541 NE 16TH ST, BOCA RATON, FL 33432

Parcel: 06434717080000291 · Single Family · Zoning: 001

Assessed Value (2026)
$1,043,293

Property Details

Year Built
2001
Lot Sqft
7,725

Sales History

1
$950,000
2020-09-22

Tax Assessment History

$1,043,293
Assessed (2026)
$1,106,209
Market Value
$1,043,293
Taxable Value
$21,241
Annual Tax
2025
$1,106,209
2026
$1,043,293
$1,106,209
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $1,043,293 $1,106,209 $1,043,293 $21,241
2025 $1,106,209 $1,106,209 $1,106,209 $22,522

About 541 NE 16TH ST, BOCA RATON, FL 33432

541 NE 16TH ST, BOCA RATON, FL 33432 is a property built in 2001 on a 7,725 square foot lot. The property is currently owned by POLATIN MITCHELL K & POLATIN DOMINKA A, 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 2020-09-22 for $950,000. The 2026 assessed value is $1,043,293 with a market value of $1,106,209. This breaks down to $396,000 for the land and $710,209 for the building.

The assessed value decreased 6% from $1,106,209 in 2025. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $92,614, and the median home value is $1,051,800. The population density is 4,551 people per square mile. There are active mortgage liens totaling $708,531 recorded against this property.

541 NE 16TH ST, BOCA RATON, FL 33432 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 110% of the most recent sale price..

Current Owner

POLATIN MITCHELL K & POLATIN DOMINKA A
11946 FOX HILL CIR, BOYNTON BEACH, FL, 33473
Since: 2026-04-03
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,911 — $13,945
Flood $400 — $800
Property/Wind $7,511 — $13,145

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$92,614
Median Home Value$1,051,800
Pop. Density4,551/sq mi

Neighborhood 33432

57.3%
Owner-Occ
42.7%
Investor
12,869
Flips (4yr)
6,748
New Biz (3yr)
Distress Risk
MODERATE
39
View full risk analysis →

Mortgages

ACTIVE
$760,000
~$708,531 bal.
FAIRWAY INDEPENDENT MORTGAGE CORP · 2020-10-16
Est. Total Balance $708,531
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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