| Location Address | 5505 N OCEAN BLVD 8-203 |
| Municipality | OCEAN RIDGE |
| Parcel Control Number | 46-43-45-34-38-003-2030 |
| Subdivision | COLONIAL RIDGE CORP 5505 N OCEAN BLVD OCEAN RIDGE FL |
| Official Records Book/Page | 32051 / 235 |
| Sale Date | 12/07/2020 |
| Legal Description | COLONIAL RIDGE CORP FAIRFAX APT 203 |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
ALTERMAN KARL |
5505 N OCEAN BLVD APT 8-203
BOYNTON BEACH FL 33435 8707 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 12/07/2020 | $120,000 | 32051 / 00235 | PRIOR LEASE-COOP | ALTERMAN KARL |
| 04/01/1999 | $52,000 | 11078 / 01269 | PRIOR LEASE-COOP | DONNER NAOMI E |
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.
- Save Our Homes (SOH) Base Year : 2021
- Exemption Year : 2025
| Applicant/Owner(s) | Year | Detail | ||
|---|---|---|---|---|
| ALTERMAN KARL | 2025 | HOMESTEAD | ||
| ALTERMAN KARL | 2025 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| BAS Base Area | 1015 |
| FSP Finished Screened Porch | 60 |
| Total Square Footage | 1075 |
| Area Under Air | 1015 |
| Number of Units | 1 |
| Total Square Feet* | 1011 |
| Acres | |
| Property Use Code | 0510—COOPERATIVE |
| Zoning | RMM—MEDIUM DENSITY MULTI-FAMILY (46-OCEAN RIDGE) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 1
| Name | COLONIAL RIDGE CORP |
| Area | 1011 |
| Year Built | 1969 |
| No of Bedroom(s) | 1 |
| No of Bath(s) | 1 |
| No of Half Bath(s) | 1 |
| 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 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Screen Enclosure | 1980 | 96 |
Property Land Details
|
No Land Details Available |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $216,143 | $205,132 | $206,132 | $122,332 | $113,106 |
| Land Value | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $216,143 | $205,132 | $206,132 | $122,332 | $113,106 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $216,143 | $205,132 | $206,132 | $122,332 | $113,106 | $124,106 | $124,106 | $133,084 | $118,000 | $108,000 |
| Land Value | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $216,143 | $205,132 | $206,132 | $122,332 | $113,106 | $124,106 | $124,106 | $133,084 | $118,000 | $108,000 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $127,178 | $123,594 | $119,994 | $116,499 | $113,106 |
| Exemption Amount | $50,722 | $50,000 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $76,456 | $73,594 | $69,994 | $66,499 | $63,106 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $127,178 | $123,594 | $119,994 | $116,499 | $113,106 | $124,106 | $124,106 | $119,874 | $108,900 | $99,000 |
| Exemption Amount | $50722 | $50000 | $50000 | $50000 | $50000 | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $76,456 | $73,594 | $69,994 | $66,499 | $63,106 | $124,106 | $124,106 | $119,874 | $108,900 | $99,000 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $1,555 | $1,499 | $1,447 | $1,418 | $1,397 |
| NON AD VALOREM | $116 | $107 | $103 | $100 | $96 |
| TOTAL TAX | $1,671 | $1,606 | $1,550 | $1,518 | $1,493 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $1,555 | $1,499 | $1,447 | $1,418 | $1,397 | $2,412 | $2,438 | $2,377 | $2,163 | $2,031 |
| NON AD VALOREM | $116 | $107 | $103 | $100 | $96 | $95 | $97 | $98 | $98 | $97 |
| TOTAL TAX | $1,671 | $1,606 | $1,550 | $1,518 | $1,493 | $2,507 | $2,535 | $2,475 | $2,261 | $2,128 |
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.