Property detail

Field Value
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 Actions
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 1

Code Description square Footage
FUS Finished Upper Story 1344
FOP Finished Open Porch 24
FOP Finished Open Porch 256
FGR Finished Garage 1056
BSM Basement 1276
BLC Balcony 256
BLC Balcony 36
BLC Balcony 48
BAS Base Area 2358
BLC Balcony 22
Total Square Footage 6676
Area Under Air 3702

Field Value
Total Number of Units Per Parcel 2
Total Square Feet* 15191
Acres .77
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 MSY: CB STUCCO
Year Built 2025
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 3
Full Baths 4
Half Baths 1
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 MARBLE
Stories 3

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Sketch
for Building 1

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
BLC Balcony 22
BLC Balcony 33
BAS Base Area 2641
FUS Finished Upper Story 3521
BSM Basement 880
FOP Finished Open Porch 220
BLC Balcony 240
BLC Balcony 22
FGR Finished Garage 504
FOP Finished Open Porch 70
FOP Finished Open Porch 340
BLC Balcony 22
Total Square Footage 8515
Area Under Air 6162

Field Value
Total Number of Units Per Parcel 2
Total Square Feet* 15191
Acres .77
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 2025
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 5
Full Baths 7
Half Baths 2
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 MARBLE
Stories 3

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Sketch
for Building 2

Property Extra Features

Description Year Built Units
Elevator 2025 1
Tunnel 2025 1
Wall 2025 875
Pool - In-Ground 2025 1
Elevator 2025 1
Bbq 2025 1
Outdoor Fireplace 2025 1
Cabana 2025 160
Deck 2025 90
Patio 2025 490

Property Land Details

Land Line # Description Zoning Acres
1 OCEAN VIEW R-A 0.6320
2 OCEAN ACCESS BA 0.1339

Appraisals

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Tax Year 2025 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 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

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 $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 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 2024 2023 2022 2021
AD VALOREM $321,838 $293,660 $264,000 $15,420 $15,659
NON AD VALOREM $1,248 $1,248 $1,134 $638 $680
TOTAL TAX $323,086 $294,908 $265,134 $16,058 $16,339
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $321,838 $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 $323,086 $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.