| Field | Value |
|---|---|
| Location Address | 1240 N OCEAN WAY |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-03-08-000-0240 |
| Subdivision | ALTO LIDO |
| Official Records Book/Page | 05546 / 1927 |
| Sale Date | 01/01/1988 |
| Legal Description | ALTO LIDO LT 24 |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
COLLIER MARIA M COLLIER TERRY K & |
1240 N OCEAN WAY
PALM BEACH FL 33480 3141 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 01/01/1988 | $425,000 | 05546 / 01927 | WARRANTY DEED | COLLIER TERRY K & |
| 01/01/1979 | $150,000 | 03115 / 00519 |
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 : 1994
- Exemption Year : 2027
| Applicant/Owner(s) | Year | Detail |
|---|---|---|
| COLLIER TERRY K & | 2026 | HOMESTEAD |
| COLLIER TERRY K & | 2026 | ADDITIONAL HOMESTEAD |
| COLLIER MARIA M | 2026 | HOMESTEAD |
| COLLIER MARIA M | 2026 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FUS Finished Upper Story | 918 |
| FOP Finished Open Porch | 200 |
| FGR Finished Garage | 900 |
| BAS Base Area | 2794 |
| UOP Unfinished Open Porch | 200 |
| Total Square Footage | 5012 |
| Area Under Air | 3712 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 5012 |
| Acres | .29 |
| 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-RESIDENT |
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 1954 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 4 |
| Full Baths | 4 |
| Half Baths | 1 |
| Exterior Wall 2 | NONE |
| Roof Structure | GABLE/HIP |
| Roof Cover | BUILT-UP TAR/GRAVEL |
| Interior Wall 1 | PLYWOOD PNL. |
| Interior Wall 2 | DRYWALL |
| Floor Type 1 | CARPETING |
| Floor Type 2 | CERAMIC/QUARRY TILE |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Wall | 1954 | 330 |
| Patio | 1982 | 252 |
| Pool - In-Ground | 2000 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | SFR | R-B | 0.2877 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $271,998 | $70,778 | $10,146 | $34,937 | $20,939 |
| Land Value | $6,554,236 | $6,599,560 | $6,967,792 | $5,460,819 | $4,373,668 |
| Total Market Value | $6,826,234 | $6,670,338 | $6,977,938 | $5,495,756 | $4,394,607 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $271,998 | $70,778 | $10,146 | $34,937 | $20,939 | $11,900 | $3,967 | $12,066 | $12,049 | $12,214 |
| Land Value | $6,554,236 | $6,599,560 | $6,967,792 | $5,460,819 | $4,373,668 | $2,744,508 | $2,550,262 | $2,318,420 | $2,318,420 | $2,148,897 |
| Total Market Value | $6,826,234 | $6,670,338 | $6,977,938 | $5,495,756 | $4,394,607 | $2,756,408 | $2,554,229 | $2,330,486 | $2,330,469 | $2,161,111 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $910,925 | $886,977 | $804,059 | $780,640 | $757,903 |
| Exemption Amount | $51,411 | $50,722 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $859,514 | $836,255 | $754,059 | $730,640 | $707,903 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $910,925 | $886,977 | $804,059 | $780,640 | $757,903 | $735,828 | $725,669 | $709,354 | $696,128 | $681,810 |
| Exemption Amount | $51411 | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $859,514 | $836,255 | $754,059 | $730,640 | $707,903 | $685,828 | $675,669 | $659,354 | $646,128 | $631,810 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $12,907 | $12,597 | $11,371 | $11,130 | $11,132 |
| NON AD VALOREM | $966 | $954 | $943 | $868 | $864 |
| TOTAL TAX | $13,873 | $13,551 | $12,314 | $11,999 | $11,996 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $12,907 | $12,597 | $11,371 | $11,130 | $11,132 | $11,300 | $11,320 | $11,241 | $10,694 | $10,693 |
| NON AD VALOREM | $966 | $954 | $943 | $868 | $864 | $931 | $916 | $917 | $924 | $905 |
| TOTAL TAX | $13,873 | $13,551 | $12,314 | $11,999 | $11,996 | $12,231 | $12,236 | $12,159 | $11,618 | $11,598 |
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.