1500 S Ocean Boulevard, #S-604, Boca Raton, FL, 33432 | $2,150,000

The Addison | Luxury Oceanfront Condo - Boca Raton's Exceptional Resort Lifestyle Opportunity | Awaken to unparalleled panoramic ocean vistas and the soothing sound of waves directly outside your windows while experiencing the epitome of coastal living with this exceptionally rare oceanfront residence in one of Boca Raton's most esteemed full-service resort-style living properties. Perfectly situated on the sixth floor, directly overlooking the pristine sands, this expansive condo offers breathtaking, unobstructed Atlantic Ocean views and an outstanding opportunity to create a truly bespoke coastal showpiece in a highly sought-after location. S-604 is primed for luxury at Boca Raton's most exclusive oceanfront property, just waiting for your signature touch to elevate it to new heights. This unit reflects a unique opportunity to make it your own or an ideal canvas for buyers seeking value enhancement. Whether an investor, designer, or end-user, this presents an exceptional opportunity to acquire a prime piece of real estate and transform it into a captivating modern architectural masterpiece while capitalizing on Boca Raton's strong luxury resale demand with limited beachfront inventory. Property Highlights: • Private direct beach access with unobstructed ocean views • Spacious layout with exceptional potential • Floor-to-ceiling impact windows showcasing panoramic ocean vistas • Private balcony overlooking the ocean ideal for indoor-outdoor living • Spacious bedroom suites with flexible layout options • Resort-style property offering full-service amenities including private beach access, 2 saltwater pools, private restaurant, gazebo, cafe, full fitness center, saunas, steam rooms, massage services, basketball, volleyball, kayaks, library/business center, valet, concierge service, renowned privacy, security, and much more. Prime Boca Raton beachfront setting, minutes from world-class dining, luxury shopping, and entertainment, with convenient access to major airports and private clubs.

Features

  • Parking: Assigned, Covered, Deeded, Guest, Valet, Under Building, Garage, Detached Garage
  • Heating: Central
  • Cooling: Central Air
  • Levels: 16
  • Amenities: Beach Access, Basketball Court, Billiard Room, Cabana, Car Wash Area, Elevator(s), Fitness Center, Game Room, Jogging Path, Parking, Pool, Sauna, Spa/Hot Tub, Trash Chute, Bar, Beach Club Available, Business Center, Cafe/Restaurant, Community Room, Heated Pool, Internet Included, Kitchen Facilities, Lobby, Maintained Community, Gated, Security
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Laundry Closet, Inside
  • Complex: ADDISON ON THE OCEAN IN BOCA RATON CONDO
  • Development: ADDISON
  • Year Built: 1986
  • Common Charge: $3,843 Monthly
  • Approx Sq. Feet: 2,156
  • Est. Taxes: $11,758
  • View: Water, Ocean
  • Water Front: Yes
  • Elem. School: Boca Raton
  • Middle School: Boca Raton Community
  • High School: Boca Raton
  • Pet Policy: Yes, Number Limit, Size Limit
  • Appliances: Electric Water Heater, Water Heater Owned, Cooktop, Dryer, Disposal, Dishwasher, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer, Electric Cooktop, Freezer
  • MLS#: B26013079
  • Website: https://www.raveis.com
    /prop/B26013079/1500soceanboulevard_bocaraton_fl?source=qrflyer
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Listing courtesy of Engel & Voelkers Delray Beach

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Joseph HartleyInsurance Sales Director, William Raveis Insurance

954.729.6530

Joseph.Hartley@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1500 S Ocean Boulevard, #S-604, Boca Raton, FL, 33432

$2,150,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,720,000 $1,720,000 $1,720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.263% 6.223% 6.164%
Monthly Tax Payment $980 $980 $980
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,037 $10,451 $14,514
Total Monthly Payment $11,142 $11,556 $15,619

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.