Property Detail
Location Address : 1131 SPANISH RIVER RD
Municipality : BOCA RATON
Parcel Control Number : 06-43-47-29-05-005-0072
Subdivision : SPANISH RIVER LAND CO SUB UNIT 1 IN
Official Records Book/Page : 35479 / 347
Sale Date : 12/31/2024
Legal Description : SPANISH RIVER LAND CO SUB UNIT 1 N 100 FT OF LT 7 BLK 5
Owner Information
Owner(s) Mailing Address
MARKEL JOEL H &
MARKEL STEPHANIE
MARKEL JAMES P TR
MARKEL STEPHANIE TR
SOMERVILLE DEBORAH TR
STEPHANIE MARKEL ET AL TR TITL HLDRS
1131 SPANISH RIVER RD
BOCA RATON FL 33432 7620
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
12/31/2024 $10 35479 / 00347 DEED OF TRUST JHM FAMILY DYNASTY TRUST
01/17/2024 $11,101,758 34794 / 00737 WARRANTY DEED LIFETIME FUND HELD UNDER ARTICLE
04/23/2021 $5,950,000 32432 / 01714 WARRANTY DEED 1131 SPANISH RIVER LLC
04/01/1995 $557,800 08726 / 00154 REP DEED FROST RICHARD B &
Exemption Information
Applicant/Owner(s) Year Detail
MARKEL JOEL H & 2025 HOMESTEAD
MARKEL JOEL H & 2025 ADDITIONAL HOMESTEAD
MARKEL STEPHANIE 2025 HOMESTEAD
MARKEL STEPHANIE 2025 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $3,863,100 $4,374,328 $2,732,694 $2,373,196 $2,138,948
Land Value $4,550,000 $4,550,000 $3,951,860 $3,124,000 $2,340,000
Total Market Value $8,413,100 $8,924,328 $6,684,554 $5,497,196 $4,478,948
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $8,347,690 $6,697,624 $6,046,916 $5,497,196 $3,153,144
Exemption Amount $50,722 $0 $0 $0 $50,000
Taxable Value $8,296,968 $6,697,624 $6,046,916 $5,497,196 $3,103,144
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $141,250 $128,005 $107,882 $96,532 $56,205
NON AD VALOREM $362 $349 $343 $339 $323
TOTAL TAX $141,612 $128,354 $108,225 $96,871 $56,528
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov