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
Exemption Information
No Exemption Information Available.
Property Information
Number of Units : 1
*Total Square Feet : 3117
Acres :
Property Use Code : 0400—CONDOMINIUM
Zoning : R-5-A—RESIDENTIAL (MEDIUM) (06-BOCA RATON)
Building Details

Structural Details

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
Subarea and Square Footage for Building 1
Code Description square Footage
No data found
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
No Extra Feature Available

Property Land Details

Land Line # Description Zoning Acres
No Land Details Available
Appraisals
Tax Year 2025 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
Assessed and Taxable Values
Tax Year 2025 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
Taxes
Tax Year 2025 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
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov