$5,499,000
1500 S Ocean Boulevard 1603/04
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
- $5,499,000
- Price per sq ft
- $1,275
- Original price
- $6,999,000
- Days on market
- 404
This 4-bedroom condo in Addison is listed at $5,499,000, or $1,275 per square foot. The asking price has come down 21.4% from its original $6,999,000. It has been on the market for 404 days.
Estimated monthly payment
$28,900 /mo
Principal and interest only, based on $1,099,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $8,157/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $5,499,000
- Days on Site
- 404 Days
- Bedrooms
- 4
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 4,312 sqft
- Total Sq Ft
- 4,900 sqft
- Year Built
- 1986
- Property Type
- Condo
- MLS #
- R11121059
- Property Tax
- $31,154 (2025)
- HOA Fees
- $8,157 / Monthly
- Subdivision
- Addison
- Development
- Addison
- County
- Palm Beach
- Status
- Active
About This Property
S-1603/04 is an oceanfront, double penthouse offering a lifestyle defined by sophistication, luxury and a connection to the sea. From the moment you step inside, the panoramic ocean views take center stage. Floor-to-ceiling glass invite natural light to fill the interior, while expansive balconies create seamless indoor-outdoor living. Whether enjoying morning coffee as the sun rises over the Atlantic or hosting sunset gatherings with friends, every moment is framed by the beauty of the shoreline. Renovated by renowned designer Louis Schuster, the spacious open-concept residence boasts over 4,300 living sq ft, anchored by a beautiful kitchen with premium appliances, elegant living and dining areas and multiple spaces for relaxation or entertaining. The primary suite is a private retreat, complete with a spa-inspired bathroom, oversized closets and a private balcony with endless ocean vistas. Three additional suites offer space for family and guests; each with a gorgeous ensuite bath. A bonus room/ flex space is perfect for a fitness room or office. The interior features continue with nine-foot ceilings, custom wood details, electric window shades, designer lighting and impact glass throughout. Beyond the residence's interior, S-1603/04 comes with a private oceanfront cabana, offering convenience and privacy just steps to the sand; as well as two private penthouse parking spaces. Perfectly situated on the shores of Boca Raton, S-1603/04 is just minutes from 5-star dining, upscale shopping, championship golf, and vibrant cultural experiences yet feels worlds away, with the ocean as your backdrop. Wake each morning to the sound of waves and endless shades of blue stretching beyond your windows. Here, every day feels like a vacation, and every window offers a reminder of why oceanfront living is truly extraordinary. The Addison On The Ocean is an exclusive oceanfront condominium on the sparkling shore of Boca Raton, Florida. This opulent condominium offers resort-style living for just 169 luxurious residences. Each residence features immense square footage and panoramic vistas of the turquoise Atlantic ocean. The Addison On The Ocean welcomes you with dramatic porte-cochere entries with stunning water features, designer landscaping and premier valet service. Upon entering the lobby, you are greeted by stunning interior design elements and a backdrop of the glistening ocean. This concierge building features all the lavish amenities one would expect in a 5-star resort. Few condominiums offer dining, The Addison On The Ocean offers dining in the completely renovated restaurant as well as, Al Fresco options on the pool deck, gazebo or while lounging on the ocean. Residents may also gather and entertain in the fully renovated social room. The impeccable food service includes breakfast, lunch, take-out dinners and private event catering. The Addison On The Ocean embodies the essence of first class living, including on-site management, 24-hour maintenance and in-house concierge. The stress-free lifestyle is enriched by conveniences that may be arranged by the concierge; including housekeeping, automobile care and transportation services. The 24-hour security team utilizes state of the art communication, while the grounds are monitored with vast video surveillance coverage. BuildingLink technology enables residents, management and staff to interact in real time. The innovations continue with newly installed electric vehicle