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+53 photosLuxury condo — 1400 S Ocean Boulevard 1003 · Addison · Boca Raton



























































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Open property magazine$2,329,000
1400 S Ocean Boulevard 1003, Boca Raton, FL 33432
Boca Raton, FL, 33432
2 bd · 3 ba · 2,156 sqft
Listed by Coldwell Banker
1400 S Ocean Boulevard 1003, Boca Raton, FL 33432
Listed by Coldwell Banker
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
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Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated Monthly Payment
20% down · 6.75% interest · 30-year loan · Jumbo loan
Jumbo loan: put down about $1,496,250 or more to stay conforming. What's different?
- A bigger down payment, often 10–20% or more
- A higher credit score, often 700+
- More cash reserves, often 6–12 months of payments
- Full income documentation, sometimes a second appraisal on large loans
Other options: Conforming first mortgage plus a home equity loan for the rest ("piggyback"); Portfolio or private bank loans; Cash. Each lender sets its own rules.
Principal, interest, taxes and insurance, HOA. Property Tax (after sale). Estimated; not a lender quote.
- Principal & interest
- $12,085/mo
- Property tax (after sale) est.
- $1,769/mo
- Homeowners insurance est.
- $671/mo
- HOA
- $3,843/mo
Estimate only, not guaranteed. Verify before you buy or sell.
Cash to close
1400 S Ocean Boulevard 1003, Boca Raton, FL 33432
Estimated cash to close est.
$493,447.77
Down payment plus Florida taxes, title, lender and prepaid costs.
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $1,863,200.00Jumbo loan
Above the 2026 $832,750.00 limit, so the daily jumbo rate is used. Put down about $1,496,250.00 or more to stay conforming.
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
$493,447.77
- Down payment est.
- $465,800.00
- Mortgage note documentary stamps est.
- $6,521.20
- Mortgage intangible tax est.
- $3,726.40
- Lender’s title insurance est.
- $25.00
- Lender title endorsements est.
- $25.00
- Lender fees est.
- $1,500.00
- Appraisal est.
- $650.00
- Title search & examination est.
- $125.00
- Municipal lien search est.
- $150.00
- Settlement / closing fee est.
- $450.00
- County recording (deed) est.
- $30.00
- County recording (mortgage) est.
- $120.00
- Inspection, wind mitigation & 4-point est.
- $900.00
- Survey est.
- $500.00
- Property tax escrow (2 months, after sale) est.
- $3,537.00
- Insurance escrow (2 months) est.
- $1,341.17
- First-year insurance premium est.
- $8,047.00
- HOA / condo contribution or transfer est.
- Not provided
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Insurance & flood
- Flood zone (FEMA)
- Not available —
- Homeowners insurance est.
- $671 / month
Source: FEMA National Flood Hazard Layer · Date checked: Nov 7, 2026
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
Flood zone: Not available —
Source: FEMA National Flood Hazard Layer · Date checked: Nov 7, 2026
- Roof type
- Not provided —
- Roof year
- Not provided —
- Impact windows / doors
- Impact Glass (Complete)
- Shutters
- Not provided —
- Window features
- Storm Window(S)
- Year built
- 1985
Homeowners insurance: $671 / month est.
- Annual premium est.
- $7,742
- Fees & taxes est.
- $305
- Annual total est.
- $8,047
- Likely range est.
- $6,840–$9,657
- Dwelling coverage est.
- $768,075
- Other structures est.
- $15,362
- Personal property est.
- $153,615
- Loss of use est.
- $76,808
- Hurricane deductible (2%) est.
- $15,362
Based on the listing: 2,156 sq ft · built 1985 · 16 stories · impact windows / shutters · luxury finish level.
Dwelling coverage uses living area × county rebuilding cost. Selling price and land value are not included. The monthly estimate includes fees and applicable taxes.
Broward inland rates were calibrated against two supplied policies; other county and coastal rates have not yet been calibrated against real quotes.
Assumed where the listing is silent: concrete-block construction · coastal rating band · roof 6–15 years old · gable roof · 2% hurricane deductible · admitted carrier; no surplus-lines tax. A newer roof, a hip roof shape, or a higher deductible can lower the premium; frame construction can raise it.
