1240 BIMINI LN, RIVIERA BEACH, FL 33404
Parcel: 56434222020000510 · Single Family · Zoning: 001
Assessed Value (2026)
$628,710
Property Details
Year Built
1960
Lot Sqft
11,000
Sales History
1
$282,500
1998-04-12
Tax Assessment History
$628,710
Assessed (2026)
$2,253,146
Market Value
$577,988
Taxable Value
$11,767
Annual Tax
2025
$628,710
$2,253,146
2026
$628,710
$2,253,146
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $628,710 | $2,253,146 | $577,988 | $11,767 | $1,850,000 | $403,146 |
| 2025 | $628,710 | $2,253,146 | $603,710 | $12,291 | $1,850,000 | $403,146 |
About 1240 BIMINI LN, RIVIERA BEACH, FL 33404
1240 BIMINI LN, RIVIERA BEACH, FL 33404 is a property built in 1960 on a 11,000 square foot lot. The property is currently owned by DOWNEY THOMAS F & DOWNEY STARR L, 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 1998-04-12 for $282,500. The 2026 assessed value is $628,710 with a market value of $2,253,146. This breaks down to $1,850,000 for the land and $403,146 for the building.
The property has the following tax exemptions: homestead. The median household income in this area is $81,136, and the median home value is $846,600. The population density is 3,296 people per square mile.
1240 BIMINI LN, RIVIERA BEACH, FL 33404 is located in RIVIERA BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this RIVIERA BEACH property are sourced from palm_beach County public records. The current assessed value represents 223% 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
DOWNEY THOMAS F & DOWNEY STARR L
1240 BIMINI LN, RIVIERA BEACH, FL, 33404
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$7,190 — $13,248
Flood $400 — $800
Property/Wind $6,790 — $12,448
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$81,136
Median Home Value$846,600
Pop. Density3,296/sq mi
Neighborhood 33404
55.5%
Owner-Occ
44.5%
Investor
8,209
Flips (4yr)
3,378
New Biz (3yr)
Distress Risk
MODERATE
31
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