Property Detail
Location Address : 240 OCEAN TER
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-03-03-000-0180
Subdivision : OCEAN TERRACE IN
Official Records Book/Page : 29470 / 63
Sale Date : 11/13/2017
Legal Description : OCEAN TERRACE LT 18
Owner Information
Owner(s) Mailing Address
AJ PALM BEACH LLC
344 LAKE FORREST LN NE
ATLANTA GA 30342 3214
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
11/13/2017 $2,875,000 29470 / 00063 WARRANTY DEED AJ PALM BEACH LLC
11/01/2016 $10 28686 / 00144 QUIT CLAIM HEYNIGER SEAN &
07/28/2016 $2,600,000 28491 / 01149 WARRANTY DEED HEYNIGER SEAN
02/05/2016 $3,250,000 28092 / 00135 WARRANTY DEED 240 OCEAN TERRACE LLC
03/14/2012 $1,218,700 25090 / 01481 DEED OF TRUST 240 OT LLC
08/23/2011 $10 24766 / 00224 WARRANTY DEED LIGGETT JACK LESTER G
07/01/1992 $312,000 07321 / 00610 WARRANTY DEED
01/01/1980 $100 03213 / 00896 DEC OF CONDOMINUM
01/01/1969 $50,000 01761 / 01482
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 3023
Acres : .27
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-RESIDENT
Exterior Wall 1 MSY: CB STUCCO
Year Built 1947
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 3
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 PLASTER
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 CARPETING
Stories 1

Subarea and Square Footage for Building 1
Code Description square Footage
BAS Base Area 589
FOP Finished Open Porch 132
FGR Finished Garage 322
BAS Base Area 1980
Total Square Footage 3023
Area Under Air 2569
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Pool - In-Ground 2019 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.2680
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $206,760 $215,186 $190,560 $598,341 $364,345
Land Value $6,106,025 $6,166,775 $6,491,300 $5,087,381 $4,074,575
Total Market Value $6,312,785 $6,381,961 $6,681,860 $5,685,722 $4,438,920
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $4,355,259 $3,959,326 $3,599,387 $3,272,170 $2,974,700
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $4,355,259 $3,959,326 $3,599,387 $3,272,170 $2,974,700
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $76,865 $74,185 $72,987 $64,708 $55,639
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $77,831 $75,138 $73,930 $65,576 $56,503
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov