Property Detail
Location Address : 125 OCEAN AVE 506
Municipality : PALM BEACH SHORES
Parcel Control Number : 54-43-42-27-08-000-5060
Subdivision : MAYAN TOWERS COND I
Official Records Book/Page : 33223 / 1506
Sale Date : 01/10/2022
Legal Description : MAYAN TOWERS COND I APT 506
Owner Information
Owner(s) Mailing Address
NEWMAN ROBERT J &
NEWMAN VALERIE
 1 WYNFROMERE LN
WESTPORT CT 06880 5340
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
01/10/2022 $500,000 33223 / 01506 WARRANTY DEED NEWMAN ROBERT J &
12/12/2016 $240,000 28781 / 01938 WARRANTY DEED NEWMAN JOHN R
03/01/1989 $130,000 06020 / 01305 WARRANTY DEED STEFANY ROBERT F &
01/01/1973 $41,000 02147 / 00428 WARRANTY DEED
Exemption Information
No Exemption Information Available.
Property Information
Number of Units : 1
*Total Square Feet : 1064
Acres :
Property Use Code : 0400—CONDOMINIUM
Zoning : D—MULTIPLE USE DISTRICT (54-PALM BEACH SHORES)
Building Details

Structural Details

Structural Element for Building 1
Name MAYAN TOWERS COND I
Area 1064
Year Built 1969
No of Bedroom(s) 2
No of Bath(s) 2
No of Half Bath(s)
Exterior Wall 1 MSY: CB STUCCO
Air Condition DESC HTG & AC
Heat Type FORCED AIR DUCT
Exterior Wall 2 NONE
Roof Structure PRESTRESSED CONCRETE
Roof Cover MIN. ROOFING (CORR/SH.M)
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
No data found
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
No Extra Feature Available

Property Land Details

Land Line # Description Zoning Acres
No Land Details Available
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $440,000 $440,000 $440,000 $440,000 $215,000
Land Value $0 $0 $0 $0 $0
Total Market Value $440,000 $440,000 $440,000 $440,000 $215,000
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $440,000 $440,000 $440,000 $203,662 $197,730
Exemption Amount $0 $0 $0 $50,000 $50,000
Taxable Value $440,000 $440,000 $440,000 $153,662 $147,730
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $8,619 $8,623 $8,686 $3,261 $3,228
NON AD VALOREM $116 $107 $103 $100 $96
TOTAL TAX $8,735 $8,730 $8,789 $3,361 $3,324
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov