Property Detail
Location Address : 240 ATLANTIC AVE
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-15-03-000-0210
Subdivision : ORANGE GROVE PARK IN
Official Records Book/Page : 35909 / 1427
Sale Date : 07/24/2025
Legal Description : ORANGE GROVE PARK LTS 21 & 22
Owner Information
Owner(s) Mailing Address
EDWARDS FRANK
2820 SELWYN AVE STE 550
CHARLOTTE NC 28209 2763
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
07/24/2025 $7,615,000 35909 / 01427 WARRANTY DEED EDWARDS FRANK
06/20/2017 $3,250,000 29174 / 00122 WARRANTY DEED CANTON STEPHEN G
02/26/2015 $1,013,500 27374 / 00900 DEED OF TRUST 240 ATLANTIC AVE LLC
01/01/1974 $50,000 02315 / 00994 ROFKIND J LEE ET AL
Exemption Information
Applicant/Owner(s) Year Detail
CANTON STEPHEN G 2025 HOMESTEAD
CANTON STEPHEN G 2025 ADDITIONAL HOMESTEAD
Property Information
Number of Units : 1
*Total Square Feet : 3354
Acres : .11
Property Use Code : 0100—SINGLE FAMILY
Zoning : R-C—MEDIUM 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 2016
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 4
Half Baths
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CERAMIC/QUARRY TILE
Floor Type 2 HARDWOOD
Stories 2

Subarea and Square Footage for Building 1
Code Description square Footage
NVA No Value Area 75
FUS Finished Upper Story 1427
BAS Base Area 1208
FOP Finished Open Porch 32
FOP Finished Open Porch 150
FGR Finished Garage 294
BLC Balcony 150
BLC Balcony 18
Total Square Footage 3354
Area Under Air 2635
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Pool - In-Ground 2016 1
Fountain 2016 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-C 0.1148
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $5,020,711 $4,563,571 $4,181,606 $2,065,027 $2,004,111
Land Value $2,781,340 $2,500,000 $2,500,000 $1,740,000 $1,465,000
Total Market Value $7,802,051 $7,063,571 $6,681,606 $3,805,027 $3,469,111
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $3,884,488 $3,775,013 $3,665,061 $3,558,312 $3,454,672
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $3,833,766 $3,725,013 $3,615,061 $3,508,312 $3,404,672
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $57,174 $55,550 $54,433 $54,525 $55,413
NON AD VALOREM $956 $943 $868 $864 $931
TOTAL TAX $58,130 $56,493 $55,301 $55,389 $56,344
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov