Property Detail
Location Address : 2840 S OCEAN BLVD 5240
Municipality : PALM BEACH
Parcel Control Number : 50-43-44-23-15-000-5240
Subdivision : ROYAL SAXON INC 2840 S OCEAN BLVD PALM BEACH FL
Official Records Book/Page : 28912 / 1678
Sale Date : 02/21/2017
Legal Description : ROYAL SAXON INC APT 524
Owner Information
Owner(s) Mailing Address
MCELHENNEY PATRICK
NGU YAN &
2840 S OCEAN BLVD APT 524
PALM BEACH FL 33480 5563
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
02/21/2017 $166,950 28912 / 01678 PRIOR LEASE-COOP NGU YAN &
12/14/2009 $10 23604 / 00451 QUIT CLAIM NGU YAN &
05/05/2009 $145,000 23347 / 01367 PRIOR LEASE-COOP CESTARO PAMELA R
01/09/2002 $75,000 13301 / 01552 PRIOR LEASE-COOP KONSTANIAKOPOULOS NICKOLAOS &
04/01/1999 $65,000 11130 / 01390 PRIOR LEASE-COOP
01/01/1900 $56,000 04049 / 01195
Exemption Information
Applicant/Owner(s) Year Detail
NGU YAN & 2025 HOMESTEAD
NGU YAN & 2025 ADDITIONAL HOMESTEAD
MCELHENNEY PATRICK 2025 HOMESTEAD
MCELHENNEY PATRICK 2025 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $315,000 $315,000 $277,000 $218,500 $135,000
Land Value $0 $0 $0 $0 $0
Total Market Value $315,000 $315,000 $277,000 $218,500 $135,000
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $119,975 $116,594 $113,198 $109,901 $106,700
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $69,253 $66,594 $63,198 $59,901 $56,700
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $1,192 $1,148 $1,110 $1,091 $1,092
NON AD VALOREM $371 $362 $334 $331 $352
TOTAL TAX $1,563 $1,510 $1,445 $1,422 $1,444
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov