Property detail

Location Address 2525 FLORIDA BLVD 427
Municipality DELRAY BEACH
Parcel Control Number 12-43-46-28-26-007-4270
Subdivision TROPIC BAY COND 1,2,3,4,5,6,7, 8,9,10,11,16 & 17
Official Records Book/Page 34157 / 130
Sale Date 02/27/2023
Legal Description TROPIC BAY COND NO 7 UNIT 427 BLDG 7

Owner INFORMATION

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Owner(s) Mailing Address
KRATOUNIS JOHN
JOHN KRATOUNIS TR TITL HLDR
KRATOUNIS JOHN TR
2525 FLORIDA BLVD APT 427
DELRAY BEACH FL 33483 4938

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
02/27/2023 $405,000 34157 / 00130 WARRANTY DEED KRATOUNIS JOHN TRUST
04/08/2003 $125,000 15141 / 00424 WARRANTY DEED WILLWERTH JAMES &
11/01/1983 $79,000 04123 / 01106 WARRANTY DEED
07/01/1983 $100 04045 / 01095 REP DEED
01/01/1978 $48,900 02894 / 00743 WARRANTY DEED

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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  • Save Our Homes (SOH) Base Year : 2024
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
KRATOUNIS JOHN 2025 HOMESTEAD
KRATOUNIS JOHN 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage

No Data Found.


Number of Units 1
Total Square Feet* 1200
Acres
Property Use Code 0400—CONDOMINIUM
Zoning RM—RM-MULTIPLE FAMILY (MEDIUM) (12-DELRAY BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Name TROPIC BAY 1 THRU 17 CONDO
Area 1200
Year Built 1973
No of Bedroom(s) 2
No of Bath(s) 2
No of Half Bath(s)
Exterior Wall 1 MSY: CB STUCCO
Air Condition DESC HTG & AC
Heat Type FORCED AIR DUCT
Exterior Wall 2 NONE
Roof Structure PRESTRESSED CONCRETE
Roof Cover MIN. ROOFING (CORR/SH.M)
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

No Extra Feature Available

Property Land Details

No Land Details Available

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $234,500 $279,500 $287,500 $253,550 $193,000
Land Value $0 $0 $0 $0 $0
Total Market Value $234,500 $279,500 $287,500 $253,550 $193,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $234,500 $279,500 $287,500 $253,550 $193,000 $178,000 $173,000 $173,000 $173,000 $148,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $234,500 $279,500 $287,500 $253,550 $193,000 $178,000 $173,000 $173,000 $173,000 $148,000

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $234,500 $279,500 $113,547 $110,240 $107,029
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $183,778 $229,500 $63,547 $60,240 $57,029
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $234,500 $279,500 $113,547 $110,240 $107,029 $105,551 $103,178 $101,254 $99,171 $97,131
Exemption Amount $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $183,778 $229,500 $63,547 $60,240 $57,029 $55,551 $53,178 $51,254 $49,171 $47,131

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $3,554 $4,335 $1,362 $1,336 $1,322
NON AD VALOREM $179 $143 $135 $129 $125
TOTAL TAX $3,732 $4,478 $1,497 $1,465 $1,447
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $3,554 $4,335 $1,362 $1,336 $1,322 $1,306 $1,273 $1,196 $1,179 $1,173
NON AD VALOREM $179 $143 $135 $129 $125 $124 $126 $127 $127 $126
TOTAL TAX $3,732 $4,478 $1,497 $1,465 $1,447 $1,430 $1,399 $1,323 $1,307 $1,299

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.