Property Detail
Location Address : 1500 S OCEAN BLVD 1505
Municipality : BOCA RATON
Parcel Control Number : 06-43-47-32-23-002-1505
Subdivision : ADDISON ON THE OCEAN IN BOCA RATON COND DECL FILED 11-8-85 IN OR4704P420
Official Records Book/Page : 34982 / 1042
Sale Date : 04/24/2024
Legal Description : ADDISON ON THE OCEAN IN BOCA RATON COND UNIT S-1505
Owner Information
Owner(s) Mailing Address
KLASSEN KENNETH F
KLASSEN THERESA M &
KLASSEN KENNETH F TR
KLASSEN THERESA M TR
THERESA M KLASSEN ET AL TR TITL HLDRS
1500 S OCEAN BLVD APT 1505S
BOCA RATON FL 33432 8025
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
04/24/2024 $10 34982 / 01042 QUIT CLAIM KLASSEN THERESA M &
02/16/2022 $2,850,000 33353 / 00063 WARRANTY DEED KLASSEN KENNETH F &
07/01/1997 $500,000 09895 / 00133 WARRANTY DEED WASSILIAN VASKEN &
07/01/1987 $100 05372 / 01769 WARRANTY DEED
06/01/1987 $650,000 05308 / 01048 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
KLASSEN KENNETH F & 2025 HOMESTEAD
KLASSEN KENNETH F & 2025 ADDITIONAL HOMESTEAD
KLASSEN THERESA M 2025 HOMESTEAD
KLASSEN THERESA M 2025 ADDITIONAL HOMESTEAD
Property Information
Number of Units : 1
*Total Square Feet : 2792
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 2792
Year Built 1986
No of Bedroom(s) 2
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 $2,040,000 $2,240,000 $2,358,000 $1,526,250 $1,260,000
Land Value $0 $0 $0 $0 $0
Total Market Value $2,040,000 $2,240,000 $2,358,000 $1,526,250 $1,260,000
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $2,040,000 $2,240,000 $2,358,000 $1,386,000 $1,260,000
Exemption Amount $50,722 $50,000 $50,000 $0 $0
Taxable Value $1,989,278 $2,190,000 $2,308,000 $1,386,000 $1,260,000
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $33,990 $37,416 $39,766 $25,253 $22,752
NON AD VALOREM $271 $262 $258 $255 $241
TOTAL TAX $34,261 $37,678 $40,024 $25,508 $22,993
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov