Premier Brokers International
1500 S Ocean Boulevard 1603/04, Boca Raton, FL 33432
Price reducedBeachesMLS
Price reducedMLS® R11121059
$5,499,000

↓ Price reduced $100,000 on Sep 23, 2026

1500 S Ocean Boulevard 1603/04, Boca Raton, FL 33432

Beds
4
Baths
5
Sqft
4,312
Est. payment$42,036/mo
Home type
Condominium
Year built
1986
Lot size
0 sqft
Price / sqft
$1,275
HOA
$8,157/mo
Community
Addison

Property description

S-1603/04 is an oceanfront, double penthouse offering a lifestyle defined by sophistication, luxury and a connection to the sea. From the moment you step inside, the panoramic ocean views take center stage. Floor-to-ceiling glass invite natural light to fill the interior, while expansive balconies create seamless indoor-outdoor living. Whether enjoying morning coffee as the sun rises over the Atlantic or hosting sunset gatherings with friends, every moment is framed by the beauty of the shoreline. Renovated by renowned designer Louis Schuster, the spacious open-concept residence boasts over 4,300 living sq ft, anchored by a beautiful kitchen with premium appliances, elegant living and dining areas and multiple spaces for relaxation or entertaining. The primary suite is a private retreat, complete with a spa-inspired bathroom, oversized closets and a private balcony with endless ocean vistas. Three additional suites offer space for family and guests; each with a gorgeous ensuite bath. A bonus room/ flex space is perfect for a fitness room or office. The interior features continue with nine-foot ceilings, custom wood details, electric window shades, designer lighting and impact glass throughout. Beyond the residence's interior, S-1603/04 comes with a private oceanfront cabana, offering convenience and privacy just steps to the sand; as well as two private penthouse parking spaces. Perfectly situated on the shores of Boca Raton, S-1603/04 is just minutes from 5-star dining, upscale shopping, championship golf, and vibrant cultural experiences yet feels worlds away, with the ocean as your backdrop. Wake each morning to the sound of waves and endless shades of blue stretching beyond your windows. Here, every day feels like a vacation, and every window offers a reminder of why oceanfront living is truly extraordinary. The Addison On The Ocean is an exclusive oceanfront condominium on the sparkling shore of Boca Raton, Florida. This opulent condominium offers resort-style living for just 169 luxurious residences. Each residence features immense square footage and panoramic vistas of the turquoise Atlantic ocean. The Addison On The Ocean welcomes you with dramatic porte-cochere entries with stunning water features, designer landscaping and premier valet service. Upon entering the lobby, you are greeted by stunning interior design elements and a backdrop of the glistening ocean. This concierge building features all the lavish amenities one would expect in a 5-star resort. Few condominiums offer dining, The Addison On The Ocean offers dining in the completely renovated restaurant as well as, Al Fresco options on the pool deck, gazebo or while lounging on the ocean. Residents may also gather and entertain in the fully renovated social room. The impeccable food service includes breakfast, lunch, take-out dinners and private event catering. The Addison On The Ocean embodies the essence of first class living, including on-site management, 24-hour maintenance and in-house concierge. The stress-free lifestyle is enriched by conveniences that may be arranged by the concierge; including housekeeping, automobile care and transportation services. The 24-hour security team utilizes state of the art communication, while the grounds are monitored with vast video surveillance coverage. BuildingLink technology enables residents, management and staff to interact in real time. The innovations continue with newly installed electric vehicle charging stations. Health and self-care are of the utmost importance and The Addison On The Ocean embraces a healthy lifestyle with fully renovated wellness areas, including five fitness centers, saunas, steam rooms and massage services. There are an array of recreational facilities including a dog park, aquatic therapy, water aerobics, basketball, volleyball, kayaks, bicycles, paddle boards, ping-pong, billiards, arcade games, a library/business center and a gorgeous social hall. This one-of-a-kind property continues to impress with its luxurious outdoor spaces. These spaces include two completely renovated pools, all new decking, a fabulous al fresco liquor lounge, custom fire-pits and waterfall features. The Addison On The Ocean is appointed with only the finest trimmings and ultra-luxury amenities, it is Boca Raton's most exclusive oceanfront address. Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information.

