$2,078,000 - $2,442,000
RENTED DEC 1, 2024

The Addison 1500 S Ocean Blvd Unit 1503 Boca Raton, FL 33432

2 Beds
2.5 Baths
2,156 Sq Ft
11.38 Acres

Last Sold December 30, 2019

Last sale price $1,200,000 $557 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $14,015/month

Highlights

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

About This Home

As of December 2024

S-1503 is the height of oceanfront luxury. Newly renovated in 2022, this 2 bedroom, 2.5 bath residence features every upgrade imaginable; the contemporary kitchen features state of the art appliances including a steam oven, convection cooktop island w/ extra storage, seating & waterfall edge. The living area includes a custom wet bar w/ a stunning wine display, perfect for entertaining. All of the bathrooms have fabulous finishes such as a heated towel bar. The Creston system conveniently controls lights, audio, video & thermostat in the unit. Raised ceilings, open spaces, sparkling porcelain, designer hardware & impact glass are just some of the amenities in this residence. This 15th floor unit offers panoramic ocean vistas to the east & fabulous city views of Boca Raton to the west.

Last Agent to Rent the Property

Mark Howard Hansen

Coldwell Banker License #637205 Listed on: 09/16/2024

Coldwell Banker

Last Renter's Agent

Lisa-Ann Marchesi

Douglas Elliman License #3599252

Douglas Elliman

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,413

Year Built

  • Built in 1986

Lot Details

  • Ocean Front

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 2,156 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Entrance Foyer
  • Family Room
  • Closed Circuit Camera
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Security Deposit $11,500
  • Property Available on 11/1/24
  • Assessor Parcel Number 06434732230021503

Community Details

Overview

  • 169 Units
  • Addison Subdivision

Amenities

  • Game Room
  • Business Center
  • Community Library
  • Bike Room
  • Community Storage Space

Recreation

  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$21,413

Year Built

Built in 1986

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2024-11-01
  • Security Deposit: 11500.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A south of Camino Real to The Addison On The Ocean on the east ocean side.
  • Year Built: 1986
  • Entry Level: 15
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Entrance Foyer, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 2156.0
  • Dining Room Type: Family Room, Storage Room

Exterior Features

  • View: Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

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), Gated with Guard, Security Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Game Room, Gated, Property Manager On-Site, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Cabana, Clubhouse, Fitness Center, Library, Management, Pool, Spa/Hot Tub, Storage, Trash
  • Pets Allowed: No

Lot Info

  • Parcel #: 06434732230021503
  • Land Lease Amount Frequency: Monthly
  • Lot Size: East of US-1,Paved Road,

Multi Family

  • Number Of Units In Community: 169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Dec 30, 2019
Sold by
Remillard Regan P and Estate Of Arthur J Remillard J
Bought by
Uvino Joseph F and Uvino Wendy M
Seller's Agent
Mark Howard Hansen
Coldwell Banker
Buyer's Agent
Gino DeMarco
Coldwell Banker
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%
Current Estimated Value
$2,244,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,044,737
Avg. Annual Appreciation
11.72%
Original Mortgage
$960,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2004
Sold by
Abbas Joseph and Abbas Annette
Bought by
Remillard Arthur

Purchase Details

Closed on
Jan 30, 2003
Sold by
Brudnick Jeffrey S and Brudnick Susan M
Bought by
Abbas Joseph and Abbas Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.95%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Uvino Joseph F $1,200,000 Patch Reef Title Company Inc
Uvino Joseph F -- Patch Reef Title Company Inc
Remillard Arthur $750,000 --
Abbas Joseph $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uvino Joseph F $610,000
Open Uvino Joseph F $1,500,000
Closed Uvino Joseph F $960,000
Previous Owner Abbas Joseph $600,000
Previous Owner Abbas Joseph $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2024 12/01/24 Rented $11,500 0.0% --
09/16/2024 09/16/24 For Rent $11,500 0.0% --
12/30/2019 12/30/19 Sold $1,200,000 -20.0% $557 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $1,500,000 -- $696 / 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 $21,413 $1,283,955 -- --
2023 $20,952 $1,246,558 $0 $0
2022 $20,792 $1,210,250 $0 $0
2021 $20,727 $1,175,000 $0 $1,175,000
2020 $20,826 $1,140,000 $0 $1,140,000
2019 $21,100 $1,140,000 $0 $1,140,000
2018 $19,384 $1,195,000 $0 $1,195,000
2017 $18,162 $1,120,000 $0 $0
2016 $16,940 $834,900 $0 $0
2015 $15,164 $759,000 $0 $0
2014 $13,585 $690,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2024

    Mark Howard Hansen

    Coldwell Banker

    (561) 213-2616

    51 Total Sales

    Mark Howard Hansen
    Section Image

  • L

    Tenant's Agent in 2024

    Lisa-Ann Marchesi

    Douglas Elliman

    (973) 975-2348

    2 Total Sales

    Lisa-Ann Marchesi
    Section Image

  • G

    Buyer's Agent in 2019

    Gino DeMarco

    Coldwell Banker

    (561) 997-4187

    8 Total Sales

    Gino DeMarco
    Section Image
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About The Addison

Map

Source: BeachesMLS

MLS Number: R11021309

BeachesMLS

APN: 06-43-47-32-23-002-1503

Florida Palm Beach County Boca Raton 33432

1500 S Ocean Blvd Unit 1503, Boca Raton, FL

This home is located at 1500 S Ocean Blvd Unit 1503, Boca Raton, FL 33432 since 16 September 2024 and is currently priced at $2,244,737. This property was built in 1986. 1500 S Ocean Blvd Unit 1503 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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