Property Detail
Location Address : 250 OCEAN TER
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-03-03-000-0170
Subdivision : OCEAN TERRACE IN
Official Records Book/Page : 30594 / 1771
Sale Date : 05/02/2019
Legal Description : OCEAN TERRACE LT 17
Owner Information
Owner(s) Mailing Address
GALIHER CINDI
GALIHER JOHN &
15 FRIAR TUCK CIR
SUMMIT NJ 07901 3713
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
05/02/2019 $7,455,000 30594 / 01771 WARRANTY DEED GALIHER JOHN &
04/30/2019 $10 30578 / 00238 WARRANTY DEED 250 OCEAN TERRACE LLC
12/17/2015 $10 27993 / 01026 WARRANTY DEED DAVID G LAMBERT 2015 TRUST
06/30/2014 $2,000,000 26889 / 01883 WARRANTY DEED 250 OCEAN TERRACE LLC
05/28/2009 $10 23373 / 00455 QUIT CLAIM REGARD PIERRE G &
01/01/1980 $335,000 03386 / 01237
01/01/1979 $220,000 03055 / 01798
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 5198
Acres : .32
Property Use Code : 0100—SINGLE FAMILY
Zoning : R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)
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 4
Full Baths 5
Half Baths 1
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Floor Type 1 TERAZZO MONOLITHIC
Stories 2

Subarea and Square Footage for Building 1
Code Description square Footage
FGR Finished Garage 510
FOP Finished Open Porch 225
BAS Base Area 210
BAS Base Area 4253
Total Square Footage 5198
Area Under Air 4463
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Pool - In-Ground 2018 1
Bbq 2018 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.3227
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $7,735,449 $5,919,253 $6,415,024 $8,543,200 $4,176,181
Land Value $6,592,230 $6,601,050 $7,033,622 $5,702,319 $4,642,200
Total Market Value $14,327,679 $12,520,303 $13,448,646 $14,245,519 $8,818,381
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $10,042,344 $9,129,404 $8,299,458 $7,544,962 $6,859,056
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $10,042,344 $9,129,404 $8,299,458 $7,544,962 $6,859,056
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $175,800 $157,179 $155,928 $156,535 $119,055
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $176,017 $157,384 $156,122 $156,723 $119,239
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov