Property detail

Location Address 5505 N OCEAN BLVD 12-205
Municipality OCEAN RIDGE
Parcel Control Number 46-43-45-34-38-002-2050
Subdivision COLONIAL RIDGE CORP 5505 N OCEAN BLVD OCEAN RIDGE FL
Official Records Book/Page 34356 / 1792
Sale Date 06/03/2023
Legal Description COLONIAL RIDGE CORP CONCORD APT 205

Owner INFORMATION

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Owner(s) Mailing Address
KASSELAKIS GEORGE
GEORGE KASSELAKIS ET AL TR TITL HLDRS
KASSELAKIS GEORGE TR
KASSELAKIS JOHN ANTHONY TR
KASSELAKIS KYLES STEFANIE TR
5505 N OCEAN BLVD APT 12-205
OCEAN RIDGE FL 33435 8703

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/03/2023 $345,000 34356 / 01792 PRIOR LEASE-COOP KASSELAKIS GEORGE TRUST
04/03/2017 $210,000 29064 / 01359 PRIOR LEASE-COOP 1988 FAMILY TRUST
05/31/2012 $10 25233 / 00257 PRIOR LEASE-COOP KINSMAN MADELINE

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 : 2025
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
KASSELAKIS GEORGE 2025 HOMESTEAD
KASSELAKIS GEORGE 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 962
FEP Finished Enclosed Porch 65
Total Square Footage 1027
Area Under Air 962

Number of Units 1
Total Square Feet* 970
Acres
Property Use Code 0510—COOPERATIVE
Zoning RMM—MEDIUM DENSITY MULTI-FAMILY (46-OCEAN RIDGE)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Name COLONIAL RIDGE CORP
Area 970
Year Built 1969
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 WOOD TRUSS
Roof Cover CONCRETE TILE
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

Description Year Built Units
Finished Encl. Porch 2010 65

Property Land Details

No Land Details Available

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $291,659 $280,579 $281,586 $165,786 $152,592
Land Value $0 $0 $0 $0 $0
Total Market Value $291,659 $280,579 $281,586 $165,786 $152,592
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $291,659 $280,579 $281,586 $165,786 $152,592 $168,599 $168,910 $168,910 $168,000 $193,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $291,659 $280,579 $281,586 $165,786 $152,592 $168,599 $168,910 $168,910 $168,000 $193,000

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 2024 2023 2022 2021
Assessed Value $291,659 $280,579 $182,365 $165,786 $152,592
Exemption Amount $50,722 $0 $0 $0 $0
Taxable Value $240,937 $280,579 $182,365 $165,786 $152,592
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $291,659 $280,579 $182,365 $165,786 $152,592 $168,599 $168,910 $168,910 $104,305 $102,160
Exemption Amount $50722 $0 $0 $0 $0 $0 $0 $0 $50500 $50500
Taxable Value $240,937 $280,579 $182,365 $165,786 $152,592 $168,599 $168,910 $168,910 $53,805 $51,660

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $4,549 $5,112 $3,989 $3,130 $2,962
NON AD VALOREM $114 $107 $103 $100 $96
TOTAL TAX $4,663 $5,219 $4,092 $3,230 $3,058
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $4,549 $5,112 $3,989 $3,130 $2,962 $3,276 $3,318 $3,227 $1,207 $1,203
NON AD VALOREM $114 $107 $103 $100 $96 $95 $97 $98 $98 $97
TOTAL TAX $4,663 $5,219 $4,092 $3,230 $3,058 $3,371 $3,415 $3,325 $1,305 $1,300

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.