Property Detail
Location Address : 5505 N OCEAN BLVD 8-203
Municipality : OCEAN RIDGE
Parcel Control Number : 46-43-45-34-38-003-2030
Subdivision : COLONIAL RIDGE CORP 5505 N OCEAN BLVD OCEAN RIDGE FL
Official Records Book/Page : 32051 / 235
Sale Date : 12/07/2020
Legal Description : COLONIAL RIDGE CORP FAIRFAX APT 203
Owner Information
Owner(s) Mailing Address
ALTERMAN KARL
 5505 N OCEAN BLVD APT 8-203
BOYNTON BEACH FL 33435 8707
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
12/07/2020 $120,000 32051 / 00235 PRIOR LEASE-COOP ALTERMAN KARL
04/01/1999 $52,000 11078 / 01269 PRIOR LEASE-COOP DONNER NAOMI E
Exemption Information
Applicant/Owner(s) Year Detail
ALTERMAN KARL 2025 HOMESTEAD
ALTERMAN KARL 2025 ADDITIONAL HOMESTEAD
Property Information
Number of Units : 1
*Total Square Feet : 1011
Acres :
Property Use Code : 0510—COOPERATIVE
Zoning : RMM—MEDIUM DENSITY MULTI-FAMILY (46-OCEAN RIDGE)
Building Details

Structural Details

Structural Element for Building 1
Name COLONIAL RIDGE CORP
Area 1011
Year Built 1969
No of Bedroom(s) 1
No of Bath(s) 1
No of Half Bath(s) 1
Exterior Wall 1 MSY: CB STUCCO
Air Condition DESC HTG & AC
Heat Type FORCED AIR DUCT
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
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
BAS Base Area 1015
FSP Finished Screened Porch 60
Total Square Footage 1075
Area Under Air 1015
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Screen Enclosure 1980 96

Property Land Details

Land Line # Description Zoning Acres
No Land Details Available
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $216,143 $205,132 $206,132 $122,332 $113,106
Land Value $0 $0 $0 $0 $0
Total Market Value $216,143 $205,132 $206,132 $122,332 $113,106
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $127,178 $123,594 $119,994 $116,499 $113,106
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $76,456 $73,594 $69,994 $66,499 $63,106
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $1,555 $1,499 $1,447 $1,418 $1,397
NON AD VALOREM $116 $107 $103 $100 $96
TOTAL TAX $1,671 $1,606 $1,550 $1,518 $1,493
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov