Welcome to Residence 1505-S at Addison on the Ocean, one of Boca Raton's most prestigious oceanfront addresses. This exceptional lower penthouse residence encompasses 2,792 square feet of meticulously redesigned living space and underwent an extensive designer renovation in 2023, blending timeless elegance with modern sophistication while showcasing breathtaking direct East Ocean views and spectacular sunset vistas from its western terraces. Spanning a desirable flow-through floor plan, this impeccably appointed residence offers three spacious bedrooms, each with its own en-suite bathroom, plus a beautifully redesigned powder room. Arrive via a semi-private elevator foyer, where a custom handmade medallion immediately sets the tone for the exceptional craftsmanship and attention to detail found throughout the home. Designed by Clive Daniel Home, the interiors feature new flooring throughout, dramatic wraparound ceiling lighting in the living room, dining room, and kitchen, and thoughtfully curated finishes that create a refined yet comfortable coastal ambiance. Crafted for the discerning chef, the gourmet kitchen pairs striking Cambria Quartz countertops with an exceptional suite of Wolf appliances, a Sub-Zero refrigerator and freezer, and a built-in Miele coffee system, creating a refined space where form and function coexist effortlessly. Floor-to-ceiling glass frames unobstructed ocean views, filling the residence with natural light and seamlessly connecting indoor and outdoor living spaces. The expansive eastern terrace provides the perfect setting to enjoy sunrise views over the Atlantic, while western balconies offer stunning sunset panoramas over the city skyline and Intracoastal. Residents of Addison on the Ocean enjoy an unmatched resort-style lifestyle with full-service beach and pool attendants, two heated oceanfront swimming pools, an oceanfront restaurant and bar, on-site café, state-of-the-art fitness center, residents' lounge and game room, and exceptional white-glove service. The community is further enhanced by a manned gated entrance, 24-hour security, and two dedicated garage parking spaces. Positioned along Boca Raton's coveted coastline, Residence 1505-S represents a rare opportunity to own a fully renovated, move-in-ready lower penthouse in one of South Florida's most exclusive beachfront communities.
For sale
$4,850,000
1500 S Ocean Boulevard #1505, Boca Raton, FL 33432
3beds
2,792sqft
Condominium
Built in 1986
-- sqft lot
$3,161,500 Zestimate®
$1,737/sqft
$4,392/mo HOA
What's special
Cambria quartz countertopsSemi-private elevator foyerCustom handmade medallionFlow-through floor planSuite of wolf appliancesGourmet kitchenNew flooring throughout
- 4 days |
- 138 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Senada Adzem PA 917-913-6680,
Douglas Elliman,
Anthony M Siconolfi 631-358-3799,
Douglas Elliman
Source: BeachesMLS,MLS#: B26044146
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 4
- Main level bedrooms: 3
Primary bedroom
- Level: First
- Area: 216
- Dimensions: 12 X 18
Bedroom 2
- Area: 192
- Dimensions: 12 X 16
Kitchen
- Level: First
- Area: 270
- Dimensions: 15 X 18
Living room
- Level: First
- Area: 468
- Dimensions: 18 X 26
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Freezer, Disposal, Microwave, Oven, Refrigerator, Wine Refrigerator, Washer
- Laundry: Inside, Laundry Room, Washer Dryer Install Allowed
Features
- Breakfast Bar, Built-in Features, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Kitchen Island, Living/Dining Room, Storage, Soaking Tub, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
- Flooring: Ceramic Tile, Marble, Wood
- Windows: Storm Window(s)
- Has fireplace: No
Interior area
- Total structure area: 2,792
- Total interior livable area: 2,792 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Carport, Detached Carport, Detached, Garage, Guest, Valet
