with private lockers, separate men’s and women’s spa facilities with treatment rooms and steam and sauna, yoga garden, private screening room, club rooms with catering kitchen, fitness center, business center, 24-hour concierge, and valet parking.
Alina is not oceanfront. Its positioning is downtown walkability: Mizner Park is roughly a five-minute walk, and the Atlantic beach is approximately a five-minute drive. Within the Boca Raton competitive set, Alina sits between the oceanfront options (1000 Ocean at roughly $2,000 per square foot, Mandarin Oriental Residences in pre-construction) and the broader resale market. Buyers choosing Alina over oceanfront alternatives are typically trading direct beach access for newer construction, a walkable downtown location, and a lower entry price per square foot.
The building’s 304-unit scale means higher resale liquidity than boutique towers, but it also means a larger owner base and correspondingly higher common-area maintenance obligations. Prospective buyers should review the association’s reserve study and recent assessment history. HOA fees cover concierge, valet, security, all amenities, building maintenance, and reserves.
Building Features
Wellness, entertainment, and service facilities across three towers.
Residence Options
One-bedroom through four-bedroom penthouse configurations across three towers.
Various Floors
Various Floors
Top Floors
Residence Features
Standard appointments across all residence types.
Location
Alina sits at 200 SE Mizner Boulevard, directly overlooking the Boca Raton Resort golf course. Mizner Park and Royal Palm Plaza are within a five- to eight-minute walk, providing access to restaurants, retail, and cultural venues on foot.
The Atlantic beaches are approximately a five-minute drive. The adjacent Boca Raton Resort offers optional membership for golf, tennis, spa, and dining. Fort Lauderdale-Hollywood International Airport is roughly 25 minutes by car; Palm Beach International Airport is approximately 30 minutes. The Brightline station is a 10-minute drive, with direct rail service to Miami, Fort Lauderdale, and West Palm Beach.
Common Questions
Monthly HOA fees range from approximately $1,800 for smaller residences to $4,500 or more for penthouses, which works out to roughly $0.85 to $1.05 per square foot per month. The assessment covers 24-hour concierge, valet parking, building security, all amenities, structural insurance, exterior maintenance, and reserves. On top of the HOA, owners carry their own HO-6 policy (contents, interior improvements, personal liability, and any deductible assessment from the master policy), property taxes, and, if financed, debt service.
For a $3 million three-bedroom with homestead, total monthly carrying cost typically falls in the $8,000 to $12,000 range depending on leverage. Without homestead, the property tax component roughly doubles. Before making an offer, buyers should request three documents from the association: the current operating budget (to verify fee levels), the most recent reserve study (to assess future assessment risk), and the audited financials (to confirm the association is solvent). Those three documents tell you more about the true cost of ownership than any listing sheet.
The three buildings serve different buyer profiles and rarely compete for the same dollar. 1000 Ocean is a 52-unit oceanfront tower on South Ocean Boulevard with direct beach access; resale pricing typically runs 40% to 60% above Alina on a per-square-foot basis. Mandarin Oriental Residences at Via Mizner, currently in pre-construction, will carry a branded hotel service component with a mandatory membership structure and pricing above Alina’s resale range.
Alina offers existing construction (2021), a walkable downtown location adjacent to Mizner Park, and the lowest entry point per square foot of the three. The core trade-off is straightforward: 1000 Ocean buys ocean proximity, Mandarin Oriental buys branded hospitality infrastructure, Alina buys walkability, newer finishes, and relative value. Buyers who want all three will not find it in Boca Raton at any price point.
No. Alina is in downtown Boca Raton, overlooking the Boca Raton Resort golf course. The Atlantic beach is approximately a five-minute drive east. This is the defining positioning decision of the building: buyers trade direct ocean access for the ability to walk to Mizner Park, Royal Palm Plaza, and a concentration of restaurants in under 10 minutes on foot.
No oceanfront building in Boca Raton offers comparable pedestrian access to dining and retail. Buyers who require both ocean frontage and walkability will not find that combination in Boca at any price point. For direct oceanfront in Boca Raton, see 1000 Ocean. For a broader view of the Boca Raton luxury condo market, contact us.
Alina’s 304-unit inventory creates meaningfully higher resale liquidity than boutique towers like 1000 Ocean (52 units). In a typical year, resale volume runs in the range of 15 to 25 transactions across the three towers. That depth of activity produces a reliable stream of closed comparables, which supports more accurate appraisals and smoother financing for the next buyer.
The downside of scale is that multiple competing listings in the same building can create pricing pressure, particularly for units without a differentiating feature (corner position, high floor, or recent renovation). Buyers should evaluate not just the asking price of a target unit but the depth of competing inventory at the time of offer. We track every active and pending listing in the building and can advise on timing relative to current competition.
Top-floor penthouses carry the highest absolute prices, but on a per-square-foot basis the largest premiums generally attach to upper-floor units with direct, unobstructed golf course views to the west and south. East-facing units on higher floors can capture partial ocean views in the distance. Lower-floor units facing the internal courtyard or adjacent structures trade at a discount. Corner units with wraparound terraces also command a premium relative to in-line units of similar square footage.
The spread between the most and least desirable exposure on the same floor can be meaningful, sometimes 15% or more per square foot. This is the kind of variance that creates opportunity for informed buyers: an overlooked stack or a unit with renovation potential in a premium line can represent better value than a turnkey unit in a less desirable position. We can pull closed sale data by stack and floor to quantify the premium for any specific line you are considering.
