Property Detail
Location Address : 4505 S OCEAN BLVD 701
Municipality : HIGHLAND BEACH
Parcel Control Number : 24-43-47-04-10-002-0701
Subdivision : 45 OCEAN CONDO
Official Records Book/Page : 34376 / 73
Sale Date : 05/25/2023
Legal Description : 45 OCEAN CONDO BLDG 2 APT 701
Owner Information
Owner(s) Mailing Address
KRAUSE PARELLO CHERYL A &
PARELLO DAVID
 4505 S OCEAN BLVD APT 701
HIGHLAND BEACH FL 33487 4252
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
05/25/2023 $622,500 34376 / 00073 WARRANTY DEED KRAUSE PARELLO CHERYL A &
06/16/2009 $265,000 23302 / 00083 WARRANTY DEED GREENE SHELIA A
07/14/2004 $0 17384 / 00601 WARRANTY DEED LESHNOWER ALAN
07/14/2004 $340,000 17302 / 01898 WARRANTY DEED LESHNOWER ALAN
09/03/2003 $225,000 15937 / 01579 WARRANTY DEED MARTOCCI FAMILY PRTNRSHP
01/01/1978 $56,500 02793 / 01085 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
KRAUSE PARELLO CHERYL A & 2025 ADDITIONAL HOMESTEAD
KRAUSE PARELLO CHERYL A & 2025 HOMESTEAD
Property Information
Number of Units : 1
*Total Square Feet : 1100
Acres :
Property Use Code : 0400—CONDOMINIUM
Zoning : RML—MULTI-FAMILY LOW-DENSITY (24-HIGHLAND BEACH)
Building Details

Structural Details

Structural Element for Building 1
Name 45 OCEAN CONDOMINIUM
Area 1100
Year Built 1974
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 $465,000 $450,000 $465,000 $410,400 $300,000
Land Value $0 $0 $0 $0 $0
Total Market Value $465,000 $450,000 $465,000 $410,400 $300,000
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $463,050 $450,000 $244,975 $237,840 $230,913
Exemption Amount $50,722 $50,000 $55,000 $50,500 $50,500
Taxable Value $412,328 $400,000 $189,975 $187,340 $180,413
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $6,697 $6,497 $3,199 $3,233 $3,230
NON AD VALOREM $116 $107 $103 $100 $96
TOTAL TAX $6,813 $6,604 $3,302 $3,333 $3,326
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov