Property detail

Field Value
Location Address 974 S OCEAN BLVD
Municipality PALM BEACH
Parcel Control Number 50-43-43-35-00-001-0420
Subdivision
Official Records Book/Page 34135 / 971
Sale Date 02/08/2023
Legal Description 35-43-43, SLY 103.07 FT OF GOV LT 1 (LESS S OCEAN BLVD R/W) & NLY 46.93 FT OF GOV LT 2 (LESS S OCEAN BLVD R/W)

Owner INFORMATION

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Owner(s) Mailing Address Actions
KOCH WILLIAM I
KOCH WILLIAM I TR
WILLIAM I KOCH TR TITL HLDR
974 S OCEAN BLVD
PALM BEACH FL 33480 4909

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
02/08/2023 $10 34135 / 00971 WARRANTY DEED KOCH WILLIAM I
06/11/1997 $6,750,000 9839 / 01958 WARRANTY DEED KOCH WILLIAM I

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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  • Save Our Homes (SOH) Base Year : 2003
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
KOCH WILLIAM I 2026 HOMESTEAD
KOCH WILLIAM I 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 2557
FOP Finished Open Porch 84
FOP Finished Open Porch 42
FOP Finished Open Porch 227
FOP Finished Open Porch 60
Total Square Footage 2970
Area Under Air 2557

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 50148
Acres 3.91
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: PLYWD/STL/ALUM SHTH
Year Built 1967
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 3
Full Baths 3
Half Baths 1
Exterior Wall 2 WSF: CEMENT FIBER SIDING
Roof Structure FLAT
Roof Cover BUILT-UP TAR/GRAVEL
Interior Wall 1 WOOD PANEL OR CUSTOM
Interior Wall 2 N/A
Floor Type 1 CERAMIC/QUARRY TILE
Stories 1

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Sketch
for Building 1

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
FUS Finished Upper Story 7049
FGR Finished Garage 2301
FBM Finished Basement 2544
FBM Finished Basement 1938
BAS Base Area 9316
UST Unfinished Storage 144
SFB Semi Finished Base Area 6116
UOP Unfinished Open Porch 592
UOP Unfinished Open Porch 30
FOP Finished Open Porch 2846
FOP Finished Open Porch 380
FOP Finished Open Porch 304
FOP Finished Open Porch 150
FOP Finished Open Porch 1402
FOP Finished Open Porch 96
FST Finished Storage 4064
NVA No Value Area 36
NVA No Value Area 320
NVA No Value Area 48
NVA No Value Area 1080
NVA No Value Area 126
UOP Unfinished Open Porch 44
UOP Unfinished Open Porch 60
UOP Unfinished Open Porch 3058
UOP Unfinished Open Porch 90
Total Square Footage 44134
Area Under Air 22481

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 50148
Acres 3.91
Property Use Code 0100—SINGLE FAMILY
Zoning R-A—ESTATE RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 2

Field Value
Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 2000
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 8
Full Baths 9
Half Baths 4
Roof Structure WOOD TRUSS
Roof Cover SLATE
Interior Wall 1 PLASTER
Floor Type 1 HARDWOOD
Floor Type 2 CERAMIC/QUARRY TILE
Stories 3

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Sketch
for Building 2

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 3

Code Description square Footage
FST Finished Storage 288
FOP Finished Open Porch 321
BAS Base Area 627
UGR Unfinished Garage 984
UOP Unfinished Open Porch 328
FCB Finished Cabana 288
FOP Finished Open Porch 208
Total Square Footage 3044
Area Under Air 627

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 50148
Acres 3.91
Property Use Code 0100—SINGLE FAMILY
Zoning R-A—ESTATE RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 3

Field Value
Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: PRECAST PNL/REIN. CONC
Year Built 2001
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 1
Full Baths 1
Half Baths
Exterior Wall 2 WSF: STUCCO
Roof Structure WOOD TRUSS
Roof Cover SLATE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 CONCRETE FINISHED
Stories 1

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Sketch
for Building 3

Property Extra Features

Description Year Built Units
Pool - In-Ground 2000 1
Patio 2000 2386
Elevator 2000 1
Fountain 2000 1
Fountain 2000 1
Wall 2000 180
Fountain 2000 1
Fountain 2000 1
Fountain 2000 1
Fountain 2000 1
Spa 2011 1
Tunnel 1996 1
Wall 1996 1880
Pool - In-Ground 1996 1
Patio 2000 1496
Fountain 2000 1
Boat Dock 2001 980

Property Land Details

Land Line # Description Zoning Acres
1 OCEAN VIEW R-A 3.5140
2 OCEAN ACCESS R-A 0.3950

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $47,689,366 $45,929,304 $49,096,181 $55,541,144 $44,245,021
Land Value $55,703,736 $54,344,640 $49,815,920 $45,287,200 $38,685,735
Total Market Value $103,393,102 $100,273,944 $98,912,101 $100,828,344 $82,930,756
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $47,689,366 $45,929,304 $49,096,181 $55,541,144 $44,245,021 $27,109,944 $13,480,595 $14,967,036 $15,067,915 $15,251,160
Land Value $55,703,736 $54,344,640 $49,815,920 $45,287,200 $38,685,735 $33,480,000 $23,490,000 $27,000,000 $26,767,558 $22,306,298
Total Market Value $103,393,102 $100,273,944 $98,912,101 $100,828,344 $82,930,756 $60,589,944 $36,970,595 $41,967,036 $41,835,473 $37,557,458

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 $35,384,140 $34,453,885 $33,482,881 $32,507,651 $31,560,826
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $35,332,729 $34,403,163 $33,432,881 $32,457,651 $31,510,826
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $35,384,140 $34,453,885 $33,482,881 $32,507,651 $31,560,826 $30,641,579 $30,218,520 $29,539,120 $28,988,342 $28,392,108
Exemption Amount $51411 $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $35,332,729 $34,403,163 $33,432,881 $32,457,651 $31,510,826 $30,591,579 $30,168,520 $29,489,120 $28,938,342 $28,342,108

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $523,903 $511,703 $497,318 $487,435 $488,426
NON AD VALOREM $651 $615 $582 $564 $552
TOTAL TAX $524,554 $512,318 $497,900 $487,999 $488,978
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $523,903 $511,703 $497,318 $487,435 $488,426 $496,523 $497,772 $494,930 $471,772 $472,258
NON AD VALOREM $651 $615 $582 $564 $552 $534 $5,475 $5,474 $5,519 $5,405
TOTAL TAX $524,554 $512,318 $497,900 $487,999 $488,978 $497,057 $503,247 $500,404 $477,291 $477,663

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.