The Addison 1500 S Ocean Blvd Unit 1602 Boca Raton, FL 33432
3
Beds
3.5
Baths
2,792
Sq Ft
$4,513/mo
HOA Fee
Highlights
- Ocean Front
- Community Cabanas
- Gated with Attendant
- Boca Raton Community Middle School Rated A-
- Fitness Center
- Clubhouse
About This Home
As of April 2025S-1602 is a rarely available, 3-bedroom, 3.5-bath, PENTHOUSE residence with endless sunrise ocean views to the east and spectacular sunset city views to the west. This oceanfront residence features an air conditioned beachfront cabana, 2 parking spaces, 9 Ft. ceilings and impact glass throughout. This is an incredible opportunity to own a premier, top-floor unit in one of Boca Raton's most luxurious, resort-style buildings. From the grand foyer entry to the built-in wet bar to the double balconies with panoramic vistas... this fabulous unit is perfect for entertaining. S-1602 is the height of luxury located at the height of the building, this incredibly sought after penthouse won't last!
Last Agent to Sell the Property
Coldwell Banker License #637205 Listed on: 02/10/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,408
Year Built
- Built in 1986
Lot Details
- Ocean Front
HOA Fees
- $4,513 Monthly HOA Fees
Parking
- Over 1 Space Per Unit
- Assigned Parking
Home Design
- Concrete Roof
Interior Spaces
- 2,792 Sq Ft Home
- Wet Bar
- Built-In Features
- Entrance Foyer
- Family Room
- Formal Dining Room
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
- Laundry Tub
Home Security
Utilities
- Central Heating and Cooling System
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 06434732230021602
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, sewer, security, trash, water
- 169 Units
- Addison Subdivision
- 16-Story Property
Amenities
- Game Room
- Billiard Room
- Community Library
- Bike Room
- Community Storage Space
Recreation
- Community Spa
Security
- Gated with Attendant
- Resident Manager or Management On Site
- Impact Glass
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2025
Closed on
Apr 18, 2025
Sold by
Shapiro Marilyn
Bought by
Shuman Michael
Seller's Agent
Mark Howard Hansen
Coldwell Banker
Buyer's Agent
Mark Howard Hansen
Coldwell Banker
List Price
$3,600,000
Sold Price
$2,900,000
Premium/Discount to List
-$700,000
-19.44%
Total Days on Market
64
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.84%
Purchase Details
Closed on
Aug 8, 2002
Sold by
Nicholson Raymond J
Bought by
Shapiro Marilyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.84%
Similar Homes in Boca Raton, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,900,000 | Patch Reef Title | |
| Warranty Deed | $2,900,000 | Patch Reef Title | |
| Warranty Deed | $1,060,000 | Patch Reef Title Company Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $387,000 | New Conventional | |
| Previous Owner | $400,000 | Stand Alone First | |
| Previous Owner | $800,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $2,900,000 | -15.9% | $1,039 / Sq Ft |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 03/17/2025 03/17/25 | Price Changed | $3,450,000 | -4.2% | $1,236 / Sq Ft |
| 02/10/2025 02/10/25 | For Sale | $3,600,000 | -- | $1,289 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $17,408 | $1,048,574 | -- | -- |
| 2023 | $17,031 | $1,018,033 | $0 | $0 |
| 2022 | $16,896 | $988,382 | $0 | $0 |
| 2021 | $16,837 | $959,594 | $0 | $0 |
| 2020 | $16,602 | $946,345 | $0 | $0 |
| 2019 | $16,684 | $925,068 | $0 | $0 |
| 2018 | $15,628 | $907,819 | $0 | $0 |
| 2017 | $15,536 | $889,147 | $0 | $0 |
| 2016 | $15,584 | $870,859 | $0 | $0 |
| 2015 | $16,002 | $864,805 | $0 | $0 |
| 2014 | $16,065 | $857,941 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Howard Hansen
M
Seller's Agent in 2025
Mark Howard Hansen
Coldwell Banker
(561) 213-2616
53 Total Sales
About The Addison
Map
Source: BeachesMLS
MLS Number: R11061063
APN: 06-43-47-32-23-002-1602
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