$9,400,000
SOLD SEP 27, 2024

One Thousand Ocean 1000 S Ocean Blvd Unit 505 Boca Raton, FL 33432

3 Beds
3.5 Baths
4,520 Sq Ft
$8,588/mo HOA Fee

Recently Sold

$2,080 Per Sq Ft

16% Below List Price

244 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Gated with Attendant
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • Home Theater

About This Home

As of September 2024

One Thousand Ocean | Welcome to Boca Raton's Most Prestigious Address on the Ocean. This rarely available Center Stack direct ocean-front 05-Line is now available. 11' floor to ceiling windows w/breathtaking views of the Ocean & Boca inlet. The spacious unit has total 5486 total sq ft. & the floor-plan includes 3 bedrooms & 3.1 bathrooms, all water views, cozy Theater, The Chef's kitchen includes marble counter tops, high-gloss Walnut Cabinetry, wine station & coolers, coffee station, double ovens & dishwashers, and an outdoor Hibachi grill & BBQ. The over-sized Primary Suite has breathtaking ocean views, custom iron & glass doors leading to an expansive closet w/ built-in storage & vanity island. The primary BA has marble detailing, separate vanities & water closets, & an over-sized spa-

Last Agent to Sell the Property

Marcy Javor

Signature One Luxury Estates LLC License #3329310 Listed on: 12/14/2023

Signature One Luxury Estates LLC

Last Buyer's Agent

Michael O'Connor

Douglas Elliman License #3380134

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $86,093

Year Built

  • Built in 2010

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $8,588 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Garage Door Opener
  • Guest Parking
  • Deeded Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 4,520 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Bar
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Theater
  • Den
  • Sun or Florida Room
  • Closed Circuit Camera

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434728200015050

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, parking, pool(s), roof, security, trash
  • One Thousand Ocean Subdivision
  • 7-Story Property

Amenities

  • Doorman
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$86,093

Year Built

Built in 2010

Lot Details

0

HOA Fees

$8,588 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palmetto Park Road East to S Ocean Boulevard, head South 1/4 mile down, turn into The Boca Raton Beach Club and follow signs to One Thousand Ocean.
  • Year Built: 2010
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Eat-in Kitchen, Elevator, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Living Area: 4520.0
  • Dining Room Type: Den, Family Room, Laundry, Media Room, Dining Room, Florida Room
  • Stories: 7
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill
  • View: Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Covered, Deeded, Garage, Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Gated with Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 8588.0
  • Community Features: Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Pool(s), Roof, Security, Trash

Lot Info

  • Parcel #: 06434728200015050
  • Lot Size: East of US-1
  • Zoning Description: R5A-PUD

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 86093.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Sep 24, 2024
Sold by
Laganas Steven and Hartman Jayson
Bought by
Sorbaro Victor Stephen
Seller's Agent
Marcy Javor
Signature One Luxury Estates LLC
Buyer's Agent
Michael O'Connor
Douglas Elliman
List Price
$11,250,000
Sold Price
$9,400,000
Premium/Discount to List
-$1,850,000
-16.44%
Views
119
Current Estimated Value
$9,089,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$310,423
Avg. Annual Appreciation
-3.44%

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 16, 2023
Sold by
Braun Jason and Braun Tracey
Bought by
Steven Laganas Irrevocable Trust and Eliza Laganas Irrevocable Trust
Seller's Agent
Bonnie Heatzig
Compass Florida LLC
Buyer's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$10,750,000
Sold Price
$9,225,000
Premium/Discount to List
-$1,525,000
-14.19%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.23%

Purchase Details

Closed on
Nov 1, 2021
Sold by
Reich Gerald I and Brattan Mia
Bought by
Braun Jason and Braun Tracey

Purchase Details

Closed on
Apr 30, 2020
Sold by
Reich Gerald and Brattan Mia
Bought by
Reich Gerald I and Gerald I Reich Trust

Purchase Details

Closed on
May 25, 2010
Sold by
Bre Point Parcel L L C
Bought by
Reich Gerald
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $9,400,000 Signature Title Group
Warranty Deed $9,400,000 Signature Title Group
Warranty Deed $9,225,000 Transamerican Title & Settleme
Warranty Deed $6,889,112 Attorney
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $4,306,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $9,400,000 -14.2% $2,080 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
07/06/2024 07/06/24 Price Changed $10,950,000 -1.8% $2,423 / Sq Ft
05/16/2024 05/16/24 Price Changed $11,150,000 -0.8% $2,467 / Sq Ft
03/19/2024 03/19/24 Price Changed $11,240,000 0.0% $2,487 / Sq Ft
03/02/2024 03/02/24 Price Changed $11,245,000 0.0% $2,488 / Sq Ft
03/02/2024 03/02/24 Price Changed $11,249,000 0.0% $2,489 / Sq Ft
12/14/2023 12/14/23 For Sale $11,250,000 +22.0% $2,489 / Sq Ft
03/16/2023 03/16/23 Sold $9,225,000 -14.2% $2,244 / Sq Ft
02/07/2023 02/07/23 For Sale $10,750,000 -- $2,615 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $132,111 $7,750,000 -- --
2023 $86,093 $5,042,656 $0 $0
2022 $85,511 $4,895,783 $0 $0
2021 $73,308 $4,086,935 $0 $0
2020 $72,296 $4,030,508 $0 $0
2019 $72,710 $3,939,891 $0 $0
2018 $68,160 $3,866,429 $0 $0
2017 $67,831 $3,786,904 $0 $0
2016 $68,155 $3,709,015 $0 $0
2015 $70,072 $3,683,232 $0 $0
2014 $70,366 $3,654,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10943338

BeachesMLS

APN: 06-43-47-28-20-001-5050