The Addison in Boca Raton

The Addison Homes for Sale in Boca Raton, FL

Boca Raton · Palm Beach County

A guarded oceanfront condominium in East Boca Raton, reported as twin towers on South Ocean Boulevard with full-service amenities and ocean, lake, and Intracoastal views.

Oceanfront condominiumFull-service buildingEast Boca Raton
Live Market Pulse
32/100
Momentum
Buyer's Market
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market The Addison

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive BeachesMLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseBeachesMLS
$3.50M
Median Price
84mo
Supply
205days
Avg DOM
Soft
Seller Leverage
$1254/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"The Addison is a guarded, full-service oceanfront condominium in East Boca Raton, reported as twin towers on South Ocean Boulevard built in the mid-1980s and since renovated. The scarce thing here is the direct oceanfront position with views over the Atlantic, Lake Boca Raton, and the Intracoastal, which is what sets the floor on resale. Because it is an established luxury resale building, the read is to confirm the condominium budget and reserves, the structural reserve study and milestone inspection status given the building's age, the exposure and floor of a specific unit, and the rental rules, before relying on any figure. The view, the floor, and the line drive value more than square footage in a full-service oceanfront tower."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

The Addison market snapshot (as of June 15, 2026): the median sale price is about $3.5M ($1254 per sq ft), with homes averaging 205 days on market and 84.0 months of supply, a buyer's market. Based on 1 recent closings in live BeachesMLS data.

The Addison is a guarded, full-service oceanfront condominium reported at roughly 1400 and 1500 South Ocean Boulevard in Boca Raton (ZIP 33432), Palm Beach County, reported as twin towers rising about 16 stories with roughly 169 residences in total.

The building is reported to date to the mid-1980s and has been substantially renovated, with reported impact glass and updated common areas; individual unit condition varies, so the line, the floor, and the renovation level set where a residence lands far more than the headline number. Reported unit sizes start around 2,100 square feet, with larger residences above 3,000.

Reported amenities are full-service, including a doorman and concierge, an on-site restaurant, multiple pools, valet parking, and a fitness center. Confirm the current amenity list, the dues, the reserves, and the rental rules for a specific residence.

The location is prime East Boca Raton on the barrier island, with reported views over the Atlantic, Lake Boca Raton, and the Intracoastal, minutes to the beaches, downtown Boca Raton, and the Mizner Park and Royal Palm shopping and dining areas.

Best for

  • Buyers who want a guarded, full-service oceanfront condominium in East Boca Raton
  • Buyers who value a doorman, concierge, dining, and valet in the building
  • Buyers comfortable reading an established building's reserves, budget, and inspection status
  • Buyers who want ocean, lake, and Intracoastal views minutes from downtown Boca Raton

Probably not for

  • Buyers seeking an attainable price point rather than a luxury oceanfront one
  • Buyers who want a new-construction building rather than a renovated established one
  • Buyers who want a single-family home with a yard rather than a condominium
  • Buyers unwilling to confirm the condominium budget, reserves, and rental rules

How The Addison is performing right now

32/100
momentum
Buyer's Market
Seller's marketBalancedBuyer's market
84Months of supplytight
139Median days on marketdays
1 : 7Under contract vs for salestrong demand
1Sold in last 12 monthsliquidity
+11%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from BeachesMLS, as of June 15, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current The Addison listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in The Addison buys, holds, and resells. See the five factors.

Homes For Sale Right Now in The Addison

Live MLS inventory for The Addison. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending The Addison listings as of 2026-06-15, priced high to low. 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.. Tap any home to ask about it.

Listing locations from BeachesMLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Boca Raton public beaches~2 to 5 min · on the barrier island
Mizner Park and downtown Boca Raton~5 to 10 min · dining, shops, and culture
Royal Palm Place~5 to 8 min · shopping and dining
I-95 (Palmetto Park Rd)~8 to 12 min · approximate, varies with traffic
Boca Raton Airport~12 to 15 min · general aviation
Fort Lauderdale-Hollywood Int'l (FLL)~30 to 40 min · south via I-95

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

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Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
The Addison (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Palm Beach County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

The Addison is served by Palm Beach County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any The Addison address.

