NOT LISTED FOR SALE

55 NE 5th Ave Unit 502 Boca Raton, FL 33432

Downtown Boca Neighborhood

Estimated Value: $789,723

-- Bed
-- Bath
1,649 Sq Ft
$479/Sq Ft Est. Value

About This Home

This home is located at 55 NE 5th Ave Unit 502, Boca Raton, FL 33432 and is currently estimated at $789,723, approximately $478 per square foot. 55 NE 5th Ave Unit 502 is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Lehmann 7200 Llc
Bought by
55 Ne 5Th Ave Llc
Current Estimated Value
$789,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Outstanding Balance
$270,921
Interest Rate
6.73%
Estimated Equity
$512,509

Purchase Details

Closed on
Dec 9, 2020
Sold by
American Financial Security Life Ins Co
Bought by
Lehmann 7200 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 2, 2012
Sold by
Florida Department Of Financial Services
Bought by
American Financial Security Life Insuran

Purchase Details

Closed on
Feb 4, 2005
Sold by
Fifth Avenue Place Llc
Bought by
Preferred Insurance Capital Consultants

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,305
Interest Rate
5.72%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
55 Ne 5Th Ave Llc $775,000 None Listed On Document
Lehmann 7200 Llc $846,800 Old Republic Natl Ttl Ins Co
American Financial Security Life Insuran $416,600 Attorney
Preferred Insurance Capital Consultants $727,074 All Island Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 55 Ne 5Th Ave Llc $276,500
Closed 55 Ne 5Th Ave Llc $395,000
Previous Owner Lehmann 7200 Llc $680,000
Previous Owner Preferred Insurance Capital Consultants $545,305
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,930 $593,641 -- --
2023 $9,957 $500,402 $0 $0
2022 $8,790 $454,911 $0 $0
2021 $8,826 $447,160 $0 $447,160
2020 $7,165 $355,605 $0 $355,605
2019 $7,365 $355,605 $0 $355,605
2018 $6,852 $345,266 $0 $345,266
2017 $6,771 $335,210 $0 $0
2016 $6,696 $326,372 $0 $0
2015 $6,455 $304,736 $0 $0
2014 $6,526 $303,417 $0 $0
Source: Public Records

Map

Florida Palm Beach County Boca Raton 33432 Downtown Boca

55 NE 5th Ave Unit 502, Boca Raton, FL

This home is located at 55 NE 5th Ave Unit 502, Boca Raton, FL 33432 and is currently estimated at $789,723, approximately $478 per square foot. 55 NE 5th Ave Unit 502 is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

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