Educational estimate only, not an insurance quote. Actual premiums depend on the carrier, inspections, discounts, and underwriting. Flood insurance not included. Simon Gedz is a Realtor, not a licensed insurance agent.
The FEMA map is a strong indication, not the final answer: your lender orders its own flood zone determination. Cash buyers are not required to carry flood insurance, but on the water it is strongly recommended.
Florida rule: by 2027, Citizens policyholders must carry flood insurance even outside a flood zone, unless the Citizens policy excludes wind coverage. The FEMA map does not show this.
How flood insurance is priced (FEMA Risk Rating 2.0)
Flood insurance is priced home by home, so two neighbors on the same canal can pay very different amounts. Premiums depend on the home's elevation (first-floor height above the expected flood level), distance to water (ocean, Intracoastal, canal or river), the type of flood risk (storm surge, heavy rain or river overflow), the cost to rebuild, the foundation and construction type, and past flood claims on the property.
Federal flood insurance (NFIP) pays at most $250,000 for the building and $100,000 for contents. A luxury waterfront home needs private flood insurance or an "excess flood" policy on top.
Before an offer: pull the official FEMA flood map (FIRMette), ask the seller for an elevation certificate (it largely decides the price), ask whether the seller's existing NFIP policy can be transferred to you (sometimes at a lower rate), and have an insurance agent check prior flood claims (CLUE report). New NFIP policies usually have a 30-day wait before they take effect — don't leave it until the week of closing.
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homesExperience the pinnacle of coastal luxury at The Addison On The Ocean, N-1003. From the moment you enter, your gaze is drawn to the endless Atlantic horizons that frame this exquisite 10th-floor sanctuary. Begin every morning with breathtaking sunrises over the ocean from your balcony. The heart of the residence is a meticulously reimagined gourmet kitchen, featuring state-of-the-art appliances, sleek 2-tone contemporary cabinetry, striking custom backsplash & anchored by a stunning oversized peninsula with ocean vistas. Elegance is underfoot with marble in the grand living spaces & warm wood-inspired flooring in the bedroom suites. Complete with designer lighting & impact-glass windows throughout, this residence is a masterpiece of modern oceanfront living. Upgrades Include: Waterdrop tankless Reverse Osmosis Water filter, installed 2026..................... 2 top-of-the-line Bosch "Whisper Quiet" A/C units, installed 2023...................... Newer water heater, installed in 2021...................... Samsung Smart Wi-Fi washer with steam, installed 2020...................... Bosch 800 series dishwasher, installed 2019...................... Wolf Induction cooktop, installed 2018...................... .......................................... ..................... The Addison On The Ocean is an extraordinary 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
197 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Building health
- Building
- The Addison On The Ocean· MLS
- Year built
- 1985· MLS
- Stories
- 16· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- Yes, Breed Restrictions, Number Limit, Size Limit· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $3,842.99 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details
Dogs
Welcome here
Cats
Welcome here
Breed restrictions
Some breeds not accepted
Your costs (est.)
≈ $18,367/mo
1400 S Ocean Boulevard 1003, Boca Raton, FL 33432 · Boca Raton
Location
1400 S Ocean Boulevard 1003, Boca Raton, FL 33432
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 1400 S Ocean Boulevard 1003, Boca Raton, FL 33432?+
Property tax (after sale): $1,769/month est.; homeowners insurance: $671/month est.; HOA: $3,843/month. Fixed ownership costs before a mortgage: $6,282/month est. Principal and interest: $12,085/month; PMI: $0/month. Total for the payment scenario shown: $18,367/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1400 S Ocean Boulevard 1003, Boca Raton, FL 33432?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1400 S Ocean Boulevard 1003, Boca Raton, FL 33432 need flood insurance, and what drives the premium?+
Most of Boca Raton sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 1400 S Ocean Boulevard 1003, Boca Raton, FL 33432?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 1400 S Ocean Boulevard 1003, Boca Raton, FL 33432 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Boca Raton luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 1400 S Ocean Boulevard 1003, Boca Raton, FL 33432?+
This listing has been on the market 197 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Boca Raton. Resort-style living with Mizner Park, A-rated schools, country clubs, and FAU just minutes inland.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Boca Raton Community Middle School
Middle school · 3.1 mi from this home · 1251 Nw 8Th St, Boca Raton
Boca Raton Community High School
High school · 3.6 mi from this home · 1501 Nw 15Th Ct, Boca Raton
Zone boundaries published by School District of Palm Beach County.
Other options for this address
Boca Raton Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Boca Raton
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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