Property Detail
Location Address : 550 S OCEAN BLVD 1406
Municipality : BOCA RATON
Parcel Control Number : 06-43-47-28-08-001-1406
Subdivision : CHALFONTE COND
Official Records Book/Page : 32274 / 955
Sale Date : 02/23/2021
Legal Description : CHALFONTE COND APTS 1406 & 1408 BLDG SOUTH
Owner Information
Owner(s) Mailing Address
PATEL JITENDRA &
PATEL MIKSHA
 550 S OCEAN BLVD APT 1406
BOCA RATON FL 33432 6247
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
02/23/2021 $2,300,000 32274 / 00955 WARRANTY DEED PATEL JITENDRA &
05/09/2019 $850,000 30617 / 00477 DEED OF TRUST 550 S OCEAN 1408 LLC
07/18/2011 $10 24797 / 01126 DEED OF TRUST MONTAGUE GERTRUDE TRUST &
12/01/1995 $100 09039 / 01026 WARRANTY DEED MONTAGUE GERTRUDE TRUST
10/01/1984 $200,000 04387 / 01293 WARRANTY DEED
01/01/1975 $73,500 02482 / 01762 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
PATEL JITENDRA & 2025 HOMESTEAD
PATEL JITENDRA & 2025 ADDITIONAL HOMESTEAD
PATEL MIKSHA 2025 HOMESTEAD
PATEL MIKSHA 2025 ADDITIONAL HOMESTEAD
Property Information
Number of Units : 1
*Total Square Feet : 3049
Acres :
Property Use Code : 0400—CONDOMINIUM
Zoning : R-5-A—RESIDENTIAL (MEDIUM) (06-BOCA RATON)
Building Details

Structural Details

Structural Element for Building 1
Name CHALFONTE NORTH & SOUTH CONDO
Area 3049
Year Built 1974
No of Bedroom(s) 4
No of Bath(s) 4
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 MARBLE
Stories 1
Subarea and Square Footage for Building 1
Code Description square Footage
BAS Base Area 3049
FOP Finished Open Porch 264
FOP Finished Open Porch 225
Total Square Footage 3538
Area Under Air 3049
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
No Extra Feature Available

Property Land Details

Land Line # Description Zoning Acres
No Land Details Available
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $2,590,000 $2,587,000 $2,243,640 $2,136,750 $918,000
Land Value $0 $0 $0 $0 $0
Total Market Value $2,590,000 $2,587,000 $2,243,640 $2,136,750 $918,000
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $2,332,618 $2,266,879 $2,200,853 $2,136,750 $786,500
Exemption Amount $50,722 $50,000 $50,000 $50,000 $0
Taxable Value $2,281,896 $2,216,879 $2,150,853 $2,086,750 $786,500
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $38,966 $37,873 $37,070 $36,807 $15,106
NON AD VALOREM $271 $262 $258 $255 $241
TOTAL TAX $39,237 $38,135 $37,328 $37,062 $15,347
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov