Property detail

Location Address 2780 S OCEAN BLVD 502
Municipality PALM BEACH
Parcel Control Number 50-43-44-23-12-000-5020
Subdivision AMBASSADOR II CORP 2780 S OCEAN BLVD PALM BEACH FL
Official Records Book/Page 27980 / 213
Sale Date 11/05/2015
Legal Description AMBASSADOR II CORP APT 502

Owner INFORMATION

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Owner(s) Mailing Address
GIBSON RICHARD T &
GIBSON TERRI A
2780 S OCEAN BLVD APT 502
PALM BEACH FL 33480 5567

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
11/05/2015 $625,000 27980 / 00213 PRIOR LEASE-COOP GIBSON RICHARD T &
11/05/2015 $0 27980 / 00195 PRIOR LEASE-COOP DIMON THEODORE INDIVIDUALLY TRUSTEE
04/01/1996 $150,000 09236 / 00546 PRIOR LEASE-COOP DIMON THEODORE
04/01/1996 $150,000 09236 / 00054 PRIOR LEASE-COOP

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* 1294
Acres
Property Use Code 0510—COOPERATIVE
Zoning R-D(2)—HEAVY DENSITY RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Name AMBASSADOR II CORP
Area 1294
Year Built 1968
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 PRESTRESSED CONCRETE
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 $1,075,000 $1,075,000 $990,000 $706,250 $477,000
Land Value $0 $0 $0 $0 $0
Total Market Value $1,075,000 $1,075,000 $990,000 $706,250 $477,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $1,075,000 $1,075,000 $990,000 $706,250 $477,000 $477,000 $477,000 $477,000 $477,000 $437,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $1,075,000 $1,075,000 $990,000 $706,250 $477,000 $477,000 $477,000 $477,000 $477,000 $437,000

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 $1,075,000 $521,230 $506,049 $491,310 $477,000
Exemption Amount $0 $50,000 $50,000 $50,000 $50,000
Taxable Value $1,075,000 $471,230 $456,049 $441,310 $427,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $1,075,000 $521,230 $506,049 $491,310 $477,000 $477,000 $477,000 $477,000 $477,000 $437,000
Exemption Amount $0 $50000 $50000 $50000 $50000 $0 $0 $0 $0 $0
Taxable Value $1,075,000 $471,230 $456,049 $441,310 $427,000 $477,000 $477,000 $477,000 $477,000 $437,000

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $15,986 $7,165 $7,008 $7,001 $7,100
NON AD VALOREM $416 $406 $375 $372 $397
TOTAL TAX $16,402 $7,572 $7,383 $7,373 $7,497
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $15,986 $7,165 $7,008 $7,001 $7,100 $7,868 $8,003 $7,774 $7,945 $7,516
NON AD VALOREM $416 $406 $375 $372 $397 $392 $394 $398 $391 $97
TOTAL TAX $16,402 $7,572 $7,383 $7,373 $7,497 $8,260 $8,397 $8,171 $8,337 $7,613

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.