Property detail

Location Address 1400 S OCEAN BLVD 1405
Municipality BOCA RATON
Parcel Control Number 06-43-47-32-23-001-1405
Subdivision ADDISON ON THE OCEAN IN BOCA RATON COND DECL FILED 11-8-85 IN OR4704P420
Official Records Book/Page 35538 / 1358
Sale Date 01/31/2025
Legal Description ADDISON ON THE OCEAN IN BOCA RATON COND UNIT N-1405

Owner INFORMATION

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Owner(s) Mailing Address
ARTICLE 3 TRUST
MATTHEW A SCHMELZER F/B/O
141 E 72ND ST APT 7
NEW YORK NY 10021 4315

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
01/31/2025 $10 35538 / 01358 DEED OF TRUST ARTICLE 3 TRUST
11/15/2023 $10 34680 / 01934 WARRANTY DEED SCHMELZER FAMILY 2023 TRUST
09/27/2023 $10 34589 / 00762 WARRANTY DEED SCHMELZER LINDA
04/13/2020 $1,640,000 31410 / 01810 WARRANTY DEED SCHMELZER MICHAEL &
01/01/1989 $975,000 05950 / 01527 WARRANTY DEED LARKIN LENORE G
08/01/1986 $592,000 04964 / 01134 WARRANTY DEED

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage

No Data Found.


Number of Units 1
Total Square Feet* 2792
Acres
Property Use Code 0400—CONDOMINIUM
Zoning R-5-A—RESIDENTIAL (MEDIUM) (06-BOCA RATON)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Name ADDISON ON THE OCEAN IN BOCA RATON CONDO
Area 2792
Year Built 1985
No of Bedroom(s) 3
No of Bath(s) 3
No of Half Bath(s) 1
Exterior Wall 1 MSY: CB STUCCO
Air Condition DESC HTG & AC
Heat Type FORCED AIR DUCT
Exterior Wall 2 NONE
Roof Structure PRESTRESSED CONCRETE
Roof Cover MIN. ROOFING (CORR/SH.M)
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

No Extra Feature Available

Property Land Details

No Land Details Available

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $2,270,000 $2,489,000 $2,620,000 $1,975,800 $1,415,000
Land Value $0 $0 $0 $0 $0
Total Market Value $2,270,000 $2,489,000 $2,620,000 $1,975,800 $1,415,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $2,270,000 $2,489,000 $2,620,000 $1,975,800 $1,415,000 $1,315,000 $1,295,000 $1,345,000 $1,325,000 $1,325,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $2,270,000 $2,489,000 $2,620,000 $1,975,800 $1,415,000 $1,315,000 $1,295,000 $1,345,000 $1,325,000 $1,325,000

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $2,071,702 $1,883,365 $1,712,150 $1,556,500 $1,415,000
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $2,071,702 $1,883,365 $1,712,150 $1,556,500 $1,415,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $2,071,702 $1,883,365 $1,712,150 $1,556,500 $1,415,000 $1,315,000 $1,295,000 $816,465 $799,672 $783,224
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $50000 $50000 $50000
Taxable Value $2,071,702 $1,883,365 $1,712,150 $1,556,500 $1,415,000 $1,315,000 $1,295,000 $766,465 $749,672 $733,224

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $36,482 $35,865 $35,242 $30,066 $25,551
NON AD VALOREM $271 $262 $258 $255 $241
TOTAL TAX $36,753 $36,127 $35,500 $30,321 $25,792
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $36,482 $35,865 $35,242 $30,066 $25,551 $23,746 $23,702 $13,773 $13,698 $13,758
NON AD VALOREM $271 $262 $258 $255 $241 $240 $242 $233 $223 $202
TOTAL TAX $36,753 $36,127 $35,500 $30,321 $25,792 $23,986 $23,944 $14,006 $13,921 $13,960

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.