Listing activity

Days on market
390
Listed
Sep 4, 2025
MLS listing updated
9 hours ago
Feed last checked
10 minutes ago

Listed by Mark Howard Hansen · Coldwell Banker

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
4
Bathrooms
5
Bathrooms (decimal)
4.5
Full bathrooms
4
Half bathrooms
1
Main-level bedrooms
4
Main-level bathrooms
4

Rooms & features

Rooms
9
Interior features
Entrance Foyer, Storage, Walk-In Closet(s)
Flooring
Carpet
Appliances
Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Oven, Refrigerator, Washer
Laundry
Inside, Laundry Closet
Window features
Storm Window(s)

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Assigned, Garage
Attached garage
No

Exterior

Stories
16
Building area
4,900 sqft
Exterior features
Balcony
Other structures
Cabana
Pool
No
View
Ocean, City
Waterfront
Directly on Sand, Ocean
Waterfront property
Yes

Lot

Lot size
0 sqft
Lot size (acres)
0 acres
Lot features
Sidewalks
Zoning
res
Road frontage
East of US-1
Construction

Type & style

Home type
Condominium
Structure type
Multi Family
Architectural style
Colonial
Year built
1986
New construction
No

Materials

Construction
Concrete
Property condition
Resale
Faces
West
Utilities & green energy

Utilities

Electric
Three Phase
Water
Public
Utilities
Water Available
Community & HOA

Community

Subdivision
Addison
MLS area
4170
MLS subarea
PB01
Security
Closed Circuit Camera(s), Fire Sprinkler System, Gated with Guard, Lobby - Attended, Security Guard, Security Patrol, Security System
Pets allowed
Breed Restrictions, Pet Restrictions Possible, Number Limit, Size Limit, Yes
55+ community
No

Association

Has association
Yes
Association fee
$8,156.55 monthly
Estimated monthly dues
$8,157
Amenities
Pool, Bike Storage, Cafe/Restaurant, Community Room, Dog Park, Elevator(s), Fitness Center, Game Room, Management, Manager On Site, Parking, Picnic Area, Sauna, Sidewalks, Spa/Hot Tub, Storage, Street Lights, Trash Chute
Services included
Recreation Facility, Common Areas, Elevator, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Trash
Lease details

Not reported by the listing source.

Location

Area details

City
Boca Raton
County
Palm Beach
ZIP code
33432
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
R11121059
Original list price
$6,999,000
Parcel number
06434732230021603
Annual property tax
$31,154
Tax year
2025
Tax legal description
ADDISON ON THE OCEAN IN BOCA RATON COND UNITS S-PH-03 & S-PH-04
Additional MLS details

Reported by the listing source

Association Amenities
Pool, Bike Storage, Cafe/Restaurant, Community Room, Dog Park, Elevator(s), Fitness Center, Game Room, Management, Manager On Site, Parking, Picnic Area, Sauna, Sidewalks, Spa/Hot Tub, Storage, Street Lights, Trash Chute
Association Fee Frequency
Monthly
Association Fee Includes
Recreation Facility, Common Areas, Elevator, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Trash
Association
Yes
Bathrooms Total Decimal
4.5
Bathrooms Total Integer
5
Building Area Total
4900
Construction Materials
Concrete
County Or Parish
Palm Beach
Days On Market
390
Direction Faces
West
Elementary School
Boca Raton
High School
Boca Raton
Laundry Features
Inside, Laundry Closet
List Price
5499000
Listing Contract Date
2025-09-04
Living Area
4312
Lot Size Acres
0
Lot Size Area
0
MLSArea Major
4170
MLSArea Minor
PB01
Main Level Bathrooms
4
Main Level Bedrooms
4
Middle Or Junior School
Boca Raton Community
Mls Status
Active
On Market Date
2025-09-04
Photos Count
98
Postal Code
33432
Price Change Timestamp
2026-09-23T15:28:37Z
Property Sub Type
Condominium
Property Type
Residential
Road Frontage Type
East of US-1
Rooms Total
9
Security Features
Closed Circuit Camera(s), Fire Sprinkler System, Gated with Guard, Lobby - Attended, Security Guard, Security Patrol, Security System
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2025-09-04T17:07:26Z
Stories Total
16
Subdivision Name
Addison
Water Source
Public
Waterfront Features
Directly on Sand, Ocean
Tax Annual Amount
31154
Bathrooms Full
4
Pool Private
No
Bedrooms Total
4
Bathrooms Half
1
Financial Information: Estimated Monthly Assoc Recurring Fee
8157

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 4, 2025ListedBeachesMLS$6,999,000$1,623/sqft
Sep 23, 2026Price reducedBeachesMLS$5,499,000$1,275/sqft

Public tax history

YearProperty taxesAssessment
2025$31,154—

Payment calculator

Estimated monthly payment$42,036/moIllustrative estimate, not a loan offer.
Principal & interest
$28,533
Property taxes
$2,596
Insurance
$2,750
Association dues
$8,157

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

Addison

Boca Raton · Palm Beach County · 33432

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Boca RatonElementary
—
Boca Raton CommunityMiddle
—
Boca RatonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of Coldwell Banker. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.