$4,850,000
1500 S Ocean Boulevard 1505
Boca Raton, FL 33432
Explore the area: Boca Raton homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $4,850,000
- Price per sq ft
- $1,737
- Original price
- Unchanged
- Days on market
- 99
This 3-bedroom condo in Addison is listed at $4,850,000, or $1,737 per square foot. It has been on the market for 99 days.
Estimated monthly payment
$25,489 /mo
Principal and interest only, based on $970,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $4,392/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $4,850,000
- Days on Site
- 99 Days
- Bedrooms
- 3
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Living Area
- 2,792 sqft
- Total Sq Ft
- 2,792 sqft
- Year Built
- 1986
- Property Type
- Condo
- MLS #
- B26044146
- Property Tax
- $34,255 (2025)
- HOA Fees
- $4,392 / Monthly
- Subdivision
- Addison
- Development
- Addison On The Ocean
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1986
- Property Condition
- Resale
- Number of Stories
- 16
- Levels
- One
- Garage Spaces
- 2
- Parking
- Assigned / Carport / Detached Carport / Detached / Garage / Guest / Valet
- Direction Faces
- East
- Lot Size (Acres)
- 0
- Living Sq Ft
- 2,792
- Total Sq Ft
- 2,792
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- Residential
Interior Features
- Appliances
- Dryer / Dishwasher / Freezer / Disposal / Microwave / Oven / Refrigerator / Wine Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile / Marble / Wood
- Spa
- Yes
- Spa Features
- Heated / In Ground
- Interior 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 Closets
- Laundry
- Inside / Laundry Room / Washer Dryer Install Allowed
- Windows
- Storm Windows
- Main Level Bedrooms
- 3
- Main Level Baths
- 4
- Furnished
- Negotiable
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association / Heated
- Patio & Porch
- Covered / Balcony
- Waterfront
- Yes
- Waterfront Features
- Ocean Front / Shoreline Sand
- View
- City / Ocean / Water
Community & HOA
- HOA Fee
- $4,392 / Monthly
- HOA Name
- The Addison On The Ocean
- HOA Includes
- Common Areas / Cable Tv / Insurance / Maintenance Grounds / Pest Control / Pools / Recreation Facilities / Security / Trash / Water
- Association Amenities
- Billiard Room / Bike Storage / Business Center / Clubhouse / Elevators / Fitness Center / Gated / Library / Management / Picnic Area / Pool / Parking / Recreation Facilities / Restaurant / Sauna / Spa Hot Tub / Security / Storage / Sidewalks / Trash
- Community Features
- Gated / Property Manager On Site
- Security
- Security System / Building Security / Closed Circuit Cameras / Fire Alarm / Fire Sprinkler System / Security Gate / Gated With Guard / Gated Community / Smoke Detectors / Security Guard
- Utilities
- Cable Available / Electricity Available / Water Available
- Pets Allowed
- Breed Restrictions / Number Limit / Size Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / Ok To Lease
- MLS Area
- 4170
This home's HOA fee works out to $4,392 a month, in line with the $4,392 median across 11 homes for sale in Addison. See Addison HOA fees
Schools
- Elementary School
- Boca Raton
- Middle School
- Boca Raton Community
- High School
- Boca Raton
About the Community
Addison is a luxury gated, waterfront, luxury community in Boca Raton, Palm Beach County, Florida. Properties are priced from $2,300,000 to $6,000,000. Pure Equity lists homes in Addison and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 11
- Under Contract
- 0
- Median List Price
- $3,599,000
- Median $/Sq Ft
- $1,276
- Avg Days on Market
- 186
Frequently Asked Questions
- How do I schedule a tour of 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432?
- Use the Tour button on this listing to request a showing of 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432 still available?
- 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432 is currently listed as Active, and has been on the market 99 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432?
- With 20% down ($970,000) on the $4,850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432 is about $25,489/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432 have an HOA fee?
- Yes: 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432 carries an HOA fee of about $4,392 monthly (The Addison On The Ocean). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432?
- 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432 is zoned for Boca Raton (elementary), Boca Raton Community (middle), Boca Raton (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432?
- Often, yes. The right offer on 1500 S Ocean Boulevard 1505, Boca Raton, FL 33432 depends on how it's priced against comparable condo sales in Boca Raton, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$4,850,000
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Listed by Senada Adzem PA, Douglas Elliman
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Recent Sales
Recently sold homes in Addison
These are the last 2 recorded closings in Addison, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,719 per square foot. The most recent closed on August 17, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$4,800,000
Sold · August 17, 2026
1500 S Ocean Boulevard 1602
3 bed · 3.5 bath · 2,792 sqft · $1,719/sqft
$700,000 under the asking price
Sold$3,500,000
Sold · February 26, 2026
1400 S Ocean Boulevard 605
3 bed · 3 bath · 2,792 sqft · $1,254/sqft
$250,000 under the asking price
See every recorded sale in Addison or find out what your Addison home is worth.
