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Presented by
Linda's Team |
1500 S Ocean Boulevard, #604, Boca Raton, FL, 33432 | $1,987,000
Exclusive Opportunity thoughtfully priced to reflect its unparalleled renovation potential at The Addison, Boca Raton's premier oceanfront luxury residence. Wake to panoramic Atlantic Ocean views and the soothing sound of waves from this rare sixth-floor oceanfront residence in one of Boca Raton's most prestigious full-service, resort-style communities. Perfectly positioned above the pristine shoreline, this expansive residence offers unobstructed ocean vistas and an exceptional opportunity to create a custom coastal masterpiece. This highly sought-after property is ready for your vision and signature style. Opportunities like this at The Addison are exceptionally rare. Don't miss this opportunity and schedule your private showing today. 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
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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.
Linda's TeamLuxury Properties Specialists
860.209.7044
LindasTeam@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 10930
203.641.8287
Dave.Beckman@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
Diane PadelliInsurance Sales Director, William Raveis Insurance
203.444.0494
Diane.Padelli@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, #604, Boca Raton, FL, 33432
$1,987,000
Linda's Team
Luxury Properties Specialists
William Raveis Real Estate
Phone: 860.209.7044
LindasTeam@raveis.com
Dave Beckman
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,589,600 | $1,589,600 | $1,589,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $980 | $980 | $980 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,276 | $9,530 | $13,414 |
| Total Monthly Payment | $10,381 | $10,635 | $14,519 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388