David Ramirez
$12,500$14,0002 bd2.5 ba2,156 sqft$6 /sqft$251 /mo all-in ↓

1500 S Ocean Boulevard # 704, Boca Raton FL 33432, BOCA RATON, FL, 33432

Active338 days on marketListed Sep 10, 2025MLS #R11123029

Priced 98% below the Boca Raton medianReduced $2KWaterfrontPrivate poolCondominiumAddison

About this home

1500 S Ocean Boulevard # 704, Boca Raton FL 33432

S-704 is the oceanfront rental you've been waiting for. From the moment you enter through the custom wood doors you're struck by expansive ocean vistas. The stunningly renovated kitchen features 2-tone cabinetry, marble details, custom tilework, stainless steel appliances & wine cooler. The primary suite includes a beautifully renovated bathroom w/ lighted quartz counters, glass shower w/ bench & dressing area. The suite is complete w/ an oversized custom built walk-in closet & sweeping city of Boca Raton views. The guest suite features an ensuite bathroom and city vistas. An oversized laundry room, designer powder room, marble & hardwood floors, remote controlled blinds, custom lighting & impact glass throughout make this a seaside lease opportunity not to be missed! 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.

Facts & features

The home at a glance

2

Bedrooms

2.5

Bathrooms

2,156

Sqft

0 ac

Lot size

1

Garage

1986

Year built

$6

Per sqft

Private poolWaterfrontOcean & Direct Ocean & Ocean View viewFurnished,Furniture OnlyPets allowed

Inside

FlooringCeramic Floor · Marble · Wood
AppliancesDishwasher · Dryer · Refrigerator · Washer
InteriorInterior Hall · Built-in Features · Fire Sprinklers · Walk-In Closet(s) · Family Room · Storage · Utility Room/Laundry
LaundryLaundry Room · Utility Room/Laundry
CoolingCentral Air
HeatingCentral
FurnishedFurnished,Furniture Only

Outside & construction

ViewOcean · Direct Ocean · Ocean View
FacesWest
Parking1 Space · Assigned · Guest · Parking Garage
ExteriorEast Of Us1 · Balcony

Community & fees

PetsNo, Yes
CommunityExercise Room · Game Room · Management On Site · Paved Road · Picnic Area · Pool · Sauna · Security Patrol · Sidewalks · Spa/Hot Tub · Whirlpool

Utilities & systems

The numbers

What it really costs

Principal and interest plus estimated taxes and insurance. Run your own numbers below.

$251 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$74
FHA mortgage insurance (est.)$6
Est. property taxes (1.1%/yr)$11
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $438Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesEstimated at 1.1%/yrInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $438
Interest rate6.00%
Loan term

Estimated payment

$251/mo

Principal & interest$74
FHA mortgage insurance (est.)$6
Est. property taxes$11
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Boca Raton actives

$6 vs $321

Days on market

338 vs 56 typical

Where $6/sqft sits among the 400 Boca Raton actives

109 · this home
168
51
28
17
27
$6–247$247–488$488–729$729–970$970–1211$1211+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Boca Raton

Map of 1500 S Ocean Boulevard # 704, Boca Raton FL 33432

Get to know Boca Raton. See the full Boca Raton guide →

The numbers that matter

The Boca Raton market

Seller’s marketLeans buyer9.1 months of inventoryBuyer’s market

$3.6M$710K

Boca Raton median sold, yr/yr

93.4%

Sale-to-list ratio (12 mo)

52 of 400

Boca Raton actives have cut their price

Median sold price, Boca Raton, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 98% below the Boca Raton median. See the full Boca Raton market guide →

Paper trail

This home's history

CurrentPrice reduced to $12,500 $2K
Sep 10, 2025Listed at $14,000 · 338 days on market since
1986Built · Addison

Reality check

What actually sold near 1500 S Ocean Boulevard # 704

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1400 S Ocean Boulevard # 605, Boca Raton FL 33432Sold · Feb ’26

$3,500,000

1400 S Ocean Boulevard # 605, Boca Raton FL 33432 · same community

3 bd · 3 ba · 2,792 sqft · $1,254/sqft · 25 DOM

2600 S Ocean Boulevard # 11f, Boca Raton FL 33432Sold · Jul ’26

$2,325,000

2600 S Ocean Boulevard # 11f, Boca Raton FL 33432

3 bd · 2.5 ba · 2,134 sqft · $1,090/sqft · 32 DOM

2600 S Ocean Boulevard # 19e, Boca Raton FL 33432Sold · Jun ’26

$2,300,000

2600 S Ocean Boulevard # 19e, Boca Raton FL 33432

3 bd · 2.5 ba · 2,101 sqft · $1,095/sqft · 78 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1500 S Ocean Boulevard # 704 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1500 S Ocean Boulevard # 704 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Straight answers

1500 S Ocean Boulevard # 704 FAQs

What would the monthly payment be for 1500 S Ocean Boulevard # 704, Boca Raton FL 33432?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $251/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

Are pets allowed at 1500 S Ocean Boulevard # 704, Boca Raton FL 33432?+

The listing reports pets: No, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Boca Raton?+

At $12,500, this home is listed about 98% below the Boca Raton median of $549,900. The market section on this page shows how the area is trending.

The brief

Four things that matter here

01Under the Boca Raton market on paper

$12,500 is 98% below the Boca Raton median of $549,900, and at $6/sqft it sits under the Boca Raton average of $502.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

338 days on market against a Boca Raton median of 56 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $14,000, now $12,500 — a $2K cut. The full history is in the market section below.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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