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Boca Raton, Florida - Condominiums & Townhouses search results Premier Listings

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Important Terms about Condominiums

Condominiums are popular among people who want to combine the most convenient aspects of apartments and home ownership. They can be an attractive option for those who no longer wish to rent or lease the property they live in. If you're thinking of moving into a condominium, you may be confused by the unique terminology you may run into, so let's define certain key terms associated with them.

  • Condominium - A type of multi-unit housing in which each unit is owned by its occupant, who in turn holds partial ownership in the other areas of the building. It differs from an apartment building in that the residents do not rent but own the units. Each owner is responsible for the sale of his or her unit. They can also rent or lease the unit to another party.
  • Common elements - The areas of a condo that collectively belong to its residents. These can include pool areas and laundry rooms. Limited common elements are those allocated to some but not all of the condo residents.
  • Condo association - An organization involved in regulating various aspects of the condominium property, such as making repairs. Condominium residents are typically required to pay a monthly fee, often called an assessment, to the association. The association can be made up of condominium owners or professional managers. Sometimes called a homeowners association.
  • Reserve fund - The money set aside by the condo association for maintenance and repairs.
  • Waterfront condo - A condominium built next to a body of water, such as an ocean, lake, or river. Due to high demand, waterfront condos sales usually command premium prices.
  • Townhouse - A type of housing arrangement in which houses are set in a row and share walls.
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    Green Cay Homes
    6683 Old Farm Trail, Boynton Beach, FL 33437
    Turn to Green Cay Homes in Boynton Beach, FL, for the finest condos for rent, townhomes for rent, and beach rentals on the market today.
    (561) 990-3404
    Clear Lake Club
    710 Executive Center Dr, West Palm Beach, FL 33401
    We are a complex of 316 apartment homes located on 10 luxurious tropically landscaped acres. We offer beautiful views of the skyline across the lake and near the ocean. Rent one of our unfurnished apartments.
    (561) 686-8668
    Jade Signature
    16901 Collins Avenue, Sunny Isles Beach, FL 33160
    Jade Signature in Sunny Isles Beach is much more than a building, the range and quality of the residences turn them into homes for families, couples or singles. Find out more at: Jadesignatures.com
    (305) 440-0876
    Townsend Place
    500 Se Mizner Blvd, Boca Raton, FL 33432
    (561) 393-7667
    Stratford Arms Condominium Assoc
    2600 S Ocean Blvd, Boca Raton, FL 33432
    (561) 392-4611
    Boca Royal Condos
    100 Royal Palm Way, Boca Raton, FL 33432
    (561) 368-8050
    Meridian The
    1 N Ocean Blvd # Ofc, Boca Raton, FL 33432
    (561) 367-6835
    Boca Palms Condo Association Inc
    290 W Palmetto Park Rd, Boca Raton, FL 33432
    (561) 392-6968
    Lake House South
    875 E Camino Real, Boca Raton, FL 33432
    (561) 395-0874
    Boca Inlet Apartments
    701 E Camino Real, Boca Raton, FL 33432
    (561) 395-7441
    Chalfonte Condominium Association Inc
    550 S Ocean Blvd Apt 550601, Boca Raton, FL 33432
    (561) 368-3445
    Palmetto Place At Mizner Condo
    99 Se Mizner Blvd Ste 100, Boca Raton, FL 33432
    (561) 955-7092
    Sabal Shores Apartments Association Inc
    600 S Ocean Blvd, Boca Raton, FL 33432
    (561) 395-8332
    Sabal Ridge Condominium Association
    750 S Ocean Blvd, Boca Raton, FL 33432
    (561) 395-8552
    Cloister Del Mar
    1180 S Ocean Blvd, Boca Raton, FL 33432
    (561) 391-3260


    Condominiums are essentially apartments that a person owns rather than rents or leases; they also might pay association fees to help with the maintenance of the building and grounds around the condos. Condominiums usually will contain kitchens, laundry rooms, and multiple bedrooms and can be very luxurious or have a very contemporary look. Condominiums also often come with 24 hour security services. Buying and selling condos is usually done by real estate agents but they can also be put up for sale by the previous owner. Condominiums differ from townhouses in the fact that condominiums can be high rises, multi-bedroom, or even similar to the style of a hotel, whereas townhouses usually only have one or two units per building and are houses rather than high rise buildings. Many new condominiums offer luxury features and can be found in any part of the cities including downtown. Real estate agents will also offer more services when dealing with purchasing condos rather than renting apartments. An excellent way to get more information about the differences between condos both old and new, townhouses, and luxury vacation sales is to speak with a real estate agent who has access to multiple listings in all areas. Other information can usually be found through online sites and sometimes brochures that include property for lease, condo listings, and vacation property for sale. Many people consider condos more of a home than apartments because they own them rather than rent them. Condominiums can include almost anything from luxury kitchens, multiple bathrooms, and can even come completely furnished. They may be downtown or in the suburbs and they can come in almost any size.
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