NOT LISTED FOR SALE

The Addison 1500 S Ocean Blvd Unit 404 Boca Raton, FL 33432

Estimated Value: $2,072,135 - $2,215,000

2 Beds
2.5 Baths
2,156 Sq Ft
$1,924/mo HOA Fee

Last Sold June 16, 2016

Last sale price $1,301,000 $603 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $15,737/month

161 Days on Market

Highlights

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

About This Home

As of June 2016

STUNNING DIRECT OCEANFRONT MOST SPACIOUS ADDISON RESIDENCE. BEAUTIFULLY UPDATED WITH WHITE ITALIAN PORCELAIN FLOORS, WHITE GOURMET KITCHEN WITH NEW APPLIANCES AND CUSTOM DETAILS THROUGHOUT. OCEANFRONT KITCHEN WITH GRANITE COUNTERS AND OPEN PASS-THROUGH TO GREAT ROOM. BUILT-IN CABINETS AND BOOKSHELVES IN GREAT ROOM THAT FLOWS OUT TO OCEANFRONT BALCONY. SPACIOUS MASTER SUITE WITH SITTING AREA/OFFICE, DRESSING ROOM AND MARBLE BATH WITH TUB AND SHOWER. SPACIOUS SECOND BEDROOM SUITE WITH LARGE BATH AND DRESSING ROOM. LIGHT AND BRIGHT THROUGHOUT. TWO UNITS PER ELEVATOR LOBBY, VERY PRIVATE. FULL SERVICE BUILDING WITH VALET, CONCIERGE, FITNESS CENTER, SPA, 2 POOLS, POOL BAR, BEACH SERVICE, RESIDENTS ONLY CAFE AND BAR. THE ADDISON IS THE FINEST RESORT STYLE LIVING WITH WIDE SANDY BEACHES.

Last Agent to Sell the Property

Scot Karp

Premier Estate Properties Inc License #408963 Listed on: 12/07/2015

Last Buyer's Agent

Shawn Elliott

Nest Seekers Florida, LLC License #3248334

Nest Seekers Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,168

Year Built

  • Built in 1986

Lot Details

  • Ocean Front

HOA Fees

  • $1,924 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 2,156 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Closed Circuit Camera

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Water Purifier
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434732230020404

Community Details

Overview

  • Association fees include management, cable TV, insurance, legal/accounting, ground maintenance, pool(s), reserve fund, sewer, trash, water
  • 169 Units
  • High-Rise Condominium
  • Addison Subdivision, 2 Bedroom Ocean Fron Floorplan
  • 16-Story Property

Amenities

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

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,168

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,924 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A SOUTH OF CAMINO REAL ON THE OCEAN
  • Year Built: 1986
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Entrance Foyer, Garden Tub/Roman Tub, Kitchen/Dining Combo, Custom Mirrors, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Water Purifier, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 2156.0
  • Dining Room Type: Storage Room
  • Stories: 16
  • Window Features: Blinds, Impact Glass, Sliding

Exterior Features

  • View: Ocean
  • Pool Features: None, Association, Community
  • 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: Washer Hookup, Dryer Hookup
  • Security: Closed Circuit Camera(s), Door Man, Gated with Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 1924.0
  • Community Features: Game Room, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Cabana, Clubhouse, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Pool(s), Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 06434732230020404
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 12168.0

Multi Family

  • Number Of Units In Community: 169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2015
Closed on
Jun 16, 2016
Sold by
Rettig Joshua and Rettig Linda
Bought by
Halpern Robert L
Seller's Agent
Scot Karp
Premier Estate Properties Inc
Buyer's Agent
Shawn Elliott
Nest Seekers Florida, LLC
List Price
$1,450,000
Sold Price
$1,301,000
Premium/Discount to List
-$149,000
-10.28%
Current Estimated Value
$2,149,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$848,045
Avg. Annual Appreciation
4.91%
Original Mortgage
$925,250
Outstanding Balance
$747,233
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$1,273,347

