Property detail

Field Value
Location Address 720 S OCEAN BLVD
Municipality PALM BEACH
Parcel Control Number 50-43-43-26-00-002-0480
Subdivision
Official Records Book/Page 31882 / 1967
Sale Date 10/30/2020
Legal Description 26/35-43-43, SLY 92.3 FT OF GOV LT 2 (LESS OCEAN BLVD R/W) IN SEC 26 & N 75 FT OF GOV LT 1 (LESS OCEAN BLVD R/W) IN SEC 35 ALL LYG E OF COUNTY RD AS IN OR6323P1396

Owner INFORMATION

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Owner(s) Mailing Address Actions
720 SOUTH OCEAN BOULEVARD LAND TRUST
KRASKER PAUL A TR
720 S OCEAN BLVD
PALM BEACH FL 33480 4813

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
10/30/2020 $36,076,540 31882 / 01967 WARRANTY DEED 720 SOUTH OCEAN BOULEVARD LAND TRUST
04/25/2018 $1,300,000 29974 / 00174 WARRANTY DEED SITES JOHN C JR &
01/14/2016 $23,053,975 28056 / 00025 WARRANTY DEED SITES JOHN C JR &
01/01/1990 $4,315,000 06323 / 01396 WARRANTY DEED CURTIS ALAN &
01/01/1990 $100 06323 / 01386 QUIT CLAIM
02/01/1986 $3,150,000 04789 / 00959 WARRANTY DEED
01/01/1980 $725,000 03223 / 01046

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 1134
FCB Finished Cabana 477
BLC Balcony 820
BLC Balcony 308
BAS Base Area 4405
SFB Semi Finished Base Area 800
SFB Semi Finished Base Area 876
SFB Semi Finished Base Area 336
FUS Finished Upper Story 3409
FUS Finished Upper Story 336
FUS Finished Upper Story 484
FOP Finished Open Porch 18
FOP Finished Open Porch 225
FOP Finished Open Porch 473
FOP Finished Open Porch 682
Total Square Footage 14783
Area Under Air 10646

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 14783
Acres 1.48
Property Use Code 0100—SINGLE FAMILY
Zoning R-A—ESTATE 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-LUX.RES
Exterior Wall 1 WSF: BRICK
Year Built 1925
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 7
Full Baths 9
Half Baths 3
Roof Structure GABLE/HIP
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 CERAMIC/QUARRY TILE
Stories 3

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Wall 1984 6722
Wall 1925 640
Tennis Courts 2025 6027
Bbq 2025 1
Patio 2025 195
Patio 2025 472
Finished Storage 1925 130
Patio 2025 318

Property Land Details

Land Line # Description Zoning Acres
2 OCEAN ACCESS BA 0.2602
1 OCEAN VIEW R-A 1.2209

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $5,433,439 $5,454,759 $5,791,207 $6,718,712 $6,667,457
Land Value $33,422,360 $28,983,744 $26,568,432 $24,153,120 $20,632,392
Total Market Value $38,855,799 $34,438,503 $32,359,639 $30,871,832 $27,299,849
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $5,433,439 $5,454,759 $5,791,207 $6,718,712 $6,667,457 $7,541,768 $2,770,607 $3,081,181 $3,117,617 $3,158,425
Land Value $33,422,360 $28,983,744 $26,568,432 $24,153,120 $20,632,392 $17,856,000 $12,528,000 $14,400,000 $14,600,486 $15,208,840
Total Market Value $38,855,799 $34,438,503 $32,359,639 $30,871,832 $27,299,849 $25,397,768 $15,298,607 $17,481,181 $17,718,103 $18,367,265

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 $38,855,799 $34,438,503 $32,359,639 $30,029,834 $27,299,849
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $38,855,799 $34,438,503 $32,359,639 $30,029,834 $27,299,849
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $38,855,799 $34,438,503 $32,359,639 $30,029,834 $27,299,849 $25,397,768 $15,298,607 $17,481,181 $17,718,103 $18,367,265
Exemption Amount $0 $0 $0 $0 $0 $0 $50000 $50000 $50000 $50000
Taxable Value $38,855,799 $34,438,503 $32,359,639 $30,029,834 $27,299,849 $25,397,768 $15,248,607 $17,431,181 $17,668,103 $18,317,265

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $575,960 $512,066 $481,201 $456,263 $423,014
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $576,177 $512,271 $481,395 $456,451 $423,198
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $575,960 $512,066 $481,201 $456,263 $423,014 $412,081 $251,684 $292,629 $288,101 $305,276
NON AD VALOREM $217 $205 $194 $188 $184 $178 $173 $175 $175 $172
TOTAL TAX $576,177 $512,271 $481,395 $456,451 $423,198 $412,259 $251,857 $292,804 $288,276 $305,448

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.