NOT LISTED FOR SALE

The Addison 1500 S Ocean Blvd Unit S-903/4 Boca Raton, FL 33432

Estimated Value: $3,754,000 - $4,652,000

5 Beds
4.5 Baths
4,312 Sq Ft
$3,745/mo HOA Fee

Last Sold April 26, 2013

Last sale price $2,600,000 $603 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $30,438/month

566 Days on Market

Highlights

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

About This Home

As of April 2013

A RARE OPPORTUNITY WITH THIS SPECTACULAR CUSTOM DESIGNED DOUBLE RESIDENCE WITH NEW IMPACT WINDOWS, MAGNIFICENT FINISHES, AN OCEAN FRONT MASTER BEDROOM AND OCEAN TO CITY VIEWS. THIS SPACIOUS 5 BEDROOM ENCOMPASSES 4,500 SQ. FT., MARBLE FLOORING, DETAILED CEILINGS, PRIVATE ELEVATOR, FOYER AND MUCH MORE. FULL SERVICE BUILDING WITH RESTAURANT ON SITE.UNIT IS BEING SOLD FURNISHED. ON AUGUST 1ST, ASKING PRICE WILL ADJUST TO $3,000,000.

Last Agent to Sell the Property

Mark Howard Hansen

Coldwell Banker License #637205 Listed on: 09/07/2011

Coldwell Banker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,227

Year Built

  • Built in 1986

Lot Details

  • Ocean Front

HOA Fees

  • $3,745 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Deeded Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 4,312 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Furnished
  • Bar
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434732230020903

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, pest control, pool(s), reserve fund, security, trash, water
  • 169 Units
  • High-Rise Condominium
  • Addison Subdivision, Custom Double Floorplan
  • 16-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Business Center
  • Community Library
  • Elevator
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,227

Year Built

Built in 1986

Lot Details

0

HOA Fees

$3,745 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: CAMINO REAL EAST TO AIA-TURN RIGHT
  • Year Built: 1986
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Garden Tub/Roman Tub, Custom Mirrors, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Marble
  • Living Area: 4312.0
  • Dining Room Type: Den, Family Room, Storage Room
  • Stories: 16

Exterior Features

  • View: Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Deeded

Utilities

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

Condo/Co-op/Association

  • Association Fee: 3745.0
  • Community Features: Clubhouse, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Cabana, Clubhouse, Library, Management, Pool, Sauna, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Security, Trash, Water

Lot Info

  • Parcel #: 06434732230020903
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 26227.0

Multi Family

  • Number Of Units In Community: 169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2011
Closed on
Apr 26, 2013
Sold by
Perlman Louis and Perlman Wilma
Bought by
Weishoff Steven and Schaefer Marla
Seller's Agent
Mark Howard Hansen
Coldwell Banker
List Price
$2,675,000
Sold Price
$2,600,000
Premium/Discount to List
-$75,000
-2.8%
Current Estimated Value
$4,307,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,707,396
Avg. Annual Appreciation
3.99%
Original Mortgage
$1,920,000
Interest Rate
1.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 1995
Sold by
Shemin Rhoda Z and Shemin Manny
Bought by
Perlman Louis and Perlman Wilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.23%
Source: Public Records

Range of Values:

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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
Weishoff Steven $2,600,000 Attorney
Perlman Louis $1,550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Marla L $1,667,000
Closed Weishoff Steven $1,920,000
Previous Owner Perlman Louis $749,000
Previous Owner Perlman Louis $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $2,600,000 -2.8% $603 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
09/07/2011 09/07/11 For Sale $2,675,000 -- $620 / 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 $38,674 $2,298,543 -- --
2023 $37,855 $2,231,595 $0 $0
2022 $37,586 $2,166,597 $0 $0
2021 $37,493 $2,103,492 $0 $0
2020 $36,973 $2,074,450 $0 $0
2019 $37,177 $2,027,810 $0 $0
2018 $34,843 $1,990,000 $0 $1,990,000
2017 $34,861 $1,960,000 $0 $0
2016 $35,758 $1,960,000 $0 $0
2015 $38,931 $2,060,000 $0 $0
2014 $36,501 $1,870,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Howard Hansen

    Coldwell Banker

    (561) 213-2616

    51 Total Sales

    Mark Howard Hansen
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About The Addison

Map

Source: BeachesMLS

MLS Number: R3223266

BeachesMLS

APN: 06-43-47-32-23-002-0903

Florida Palm Beach County Boca Raton 33432

1500 S Ocean Blvd Unit S-903/4, Boca Raton, FL

This home is located at 1500 S Ocean Blvd Unit S-903/4, Boca Raton, FL 33432 since 07 September 2011 and is currently estimated at $4,307,396, approximately $998 per square foot. This property was built in 1986. 1500 S Ocean Blvd Unit S-903/4 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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