Property detail

Location Address 340 S OCEAN BLVD 0260
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-07-000-0260
Subdivision LOWELL HOUSE COND LTS 53 & 54 BLK H ROYAL PARK ADD (PB4P1)
Official Records Book/Page 27503 / 1871
Sale Date 04/29/2015
Legal Description LOWELL HOUSE CONDOMINIUM UNIT NO PENTHOUSE 1

Owner INFORMATION

+ -
Owner(s) Mailing Address
WHEAT JAMES C III
340 S OCEAN BLVD UNIT PH 1
PALM BEACH FL 33480 4212

Sales INFORMATION

+ -
Sales Date Price OR Book/Page Sale Type Owner
04/29/2015 $3,645,000 27503 / 01871 WARRANTY DEED WHEAT JAMES C III
04/30/2013 $2,375,000 25997 / 01402 DEED OF TRUST MARSTON HELGA TRUST &
03/24/2006 $10 20412 / 00789 WARRANTY DEED MANESS CAROLYN J TR
03/03/2000 $865,000 11645 / 01793 WARRANTY DEED MANESS JOHN R
01/01/1988 $775,000 05954 / 01298 REP DEED
09/01/1987 $725,000 05437 / 00631 LIFE ESTATE
08/01/1986 $1,300,000 04974 / 01782 WARRANTY DEED
11/01/1983 $1,100,000 04086 / 01309 TAX 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

+ -
  • Save Our Homes (SOH) Base Year : 2021
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
WHEAT JAMES C III 2025 HOMESTEAD
WHEAT JAMES C III 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

+ -

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage

No Data Found.


Number of Units 1
Total Square Feet* 1809
Acres
Property Use Code 0400—CONDOMINIUM
Zoning R-D(2)—HEAVY DENSITY RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Name LOWELL HOUSE CONDO
Area 1809
Year Built 1967
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
Roof Structure PRESTRESSED CONCRETE
Roof Cover ROLLED COMPOSITION
Interior Wall 1 DRYWALL
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

+ -
Tax Year 2025 2024 2023 2022 2021
Improvement Value $4,500,000 $4,500,000 $4,500,000 $3,740,000 $3,150,000
Land Value $0 $0 $0 $0 $0
Total Market Value $4,500,000 $4,500,000 $4,500,000 $3,740,000 $3,150,000
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $4,500,000 $4,500,000 $4,500,000 $3,740,000 $3,150,000 $3,150,000 $3,150,000 $3,150,000 $3,150,000 $3,000,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $4,500,000 $4,500,000 $4,500,000 $3,740,000 $3,150,000 $3,150,000 $3,150,000 $3,150,000 $3,150,000 $3,000,000

All values are as of January 1st each year

Assessed & taxable values

+ -
Tax Year 2025 2024 2023 2022 2021
Assessed Value $3,541,911 $3,442,090 $3,341,835 $3,244,500 $3,150,000
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $3,491,189 $3,392,090 $3,291,835 $3,194,500 $3,100,000
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $3,541,911 $3,442,090 $3,341,835 $3,244,500 $3,150,000 $3,150,000 $3,150,000 $3,150,000 $3,150,000 $3,000,000
Exemption Amount $50722 $50000 $50000 $50000 $50000 $0 $0 $0 $0 $0
Taxable Value $3,491,189 $3,392,090 $3,291,835 $3,194,500 $3,100,000 $3,150,000 $3,150,000 $3,150,000 $3,150,000 $3,000,000

Taxes

+ -
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $52,073 $50,600 $49,580 $49,662 $50,470
NON AD VALOREM $114 $107 $103 $100 $96
TOTAL TAX $52,187 $50,707 $49,683 $49,762 $50,566
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $52,073 $50,600 $49,580 $49,662 $50,470 $51,956 $52,849 $51,336 $52,469 $51,600
NON AD VALOREM $114 $107 $103 $100 $96 $95 $97 $98 $98 $97
TOTAL TAX $52,187 $50,707 $49,683 $49,762 $50,566 $52,051 $52,946 $51,434 $52,567 $51,697

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.