The takeaway

What is actually shaping value at The Addison, sourced and dated. We do not publish rumor.

Recent Developments in The Addison

Our read on what is being built around The Addison, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is the durable draw of a direct oceanfront, full-service building on the East Boca Raton barrier island, where the view and the floor set value. The near-term watch items are the condominium's budget and reserves, the structural reserve study and milestone inspection status given the building's age, and the broader oceanfront condominium market.

Direct oceanfront, full-service building

BullishA guarded oceanfront building with a doorman, concierge, dining, and valet on the East Boca Raton barrier island is scarce and durable, supporting view-driven resale value. impact
SignificanceRadius: Community

Direct oceanfront, full-service building

Renovated mid-1980s building, variable unit condition

NeutralAn established building from the mid-1980s with renovated units means condition varies; confirm the unit and the building's reserves before relying on a figure. impact
SignificanceRadius: On-site

Renovated mid-1980s building, variable unit condition

Florida condominium reserve and inspection requirements

NeutralOlder Florida condominiums face reserve study and milestone inspection requirements; confirm the building's status and any pending assessments for a specific unit. impact
SignificanceRadius: Community

Florida condominium reserve and inspection requirements

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting The Addison, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. June 2025
    Overview

    The Addison described as a renovated oceanfront condominium

    Available real estate descriptions report The Addison as twin oceanfront towers at roughly 1400 and 1500 South Ocean Boulevard in Boca Raton, built in the mid-1980s and since renovated, with full-service amenities and reported impact glass. Why it matters: This reflects the building's reported character; confirm the unit's condition, the condominium budget and reserves, the inspection status, and the rental rules for a specific unit before relying on them. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in The Addison, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the condominium budget and reserves first. Get the current dues, the reserve study, and any pending special assessment in writing before you value any unit, given the building's age.

2

Read the milestone inspection status. Confirm the building's structural inspection and reserve status under Florida's condominium rules, and any related assessment, for a specific unit.

3

Match the unit to the line and the floor. In an oceanfront building the exposure, the floor, and the renovation level drive value; price against the closest comparable line, not a building average.

4

Confirm the rental rules. Verify whether and how the association permits leasing, including any minimum lease term, for a specific unit before relying on it.

5

Use your own representation. On an oceanfront purchase where the budget, the reserves, and the view swing value, have someone read the documents and the comps for you rather than the listing agent.

Best Buy
A renovated unit on a direct ocean-facing line with a strong floor, priced to its true comparable line with the reserves confirmed.
Biggest Risk
Underbudgeting an established building's reserves or a pending assessment, or overpaying for a lower-floor or partial-view line.
Best Lot
Direct ocean exposure and higher floors over lower or lake-and-Intracoastal-facing lines.
Smart Timing
Confirm the budget, the reserves, and the inspection status before you commit.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

The Addison is reported as twin guarded oceanfront condominium towers at roughly 1400 and 1500 South Ocean Boulevard in East Boca Raton, rising about 16 stories with roughly 169 residences in total, built in the mid-1980s and since substantially renovated with reported impact glass. The building is reported to offer full-service amenities, including a doorman and concierge, an on-site restaurant, multiple pools, valet parking, and a fitness center, with reported views over the Atlantic, Lake Boca Raton, and the Intracoastal. Because the building is established with individually renovated units, condition varies; treat the unit count, amenities, and figures as reported and confirm the condominium budget and reserves, the milestone inspection status, the rental rules, and the exposure of a specific unit directly before relying on them.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: lower-floor or city-side units
$3.50M to $3.50M

Lower-floor units or those facing the lake and Intracoastal side, the more attainable way into a full-service oceanfront building. Exposure and the renovation level set where these land.

