Property detail

Location Address 1500 S OCEAN BLVD 203
Municipality BOCA RATON
Parcel Control Number 06-43-47-32-23-002-0203
Subdivision ADDISON ON THE OCEAN IN BOCA RATON COND DECL FILED 11-8-85 IN OR4704P420
Official Records Book/Page 34109 / 1247
Sale Date 01/24/2023
Legal Description ADDISON ON THE OCEAN IN BOCA RATON COND UNIT S-203

Owner INFORMATION

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Owner(s) Mailing Address
MARKARIAN LYNNE &
MARKARIAN VARK JR
1500 S OCEAN BLVD APT S203
BOCA RATON FL 33432 8269

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
01/24/2023 $2,100,000 34109 / 01247 WARRANTY DEED MARKARIAN LYNNE &
12/22/2015 $1,125,000 28011 / 01617 WARRANTY DEED REID CHARLES &
09/03/2013 $575,000 26317 / 00552 REP DEED NESBITT DREW &
08/08/2007 $1,025,000 22111 / 00818 WARRANTY DEED ABELOFF LESTER
11/01/1999 $495,000 11441 / 00200 WARRANTY DEED RAD EMIL &
12/01/1993 $100 08264 / 01154 QUIT CLAIM
12/01/1993 $100 08264 / 01152 QUIT CLAIM
12/01/1993 $100 08264 / 01151 QUIT CLAIM
08/01/1986 $320,000 05003 / 00526 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* 2156
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 2156
Year Built 1986
No of Bedroom(s) 2
No of Bath(s) 2
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 $1,620,000 $1,781,250 $1,700,000 $1,193,250 $995,000
Land Value $0 $0 $0 $0 $0
Total Market Value $1,620,000 $1,781,250 $1,700,000 $1,193,250 $995,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $1,620,000 $1,781,250 $1,700,000 $1,193,250 $995,000 $960,000 $960,000 $1,010,000 $940,000 $835,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $1,620,000 $1,781,250 $1,700,000 $1,193,250 $995,000 $960,000 $960,000 $1,010,000 $940,000 $835,000

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 $1,620,000 $1,781,250 $882,728 $857,017 $832,055
Exemption Amount $0 $0 $50,000 $50,000 $50,000
Taxable Value $1,620,000 $1,781,250 $832,728 $807,017 $782,055
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $1,620,000 $1,781,250 $882,728 $857,017 $832,055 $820,567 $802,118 $787,162 $770,972 $755,115
Exemption Amount $0 $0 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $1,620,000 $1,781,250 $832,728 $807,017 $782,055 $770,567 $752,118 $737,162 $720,972 $705,115

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $27,548 $30,304 $14,451 $14,334 $14,293
NON AD VALOREM $271 $262 $258 $255 $241
TOTAL TAX $27,819 $30,566 $14,709 $14,589 $14,534
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $27,548 $30,304 $14,451 $14,334 $14,293 $14,090 $13,945 $13,253 $13,180 $13,238
NON AD VALOREM $271 $262 $258 $255 $241 $240 $242 $233 $223 $202
TOTAL TAX $27,819 $30,566 $14,709 $14,589 $14,534 $14,330 $14,187 $13,486 $13,403 $13,440

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.