Property detail

Location Address 2840 S OCEAN BLVD 5090
Municipality PALM BEACH
Parcel Control Number 50-43-44-23-15-000-5090
Subdivision ROYAL SAXON INC 2840 S OCEAN BLVD PALM BEACH FL
Official Records Book/Page 35012 / 1279
Sale Date 04/25/2024
Legal Description ROYAL SAXON INC APT 509

Owner INFORMATION

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Owner(s) Mailing Address
FORTUNATO LORENZO
2840 S OCEAN BLVD APT 509
PALM BEACH FL 33480 5563

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
04/25/2024 $301,000 35012 / 01279 PRIOR LEASE-COOP FORTUNATO LORENZO
09/24/2021 $197,500 33008 / 00632 PRIOR LEASE-COOP NELSON BRIAN G &
05/27/2005 $215,000 18696 / 00847 PRIOR LEASE-COOP MILLIS BERNARD &
02/09/2004 $135,000 16571 / 00633 PRIOR LEASE-COOP WALSH THOMAS J
05/25/2001 $62,500 12592 / 01057 PRIOR LEASE-COOP SAAD MICHELLE M
04/01/1990 $63,000 06409 / 00292 PRIOR LEASE-COOP TAMMINEN JUHANI

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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  • Save Our Homes (SOH) Base Year : 2025
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
FORTUNATO LORENZO 2025 HOMESTEAD
FORTUNATO LORENZO 2025 ADDITIONAL HOMESTEAD
FORTUNATO LORENZO 2025 QUALIFIED EXEMPTION

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 723
BLC Balcony 60
Total Square Footage 784
Area Under Air 724

Number of Units 1
Total Square Feet* 700
Acres
Property Use Code 0510—COOPERATIVE
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 ROYAL SAXON INC
Area 700
Year Built 1968
No of Bedroom(s) 1
No of Bath(s) 1
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 $255,000 $255,000 $235,000 $184,000 $110,000
Land Value $0 $0 $0 $0 $0
Total Market Value $255,000 $255,000 $235,000 $184,000 $110,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $255,000 $255,000 $235,000 $184,000 $110,000 $110,000 $110,000 $100,000 $90,000 $100,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $255,000 $255,000 $235,000 $184,000 $110,000 $110,000 $110,000 $100,000 $90,000 $100,000

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 $222,868 $222,640 $202,400 $184,000 $110,000
Exemption Amount $55,722 $0 $0 $0 $0
Taxable Value $167,146 $222,640 $202,400 $184,000 $110,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $222,868 $222,640 $202,400 $184,000 $110,000 $110,000 $108,900 $99,000 $90,000 $88,000
Exemption Amount $55722 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $167,146 $222,640 $202,400 $184,000 $110,000 $110,000 $108,900 $99,000 $90,000 $88,000

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $2,648 $3,515 $3,249 $2,851 $1,785
NON AD VALOREM $371 $362 $334 $331 $352
TOTAL TAX $3,019 $3,877 $3,583 $3,182 $2,137
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $2,648 $3,515 $3,249 $2,851 $1,785 $1,814 $1,835 $1,620 $1,499 $1,598
NON AD VALOREM $371 $362 $334 $331 $352 $348 $349 $353 $347 $97
TOTAL TAX $3,019 $3,877 $3,583 $3,182 $2,137 $2,162 $2,184 $1,973 $1,846 $1,695

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.