Property detail

Field Value
Location Address 1186 N OCEAN WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-03-09-000-0440
Subdivision MOCKINGBIRD TRAIL TRACT
Official Records Book/Page 34475 / 1916
Sale Date 07/26/2023
Legal Description MOCKING BIRD TRAIL TRACT LT 44

Owner INFORMATION

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Owner(s) Mailing Address Actions
JOHNSON MARTHA LEE TRUST
1186 N OCEAN WAY
PALM BEACH FL 33480 3241

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
07/26/2023 $14,000,000 34475 / 01916 WARRANTY DEED JOHNSON MARTHA LEE TRUST
06/07/2011 $10 24572 / 00236 QUIT CLAIM RAMPELL ELLEN &
10/01/1994 $100 08476 / 00944 QUIT CLAIM
07/01/1985 $225,000 04605 / 00619 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 0

Total Number of Units Per Parcel 0
Total Square Feet* 0
Acres .43
Property Use Code 0000—VACANT
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 0

No Data Found

Sketch
for Building 0

No Data Found

Property Extra Features

No Extra Feature Available

Property Land Details

Land Line # Description Zoning Acres
2 OCEAN ACCESS R-B 0
1 SFR R-B 0.4306

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $0 $0 $0 $1,786,060 $1,022,203
Land Value $9,730,700 $9,617,950 $10,429,448 $9,174,743 $7,744,100
Total Market Value $9,730,700 $9,617,950 $10,429,448 $10,960,803 $8,766,303
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $0 $0 $0 $1,786,060 $1,022,203 $285,942 $109,122 $312,686 $313,408 $318,075
Land Value $9,730,700 $9,617,950 $10,429,448 $9,174,743 $7,744,100 $4,108,002 $3,817,253 $3,470,230 $3,470,230 $2,428,584
Total Market Value $9,730,700 $9,617,950 $10,429,448 $10,960,803 $8,766,303 $4,393,944 $3,926,375 $3,782,916 $3,783,638 $2,746,659

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 $9,730,700 $9,617,950 $10,429,448 $1,053,327 $1,022,648
Exemption Amount $0 $0 $0 $50,000 $50,000
Taxable Value $9,730,700 $9,617,950 $10,429,448 $1,003,327 $972,648
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $9,730,700 $9,617,950 $10,429,448 $1,053,327 $1,022,648 $992,862 $979,154 $957,140 $939,293 $919,974
Exemption Amount $0 $0 $0 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $9,730,700 $9,617,950 $10,429,448 $1,003,327 $972,648 $942,862 $929,154 $907,140 $889,293 $869,974

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $144,238 $143,009 $155,090 $15,224 $15,234
NON AD VALOREM $1,995 $2,476 $1,789 $1,500 $1,408
TOTAL TAX $146,233 $145,485 $156,879 $16,724 $16,642
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $144,238 $143,009 $155,090 $15,224 $15,234 $15,470 $15,501 $15,399 $14,657 $14,660
NON AD VALOREM $1,995 $2,476 $1,789 $1,500 $1,408 $1,458 $2,402 $2,019 $1,676 $2,016
TOTAL TAX $146,233 $145,485 $156,879 $16,724 $16,642 $16,928 $17,903 $17,418 $16,333 $16,676

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.