1011 SW 5TH ST, BOCA RATON, FL 33486
Parcel: 06424725010050220 · Single Family · Zoning: 001
Assessed Value (2026)
$502,983
Property Details
Year Built
1963
Lot Sqft
7,501
Sales History
1
$275,000
2015-04-03
Tax Assessment History
$502,983
Assessed (2026)
$552,410
Market Value
$502,983
Taxable Value
$10,240
Annual Tax
2025
$552,410
2026
$502,983
$552,410
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $502,983 | $552,410 | $502,983 | $10,240 | $362,096 | $190,314 |
| 2025 | $552,410 | $552,410 | $552,410 | $11,247 | $362,096 | $190,314 |
About 1011 SW 5TH ST, BOCA RATON, FL 33486
1011 SW 5TH ST, BOCA RATON, FL 33486 is a property built in 1963 on a 7,501 square foot lot. The property is currently owned by MADSEN MEREDITH D &, 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 2015-04-03 for $275,000. The 2026 assessed value is $502,983 with a market value of $552,410. This breaks down to $362,096 for the land and $190,314 for the building.
The assessed value decreased 9% from $552,410 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 $140,224, and the median home value is $655,800. The population density is 4,818 people per square mile. There are active mortgage liens totaling $107,290 recorded against this property.
1011 SW 5TH ST, BOCA RATON, FL 33486 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 183% 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
MADSEN MEREDITH D &
1193 SW 19TH ST, BOCA RATON, Florida, 33486
Since: 2026-04-03
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$5,832 — $10,759
Flood $400 — $800
Property/Wind $5,432 — $9,959
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$140,224
Median Home Value$655,800
Pop. Density4,818/sq mi
Neighborhood 33486
71.5%
Owner-Occ
28.5%
Investor
1,483
Flips (4yr)
2,745
New Biz (3yr)
Distress Risk
MODERATE
27
Mortgages
ACTIVE
$150,000
RENE L MADSEN ET AL · 2022-11-01
1 satisfied mortgage
SATISFIED 2021-04-01
$270,000
ITHINK FINANCIAL CREDIT UNION
Est. Total Balance $107,290
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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