Property detail

Field Value
Location Address 240 OCEAN TER
Municipality PALM BEACH
Parcel Control Number 50-43-43-03-03-000-0180
Subdivision OCEAN TERRACE IN
Official Records Book/Page 29470 / 63
Sale Date 11/13/2017
Legal Description OCEAN TERRACE LT 18

Owner INFORMATION

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Owner(s) Mailing Address Actions
AJ PALM BEACH LLC
344 LAKE FORREST LN NE
ATLANTA GA 30342 3214

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
11/13/2017 $2,875,000 29470 / 00063 WARRANTY DEED AJ PALM BEACH LLC
11/01/2016 $10 28686 / 00144 QUIT CLAIM HEYNIGER SEAN &
07/28/2016 $2,600,000 28491 / 01149 WARRANTY DEED HEYNIGER SEAN
02/05/2016 $3,250,000 28092 / 00135 WARRANTY DEED 240 OCEAN TERRACE LLC
03/14/2012 $1,218,700 25090 / 01481 DEED OF TRUST 240 OT LLC
08/23/2011 $10 24766 / 00224 WARRANTY DEED LIGGETT JACK LESTER G
07/01/1992 $312,000 07321 / 00610 WARRANTY DEED
01/01/1980 $100 03213 / 00896 DEC OF CONDOMINUM
01/01/1969 $50,000 01761 / 01482

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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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 589
FOP Finished Open Porch 132
FGR Finished Garage 322
BAS Base Area 1980
Total Square Footage 3023
Area Under Air 2569

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 3023
Acres .27
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Bldg Type EXC-RESIDENT
Exterior Wall 1 MSY: CB STUCCO
Year Built 1947
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 3
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 PLASTER
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 CARPETING
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 2019 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.2680

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $206,760 $215,186 $190,560 $598,341 $364,345
Land Value $6,106,025 $6,166,775 $6,491,300 $5,087,381 $4,074,575
Total Market Value $6,312,785 $6,381,961 $6,681,860 $5,685,722 $4,438,920
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $206,760 $215,186 $190,560 $598,341 $364,345 $214,142 $82,567 $181,539 $159,608 $161,790
Land Value $6,106,025 $6,166,775 $6,491,300 $5,087,381 $4,074,575 $2,556,825 $2,375,863 $2,159,875 $2,159,875 $2,036,071
Total Market Value $6,312,785 $6,381,961 $6,681,860 $5,685,722 $4,438,920 $2,770,967 $2,458,430 $2,341,414 $2,319,483 $2,197,861

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $4,355,259 $3,959,326 $3,599,387 $3,272,170 $2,974,700
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $4,355,259 $3,959,326 $3,599,387 $3,272,170 $2,974,700
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $4,355,259 $3,959,326 $3,599,387 $3,272,170 $2,974,700 $2,704,273 $2,458,430 $2,341,414 $2,319,483 $2,197,861
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $4,355,259 $3,959,326 $3,599,387 $3,272,170 $2,974,700 $2,704,273 $2,458,430 $2,341,414 $2,319,483 $2,197,861

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $76,865 $74,185 $72,987 $64,708 $55,639
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $77,831 $75,138 $73,930 $65,576 $56,503
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $76,865 $74,185 $72,987 $64,708 $55,639 $44,336 $40,549 $39,283 $37,801 $36,609
NON AD VALOREM $966 $954 $943 $868 $864 $931 $916 $917 $924 $905
TOTAL TAX $77,831 $75,138 $73,930 $65,576 $56,503 $45,267 $41,466 $40,200 $38,725 $37,515

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.