2938 NW 24TH WAY, BOCA RATON, FL 33431

Parcel: 06424711020001620 · Single Family · Zoning: 001

Assessed Value (2026)
$348,985

Property Details

Year Built
1979
Lot Sqft
8,250

Sales History

1
$262,500
2011-10-21

Tax Assessment History

$348,985
Assessed (2026)
$725,437
Market Value
$298,263
Taxable Value
$6,072
Annual Tax
2025
$348,985
$725,437
2026
$348,985
$725,437
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $348,985 $725,437 $298,263 $6,072
2025 $348,985 $725,437 $323,985 $6,596

About 2938 NW 24TH WAY, BOCA RATON, FL 33431

2938 NW 24TH WAY, BOCA RATON, FL 33431 is a property built in 1979 on a 8,250 square foot lot. The property is currently owned by SANDMAIER MICHAEL D II &, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2011-10-21 for $262,500. The 2026 assessed value is $348,985 with a market value of $725,437. This breaks down to $364,845 for the land and $360,592 for the building.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $183,056, and the median home value is $845,500. The population density is 3,229 people per square mile. There are active mortgage liens totaling $257,897 recorded against this property.

2938 NW 24TH WAY, BOCA RATON, FL 33431 is located in BOCA RATON, Florida. Property records, tax assessments, sales history, and ownership information for this BOCA RATON property are sourced from palm_beach County public records. The current assessed value represents 133% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..

Current Owner

SANDMAIER MICHAEL D II &
2938 NW 24TH WAY, BOCA RATON, Florida, 33431
Since: 2026-04-03
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,540 — $6,453
Flood $400 — $800
Property/Wind $3,140 — $5,653

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$183,056
Median Home Value$845,500
Pop. Density3,229/sq mi

Neighborhood 33431

70.6%
Owner-Occ
29.4%
Investor
3,465
Flips (4yr)
6,411
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →

Mortgages

ACTIVE
$275,000
~$257,897 bal.
FARMERS BANK & TRUST · 2021-04-07
Est. Total Balance $257,897
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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