Property Detail
Location Address : 1400 S OCEAN BLVD 1405
Municipality : BOCA RATON
Parcel Control Number : 06-43-47-32-23-001-1405
Subdivision : ADDISON ON THE OCEAN IN BOCA RATON COND DECL FILED 11-8-85 IN OR4704P420
Official Records Book/Page : 35538 / 1358
Sale Date : 01/31/2025
Legal Description : ADDISON ON THE OCEAN IN BOCA RATON COND UNIT N-1405
Owner Information
Owner(s) Mailing Address
ARTICLE 3 TRUST
MATTHEW A SCHMELZER F/B/O
141 E 72ND ST APT 7
NEW YORK NY 10021 4315
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
01/31/2025 $10 35538 / 01358 DEED OF TRUST ARTICLE 3 TRUST
11/15/2023 $10 34680 / 01934 WARRANTY DEED SCHMELZER FAMILY 2023 TRUST
09/27/2023 $10 34589 / 00762 WARRANTY DEED SCHMELZER LINDA
04/13/2020 $1,640,000 31410 / 01810 WARRANTY DEED SCHMELZER MICHAEL &
01/01/1989 $975,000 05950 / 01527 WARRANTY DEED LARKIN LENORE G
08/01/1986 $592,000 04964 / 01134 WARRANTY DEED
Exemption Information
No Exemption Information Available.
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $2,270,000 $2,489,000 $2,620,000 $1,975,800 $1,415,000
Land Value $0 $0 $0 $0 $0
Total Market Value $2,270,000 $2,489,000 $2,620,000 $1,975,800 $1,415,000
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $2,071,702 $1,883,365 $1,712,150 $1,556,500 $1,415,000
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $2,071,702 $1,883,365 $1,712,150 $1,556,500 $1,415,000
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $36,482 $35,865 $35,242 $30,066 $25,551
NON AD VALOREM $271 $262 $258 $255 $241
TOTAL TAX $36,753 $36,127 $35,500 $30,321 $25,792
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov