NOT LISTED FOR SALE

The Addison 1500 S Ocean Blvd Unit S1103 & S1104 Boca Raton, FL 33432

Estimated Value: $5,681,521 - $7,519,000

4 Beds
4 Baths
4,312 Sq Ft
$4,321/mo HOA Fee

Last Sold March 10, 2020

Last sale price $2,988,000 $693 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $45,860/month

106 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Community Cabanas
  • Boca Raton Community Middle School Rated A-
  • Beach
  • Fitness Center

About This Home

As of March 2020

Double your waterfront residential experience at The Addison in Boca Raton with an original design that combines the best of two luxury high-rise condominiums overlooking the Atlantic Ocean. What were once side-by-side units on the 11th floor of the iconic resort-style building have been transformed into one sprawling vision that encompasses more than 4,200 square feet of living space. The innovative design delivers breathtaking ocean views from spaces throughout the layout, including the kitchen, living room and dining room. The spacious master suite, also with views of the Atlantic, features a morning bar, dressing areas, separate oversized walk-in closets and spacious his and her bathrooms. The double unit includes 4 additional bedrooms, on-suite or adjacent bathrooms, and an expanded

Last Agent to Sell the Property

Senada Adzem

Douglas Elliman License #3186942 Listed on: 10/25/2019

Douglas Elliman

Co-Listed By

Virginia Schulze

Douglas Elliman License #3363540

Last Buyer's Agent

Senada Adzem

Douglas Elliman License #3186942 Listed on: 10/25/2019

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,158

Year Built

  • Built in 1986

Lot Details

  • Ocean Front

HOA Fees

  • $4,321 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 4,312 Sq Ft Home
  • Built-In Features
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Home Security System

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Stacked Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Co-Op Membership Included
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434732230021103

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, security, trash, water
  • 170 Units
  • Addison On The Ocean Subdivision
  • 16-Story Property

Amenities

  • Doorman
  • Community Library
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Beach
  • Shuffleboard Court
  • Community Spa

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,158

Year Built

Built in 1986

Lot Details

0

HOA Fees

$4,321 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Head East on Palmetto Park Road to Ocean Boulevard and make right. Addison will be on your left less than a 1/4 mile.
  • Year Built: 1986
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Entrance Foyer, Eat-in Kitchen, Elevator, Living/Dining Room, Stacked Bedrooms, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Marble
  • Living Area: 4312.0
  • Dining Room Type: Den, Family Room
  • Stories: 16
  • Window Features: Impact Glass, Sliding

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

  • Security: Security System, Door Man, Gated with Guard, Key Card Entry, Security Guard, Fire Sprinkler System
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4321.0
  • Community Features: Beach, Club Membership Available, Fitness Center, Property Manager On-Site, Pool, Sauna, Shuffleboard, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Clubhouse, Fitness Center, Library, Management, Pool, Shuffleboard Court, Sauna, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

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

Lot Info

  • Parcel #: 06434732230021103
  • Lot Size Sq Ft: 495905.0
  • Zoning Description: R5A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 25158.0

Multi Family

  • Number Of Units In Community: 170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Fred B Rothman Trust and Jodi S Rothman Trust
Bought by
Irom Janet
Current Estimated Value
$6,422,630

Purchase Details

Listed on
Oct 25, 2019
Closed on
Mar 24, 2020
Sold by
Asbkl Llc
Bought by
Rothmans Fred B
Seller's Agent
Senada Adzem
Douglas Elliman
Buyer's Agent
Senada Adzem
Douglas Elliman
List Price
$3,950,000
Sold Price
$2,988,000
Premium/Discount to List
-$962,000
-24.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%

Purchase Details

Listed on
Oct 25, 2019
Closed on
Mar 10, 2020
Sold by
Asbkl Llc
Bought by
Rothmans Fred B
Seller's Agent
Senada Adzem
Douglas Elliman
Buyer's Agent
Senada Adzem
Douglas Elliman
List Price
$3,950,000
Sold Price
$2,988,000
Premium/Discount to List
-$962,000
-24.35%

Purchase Details

Listed on
Jan 9, 2019
Closed on
Feb 11, 2019
Sold by
Kukes Patricia S and Garson Brian K
Bought by
Schaefer Eileen Bonnie and The B Bonnie Schaefer Revocabl
Seller's Agent
Bill Yahn
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,650,000
Sold Price
$2,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$2,940,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2019
Closed on
Feb 7, 2019
Sold by
Levow Renee Brody and Denis Alan J
Bought by
Levow Renee Brody and Denis Alan J
Seller's Agent
Bill Yahn
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,650,000
Sold Price
$2,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,940,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1999
Sold by
Constantine L Tr And L Joyce Hamper
Bought by
Brody Martin and Brody Florence
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
Irom Janet $5,750,000 None Listed On Document
Irom Janet $5,750,000 None Listed On Document
Rothmans Fred B $2,988,000 None Available
Rothmans Fred B $2,988,000 None Available
Schaefer Eileen Bonnie $4,491,000 Attorney
Asbi Llc $1,325,000 Attorney
Asbi Llc $1,325,000 Attorney
Levow Renee Brody -- Attorney
Levow Renee Brody -- Attorney
Brody Martin $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaefer Eileen Bonnie $2,940,000
Previous Owner Brody Martin $680,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $2,988,000 -24.4% $693 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
10/25/2019 10/25/19 For Sale $3,950,000 +49.1% $916 / Sq Ft
02/12/2019 02/12/19 Sold $2,650,000 0.0% $615 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $2,650,000 -- $615 / 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 $78,526 $4,646,000 -- --
2023 $83,388 $4,890,000 $0 $4,890,000
2022 $49,407 $2,728,000 $0 $0
2021 $45,022 $2,480,000 $0 $2,480,000
2020 $38,704 $2,130,000 $0 $2,130,000
2019 $39,826 $2,130,000 $0 $2,130,000
2018 $25,158 $1,444,540 $0 $0
2017 $25,023 $1,414,829 $0 $0
2016 $25,121 $1,385,729 $0 $0
2015 $25,810 $1,376,096 $0 $0
2014 $25,916 $1,365,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Senada Adzem

    Douglas Elliman

    (561) 245-2635

    149 Total Sales

    Senada Adzem
    Section Image

  • V

    Seller Co-Listing Agent in 2020

    Virginia Schulze

    Douglas Elliman

    (561) 400-2897

    20 Total Sales

    Virginia Schulze
    Section Image

  • B

    Seller's Agent in 2019

    Bill Yahn

    The Corcoran Group

    (561) 655-9081

    14 Total Sales

    Bill Yahn
    Section Image

  • N

    Buyer's Agent in 2019

    NON MEMBER

    NON MEMBER FIRM

See All Agents

About The Addison

Map

Source: BeachesMLS

MLS Number: R10572792

BeachesMLS

APN: 06-43-47-32-23-002-1103

Florida Palm Beach County Boca Raton 33432

1500 S Ocean Blvd Unit S1103 & S1104, Boca Raton, FL

This home is located at 1500 S Ocean Blvd Unit S1103 & S1104, Boca Raton, FL 33432 since 25 October 2019 and is currently estimated at $6,422,630, approximately $1,489 per square foot. This property was built in 1986. 1500 S Ocean Blvd Unit S1103 & S1104 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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