Property detail

Location Address 125 OCEAN AVE 506
Municipality PALM BEACH SHORES
Parcel Control Number 54-43-42-27-08-000-5060
Subdivision MAYAN TOWERS COND I
Official Records Book/Page 33223 / 1506
Sale Date 01/10/2022
Legal Description MAYAN TOWERS COND I APT 506

Owner INFORMATION

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Owner(s) Mailing Address
NEWMAN ROBERT J &
NEWMAN VALERIE
1 WYNFROMERE LN
WESTPORT CT 06880 5340

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
01/10/2022 $500,000 33223 / 01506 WARRANTY DEED NEWMAN ROBERT J &
12/12/2016 $240,000 28781 / 01938 WARRANTY DEED NEWMAN JOHN R
03/01/1989 $130,000 06020 / 01305 WARRANTY DEED STEFANY ROBERT F &
01/01/1973 $41,000 02147 / 00428 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.

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* 1064
Acres
Property Use Code 0400—CONDOMINIUM
Zoning D—MULTIPLE USE DISTRICT (54-PALM BEACH SHORES)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Name MAYAN TOWERS COND I
Area 1064
Year Built 1969
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 $440,000 $440,000 $440,000 $440,000 $215,000
Land Value $0 $0 $0 $0 $0
Total Market Value $440,000 $440,000 $440,000 $440,000 $215,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $440,000 $440,000 $440,000 $440,000 $215,000 $195,000 $195,000 $230,000 $200,000 $190,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $440,000 $440,000 $440,000 $440,000 $215,000 $195,000 $195,000 $230,000 $200,000 $190,000

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 $440,000 $440,000 $440,000 $203,662 $197,730
Exemption Amount $0 $0 $0 $50,000 $50,000
Taxable Value $440,000 $440,000 $440,000 $153,662 $147,730
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $440,000 $440,000 $440,000 $203,662 $197,730 $195,000 $195,000 $204,200 $200,000 $162,382
Exemption Amount $0 $0 $0 $50000 $50000 $50000 $50000 $50000 $50000 $0
Taxable Value $440,000 $440,000 $440,000 $153,662 $147,730 $145,000 $145,000 $154,200 $150,000 $162,382

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $8,619 $8,623 $8,686 $3,261 $3,228
NON AD VALOREM $116 $107 $103 $100 $96
TOTAL TAX $8,735 $8,730 $8,789 $3,361 $3,324
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $8,619 $8,623 $8,686 $3,261 $3,228 $3,200 $3,235 $3,264 $3,228 $3,585
NON AD VALOREM $116 $107 $103 $100 $96 $95 $97 $98 $98 $97
TOTAL TAX $8,735 $8,730 $8,789 $3,361 $3,324 $3,295 $3,332 $3,362 $3,326 $3,682

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.