charging stations. Health and self-care are of the utmost importance and The Addison On The Ocean embraces a healthy lifestyle with fully renovated wellness areas, including five fitness centers, saunas, steam rooms and massage services. There are an array of recreational facilities including a dog park, aquatic therapy, water aerobics, basketball, volleyball, kayaks, bicycles, paddle boards, ping-pong, billiards, arcade games, a library/business center and a gorgeous social hall. This one-of-a-kind property continues to impress with its luxurious outdoor spaces. These spaces include two completely renovated pools, all new decking, a fabulous al fresco liquor lounge, custom fire-pits and waterfall features. The Addison On The Ocean is appointed with only the finest trimmings and ultra-luxury amenities, it is Boca Raton's most exclusive oceanfront address. Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1986
- Property Condition
- Resale
- Number of Stories
- 16
- Garage Spaces
- 2
- Parking
- Assigned / Garage
- Direction Faces
- West
- Lot Size (Acres)
- 0
- Living Sq Ft
- 4,312
- Total Sq Ft
- 4,900
- Structure Type
- Multi Family
- Water Source
- Public
- Zoning
- res
Interior Features
- Appliances
- Dryer / Dishwasher / Free Standing Freezer / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Carpet
- Interior Features
- Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Eat In Kitchen / Living Dining Room / Storage / Separate Shower / Walk In Closets
- Laundry
- Inside / Laundry Closet
- Windows
- Storm Windows
- Main Level Bedrooms
- 4
- Main Level Baths
- 4
- Total Rooms
- 9
Exterior Features
- Construction
- Concrete
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Colonial
- Pool Features
- Association
- Patio & Porch
- Covered / Balcony
- Waterfront
- Yes
- Waterfront Features
- Ocean Front / Shoreline Sand
- View
- City / Ocean
Community & HOA
- HOA Fee
- $8,157 / Monthly
- HOA Includes
- Common Areas / Insurance / Maintenance Grounds / Maintenance Structure / Pest Control / Recreation Facilities / Security / Trash
- Association Amenities
- Bike Storage / Clubhouse / Dog Park / Fitness Center / Management / Picnic Area / Pool / Parking / Recreation Facilities / Restaurant / Sauna / Spa Hot Tub / Storage / Sidewalks / Trash / Elevators
- Community Features
- Gated / Property Manager On Site / Street Lights / Sidewalks
- Security
- Security System / Closed Circuit Cameras / Fire Sprinkler System / Gated With Guard / Gated Community / Lobby Secured / Security Guard
- Utilities
- Water Available
- Pets Allowed
- Breed Restrictions / Number Limit / Pet Restrictions / Size Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 4170
This home's HOA fee works out to $8,157 a month, 86% above 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
- 187
Frequently Asked Questions
- How do I schedule a tour of 1500 S Ocean Boulevard 1603/04, Boca Raton, FL 33432?
- Use the Tour button on this listing to request a showing of 1500 S Ocean Boulevard 1603/04, 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 1603/04, Boca Raton, FL 33432 still available?
- 1500 S Ocean Boulevard 1603/04, Boca Raton, FL 33432 is currently listed as Active, and has been on the market 404 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 1603/04, Boca Raton, FL 33432?
- With 20% down ($1,099,800) on the $5,499,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1500 S Ocean Boulevard 1603/04, Boca Raton, FL 33432 is about $28,900/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 1603/04, 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 1603/04, 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 1603/04, Boca Raton, FL 33432 have an HOA fee?
- Yes: 1500 S Ocean Boulevard 1603/04, Boca Raton, FL 33432 carries an HOA fee of about $8,157 monthly. 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 1603/04, Boca Raton, FL 33432?
- 1500 S Ocean Boulevard 1603/04, 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 1603/04, Boca Raton, FL 33432?
- Often, yes. The right offer on 1500 S Ocean Boulevard 1603/04, 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 Coldwell Banker
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.
$5,499,000
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Listed by Mark Howard Hansen, Coldwell Banker
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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.
