Property detail

Location Address 2840 S OCEAN BLVD 2050
Municipality PALM BEACH
Parcel Control Number 50-43-44-23-15-000-2050
Subdivision ROYAL SAXON INC 2840 S OCEAN BLVD PALM BEACH FL
Official Records Book/Page 35406 / 897
Sale Date 11/18/2024
Legal Description ROYAL SAXON INC APT 205

Owner INFORMATION

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Owner(s) Mailing Address
DRAZHI SERVETE
2840 S OCEAN BLVD APT 205
PALM BEACH FL 33480 5547

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
11/18/2024 $435,000 35406 / 00897 PRIOR LEASE-COOP DRAZHI SERVETE
09/11/2019 $135,000 30890 / 01010 PRIOR LEASE-COOP ASHLEY PAUL J &
09/03/2015 $145,000 27790 / 00324 PRIOR LEASE-COOP MOLLICA JOHN &
04/24/2014 $90,000 26763 / 01893 PRIOR LEASE-COOP MOLLICA JOHN &
07/12/2000 $10 11919 / 01608 PRIOR LEASE-COOP DEVANNEY MARY M EST
07/11/2000 $60,000 11919 / 01605 AGREEMENT DEED DEVANNEY MARY M
12/22/1999 $10 11919 / 01588 PRIOR LEASE-COOP LINNEHAN ROSEANNE
12/22/1999 $45,000 11526 / 01398 PRIOR LEASE-COOP LINNEMAN ROSEANNE
10/01/1997 $68,000 10066 / 00192 PRIOR LEASE-COOP
03/01/1990 $50,000 06699 / 00488 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
BAS Base Area 1
FUS Finished Upper Story 945
BLC Balcony 65
Total Square Footage 1011
Area Under Air 946

Number of Units 1
Total Square Feet* 935
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 ROYAL SAXON INC
Area 935
Year Built 1968
No of Bedroom(s) 1
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 $345,000 $310,000 $260,000 $181,125 $132,500
Land Value $0 $0 $0 $0 $0
Total Market Value $345,000 $310,000 $260,000 $181,125 $132,500
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $345,000 $310,000 $260,000 $181,125 $132,500 $132,500 $132,500 $122,500 $102,500 $102,500
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $345,000 $310,000 $260,000 $181,125 $132,500 $132,500 $132,500 $122,500 $102,500 $102,500

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 $345,000 $267,800 $260,000 $145,750 $132,500
Exemption Amount $0 $50,000 $50,000 $0 $0
Taxable Value $345,000 $217,800 $210,000 $145,750 $132,500
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $345,000 $267,800 $260,000 $145,750 $132,500 $132,500 $124,025 $112,750 $102,500 $102,500
Exemption Amount $0 $50000 $50000 $0 $0 $0 $0 $0 $0 $0
Taxable Value $345,000 $217,800 $210,000 $145,750 $132,500 $132,500 $124,025 $112,750 $102,500 $102,500

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $5,130 $3,397 $3,314 $2,489 $2,150
NON AD VALOREM $371 $362 $334 $331 $352
TOTAL TAX $5,501 $3,758 $3,648 $2,820 $2,502
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $5,130 $3,397 $3,314 $2,489 $2,150 $2,185 $2,142 $1,902 $1,707 $1,763
NON AD VALOREM $371 $362 $334 $331 $352 $348 $349 $353 $347 $97
TOTAL TAX $5,501 $3,758 $3,648 $2,820 $2,502 $2,533 $2,491 $2,254 $2,055 $1,860

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.