- Garage spaces: 2
- Has carport: Yes
- Details: CarportSpaces:0.00
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Balcony
- Exterior features: Balcony, Outdoor Living Area
- Pool features: Association, Heated
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: City, Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Ocean Front, Shoreline - Sand
Details
- Parcel number: 06434732230021505
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Water Available
Community & HOA
Community
- Features: Gated, Property Manager On-Site
- Security: Security System, Building Security, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Security Gate, Gated with Guard, Gated Community, Smoke Detector(s), Security Guard
- Subdivision: Addison
HOA
- Has HOA: Yes
- Amenities included: Billiard Room, Bike Storage, Business Center, Clubhouse, Elevator(s), Fitness Center, Gated, Library, Management, Picnic Area, Pool, Parking, Recreation Facilities, Restaurant, Sauna, Spa/Hot Tub, Security, Storage, Sidewalks, Trash
- Services included: Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Security, Trash, Water
- HOA fee: $4,392 monthly
- HOA name: The Addison On The Ocean
- HOA phone: 561-395-3848
Location
- Region: Boca Raton
Financial & listing details
- Price per square foot: $1,737/sqft
- Tax assessed value: $2,040,000
- Annual tax amount: $34,255
- Date on market: 6/22/2026
- Cumulative days on market: 4 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$3,161,500
$2.75M - $3.64M
$7,698/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Listed for sale | $4,850,000+70.2%$1,737/sqft |
Source:  BeachesMLS #B26044146 Report a problem | ||
| 3/1/2022 | Sold | $2,850,000-3.4%$1,021/sqft |
Source: BeachesMLS #R10754401 Report a problem | ||
| 2/8/2022 | Pending sale | $2,950,000$1,057/sqft |
Source: BeachesMLS #RX-10754401 Report a problem | ||
| 1/18/2022 | Contingent | $2,950,000$1,057/sqft |
Source: BeachesMLS #RX-10754401 Report a problem | ||
| 10/25/2021 | Listed for sale | $2,950,000+490%$1,057/sqft |
Source: BeachesMLS #RX-10754401 Report a problem | ||
| 7/18/1997 | Sold | $500,000$179/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $34,255 -9.1% | $2,040,000 -8.9% |
| 2024 | $37,677 -5.9% | $2,240,000 -5% |
| 2023 | $40,024 +56.9% | $2,358,000 +70.1% |
| 2022 | $25,507 +10.9% | $1,386,000 +10% |
| 2021 | $22,992 0% | $1,260,000 |
| 2020 | $22,993 +96.7% | $1,260,000 +89.3% |
| 2019 | $11,690 | $665,673 +1.9% |
| 2018 | $11,690 +5.2% | $653,261 +2.1% |
| 2017 | $11,108 +0.7% | $639,825 +2.1% |
| 2016 | $11,037 -0.2% | $626,665 +0.7% |
| 2015 | $11,060 -2.9% | $622,309 +0.8% |
| 2014 | $11,393 +1.2% | $617,370 +1.5% |
| 2013 | $11,254 +0.2% | $608,246 +1.7% |
| 2012 | $11,233 +2% | $598,079 +3% |
| 2011 | $11,015 +1.5% | $580,659 +1.5% |
| 2010 | $10,852 +7.4% | $572,078 +2.7% |
| 2009 | $10,103 +9.6% | $557,038 +0.1% |
| 2008 | $9,215 +0.5% | $556,482 +3% |
| 2007 | $9,170 -5.6% | $540,274 +2.5% |
| 2006 | $9,713 | $527,097 +3% |
| 2005 | -- | $511,745 +3% |
| 2004 | $5,247 +9800.5% | $496,840 +1.9% |
| 2003 | $53 -99.4% | $487,576 +2.4% |
| 2002 | $9,369 -0.1% | $476,148 +1.6% |
| 2001 | $9,375 +3.5% | $468,650 +3% |
| 2000 | $9,060 -1.4% | $455,000 |
| 1999 | $9,193 | $455,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33432
Nearby schools
GreatSchools rating
- 7/10Boca Raton Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 8/10Boca Raton Community Middle SchoolGrades: 6-8Distance: 3.1 mi
- 6/10Boca Raton Community High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Boca Raton
- Middle: Boca Raton Community
- High: Boca Raton
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Palm Beach County
- Boca Raton
- 33432
- 1500 S Ocean Boulevard Unit 1505
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