Property Detail
Location Address : 1240 BIMINI LN
Municipality : RIVIERA BEACH
Parcel Control Number : 56-43-42-22-02-000-0510
Subdivision : PALM BEACH ISLES PL 1 IN
Official Records Book/Page : 10351 / 1197
Sale Date : 04/12/1998
Legal Description : PALM BEACH ISLES PL 1 LT 51
Owner Information
Owner(s) Mailing Address
DOWNEY STARR L
DOWNEY THOMAS F &
1240 BIMINI LN
RIVIERA BEACH FL 33404 2707
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
04/12/1998 $282,500 10351 / 01197 WARRANTY DEED DOWNEY THOMAS F & STARR L
10/01/1991 $240,000 06985 / 01955 WARRANTY DEED
03/01/1989 $100 06090 / 00415 QUIT CLAIM
05/01/1985 $240,000 04561 / 01178 WARRANTY DEED
01/01/1977 $89,000 02692 / 00589
Exemption Information
Applicant/Owner(s) Year Detail
DOWNEY THOMAS F & 2026 HOMESTEAD
DOWNEY THOMAS F & 2026 ADDITIONAL HOMESTEAD
DOWNEY STARR L 2026 HOMESTEAD
DOWNEY STARR L 2026 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $397,597 $403,146 $415,519 $160,415 $125,693
Land Value $1,900,000 $1,850,000 $1,746,594 $1,715,952 $1,392,776
Total Market Value $2,297,597 $2,253,146 $2,162,113 $1,876,367 $1,518,469
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $645,685 $628,710 $610,991 $593,195 $575,917
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $594,274 $577,988 $560,991 $543,195 $525,917
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $12,980 $12,074 $11,720 $11,434 $11,287
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $13,197 $12,279 $11,914 $11,622 $11,471
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov