Property detail

Location Address 7 OCEAN LN
Municipality PALM BEACH
Parcel Control Number 50-43-43-11-02-000-0061
Subdivision OCEAN LANE IN
Official Records Book/Page 33317 / 923
Sale Date 02/11/2022
Legal Description OCEAN LANE N 6 FT OF LT 6 (LESS WLY 75.90 FT) & LT 7

Owner INFORMATION

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Owner(s) Mailing Address
SEVEN OCEAN LANE LLC
9002 BURMA RD STE 100
LAKE PARK FL 33403 1605

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
02/11/2022 $39,000,000 33317 / 00923 WARRANTY DEED SEVEN OCEAN LANE LLC
12/21/2020 $20,200,000 32045 / 01829 WARRANTY DEED 7 OCEAN LANE LLC
06/12/2014 $10 26861 / 01739 WARRANTY DEED RADTKE JANINA K TR
01/16/2003 $4,000,000 14739 / 01486 WARRANTY DEED RADTKE JANINA

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

Number of Units
Total Square Feet* 0
Acres .51
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
1 OCEAN R-B 0.4189
2 ACREAGE BEACH R-B 0.0908

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $0 $0 $0 $0 $0
Land Value $43,131,280 $44,928,400 $35,942,800 $22,635,990 $16,100,300
Total Market Value $43,131,280 $44,928,400 $35,942,800 $22,635,990 $16,100,300
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Land Value $43,131,280 $44,928,400 $35,942,800 $22,635,990 $16,100,300 $6,592,000 $6,400,000 $6,274,138 $5,228,449 $5,503,630
Total Market Value $43,131,280 $44,928,400 $35,942,800 $22,635,990 $16,100,300 $6,592,000 $6,400,000 $6,274,138 $5,228,449 $5,503,630

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 2024 2023 2022 2021
Assessed Value $43,131,280 $39,537,080 $35,942,800 $17,710,330 $16,100,300
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $43,131,280 $39,537,080 $35,942,800 $17,710,330 $16,100,300
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $43,131,280 $39,537,080 $35,942,800 $17,710,330 $16,100,300 $6,592,000 $6,326,423 $5,751,294 $5,228,449 $5,503,630
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $43,131,280 $39,537,080 $35,942,800 $17,710,330 $16,100,300 $6,592,000 $6,326,423 $5,751,294 $5,228,449 $5,503,630

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $641,319 $621,973 $539,595 $306,534 $261,229
NON AD VALOREM $1,123 $1,123 $1,020 $1,020 $1,130
TOTAL TAX $642,442 $623,096 $540,615 $307,554 $262,359
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $641,319 $621,973 $539,595 $306,534 $261,229 $108,728 $106,668 $97,165 $87,089 $94,663
NON AD VALOREM $1,123 $1,123 $1,020 $1,020 $1,130 $1,115 $1,114 $1,124 $1,100 $0
TOTAL TAX $642,442 $623,096 $540,615 $307,554 $262,359 $109,843 $107,782 $98,289 $88,189 $94,663

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.