NOT LISTED FOR SALE

The Addison 1500 S Ocean Blvd Unit 1401 Boca Raton, FL 33432

Estimated Value: $2,801,000 - $4,341,000

3 Beds
3.5 Baths
3,117 Sq Ft
$2,722/mo HOA Fee

Last Sold December 08, 2020

Last sale price $2,450,000 $786 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $25,527/month

161 Days on Market

Highlights

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

About This Home

As of December 2020

This stunning residence has forever views from the 14th floor of both the ocean to the east and the city of Boca Raton to the west. This is a highly sought after and rarely available wrap-around corner residence. This gorgeous unit has a completely renovated chef's kitchen, with custom everything... Custom lighting, contemporary cabinets, beautiful eat-in kitchen table, all overlooking the ocean. The bathrooms have all been luxuriously renovated as well. There is gorgeous ''wood look'' porcelain flooring in the common areas and plush carpet in the bedrooms. This lavish residence is a must see!

Last Agent to Sell the Property

Mark Howard Hansen

Coldwell Banker License #637205 Listed on: 05/30/2020

Coldwell Banker

Last Buyer's Agent

Mark Howard Hansen

Coldwell Banker License #637205 Listed on: 05/30/2020

Coldwell Banker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,072

Year Built

  • Built in 1985

Lot Details

  • Ocean Front

HOA Fees

  • $2,722 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 3,117 Sq Ft Home
  • Bar
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Carpet
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434732230021401

Community Details

Overview

  • Association fees include management, cable TV, insurance, legal/accounting, maintenance structure, pest control, reserve fund, sewer, security, trash, water
  • 169 Units
  • High-Rise Condominium
  • Addison Subdivision
  • 16-Story Property

Amenities

  • Doorman
  • Business Center
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Spa

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,072

Year Built

Built in 1985

Lot Details

0

HOA Fees

$2,722 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A south of Camino Real to The Addison On The Ocean on the east side.
  • Year Built: 1985
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Garden Tub/Roman Tub, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Other
  • Living Area: 3117.0
  • Dining Room Type: Storage Room
  • Stories: 16
  • Window Features: Blinds, Impact Glass, Sliding

Exterior Features

  • View: Ocean, Water
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest

Utilities

  • Laundry Features: Laundry Tub
  • Security: Closed Circuit Camera(s), Door Man, Gated with Guard, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2722.0
  • Community Features: Gated, Property Manager On-Site, Sauna
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Clubhouse, Fitness Center, Management, Sauna, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Maintenance Structure, Pest Control, Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434732230021401
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 30072.0

Multi Family

  • Number Of Units In Community: 169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Dec 8, 2020
Sold by
Hirsch Steven E and Hirsch Mary Ellen
Bought by
Hampers L Joyce and L Joyce Hampers Revocable Trus
Seller's Agent
Mark Howard Hansen
Coldwell Banker
Buyer's Agent
Mark Howard Hansen
Coldwell Banker
List Price
$2,795,000
Sold Price
$2,450,000
Premium/Discount to List
-$345,000
-12.34%
Current Estimated Value
$3,514,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,064,660
Avg. Annual Appreciation
6.62%

Purchase Details

Listed on
Apr 16, 2014
Closed on
Nov 25, 2014
Sold by
Novick Dennis
Bought by
Hirsch Steven E and Hirsch Mary Ellen
Seller's Agent
Scot Karp
Premier Estate Properties Inc
Buyer's Agent
Arnold M. Jacobs
Champagne & Parisi Real Estate
List Price
$2,250,000
Sold Price
$2,000,000
Premium/Discount to List
-$250,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%

Purchase Details

Closed on
Jan 25, 2013
Sold by
Novick Katherine
Bought by
Novick Dennis

Purchase Details

Closed on
Apr 15, 2003
Sold by
Karelitz Stephen H and Karelitz Jane S
Bought by
Novick Dennis and Novick Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.62%

Purchase Details

Closed on
Jul 19, 2002
Sold by
Karelitz Stephen H and Karelitz Jane S
Bought by
Karelitz Stephen H and Karelitz Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Interest Rate
5.25%

Purchase Details

Closed on
Apr 13, 1995
Sold by
Federal Deposit Insurance Corporation
Bought by
Karelitz Stephen H and Karelitz Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
8.49%

Purchase Details

Closed on
Jul 8, 1994
Sold by
Clerk Circuit Court
Bought by
Federal Deposit Insurance Corporation and 1St Natl Bk Tom River Nj

Purchase Details

Closed on
Jun 27, 1994
Sold by
Clerk Circuit Court
Bought by
Federal Deposit Insurance Corporation and 1St Natl Bk Toms River Nj
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Hampers L Joyce $2,450,000 Attorney
L Joyce Hampers Revocable Trust $2,450,000 None Listed On Document
Hirsch Steven E $2,000,000 Attorney
Novick Dennis -- Attorney
Novick Dennis $1,460,000 --
Karelitz Stephen H -- --
Karelitz Stephen H $860,000 --
Federal Deposit Insurance Corporation -- --
Federal Deposit Insurance Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hirsch Steven E $1,400,000
Previous Owner Novick Dennis $1,000,000
Previous Owner Karelitz Stephen H $100,000
Previous Owner Karelitz Stephen H $649,000
Previous Owner Karelitz Stephen H $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $2,450,000 -12.3% $786 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $2,795,000 +39.8% $897 / Sq Ft
11/25/2014 11/25/14 Sold $2,000,000 -11.1% $642 / Sq Ft
10/26/2014 10/26/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $2,250,000 -- $722 / 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 $43,860 $2,608,382 -- --
2023 $42,932 $2,532,410 $0 $0
2022 $42,706 $2,458,650 $0 $0
2021 $31,660 $1,740,000 $0 $1,740,000
2020 $29,669 $1,670,000 $0 $1,670,000
2019 $30,528 $1,670,000 $0 $1,670,000
2018 $28,806 $1,650,000 $0 $1,650,000
2017 $30,079 $1,695,000 $0 $0
2016 $30,294 $1,665,000 $0 $0
2015 $28,287 $1,465,000 $0 $0
2014 $22,028 $1,165,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mark Howard Hansen

    Coldwell Banker

    (561) 213-2616

    51 Total Sales

    Mark Howard Hansen
    Section Image

  • S

    Seller's Agent in 2014

    Scot Karp

    Premier Estate Properties Inc

    (561) 394-7700

    148 Total Sales

    Scot Karp
    Section Image

  • A

    Buyer's Agent in 2014

    Arnold M. Jacobs

    Champagne & Parisi Real Estate

    (561) 809-9497

    22 Total Sales

    Arnold M. Jacobs
    Section Image
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About The Addison

Map

Source: BeachesMLS

MLS Number: R10626543

BeachesMLS

APN: 06-43-47-32-23-002-1401

Florida Palm Beach County Boca Raton 33432

1500 S Ocean Blvd Unit 1401, Boca Raton, FL

This home is located at 1500 S Ocean Blvd Unit 1401, Boca Raton, FL 33432 since 30 May 2020 and is currently estimated at $3,514,660, approximately $1,127 per square foot. This property was built in 1985. 1500 S Ocean Blvd Unit 1401 is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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