5040 NW 15TH TER, BOCA RATON, FL 33431
Parcel: 06424712120001230 · Single Family · Zoning: 001
Assessed Value (2026)
$502,549
Property Details
Year Built
2012
Lot Sqft
1,250
Sales History
1
$10non-market transfer
2022-06-08
Tax Assessment History
$502,549
Assessed (2026)
$545,194
Market Value
$502,549
Taxable Value
$10,231
Annual Tax
2025
$545,194
2026
$502,549
$545,194
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $502,549 | $545,194 | $502,549 | $10,231 | $0 | $545,194 |
| 2025 | $545,194 | $545,194 | $545,194 | $11,100 | $ | $ |
About 5040 NW 15TH TER, BOCA RATON, FL 33431
5040 NW 15TH TER, BOCA RATON, FL 33431 is a property built in 2012 on a 1,250 square foot lot. The property is currently owned by MENG WEI TRUST, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2022-06-08 for $10. The 2026 assessed value is $502,549 with a market value of $545,194. The assessed value decreased 8% from $545,194 in 2025.
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 $100,446, and the median home value is $600,000.
The population density is 761 people per square mile. 5040 NW 15TH TER, 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 available through Miami-Dade County public records..
Current Owner
MENG WEI TRUST
5091 NW 14TH WAY, BOCA RATON, Florida, 33431
Since: 2026-04-03
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Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$3,113 — $5,322
Flood $400 — $800
Property/Wind $2,713 — $4,522
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$100,446
Median Home Value$600,000
Pop. Density761/sq mi
Neighborhood 33431
0%
Corp-Owned
29.4%
Investor
0
Flips (4yr)
5
New Biz (3yr)
Distress Risk
MODERATE
35
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