Property detail

Location Address 2505 S OCEAN BLVD 7140
Municipality PALM BEACH
Parcel Control Number 50-43-44-23-01-000-7140
Subdivision PRESIDENT OF PALM BEACH COND DECL IN
Official Records Book/Page 31995 / 202
Sale Date 12/07/2020
Legal Description PRESIDENT OF PALM BEACH COND UNIT 714

Owner INFORMATION

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Owner(s) Mailing Address
LEI & LU FAMILY LIVING TRUST
LEI THOMAS D TR &
LU KATHERINE W TR
12575 LA CRESTA DR
LOS ALTOS CA 94022 2510

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
12/07/2020 $400,000 31995 / 00202 WARRANTY DEED LEI & LU FAMILY LIVING TRUST
12/30/2015 $255,000 28024 / 00026 WARRANTY DEED CICCARELLI MARYANN
06/15/2007 $10 21854 / 01527 LIFE ESTATE SELINGER MARIANNE R
04/01/1996 $100 09247 / 01412 WARRANTY DEED
11/01/1982 $100,000 03821 / 00005 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)

Request Structural Details Change

*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 $520,000 $550,000 $505,000 $397,800 $320,000
Land Value $0 $0 $0 $0 $0
Total Market Value $520,000 $550,000 $505,000 $397,800 $320,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $520,000 $550,000 $505,000 $397,800 $320,000 $315,000 $300,000 $275,000 $275,000 $235,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $520,000 $550,000 $505,000 $397,800 $320,000 $315,000 $300,000 $275,000 $275,000 $235,000

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 $468,512 $425,920 $387,200 $352,000 $320,000
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $468,512 $425,920 $387,200 $352,000 $320,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $468,512 $425,920 $387,200 $352,000 $320,000 $315,000 $300,000 $275,000 $258,500 $235,000
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $468,512 $425,920 $387,200 $352,000 $320,000 $315,000 $300,000 $275,000 $258,500 $235,000

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $7,293 $7,117 $6,574 $5,753 $5,192
NON AD VALOREM $381 $372 $343 $340 $362
TOTAL TAX $7,673 $7,489 $6,917 $6,093 $5,554
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $7,293 $7,117 $6,574 $5,753 $5,192 $5,196 $5,033 $4,482 $4,417 $4,042
NON AD VALOREM $381 $372 $343 $340 $362 $358 $359 $363 $357 $97
TOTAL TAX $7,673 $7,489 $6,917 $6,093 $5,554 $5,553 $5,393 $4,844 $4,775 $4,139

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.