Lowest entry
Core: renovated ocean-facing units
$3.50M to $3.50M

Updated units on solid ocean-facing lines, the heart of the resale market here. View, floor, and the renovation level separate these more than square footage.

Most inventory
Top: high-floor direct-ocean units
$3.50M to $3.50M

The largest renovated high-floor units on direct ocean exposures, the scarcest positions in the building. These hold value best.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$3.50M to $3.50M
Entry: lower-floor or city-side units
Lower-floor units or those facing the lake and Intracoastal side, the more attainable way into a full-service oceanfront building. Exposure and the renovation level set where these land.
$3.50M to $3.50M
Core: renovated ocean-facing units
Updated units on solid ocean-facing lines, the heart of the resale market here. View, floor, and the renovation level separate these more than square footage.
$3.50M to $3.50M
Top: high-floor direct-ocean units
The largest renovated high-floor units on direct ocean exposures, the scarcest positions in the building. These hold value best.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Boca Raton locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in The Addison

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

The oceanfront, the doorman, and the dining are priced into every unit. The deal is won or lost on the floor, the view, and an honest read of an established building's reserves.

Jon Brooks · Founder, Momentum Realty
8.2B+ · Buy Score
Resale Strength8.4/10
Renovation Risk5.2/10
Location Efficiency9.0/10
Long-Term Defensibility8.4/10
Carrying Cost Advantage5.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on The Addison is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live BeachesMLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live BeachesMLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium

Fill = price per square foot; ring = by realized $/sqft per unit. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from BeachesMLS; for orientation, not an appraisal.

15-Second Take
  • Higher floors and direct ocean exposure hold value best
  • Renovated units trade above original ones on the same line
  • Lake and Intracoastal-side lines trade below comparable ocean-facing ones
  • The view and the floor are what you cannot renovate
  • Read the line, the exposure, and the reserves before the finishes

In a full-service oceanfront condominium, the floor and the ocean exposure are the part of your money the market gives back at resale. The Addison's direct oceanfront position on the East Boca Raton barrier island is scarce and cannot be reproduced, while the interior finishes can always be updated. Confirm the exposure, the floor, the building's reserves, and the inspection status, then price the unit against its true comparable line rather than a building-wide average.

The Addison in 15 seconds.

Best forBuyers who want a guarded, full-service oceanfront condominium in East Boca Raton with ocean, lake, and Intracoastal views.
Strong onA prime barrier-island location minutes from the beaches, Mizner Park, and downtown Boca Raton, with full-service amenities.
WatchThe condominium budget and reserves, the milestone inspection status given the building's age, the rental rules, and oceanfront insurance costs.
Not forBuyers who want an attainable price point, new construction, or a single-family home with a yard.
The edgeA direct oceanfront, full-service position on the barrier island cannot be reproduced, so the right floor and exposure are the durable part of the value.

HOA, CDD & Fees

15-Second Take
  • A full-service oceanfront building from the mid-1980s, since renovated
  • Confirm the dues, the reserve study, and any assessment in writing
  • The view, the floor, and the line set the floor on resale
  • Confirm the milestone inspection status for an established building
  • Verify the rental rules before relying on them

The Addison is a guarded, full-service oceanfront condominium with association dues covering the building, the staffed services, amenities, and common areas; reported figures vary and an established building can carry higher costs and assessments. Confirm the current dues, the reserve study, and any pending special assessment in writing for a specific unit.

Reported to cover the doorman and concierge, valet parking, building maintenance, common-area insurance, and amenities. Confirm the exact inclusions and the reserves for a specific unit.

The building is reported to offer full-service amenities, including a doorman and concierge, an on-site restaurant, multiple pools, valet parking, and a fitness center; confirm the current amenity list and any usage terms with the association.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In The Addison, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping The Addison, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your The Addison home worth?

Get a no-obligation home value based on real comparable sales in The Addison matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in The Addison on the map →
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Real comps, not a Zestimate.

