Property Detail
Location Address : 221 OCEAN TER
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-03-03-000-0120
Subdivision : OCEAN TERRACE IN
Official Records Book/Page : 31929 / 539
Sale Date : 11/14/2020
Legal Description : OCEAN TERRACE LT 12 & E 10 FT OF LT 13
Owner Information
Owner(s) Mailing Address
BONNER ELIZABETH &
BONNER JAMES CHRISTOPHER
221 OCEAN TER
PALM BEACH FL 33480 3126
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
11/14/2020 $4,875,000 31929 / 00539 WARRANTY DEED BONNER ELIZABETH &
01/31/2018 $4,580,000 29627 / 00218 WARRANTY DEED KHOURY AMIN C
04/06/2008 $1,600,000 22640 / 01134 WARRANTY DEED FICALORA ROBERT &
12/04/2007 $100 22297 / 00013 CERT OF TITLE AMERICAN HOME MORTGAGE SERVICING INC
11/15/2006 $200 21086 / 00578 CERT OF TITLE RIVER FIDELITY TRUST LLC
10/26/2004 $10 17751 / 00326 WARRANTY DEED BRESTLE ISBELIA Q
05/30/2002 $1,425,000 13759 / 01667 WARRANTY DEED OCEAN 221 INC
06/30/2000 $845,000 11883 / 00454 WARRANTY DEED 640 ISLAND DRIVE INC
06/01/1996 $375,000 09335 / 01599 WARRANTY DEED
07/08/1988 $320,000 05759 / 01256 REP DEED
Exemption Information
Applicant/Owner(s) Year Detail
BONNER ELIZABETH & 2026 HOMESTEAD
BONNER ELIZABETH & 2026 ADDITIONAL HOMESTEAD
BONNER JAMES CHRISTOPHER 2026 HOMESTEAD
BONNER JAMES CHRISTOPHER 2026 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $1,354,937 $1,381,340 $1,227,847 $3,972,307 $3,321,425
Land Value $6,502,459 $6,549,565 $6,912,748 $5,417,680 $4,339,117
Total Market Value $7,857,396 $7,930,905 $8,140,595 $9,389,987 $7,660,542
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $7,857,396 $7,930,905 $8,140,595 $9,389,987 $4,906,254
Exemption Amount $51,411 $50,722 $50,000 $50,000 $0
Taxable Value $7,805,985 $7,880,183 $8,090,595 $9,339,987 $4,906,254
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $115,874 $117,333 $120,468 $140,379 $93,978
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $116,091 $117,538 $120,662 $140,567 $94,162
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov