Property detail

Location Address 2505 S OCEAN BLVD 7050
Municipality PALM BEACH
Parcel Control Number 50-43-44-23-01-000-7050
Subdivision PRESIDENT OF PALM BEACH COND DECL IN
Official Records Book/Page 29898 / 717
Sale Date 05/30/2018
Legal Description PRESIDENT OF PALM BEACH COND UNIT 705

Owner INFORMATION

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Owner(s) Mailing Address
SIBSON BRUCE W &
SIBSON DEMRY W
137 GREYMON DR
WEST PALM BCH FL 33405 1917

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
05/30/2018 $10 29898 / 00717 QUIT CLAIM SIBSON BRUCE W &
03/27/2018 $372,000 29747 / 01717 WARRANTY DEED COME DOWN EASY LLC
06/01/1999 $143,500 11180 / 01814 WARRANTY DEED ROBBINS BARRY &
04/01/1994 $132,500 08258 / 00690 WARRANTY DEED
01/01/1974 $100 02363 / 01023 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

No Data Found.


Number of Units 1
Total Square Feet* 1116
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 1116
Year Built 1970
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 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 $525,000 $555,000 $505,000 $403,650 $285,000
Land Value $0 $0 $0 $0 $0
Total Market Value $525,000 $555,000 $505,000 $403,650 $285,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $525,000 $555,000 $505,000 $403,650 $285,000 $275,000 $265,000 $245,000 $245,000 $210,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $525,000 $555,000 $505,000 $403,650 $285,000 $275,000 $265,000 $245,000 $245,000 $210,000

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 $417,269 $379,335 $344,850 $313,500 $285,000
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $417,269 $379,335 $344,850 $313,500 $285,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $417,269 $379,335 $344,850 $313,500 $285,000 $275,000 $265,000 $245,000 $231,000 $210,000
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $417,269 $379,335 $344,850 $313,500 $285,000 $275,000 $265,000 $245,000 $231,000 $210,000

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $6,886 $6,750 $6,211 $5,445 $4,624
NON AD VALOREM $381 $372 $343 $340 $362
TOTAL TAX $7,267 $7,122 $6,555 $5,786 $4,986
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $6,886 $6,750 $6,211 $5,445 $4,624 $4,536 $4,446 $3,993 $3,942 $3,612
NON AD VALOREM $381 $372 $343 $340 $362 $358 $359 $363 $357 $97
TOTAL TAX $7,267 $7,122 $6,555 $5,786 $4,986 $4,894 $4,805 $4,355 $4,300 $3,709

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.