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Built in 1986 - 172 units - 16 floors

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Building Information

Addison on the Ocean (North & South)

Number of units: 172
Active listings for rent: 0
Active listings for sale: 5
Building inventory for sale: 2%
Number of sales over the last 12 months: 3
Number of sales over the last 6 months: 0
Number of sales over the last 3 months: 0
Avg. time to close over last 12 months: 130 days

Address

1500 S Ocean Blvd, Boca Raton, Palm Beach, FL, 33432

Addison Condominium Association
1500 S Ocean Boulevard
Boca Raton, FL33432-8529
(561) 395-3848

Recent Sales

Unit # Size Closing Date Sale Price PPSF
1501 3,300 sq ft May 2024 $3,350,000 $1,015
804 2,300 sq ft May 2024 $2,150,000 $935
1402 3,070 sq ft Feb 2024 $2,650,000 $863

Market Information

Building vs Area

Addison on the Ocean (North & South): $1124/sq. ft.
Boca Raton: $431/sq. ft.

Area vs City

Boca Raton $431/sq. ft.
Palm Beach $466/sq. ft.

Inventory for sale

Boca Raton: 4%
Palm Beach: 4%

Avg. time to close over last 12 months

Addison on the Ocean (North & South) 130 days
Boca Raton: 61 days
Palm Beach: 60 days