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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: 15
Building inventory for sale: 8%
Number of sales over the last 12 months: 6
Number of sales over the last 6 months: 2
Number of sales over the last 3 months: 2
Avg. time to close over last 12 months: 92 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

Link: https://

Recent Sales

Unit # Size Closing Date Sale Price PPSF
605 2,792 sq ft Feb 2026 $3,500,000 $1,254
605 2,792 sq ft Feb 2026 $3,500,000 $1,254
104n 2,156 sq ft May 2025 $1,555,000 $721
104n 2,156 sq ft May 2025 $1,555,000 $721
S-1602 2,792 sq ft Apr 2025 $2,900,000 $1,039
S-1602 2,792 sq ft Apr 2025 $2,900,000 $1,039

Market Information

Building vs Area

Addison on the Ocean (North & South): $1537/sq. ft.
Boca Raton: $454/sq. ft.

Area vs City

Boca Raton $454/sq. ft.
Palm Beach $454/sq. ft.

Inventory for sale

Boca Raton: 5%
Palm Beach: 6%

Avg. time to close over last 12 months

Addison on the Ocean (North & South) 92 days
Boca Raton: 82 days
Palm Beach: 78 days