Property detail

Field Value
Location Address 1240 BIMINI LN
Municipality RIVIERA BEACH
Parcel Control Number 56-43-42-22-02-000-0510
Subdivision PALM BEACH ISLES PL 1 IN
Official Records Book/Page 10351 / 1197
Sale Date 04/12/1998
Legal Description PALM BEACH ISLES PL 1 LT 51

Owner INFORMATION

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Owner(s) Mailing Address Actions
DOWNEY STARR L
DOWNEY THOMAS F &
1240 BIMINI LN
RIVIERA BEACH FL 33404 2707

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
04/12/1998 $282,500 10351 / 01197 WARRANTY DEED DOWNEY THOMAS F & STARR L
10/01/1991 $240,000 06985 / 01955 WARRANTY DEED
03/01/1989 $100 06090 / 00415 QUIT CLAIM
05/01/1985 $240,000 04561 / 01178 WARRANTY DEED
01/01/1977 $89,000 02692 / 00589

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 : 2002
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
DOWNEY THOMAS F & 2026 HOMESTEAD
DOWNEY THOMAS F & 2026 ADDITIONAL HOMESTEAD
DOWNEY STARR L 2026 HOMESTEAD
DOWNEY STARR L 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FOP Finished Open Porch 45
FGR Finished Garage 525
BAS Base Area 2079
SFB Semi Finished Base Area 600
Total Square Footage 3249
Area Under Air 2679

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 3249
Acres .25
Property Use Code 0100—SINGLE FAMILY
Zoning RS-5—SINGLE FAMILY DWELLING (RS-5) (56-RIVIERA BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Bldg Type SFR
Exterior Wall 1 MSY: CB STUCCO
Year Built 1960
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 3
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CERAMIC/QUARRY TILE
Floor Type 2 N/A
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Boat Dock 1960 240
Pool - In-Ground 1982 1

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL CANAL RS-5 0.2525

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $397,597 $403,146 $415,519 $160,415 $125,693
Land Value $1,900,000 $1,850,000 $1,746,594 $1,715,952 $1,392,776
Total Market Value $2,297,597 $2,253,146 $2,162,113 $1,876,367 $1,518,469
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $397,597 $403,146 $415,519 $160,415 $125,693 $115,591 $120,980 $122,573 $114,659 $115,587
Land Value $1,900,000 $1,850,000 $1,746,594 $1,715,952 $1,392,776 $952,000 $800,000 $792,000 $810,244 $710,740
Total Market Value $2,297,597 $2,253,146 $2,162,113 $1,876,367 $1,518,469 $1,067,591 $920,980 $914,573 $924,903 $826,327

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $645,685 $628,710 $610,991 $593,195 $575,917
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $594,274 $577,988 $560,991 $543,195 $525,917
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $645,685 $628,710 $610,991 $593,195 $575,917 $559,143 $551,423 $539,025 $528,974 $518,094
Exemption Amount $51411 $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $594,274 $577,988 $560,991 $543,195 $525,917 $509,143 $501,423 $489,025 $478,974 $468,094

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $12,980 $12,074 $11,720 $11,434 $11,287
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $13,197 $12,279 $11,914 $11,622 $11,471
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $12,980 $12,074 $11,720 $11,434 $11,287 $11,261 $11,181 $11,017 $10,517 $10,423
NON AD VALOREM $217 $205 $194 $188 $184 $178 $173 $175 $175 $172
TOTAL TAX $13,197 $12,279 $11,914 $11,622 $11,471 $11,439 $11,354 $11,192 $10,692 $10,595

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.