1112 OCEAN TER 1-B, DELRAY BEACH, FL

Parcel: 1243461650 · Condominium · Zoning:

Assessed Value (2026)
$649,890

Property Details

Year Built
1971

Sales History

1
$250,000
2011-05-24
2
$405,000+62%
2015-04-14
3
$10non-market transfer
2018-08-23
4
$813,000
2019-06-21
5
$650,000-20%
2024-09-10
6
$10non-market transfer
2025-01-23
7
$10non-market transfer
2025-06-05
8
$575,000
2025-08-07

Tax Assessment History

$649,890
Assessed (2026)
$855,000
Market Value
$599,168
Taxable Value
$12,199
Annual Tax
2026
$649,890
$855,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $649,890 $855,000 $599,168 $12,199

About 1112 OCEAN TER 1-B, DELRAY BEACH, FL

1112 OCEAN TER 1-B, DELRAY BEACH, FL is a property built in 1971. The property is currently owned by FULLER LEE, 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 2025-08-07 for $575,000. The property has appreciated $574,990 (5749900%) since the prior sale of $10 on 2025-06-05. There are 8 recorded sales for this property.

The 2026 assessed value is $649,890 with a market value of $855,000. The property has the following tax exemptions: homestead. 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 $124,625, and the median home value is $1,004,100. The population density is 3,913 people per square mile.

1112 OCEAN TER 1-B, DELRAY BEACH, FL is located in DELRAY BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this DELRAY BEACH property are sourced from palm_beach County public records. The complete ownership history of this property spans from 2011 to 2025, with 8 recorded transactions in the public record.

The current assessed value represents 113% of the most recent sale price..

Current Owner

FULLER LEE
1112 OCEAN TER APT 4A, DELRAY BEACH, FL, 33483
Since: 2026-04-03
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,249 — $11,328
Flood $400 — $800
Property/Wind $5,849 — $10,528

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$124,625
Median Home Value$1,004,100
Pop. Density3,913/sq mi
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