| Field | Value |
|---|---|
| Location Address | 1237 N OCEAN WAY |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-03-08-000-0010 |
| Subdivision | ALTO LIDO |
| Official Records Book/Page | 24053 / 974 |
| Sale Date | 08/27/2010 |
| Legal Description | ALTO LIDO LTS 1, 1-A, 2 & 2-A |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
SMITH MATTHEW K & SMITH TRACY E |
1237 N OCEAN WAY
PALM BEACH FL 33480 3138 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 08/27/2010 | $6,800,000 | 24053 / 00974 | WARRANTY DEED | SMITH MATTHEW K & |
| 02/22/2008 | $10 | 22484 / 00733 | REP DEED | SMITH BERNADETTE C |
| 01/01/1977 | $350,000 | 02715 / 00826 |
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.
- Save Our Homes (SOH) Base Year : 2014
- Exemption Year : 2027
| Applicant/Owner(s) | Year | Detail |
|---|---|---|
| SMITH MATTHEW K & | 2026 | HOMESTEAD |
| SMITH MATTHEW K & | 2026 | ADDITIONAL HOMESTEAD |
| SMITH TRACY E | 2026 | HOMESTEAD |
| SMITH TRACY E | 2026 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FGR Finished Garage | 1066 |
| BLC Balcony | 392 |
| BSM Basement | 1330 |
| BAS Base Area | 4478 |
| FUS Finished Upper Story | 999 |
| FUS Finished Upper Story | 4221 |
| NVA No Value Area | 710 |
| FST Finished Storage | 697 |
| FOP Finished Open Porch | 275 |
| FOP Finished Open Porch | 186 |
| FOP Finished Open Porch | 110 |
| FOP Finished Open Porch | 180 |
| FOP Finished Open Porch | 521 |
| APT Apartment | 999 |
| FOP Finished Open Porch | 285 |
| Total Square Footage | 16449 |
| Area Under Air | 10697 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 16449 |
| Acres | .93 |
| Property Use Code | 0100—SINGLE FAMILY |
| Zoning | R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 1
| Field | Value |
|---|---|
| Bldg Type | EXC-LUX.RES |
| Exterior Wall 1 | WSF: WOOD SIDING |
| Year Built | 2013 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | GAS |
| Bed Rooms | 6 |
| Full Baths | 6 |
| Half Baths | 2 |
| Roof Structure | WOOD TRUSS |
| Roof Cover | WOOD SHAKES |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | HARDWOOD |
| Floor Type 2 | MARBLE |
| Stories | 2.5 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Deck | 2013 | 626 |
| Pool - In-Ground | 2013 | 1 |
| Elevator | 2013 | 1 |
| Cabana | 1925 | 350 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 2 | OCEAN ACCESS | BA | 0.1135 |
| 1 | OCEAN VIEW | R-B | 0.8173 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $19,910,949 | $19,084,680 | $20,250,796 | $22,799,393 | $22,614,281 |
| Land Value | $31,641,193 | $30,869,542 | $28,296,790 | $28,314,350 | $14,328,050 |
| Total Market Value | $51,552,142 | $49,954,222 | $48,547,586 | $51,113,743 | $36,942,331 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $19,910,949 | $19,084,680 | $20,250,796 | $22,799,393 | $22,614,281 | $10,820,184 | $5,344,998 | $5,937,211 | $6,470,515 | $6,674,413 |
| Land Value | $31,641,193 | $30,869,542 | $28,296,790 | $28,314,350 | $14,328,050 | $12,400,000 | $8,700,000 | $10,000,000 | $9,887,750 | $8,239,791 |
| Total Market Value | $51,552,142 | $49,954,222 | $48,547,586 | $51,113,743 | $36,942,331 | $23,220,184 | $14,044,998 | $15,937,211 | $16,358,265 | $14,914,204 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $16,445,880 | $16,013,515 | $15,562,211 | $15,108,943 | $14,668,877 |
| Exemption Amount | $51,411 | $50,722 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $16,394,469 | $15,962,793 | $15,512,211 | $15,058,943 | $14,618,877 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $16,445,880 | $16,013,515 | $15,562,211 | $15,108,943 | $14,668,877 | $14,241,628 | $14,044,998 | $14,669,974 | $14,396,442 | $14,100,335 |
| Exemption Amount | $51411 | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $16,394,469 | $15,962,793 | $15,512,211 | $15,058,943 | $14,618,877 | $14,191,628 | $13,994,998 | $14,619,974 | $14,346,442 | $14,050,335 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $243,181 | $237,513 | $230,831 | $226,235 | $226,684 |
| NON AD VALOREM | $434 | $410 | $388 | $376 | $368 |
| TOTAL TAX | $243,615 | $237,923 | $231,219 | $226,611 | $227,052 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $243,181 | $237,513 | $230,831 | $226,235 | $226,684 | $230,432 | $231,007 | $245,464 | $233,968 | $234,203 |
| NON AD VALOREM | $434 | $410 | $388 | $376 | $368 | $356 | $2,824 | $2,825 | $2,847 | $2,788 |
| TOTAL TAX | $243,615 | $237,923 | $231,219 | $226,611 | $227,052 | $230,788 | $233,831 | $248,289 | $236,815 | $236,991 |
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.