Skip to content
Back to results1500 S Ocean Boulevard
For sale

1500 S Ocean Boulevard

Boca Raton, FL 33432

$1,987,000

$922/ft²

2Beds
2.5Baths
2,156Sq ft
1986Year built
CondoType

About this home

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. 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

  • Waterfront
  • Private pool

Property details

Listing

MLS #
B26013079
Status
For sale
Listed on
Apr 9, 2026
Days on market
122 days
Listing data updated
Aug 7, 2026

Interior

Beds
2
Baths
2.5
Living area
2,156 ft²
Price per ft²
$922/ft²
Unit
604

Building & community

Type
Condo
Year built
1986
HOA fee
$3,843/mo
County
Palm Beach

Lot & exterior

Waterfront
Yes
Private pool
Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest)
$10,047
Property taxes (est.)
$1,822
Home insurance (est.)
$600
Flood insurance (est.)
HOA fee
$3,843

Estimated total$16,312*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?

Location

Mortgage calculator

$10,047/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.

Equal Housing Opportunity

This listing is courtesy of Engel & Voelkers Delray Beach.

Stephan Adamsky · 561-705-0735 · stephan.adamsky@evrealestate.com · 561-362-2888

Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Similar homes nearby