2425 NW 40TH CIR, BOCA RATON, FL 33431

Parcel: 06424711040000150 · Single Family · Zoning: 001

Assessed Value (2026)
$464,275

Property Details

Year Built
1983
Lot Sqft
10,625

Sales History

1
$103,600
2005-09-27

Tax Assessment History

$464,275
Assessed (2026)
$930,505
Market Value
$413,553
Taxable Value
$8,420
Annual Tax
2025
$464,275
$930,505
2026
$464,275
$930,505
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $464,275 $930,505 $413,553 $8,420
2025 $464,275 $930,505 $439,275 $8,943

About 2425 NW 40TH CIR, BOCA RATON, FL 33431

2425 NW 40TH CIR, BOCA RATON, FL 33431 is a property built in 1983 on a 10,625 square foot lot. The property is currently owned by BARGAS LORI R & BARGAS DAVID, 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 2005-09-27 for $103,600. The 2026 assessed value is $464,275 with a market value of $930,505. This breaks down to $417,192 for the land and $513,313 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 $172,917, and the median home value is $839,400. The population density is 3,082 people per square mile. 2425 NW 40TH CIR, 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 448% 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

BARGAS LORI R & BARGAS DAVID
2425 NW 40TH CIR, BOCA RATON, FL, 33431
Since: 2026-04-03
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,578 — $8,321
Flood $400 — $800
Property/Wind $4,178 — $7,521

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$172,917
Median Home Value$839,400
Pop. Density3,082/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 →
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