The association carries a master policy covering the building structure, common areas, and shared systems. South Florida windstorm premiums have risen substantially since 2022, and Alina’s near-coastal (though not oceanfront) location factors into that cost. Florida’s post-Surfside legislation (SB 4-D and subsequent amendments) requires condominium associations to conduct structural integrity reserve studies and fully fund reserves for major structural components. Associations can no longer vote to waive or reduce reserve funding for those items.
Buyers should request three documents: the most recent reserve study (to confirm the building’s long-term capital plan), the current insurance summary (including deductible levels and windstorm sublimits), and written confirmation of compliance with the reserve funding mandate. Underfunded reserves lead to special assessments. The reserve study is the single most important financial document in Florida condo due diligence, and if the association cannot produce a current one, that is itself a red flag.
Alina’s declaration includes rental restrictions that govern minimum lease terms and the number of lease periods permitted per year. Buyers who plan to use the unit part-time and lease it during the remaining months should review three specific items in the governing documents before closing: the minimum lease duration, the annual cap on rental periods (if any), and whether any transfer or application fees apply to tenant placements.
These restrictions affect both income projections and exit flexibility. They also affect the building’s lender eligibility: Fannie Mae and Freddie Mac impose investor-concentration thresholds, and buildings that exceed them become non-warrantable, which shrinks the buyer pool and can compress resale values. Buyers who need current rental policy details should contact us; we work with the association management office regularly and can provide the specific terms.
Owner-occupancy rate affects financing availability, insurance costs, and the day-to-day character of the building. Fannie Mae and Freddie Mac require minimum owner-occupancy thresholds for a building to be “warrantable” for conventional financing. Buildings that fall below those thresholds force buyers into non-warrantable loan products, which typically carry higher rates and require larger down payments. That limits the buyer pool on resale, which can compress pricing.
Alina’s 304-unit scale and downtown location attract a mix of full-time residents, seasonal owners, and a smaller share of investors. The practical effect is a building that feels active year-round but quieter in summer. Buyers financing their purchase should confirm with their lender that the building currently meets warrantability requirements. We can provide the most recent occupancy data on request.
Most buyers in the $2M to $6M range plan some level of customization beyond the original developer finish. Alina’s association governs renovation activity through an approval process that typically requires architectural plans, contractor licensing and insurance documentation, and a refundable construction deposit. Work is generally restricted to specific days and hours, and the association may limit the number of concurrent renovations per tower to manage noise and elevator wear.
Buyers planning a significant renovation (kitchen reconfiguration, bathroom gut, flooring replacement) should factor three to six months of carrying cost between closing and move-in, plus the cost of the work itself. Request the association’s renovation guidelines and application before closing so the scope and timeline are clear. For buyers who prefer to avoid that carrying-cost gap, turnkey resale units that previous owners have already renovated trade at a premium but eliminate the wait.
No. Membership at the Boca Raton Resort is entirely separate from ownership at Alina. Residents may apply independently, but membership is not guaranteed with purchase and carries its own initiation fee and annual dues. The resort offers tiered memberships covering various combinations of golf, tennis, spa, beach club, and dining access.
For buyers whose primary recreation centers on golf or beach club use, the combined cost of an Alina residence plus resort membership should be weighed against owning in a community where those amenities are bundled into the HOA or membership structure. St. Andrews Country Club, the Boca Raton Resort’s own branded residences, and several other Boca communities include club access by default. The math depends on usage frequency: occasional users may find the à la carte approach through Alina plus optional membership more efficient than paying a mandatory club assessment year-round.
Alina operates a 24-hour front desk with concierge and security staff, valet parking, package receiving, dry cleaning coordination, and reservation assistance. The service model is residential concierge: consistent and professional, but not comparable to the staffing depth or brand standards of a hotel-operated property. Hotel-branded residences typically provide dedicated staff trained and overseen by the hotel operator, access to housekeeping and in-residence dining, and a global reservation network.
That infrastructure comes at a cost, both in higher purchase prices and in mandatory service fees or membership dues layered on top of the HOA. Buyers who require hotel-caliber daily service should look at Mandarin Oriental Residences (pre-construction in Boca Raton) or the Ritz-Carlton Residences on Singer Island. Buyers who are self-sufficient day-to-day and prefer to allocate that cost difference toward a larger unit, a better floor, or a renovation budget will find Alina’s service level more than adequate.
Alina was completed in 2021, making it one of the newest buildings in its Boca Raton competitive set. Newer buildings generally carry lower near-term risk of major structural assessments: the roof, mechanicals, elevators, and waterproofing systems are all within their initial life cycle. That said, no building is immune to unforeseen costs. Hurricane damage, equipment failure, and regulatory changes can all trigger assessments regardless of building age.
Under Florida’s updated condominium statutes (SB 4-D), associations are now required to conduct structural integrity reserve studies and move toward full reserve funding for major components. Alina will not face its first milestone structural inspection for over a decade, but the reserve funding mandate applies now. Buyers should request the association’s assessment history, current reserve balance, and most recent reserve study. A well-funded reserve reduces the probability of special assessments but does not eliminate it. If the reserve study shows any component below full funding, ask the board how the shortfall will be addressed, through gradual fee increases or a one-time assessment.
Alina units trade regularly across all three towers. Contact us to discuss current availability, recent transaction data, and upcoming opportunities.