Property detail

Field Value
Location Address 1554 N OCEAN WAY
Municipality PALM BEACH
Parcel Control Number 50-43-42-34-02-000-0260
Subdivision BOCA RATONE CO INLET SUB
Official Records Book/Page 35122 / 1048
Sale Date 06/26/2024
Legal Description BOCA RATONE CO INLET SUB LT 26

Owner INFORMATION

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Owner(s) Mailing Address Actions
1554 N OCEAN WAY LLC
1575 N OCEAN BLVD
PALM BEACH FL 33480 3046

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/26/2024 $8,200,000 35122 / 01048 WARRANTY DEED 1554 N OCEAN WAY LLC
05/10/2022 $10 33628 / 00979 WARRANTY DEED STEPAN FRANK Q 2010 TRUST
02/01/1987 $375,000 05175 / 00660 WARRANTY DEED STEPAN F QUINN &
08/01/1983 $175,000 04024 / 00651 WARRANTY DEED
07/01/1982 $100 03793 / 00169 WARRANTY DEED

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FGR Finished Garage 650
FOP Finished Open Porch 186
BLC Balcony 48
BLC Balcony 48
BAS Base Area 2137
FUS Finished Upper Story 976
FOP Finished Open Porch 12
Total Square Footage 4057
Area Under Air 3113

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 4057
Acres .22
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Bldg Type EXC-RESIDENT
Exterior Wall 1 MSY: CB STUCCO
Year Built 1958
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 6
Full Baths 5
Half Baths 0
Exterior Wall 2 WSF: STUCCO
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 CERAMIC/QUARRY TILE
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 1994 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.2225

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $1,115,556 $1,122,217 $478,590 $1,640,699 $1,415,850
Land Value $5,069,962 $5,166,370 $5,389,864 $4,224,161 $3,383,206
Total Market Value $6,185,518 $6,288,587 $5,868,454 $5,864,860 $4,799,056
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $1,115,556 $1,122,217 $478,590 $1,640,699 $1,415,850 $1,147,933 $1,044,713 $1,209,819 $1,085,820 $674,200
Land Value $5,069,962 $5,166,370 $5,389,864 $4,224,161 $3,383,206 $2,122,986 $1,972,729 $1,793,390 $1,793,390 $1,760,082
Total Market Value $6,185,518 $6,288,587 $5,868,454 $5,864,860 $4,799,056 $3,270,919 $3,017,442 $3,003,209 $2,879,210 $2,434,282

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $6,185,518 $6,288,587 $4,338,602 $3,944,184 $3,585,622
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $6,185,518 $6,288,587 $4,338,602 $3,944,184 $3,585,622
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $6,185,518 $6,288,587 $4,338,602 $3,944,184 $3,585,622 $3,259,656 $2,963,324 $2,693,931 $2,449,028 $2,226,389
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $6,185,518 $6,288,587 $4,338,602 $3,944,184 $3,585,622 $3,259,656 $2,963,324 $2,693,931 $2,449,028 $2,226,389

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $91,688 $93,505 $74,176 $71,614 $63,470
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $91,905 $93,710 $74,370 $71,802 $63,654
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $91,688 $93,505 $74,176 $71,614 $63,470 $52,966 $49,256 $47,413 $42,739 $38,492
NON AD VALOREM $217 $205 $194 $188 $184 $178 $173 $175 $175 $172
TOTAL TAX $91,905 $93,710 $74,370 $71,802 $63,654 $53,144 $49,429 $47,588 $42,914 $38,664

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.