Purchase Details

Listed on
Dec 19, 2012
Closed on
May 30, 2014
Sold by
Saddle Ridge #10 Llc
Bought by
Rettig Joshua and Retig Linda
Seller's Agent
Marta DuPree
The Keyes Company
Buyer's Agent
Iris Cohen
Lang Realty/Delray Beach
List Price
$875,000
Sold Price
$750,000
Premium/Discount to List
-$125,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.83%

Purchase Details

Closed on
Aug 12, 2009
Sold by
Sullivan John L
Bought by
Saddle Ridge #10 Llc

Purchase Details

Closed on
Oct 12, 2005
Sold by
Sullivan Joseph R and Sullivan Dorothea
Bought by
Sullivan Joseph P and Sullivan John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 16, 2003
Sold by
Sullivan Joseph R and Sullivan Dorothea
Bought by
Sullivan Joseph R and Sullivan Dorothea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2002
Sold by
Coniglio Andrew S
Bought by
Sullivan Joseph R and Sullivan Dorothea

Purchase Details

Closed on
Dec 22, 2000
Sold by
Lite Sabin
Bought by
Coniglio Andrew S
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
Halpern Robert L $1,301,000 None Available
Rettig Joshua $750,000 Attorney
Saddle Ridge #10 Llc -- Attorney
Saddle Ridge #10 Llc $750,000 Attorney
Sullivan Joseph P $686,600 Universal Land Title Inc
Sullivan Joseph R -- --
Sullivan Joseph R $510,000 Capstone Title Partners Llc
Coniglio Andrew S $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halpern Robert L $925,250
Previous Owner Rettig Joshua $250,000
Previous Owner Sullivan Joseph P $540,000
Previous Owner Sullivan Joseph R $192,500
Previous Owner Sullivan Joseph R $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $1,301,000 -10.3% $603 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
12/07/2015 12/07/15 For Sale $1,450,000 +93.3% $673 / Sq Ft
05/30/2014 05/30/14 Sold $750,000 -14.3% $348 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
12/19/2012 12/19/12 For Sale $875,000 -- $406 / 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 $25,245 $1,364,275 -- --
2023 $24,703 $1,240,250 $0 $0
2022 $20,700 $1,127,500 $0 $0
2021 $18,749 $1,025,000 $0 $1,025,000
2020 $18,118 $990,000 $0 $990,000
2019 $18,641 $990,000 $0 $990,000
2018 $18,699 $1,040,000 $0 $1,040,000
2017 $17,728 $970,000 $0 $0
2016 $11,857 $669,655 $0 $0
2015 $12,168 $665,000 $0 $0
2014 $10,672 $540,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Scot Karp

    Premier Estate Properties Inc

    (561) 394-7700

    148 Total Sales

    Scot Karp
    Section Image
  • Shawn Elliott

    Buyer's Agent in 2016

    Shawn Elliott

    Nest Seekers Florida, LLC

    (516) 695-6349

    45 Total Sales

    Shawn Elliott
    Section Image

  • M

    Seller's Agent in 2014

    Marta DuPree

    The Keyes Company

  • Iris Cohen

    Buyer's Agent in 2014

    Iris Cohen

    Lang Realty/Delray Beach

    (561) 702-3755

    31 Total Sales

    Iris Cohen
    Section Image
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About The Addison

Map

Source: BeachesMLS

MLS Number: R10190016

BeachesMLS

APN: 06-43-47-32-23-002-0404

Florida Palm Beach County Boca Raton 33432

1500 S Ocean Blvd Unit 404, Boca Raton, FL

This home is located at 1500 S Ocean Blvd Unit 404, Boca Raton, FL 33432 since 07 December 2015 and is currently estimated at $2,149,045, approximately $996 per square foot. This property was built in 1986. 1500 S Ocean Blvd Unit 404 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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