Property Detail
Location Address : 1040 S OCEAN BLVD
Municipality : MANALAPAN
Parcel Control Number : 42-43-45-02-01-000-0122
Subdivision : HYPOLUXO BEACH MAP 1 IN
Official Records Book/Page : 32165 / 767
Sale Date : 01/27/2021
Legal Description : HYPOLUXO BEACH MAP 1 S 200 FT OF LT 12
Owner Information
Owner(s) Mailing Address
1040 OCEAN LLC
 616 NIMES RD
LOS ANGELES CA 90077 3417
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
01/27/2021 $25,750,000 32165 / 00767 WARRANTY DEED 1040 OCEAN LLC
10/27/2016 $29,448,570 28701 / 01494 WARRANTY DEED WHIMSICAL FLORIDA LLC
10/27/2016 $10 28677 / 01417 WARRANTY DEED WHIMSICAL FLORIDA LLC
05/23/2008 $9,225,000 22679 / 00105 WARRANTY DEED KLOIBER DANIEL DYNASTY TRUST
04/27/2004 $10 16923 / 01831 QUIT CLAIM BLOOMBERG CAROLINA B TRUST
04/27/2004 $7,665,000 16923 / 01829 WARRANTY DEED BLOOMBERG CAROLINA B TRUST
10/22/2001 $10 13017 / 01878 QUIT CLAIM DEPAOLA MICHAEL &
10/22/2001 $7,400,000 13017 / 01873 DEED OF TRUST DEPAOLA MICHAEL &
10/19/2001 $10 13017 / 01883 QUIT CLAIM DEPAOLA MICHAEL &
10/19/2001 $10 13017 / 01876 QUIT CLAIM DEPAOLA MICHAEL &
05/01/1988 $100 05693 / 01895 QUIT CLAIM VEGOSEN DEAN &
01/01/1979 $810,000 03074 / 01864
01/01/1973 $625,000 02208 / 00720 WARRANTY DEED
Exemption Information
No Exemption Information Available.
Property Information
Number of Units : 1
*Total Square Feet : 25399
Acres : 2.18
Property Use Code : 0100—SINGLE FAMILY
Zoning : R1-C—RESIDENTIAL, LOW DENSITY (42-MANALAPAN)
Building Details

Structural Details

Structural Element for Building 1
Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 2018
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 8
Full Baths 12
Half Baths 3
Roof Structure WOOD TRUSS
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 DRYWALL
Floor Type 1 MARBLE
Floor Type 2 HARDWOOD
Stories 2
Subarea and Square Footage for Building 1
Code Description square Footage
FOP Finished Open Porch 160
FOP Finished Open Porch 220
FOP Finished Open Porch 982
NVA No Value Area 563
NVA No Value Area 806
FOP Finished Open Porch 568
FOP Finished Open Porch 252
FOP Finished Open Porch 1041
FOP Finished Open Porch 160
FOP Finished Open Porch 308
FOP Finished Open Porch 220
FOP Finished Open Porch 546
FOP Finished Open Porch 460
FOP Finished Open Porch 592
FGR Finished Garage 1438
FGR Finished Garage 308
BLC Balcony 345
BAS Base Area 7835
BAS Base Area 1308
FUS Finished Upper Story 5979
BAS Base Area 1308
Total Square Footage 25399
Area Under Air 16430
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Wall 1972 518
Pool - In-Ground 2023 1
Boat Lift 2022 1
Fountain 2018 1
Elevator 2018 1
Boat Dock 2018 600

Property Land Details

Land Line # Description Zoning Acres
1 OCEAN R1-C 1.9513
2 INTRACOASTAL WATERWAY STRIP R1-C 0.0482
3 ACREAGE BEACH R1-C 0.1820
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $14,505,978 $21,926,044 $30,058,209 $22,312,320 $10,315,073
Land Value $33,550,600 $37,200,600 $31,250,600 $19,000,600 $13,500,600
Total Market Value $48,056,578 $50,000,000 $45,000,000 $34,640,000 $23,815,673
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $46,126,516 $41,933,196 $38,109,138 $34,640,000 $23,597,624
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $46,126,516 $41,933,196 $38,109,138 $34,640,000 $23,597,624
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $715,998 $690,809 $631,436 $547,378 $390,813
NON AD VALOREM $205 $194 $188 $184 $178
TOTAL TAX $716,203 $691,003 $631,624 $547,562 $390,991
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov