Property detail

Location Address 1540 S OCEAN BLVD
Municipality PALM BEACH
Parcel Control Number 50-43-44-02-02-000-0070
Subdivision OCEAN VIEW IN
Official Records Book/Page 33582 / 649
Sale Date 05/19/2022
Legal Description OCEAN VIEW LTS 7, 8, 7-A & 8A

Owner INFORMATION

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Owner(s) Mailing Address
1540SOCEAN LLC
501 S FLAGLER DR # 110
WEST PALM BCH FL 33401 5909

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
05/19/2022 $9,500,000 33582 / 00649 WARRANTY DEED 1540SOCEAN LLC
04/19/2010 $10 23804 / 01453 WARRANTY DEED CARY EDITH F
03/30/2010 $0 23804 / 01451 SUMMARY ORDER CARY EDITH F
09/10/1997 $100 10183 / 01630 QUIT CLAIM CARY EDITH F
01/01/1974 $165,000 02266 / 00641
01/01/1972 $115,000 02035 / 00631 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

Number of Units 1
Total Square Feet* 0
Acres .77
Property Use Code 0000—VACANT
Zoning R-A—ESTATE 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-A 0.1339
1 OCEAN VIEW R-A 0.6321

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $0 $0 $0 $20,631 $14,538
Land Value $22,140,840 $20,295,730 $17,585,250 $4,053,800 $2,750,300
Total Market Value $22,140,840 $20,295,730 $17,585,250 $4,074,431 $2,764,838
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $0 $0 $0 $20,631 $14,538 $18,538 $13,963 $8,036 $8,036 $11,961
Land Value $22,140,840 $20,295,730 $17,585,250 $4,053,800 $2,750,300 $2,700,300 $2,625,300 $2,532,603 $2,058,783 $2,190,195
Total Market Value $22,140,840 $20,295,730 $17,585,250 $4,074,431 $2,764,838 $2,718,838 $2,639,263 $2,540,639 $2,066,819 $2,202,156

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $21,278,153 $19,343,775 $17,585,250 $1,035,158 $1,005,008
Exemption Amount $0 $0 $0 $50,500 $50,500
Taxable Value $21,278,153 $19,343,775 $17,585,250 $984,658 $954,508
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $21,278,153 $19,343,775 $17,585,250 $1,035,158 $1,005,008 $991,132 $968,848 $950,783 $931,227 $912,073
Exemption Amount $0 $0 $0 $50500 $50500 $50500 $50500 $50500 $50500 $50500
Taxable Value $21,278,153 $19,343,775 $17,585,250 $984,658 $954,508 $940,632 $918,348 $900,283 $880,727 $861,573

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $321,876 $293,660 $264,000 $15,420 $15,659
NON AD VALOREM $1,248 $1,248 $1,134 $638 $680
TOTAL TAX $323,124 $294,908 $265,134 $16,058 $16,339
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $321,876 $293,660 $264,000 $15,420 $15,659 $15,690 $15,587 $14,836 $14,839 $14,996
NON AD VALOREM $1,248 $1,248 $1,134 $638 $680 $669 $670 $674 $661 $170
TOTAL TAX $323,124 $294,908 $265,134 $16,058 $16,339 $16,359 $16,256 $15,511 $15,500 $15,166

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.