Property detail

Location Address 2505 S OCEAN BLVD 7040
Municipality PALM BEACH
Parcel Control Number 50-43-44-23-01-000-7040
Subdivision PRESIDENT OF PALM BEACH COND DECL IN
Official Records Book/Page 26763 / 1841
Sale Date 04/24/2014
Legal Description PRESIDENT OF PALM BEACH COND UNIT 704-706

Owner INFORMATION

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Owner(s) Mailing Address
AXELROD TERRY &
SHAPIRO HEATHER
1 ST THOMAS STREET APT 11B TORONTO ON M5S3M5 CANADA

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
04/24/2014 $385,000 26763 / 01841 WARRANTY DEED AXELROD TERRY &
04/20/2010 $300,000 23806 / 01732 WARRANTY DEED CUADRA ALBERT &
10/29/2007 $10 22239 / 00241 QUIT CLAIM BAILEN BURTON TRUST
11/01/1988 $100 05869 / 01462 QUIT CLAIM
01/01/1973 $67,500 02102 / 00294 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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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 1974
FOP Finished Open Porch 468
Total Square Footage 2442
Area Under Air 1974

Number of Units 1
Total Square Feet* 1905
Acres
Property Use Code 0400—CONDOMINIUM
Zoning R-C—MEDIUM DENSITY RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Name PRESIDENT OF PALM BEACH CONDO
Area 1905
Year Built 1970
No of Bedroom(s) 2
No of Bath(s) 2
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 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 $645,000 $645,000 $585,000 $485,550 $385,000
Land Value $0 $0 $0 $0 $0
Total Market Value $645,000 $645,000 $585,000 $485,550 $385,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $645,000 $645,000 $585,000 $485,550 $385,000 $375,000 $355,000 $325,000 $325,000 $275,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $645,000 $645,000 $585,000 $485,550 $385,000 $375,000 $355,000 $325,000 $325,000 $275,000

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 $563,679 $512,435 $465,850 $423,500 $385,000
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $563,679 $512,435 $465,850 $423,500 $385,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $563,679 $512,435 $465,850 $423,500 $385,000 $375,000 $355,000 $325,000 $302,500 $275,000
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $563,679 $512,435 $465,850 $423,500 $385,000 $375,000 $355,000 $325,000 $302,500 $275,000

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $8,896 $8,457 $7,763 $6,967 $6,247
NON AD VALOREM $381 $372 $343 $340 $362
TOTAL TAX $9,277 $8,829 $8,106 $7,307 $6,609
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $8,896 $8,457 $7,763 $6,967 $6,247 $6,185 $5,956 $5,297 $5,191 $4,730
NON AD VALOREM $381 $372 $343 $340 $362 $358 $359 $363 $357 $97
TOTAL TAX $9,277 $8,829 $8,106 $7,307 $6,609 $6,543 $6,315 $5,659 $5,548 $4,827

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.