Property Detail
Location Address : 2525 FLORIDA BLVD 427
Municipality : DELRAY BEACH
Parcel Control Number : 12-43-46-28-26-007-4270
Subdivision : TROPIC BAY COND 1,2,3,4,5,6,7, 8,9,10,11,16 & 17
Official Records Book/Page : 34157 / 130
Sale Date : 02/27/2023
Legal Description : TROPIC BAY COND NO 7 UNIT 427 BLDG 7
Owner Information
Owner(s) Mailing Address
KRATOUNIS JOHN
JOHN KRATOUNIS TR TITL HLDR
KRATOUNIS JOHN TR
2525 FLORIDA BLVD APT 427
DELRAY BEACH FL 33483 4938
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
02/27/2023 $405,000 34157 / 00130 WARRANTY DEED KRATOUNIS JOHN TRUST
04/08/2003 $125,000 15141 / 00424 WARRANTY DEED WILLWERTH JAMES &
11/01/1983 $79,000 04123 / 01106 WARRANTY DEED
07/01/1983 $100 04045 / 01095 REP DEED
01/01/1978 $48,900 02894 / 00743 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
KRATOUNIS JOHN 2025 HOMESTEAD
KRATOUNIS JOHN 2025 ADDITIONAL HOMESTEAD
Property Information
Number of Units : 1
*Total Square Feet : 1200
Acres :
Property Use Code : 0400—CONDOMINIUM
Zoning : RM—RM-MULTIPLE FAMILY (MEDIUM) (12-DELRAY BEACH)
Building Details

Structural Details

Structural Element for Building 1
Name TROPIC BAY 1 THRU 17 CONDO
Area 1200
Year Built 1973
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

Subarea and Square Footage for Building 1
Code Description square Footage
No data found
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 $234,500 $279,500 $287,500 $253,550 $193,000
Land Value $0 $0 $0 $0 $0
Total Market Value $234,500 $279,500 $287,500 $253,550 $193,000
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $234,500 $279,500 $113,547 $110,240 $107,029
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $183,778 $229,500 $63,547 $60,240 $57,029
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $3,554 $4,335 $1,362 $1,336 $1,322
NON AD VALOREM $179 $143 $135 $129 $125
TOTAL TAX $3,732 $4,478 $1,497 $1,465 $1,447
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov