| Location Address | 2840 S OCEAN BLVD 5240 |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-44-23-15-000-5240 |
| Subdivision | ROYAL SAXON INC 2840 S OCEAN BLVD PALM BEACH FL |
| Official Records Book/Page | 28912 / 1678 |
| Sale Date | 02/21/2017 |
| Legal Description | ROYAL SAXON INC APT 524 |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
MCELHENNEY PATRICK NGU YAN & |
2840 S OCEAN BLVD APT 524
PALM BEACH FL 33480 5563 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 02/21/2017 | $166,950 | 28912 / 01678 | PRIOR LEASE-COOP | NGU YAN & |
| 12/14/2009 | $10 | 23604 / 00451 | QUIT CLAIM | NGU YAN & |
| 05/05/2009 | $145,000 | 23347 / 01367 | PRIOR LEASE-COOP | CESTARO PAMELA R |
| 01/09/2002 | $75,000 | 13301 / 01552 | PRIOR LEASE-COOP | KONSTANIAKOPOULOS NICKOLAOS & |
| 04/01/1999 | $65,000 | 11130 / 01390 | PRIOR LEASE-COOP | |
| 01/01/1900 | $56,000 | 04049 / 01195 |
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 : 2018
- Exemption Year : 2025
| Applicant/Owner(s) | Year | Detail | ||
|---|---|---|---|---|
| NGU YAN & | 2025 | HOMESTEAD | ||
| NGU YAN & | 2025 | ADDITIONAL HOMESTEAD | ||
| MCELHENNEY PATRICK | 2025 | HOMESTEAD | ||
| MCELHENNEY PATRICK | 2025 | ADDITIONAL HOMESTEAD |
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 |
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 | $315,000 | $315,000 | $277,000 | $218,500 | $135,000 |
| Land Value | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $315,000 | $315,000 | $277,000 | $218,500 | $135,000 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $315,000 | $315,000 | $277,000 | $218,500 | $135,000 | $140,000 | $140,000 | $130,000 | $110,000 | $120,000 |
| Land Value | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $315,000 | $315,000 | $277,000 | $218,500 | $135,000 | $140,000 | $140,000 | $130,000 | $110,000 | $120,000 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $119,975 | $116,594 | $113,198 | $109,901 | $106,700 |
| Exemption Amount | $50,722 | $50,000 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $69,253 | $66,594 | $63,198 | $59,901 | $56,700 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $119,975 | $116,594 | $113,198 | $109,901 | $106,700 | $105,227 | $102,861 | $100,943 | $93,273 | $91,355 |
| Exemption Amount | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $69,253 | $66,594 | $63,198 | $59,901 | $56,700 | $55,227 | $52,861 | $50,943 | $43,273 | $41,355 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $1,192 | $1,148 | $1,110 | $1,091 | $1,092 |
| NON AD VALOREM | $371 | $362 | $334 | $331 | $352 |
| TOTAL TAX | $1,563 | $1,510 | $1,445 | $1,422 | $1,444 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $1,192 | $1,148 | $1,110 | $1,091 | $1,092 | $1,086 | $1,066 | $995 | $890 | $888 |
| NON AD VALOREM | $371 | $362 | $334 | $331 | $352 | $348 | $349 | $353 | $347 | $97 |
| TOTAL TAX | $1,563 | $1,510 | $1,445 | $1,422 | $1,444 | $1,434 | $1,415 | $1,347 | $1,237 | $985 |
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.