Penthouse Towers is a 10-story, 136-unit oceanfront condominium built in 1970 on a narrow stretch of Highland Beach between the Atlantic Ocean and the Intracoastal Waterway, roughly 400 feet from the beach. The pentagon-shaped towers have been updated with hurricane-impact glass and offer an infinity pool, gym, and garage parking. Condo fees run about $1,748-$1,795 per month (roughly $1.65 per sq ft), and recent sales have averaged around $720 per square foot.
This building is in our statewide file. When you order, we run a fresh scan across 14 risk categories — inspections, assessments, structural condition, litigation, insurance and more. Your report shows what public records revealed, and just as important, what they couldn't — so you know exactly what to verify before you make an offer. Delivered within 24 hours.
Get the full Intelligence Report — $9.99Publicly reported association fees at Penthouse Towers are approximately $1,748-$1,795/mo (~$1.65/sqft), covering common area/grounds/building maintenance, roof, pool, property insurance. Buyers should verify the current fee schedule for the specific unit with the association.
Recent listings at Penthouse Towers range around $650,000-$765,000 (2BR units).
Penthouse Towers was built in approximately 1970 and rises 10 floors with 136 units.
Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.
When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.
In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.
Nearby in Highland Beach: Ambassadors East · Seagate of Highland Condominiums · 45 Ocean (formerly Ambassador One) · Regency Highland · Braemar Isle · All Highland Beach condos