The Addison Market Scorecard

Buyer's Market

The Addison is currently a buyer's market. About 84.0 months of supply, a median asking price of $2,995,000, and homes go under contract in about 139 days.

84.0
Months supply
$2,995,000
Median list
$3,500,000
Median sold
$1254
Per sqft
139
Days on mkt
7/1/1
Active/Pend/Sold

Typical home value in the 33432 ZIP is $1,044,099, about 122.6% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: BeachesMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is The Addison oceanfront?
Yes. It is reported as a guarded, full-service oceanfront condominium on South Ocean Boulevard in East Boca Raton, with reported views over the Atlantic, Lake Boca Raton, and the Intracoastal. Confirm the exposure for a specific unit.
When was The Addison built?
The twin towers are reported to date to the mid-1980s and have since been substantially renovated. Confirm the unit's condition and the building's reserve and inspection status before relying on them.
What amenities does The Addison have?
The building is reported to offer full-service amenities, including a doorman and concierge, an on-site restaurant, multiple pools, valet parking, and a fitness center. Confirm the current amenity list with the association.
What do the HOA dues cover?
The dues are reported to cover the staffed services, building maintenance, amenities, and common-area insurance. Confirm the current dues, the reserves, and any pending assessment in writing for a specific unit.
Are rentals allowed at The Addison?
Rental rules vary by building and by unit. Confirm whether and how the association permits leasing, including any minimum lease term, for a specific unit before relying on it.
Does The Addison have a CDD fee?
It is a condominium building rather than a CDD-financed master plan, but you should confirm whether any special assessment applies to a specific unit as a matter of course, given the building's age.
What kinds of units are at The Addison?
Reported unit sizes start around 2,100 square feet with larger residences above 3,000, across twin towers with roughly 169 units in total. Confirm the floor plan and exposure for a specific unit.
How far is The Addison from the beach?
The Boca Raton public beaches are essentially at the door on the barrier island, with Mizner Park and downtown Boca Raton minutes away.
What schools serve The Addison?
The building is part of the School District of Palm Beach County, with assignments in the East Boca Raton area. School assignment is by address and changes periodically, so confirm the exact zoned schools for a specific unit with the district.
Is The Addison a good investment?
The direct oceanfront position, the full-service building, and the prime barrier-island location support resale here, with the view, the floor, and the renovation level driving the outcome. As an established building, reserves and inspection requirements matter; this is not a guarantee of future value.
How far is The Addison from downtown Boca Raton?
Downtown Boca Raton, Mizner Park, and Royal Palm Place are roughly five to ten minutes away, with I-95 and the Boca Raton Airport a short drive west.
Should I use the listing agent to buy at The Addison?
No. The listing agent works for the seller. On an oceanfront purchase where the budget, the reserves, and the view swing value, having your own representation is the highest-leverage decision you make.
What is the East Boca Raton area like?
It is a prime barrier-island stretch with the public beaches, the Boca Raton Resort, and minutes to Mizner Park and downtown Boca Raton's dining, shops, and culture.
You want a guarded, full-service oceanfront condominium in East Boca RatonExcellent fit
You value a doorman, concierge, dining, and valet in the buildingExcellent fit
You are comfortable reading an established building's reserves, budget, and inspection statusExcellent fit
You want ocean, lake, and Intracoastal views minutes from downtown Boca RatonExcellent fit
You will confirm the budget, the reserves, and the rental rules in writingExcellent fit
You are seeking an attainable price point rather than luxury oceanfrontProbably not
You want a new-construction building rather than a renovated established oneProbably not
You want a single-family home with a yard rather than a condominiumProbably not
You are unwilling to confirm the condominium budget, reserves, and rental rulesProbably not
You want the lowest possible carrying cost on the waterProbably not

Get the inside read on The Addison

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your The Addison home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty The Addison specialist will reach out personally, usually the same day.

BeachesMLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing photos provided by BeachesMLS, Inc. Information deemed reliable but not guaranteed.

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