Property Detail
Location Address : 340 S OCEAN BLVD 0260
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-23-07-000-0260
Subdivision : LOWELL HOUSE COND LTS 53 & 54 BLK H ROYAL PARK ADD (PB4P1)
Official Records Book/Page : 27503 / 1871
Sale Date : 04/29/2015
Legal Description : LOWELL HOUSE CONDOMINIUM UNIT NO PENTHOUSE 1
Owner Information
Owner(s) Mailing Address
WHEAT JAMES C III
340 S OCEAN BLVD UNIT PH 1
PALM BEACH FL 33480 4212
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
04/29/2015 $3,645,000 27503 / 01871 WARRANTY DEED WHEAT JAMES C III
04/30/2013 $2,375,000 25997 / 01402 DEED OF TRUST MARSTON HELGA TRUST &
03/24/2006 $10 20412 / 00789 WARRANTY DEED MANESS CAROLYN J TR
03/03/2000 $865,000 11645 / 01793 WARRANTY DEED MANESS JOHN R
01/01/1988 $775,000 05954 / 01298 REP DEED
09/01/1987 $725,000 05437 / 00631 LIFE ESTATE
08/01/1986 $1,300,000 04974 / 01782 WARRANTY DEED
11/01/1983 $1,100,000 04086 / 01309 TAX DEED
Exemption Information
Applicant/Owner(s) Year Detail
WHEAT JAMES C III 2025 HOMESTEAD
WHEAT JAMES C III 2025 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $4,500,000 $4,500,000 $4,500,000 $3,740,000 $3,150,000
Land Value $0 $0 $0 $0 $0
Total Market Value $4,500,000 $4,500,000 $4,500,000 $3,740,000 $3,150,000
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $3,541,911 $3,442,090 $3,341,835 $3,244,500 $3,150,000
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $3,491,189 $3,392,090 $3,291,835 $3,194,500 $3,100,000
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $52,073 $50,600 $49,580 $49,662 $50,470
NON AD VALOREM $114 $107 $103 $100 $96
TOTAL TAX $52,187 $50,707 $49,683 $49,762 $50,566
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov