| Location Address | 2784 S OCEAN BLVD 502 S |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-44-23-05-002-5020 |
| Subdivision | COVE COND |
| Official Records Book/Page | 31120 / 440 |
| Sale Date | 12/18/2019 |
| Legal Description | COVE COND UNIT 502-S |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
LEE RICHARD S LEE RICHARD S TR RICHARD LEE TR TITL HLDR |
2784 S OCEAN BLVD APT 502S
PALM BEACH FL 33480 5505 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 12/18/2019 | $1 | 31120 / 00440 | QUIT CLAIM | LEE RICHARD S TRUST |
| 03/14/2013 | $715,000 | 25875 / 00856 | WARRANTY DEED | LEE RICHARD S |
| 03/30/2004 | $515,600 | 16736 / 00242 | WARRANTY DEED | GLEASON GRACE E |
| 05/01/1987 | $100 | 05350 / 01266 | WARRANTY DEED | |
| 01/01/1975 | $105,900 | 02469 / 01040 | 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.
- Save Our Homes (SOH) Base Year : 2014
- Exemption Year : 2025
| Applicant/Owner(s) | Year | Detail | ||
|---|---|---|---|---|
| LEE RICHARD S | 2025 | HOMESTEAD | ||
| LEE RICHARD S | 2025 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
No Data Found. |
| Number of Units | 1 |
| Total Square Feet* | 1777 |
| 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 | COVE CONDO |
| Area | 1777 |
| Year Built | 1975 |
| No of Bedroom(s) | 3 |
| 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 |
| Roof Structure | PRESTRESSED CONCRETE |
| Roof Cover | ROLLED COMPOSITION |
| Interior Wall 1 | DRYWALL |
| Floor Type 1 | CARPETING |
| Floor Type 2 | CERAMIC/QUARRY TILE |
| Stories | 1 |
Sketch
for Building 1
Property Extra Features
|
No Extra Feature Available |
Property Land Details
|
No Land Details Available |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $1,250,000 | $1,250,000 | $1,130,000 | $976,950 | $775,000 |
| Land Value | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $1,250,000 | $1,250,000 | $1,130,000 | $976,950 | $775,000 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $1,250,000 | $1,250,000 | $1,130,000 | $976,950 | $775,000 | $740,000 | $740,000 | $680,000 | $680,000 | $680,000 |
| Land Value | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $1,250,000 | $1,250,000 | $1,130,000 | $976,950 | $775,000 | $740,000 | $740,000 | $680,000 | $680,000 | $680,000 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $742,009 | $721,097 | $700,094 | $679,703 | $659,906 |
| Exemption Amount | $50,722 | $50,000 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $691,287 | $671,097 | $650,094 | $629,703 | $609,906 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $742,009 | $721,097 | $700,094 | $679,703 | $659,906 | $650,795 | $636,163 | $624,301 | $611,460 | $598,883 |
| Exemption Amount | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $691,287 | $671,097 | $650,094 | $629,703 | $609,906 | $600,795 | $586,163 | $574,301 | $561,460 | $548,883 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $10,443 | $10,137 | $9,921 | $9,920 | $10,068 |
| NON AD VALOREM | $116 | $107 | $103 | $100 | $96 |
| TOTAL TAX | $10,559 | $10,244 | $10,024 | $10,020 | $10,164 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $10,443 | $10,137 | $9,921 | $9,920 | $10,068 | $10,085 | $10,013 | $9,524 | $9,521 | $9,618 |
| NON AD VALOREM | $116 | $107 | $103 | $100 | $96 | $412 | $414 | $418 | $411 | $97 |
| TOTAL TAX | $10,559 | $10,244 | $10,024 | $10,020 | $10,164 | $10,497 | $10,427 | $9,941 | $9,932 | $9,715 |
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.