Property Detail

Location Address :	220 OCEAN TER
Municipality :	PALM BEACH
Parcel Control Number :	50-43-43-03-03-000-0200
Subdivision :	OCEAN TERRACE IN
Official Records Book/Page :	29858 / 208
Sale Date :	05/15/2018
Legal Description :	OCEAN TERRACE LT 20 & W 50 FT OF LT 21

Owner Information

Owner(s)	Mailing Address
CDPG PALM BEACH LLC	800 E CANAL ST STE 1900 RICHMOND VA 23219 3955

Sales Information

Sales Date	Price	OR Book/Page	Sale Type	Owner
05/15/2018	$7,100,000	29858 / 00208	WARRANTY DEED	CDPG PALM BEACH LLC
05/07/2012	$2,437,500	25205 / 00485	WARRANTY DEED	CASSIDY JOHN C JR
12/01/2004	$2,100,000	17842 / 00604	WARRANTY DEED	MIKUS WILLIAM J &
01/11/2003	$10	14702 / 01657	DEED OF TRUST	MONKS ROBERT A G &
05/01/1994	$100	08275 / 01736	WARRANTY DEED	MONKS MILLICENT S
02/01/1992	$100	08132 / 01821	WARRANTY DEED
08/01/1989	$795,000	06173 / 01466	WARRANTY DEED
12/01/1987	$668,500	05523 / 01390	WARRANTY DEED
09/01/1985	$420,000	04661 / 00256	WARRANTY DEED
01/01/1975	$160,000	02396 / 01351

Exemption Information

No Exemption Information Available.

Property Information

Total Number of Units Per Parcel :	1
*Total Square Feet :	5471
Acres :	.40
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 1951 Air Condition Desc. HTG & AC Heat Type FORCED AIR DUCT Heat Fuel ELECTRIC Bed Rooms 4 Full Baths 3 Half Baths 2 Exterior Wall 2 NONE Roof Structure GABLE/HIP Roof Cover CONCRETE TILE Interior Wall 1 DRYWALL Interior Wall 2 N/A Floor Type 1 HARDWOOD Floor Type 2 CUSTOM Stories 2 Subarea and Square Footage for Building 1 Code Description square Footage FOP Finished Open Porch 48 FUS Finished Upper Story 621 FOP Finished Open Porch 40 FOP Finished Open Porch 48 FGR Finished Garage 672 BAS Base Area 4042 Total Square Footage 5471 Area Under Air 4663

Sketch for Building 1

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Property Extra Feature
Description	Year Built	Units
Gazebo	2014	240
Bbq	2014	1
Pool - In-Ground	2014	1

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Property Land Details
Land Line #	Description	Zoning	Acres
1	SFR	R-B	0.3993

Appraisals

Tax Year	2026	2025	2024	2023	2022
Improvement Value	$1,415,180	$1,445,771	$1,286,564	$4,232,653	$3,538,040
Land Value	$8,992,700	$8,919,100	$9,669,952	$8,350,020	$6,992,800
Total Market Value	$10,407,880	$10,364,871	$10,956,516	$12,582,673	$10,530,840

Assessed and Taxable Values

Tax Year	2026	2025	2024	2023	2022
Assessed Value	$9,071,842	$8,247,129	$7,497,390	$6,815,809	$6,196,190
Exemption Amount	$0	$0	$0	$0	$0
Taxable Value	$9,071,842	$8,247,129	$7,497,390	$6,815,809	$6,196,190

Taxes

Tax Year	2026	2025	2024	2023	2022
AD VALOREM	$142,872	$136,013	$133,330	$139,560	$124,268
NON AD VALOREM	$1,216	$1,203	$1,192	$1,095	$1,091
TOTAL TAX	$144,087	$137,216	$134,522	$140,655	$125,359

Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov