Check Availability
$5,750,000
↓ $525K (8.4%)
House - For Sale

428 Addison Park Lane

Boca Raton, FL 33432
bedrooms
4 Beds
bathrooms
5.5 Baths, 1 Half Bath
square feet
4510 Sqft
$33,531
Estimated Monthly
$1,843
HOA / Fees
0.04%
Cap Rate

About This Property

EXTRAORDINARY VALUE: PRICE JUST REDUCED BY OVER HALF A MILLION DOLLARS. Poised with distinction in the exclusive gated Addison Estates community, the architectural marvel known as 428 Addison Park Lane stands as a testament to refined elegance and grandeur. This opulent community, nestled within the gates of The Boca Raton, showcases stunning lake and golf course views. This remarkable property offers a picturesque vista that epitomizes the very essence of luxury living. This one-story European-inspired estate boasts a total of 5,084 SF and an interior SF of 4,510. In addition, this gleaming property features four bedrooms, five full bathrooms, and a beautifully appointed powder room.

The manager has listed the unit size as 4510 square feet.
Unit Size
4,510Ft²
Days on Market
185 days
Land Size
-
Price per sqft
$1,275
Property Type
House
Property Taxes
$3,454
HOA Dues
$1,843
Year Built
1993
Listed By
Last updated: 3 months ago (RMLSFL #10933133)

Price History

Date / Event Date Event Price
Feb 27, 2024 Price Decreased $5,750,000
↓ $525K (8.4%)
Price Decreased
Jan 12, 2024 Price Decreased $6,275,000
↓ $425K (6.3%)
Price Decreased
Nov 3, 2023 Listed by Douglas Elliman $6,699,900
Listed by Douglas Elliman
Oct 24, 2023 No longer available -
No longer available
Apr 23, 2023 Listed by CASTLES BY THE BEACH, INC $6,699,900
Listed by CASTLES BY THE BEACH, INC
On the golf course of legendary Boca Raton Resort in a 15 home gated enclave is this timelessly elegant, superbly appointed, completely furnished one story Country French gem exuding luxury & perfection. Enter a spacious foyer featuring soaring ceiling w/gorgeous frescos, glittering antique crystal chandelier, open living room & enormous dining room reminiscent of Provence. Rooms are embellished with stunning moldings & exciting ceiling finishes & doors to the outside…

Property Highlights

Air Conditioning
Exterior Details

Pool Information

Pool

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 502
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,014
  • Lot Size Depth Feet: 2,040
  • Lot Size Frontage Feet: 490
  • Total Building Area: 5,084
  • Gross Building Area: 5,084
  • Building Area: 4,510
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,510
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: ADDISON ESTATE
  • Land Acres: 0.23
  • Legal Description 1: ADDISON ESTATES LT 12

Ownership

  • Current Owner : GANS ROBERT M
  • Previous Owner : DOLSON JAMES O
  • Owner Before Previous Owner: ACKERMAN ROSLYN
  • Owner Before Previous Owner 2: ACKERMAN SHELDON
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007505

Zoning

  • Zoning: R-3-E

Geography

  • Assessors Map Reference: 424
  • Parcel: 06-43-47-29-42-000-0120
  • Lot: 12
  • Meridian: SEC 29 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3474
  • Longitude: -80.0797

    Address

  • Full Address: 428 Addison Park Ln
  • Address - House Number: 428
  • Address - Street Name: Addison Park
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C007
  • 4-Digit Zip Code: 5066
  • Zip Code: 33432

Valuation

    Tax

  • Total Area: 4,730
  • Tax Year: 2023
  • Tax Amount: $48,661
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1827
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 5,088,973
  • High Value: 6,018,802
  • Low Value: 4,159,144

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,020,000
  • First Open Lien Mortgage Lender: POWER EXPRESS
  • First Open Lien Mortgage Recording Date: Nov 17, 2022
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Nov 17, 2052
  • Second Open Lien Mortgage Lender: POWER EXPRESS
  • Second Open Lien Mortgage Recording Date: Sep 26, 2023
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 12
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2024

    Market Valuation

  • Market Total Value: $3,783,182
  • Market Land Value: $1,289,939
  • Market Improvement Value: $2,493,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,232,086

    Sales

  • Current Sale Contract Date: Aug 29, 2001
  • Current Sale Recording Date: Sep 12, 2001
  • Current Sale Transaction ID: 1158063965
  • Current Sale Price: $2,600,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 01-394478
  • Previous Sale Recording Date: Sep 06, 1995
  • Previous Sale Contract Date: Aug 31, 1995
  • Previous Sale Amount: $1,600,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
4 Beds
4.5 Baths
4,113 ft²
$1,578/ft²
$6,492,000 Apr 6, 2022
-
$4,936/mo
Condo
3 Beds
3.5 Baths
4,265 ft²
$1,720/ft²
$7,335,000 Apr 6, 2022
-
$3,711/mo
Condo
3 Beds
3.5 Baths
4,350 ft²
$1,484/ft²
$6,455,000 Apr 6, 2022
-
$3,785/mo
Condo
3 Beds
3.5 Baths
3,805 ft²
$1,663/ft²
$6,326,000 Apr 6, 2022
-
$3,310/mo
Condo
3 Beds
3.5 Baths
3,490 ft²
$1,662/ft²
$5,800,000 Jun 12, 2023
-
$8,698/mo
Condo
3 Beds
3.5 Baths
3,503 ft²
$1,927/ft²
$6,750,000 Jul 6, 2023
-
$7,910/mo
Condo
3 Beds
3.5 Baths
3,442 ft²
$1,743/ft²
$6,000,000 Apr 6, 2023
-
$7,833/mo

About Boca Raton Hotel and Club


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Frequently Asked Questions

When was property at 428 Addison Park Lane built and last sold?
The property at 428 Addison Park Lane was built in 1993 and last sold on Aug 29, 2001 for $2,600,000.
How much is this home worth?
The estimated value of the home located at 428 Addison Park Lane is $6,723,966.
What are some comparable homes to 428 Addison Park Lane?
Homes that are comparable to 428 Addison Park Lane include a condo property at 210 Southeast Mizner Boulevard, 220 Southeast Mizner Boulevard, 200 Southeast Mizner Boulevard.

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