Property detail

Location Address 1500 S OCEAN BLVD 1501
Municipality BOCA RATON
Parcel Control Number 06-43-47-32-23-002-1501
Subdivision ADDISON ON THE OCEAN IN BOCA RATON COND DECL FILED 11-8-85 IN OR4704P420
Official Records Book/Page 35026 / 1798
Sale Date 05/10/2024
Legal Description ADDISON ON THE OCEAN IN BOCA RATON COND UNIT S-1501

Owner INFORMATION

+ -
Owner(s) Mailing Address
FORMAN ALLISON H
FORMAN DAVID A &
1500 S OCEAN BLVD APT 1501
BOCA RATON FL 33432 8025

Sales INFORMATION

+ -
Sales Date Price OR Book/Page Sale Type Owner
05/10/2024 $3,350,000 35026 / 01798 WARRANTY DEED FORMAN DAVID A &
04/13/2015 $10 27547 / 00148 WARRANTY DEED GRUEN ALFRED J
02/12/2004 $10 16647 / 01963 WARRANTY DEED GRUEN ALFRED J
01/14/2002 $1,175,000 13340 / 01074 WARRANTY DEED GRUEN ALFRED J
11/30/2001 $10 13210 / 01710 DEED OF TRUST HOPE COLLEGE
08/01/1997 $100 10023 / 01511 QUIT CLAIM COOK PETER C TR
09/01/1986 $726,000 05028 / 01347 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

+ -

No Exemption Information Available.

Property INFORMATION

+ -

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage

No Data Found.


Number of Units 1
Total Square Feet* 3117
Acres
Property Use Code 0400—CONDOMINIUM
Zoning R-5-A—RESIDENTIAL (MEDIUM) (06-BOCA RATON)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Name ADDISON ON THE OCEAN IN BOCA RATON CONDO
Area 3117
Year Built 1986
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

+ -
Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $2,835,000 $3,112,000 $3,275,000 $2,475,300 $1,755,000
Land Value $0 $0 $0 $0 $0
Total Market Value $2,835,000 $3,112,000 $3,275,000 $2,475,300 $1,755,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $2,835,000 $3,112,000 $3,275,000 $2,475,300 $1,755,000 $1,685,000 $1,685,000 $1,665,000 $1,710,000 $1,680,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $2,835,000 $3,112,000 $3,275,000 $2,475,300 $1,755,000 $1,685,000 $1,685,000 $1,665,000 $1,710,000 $1,680,000

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

+ -
Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $2,835,000 $3,112,000 $3,275,000 $1,342,704 $1,303,596
Exemption Amount $0 $0 $0 $50,000 $50,000
Taxable Value $2,835,000 $3,112,000 $3,275,000 $1,292,704 $1,253,596
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $2,835,000 $3,112,000 $3,275,000 $1,342,704 $1,303,596 $1,285,598 $1,256,694 $1,233,262 $1,207,896 $1,183,052
Exemption Amount $0 $0 $0 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $2,835,000 $3,112,000 $3,275,000 $1,292,704 $1,253,596 $1,235,598 $1,206,694 $1,183,262 $1,157,896 $1,133,052

Taxes

+ -
Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $48,208 $52,944 $56,199 $22,863 $22,808
NON AD VALOREM $271 $262 $258 $255 $241
TOTAL TAX $48,479 $53,206 $56,457 $23,118 $23,049
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $48,208 $52,944 $56,199 $22,863 $22,808 $22,488 $22,265 $21,174 $21,065 $21,164
NON AD VALOREM $271 $262 $258 $255 $241 $240 $242 $233 $223 $202
TOTAL TAX $48,479 $53,206 $56,457 $23,118 $23,049 $22,728 $22,507 $21,407 $21,288 $21,366

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.