| Location Address | 1550 S OCEAN BLVD |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-44-02-04-000-0012 |
| Subdivision | LAGOMAR PARK NO 2 IN |
| Official Records Book/Page | 08735 / 1956 |
| Sale Date | 03/01/1994 |
| Legal Description | LAGOMAR PARK NO 2 PART OF LOT 1 & N 8.32 FT OF S 90.82 FT OF E 13.27 FT OF LT10 IN OR276P80 & N 15 FT OF LT 1-A |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
OSMENA MARIA V MARIA V OSMENA TR TITL HLDR OSMENA MARIA V TR |
1550 S OCEAN BLVD
PALM BEACH FL 33480 5103 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 03/01/1994 | $100 | 08735 / 01956 | QUIT CLAIM | |
| 03/01/1994 | $100 | 08155 / 00593 | QUIT CLAIM | |
| 05/01/1993 | $1,600,000 | 07717 / 00856 | REP DEED | |
| 08/01/1991 | $1,285,000 | 06951 / 01142 | WARRANTY DEED | |
| 03/01/1986 | $730,000 | 04810 / 01709 | WARRANTY DEED | |
| 01/01/1977 | $185,000 | 02628 / 01126 |
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.
- Save Our Homes (SOH) Base Year : 1995
- Exemption Year : 2025
| Applicant/Owner(s) | Year | Detail | ||
|---|---|---|---|---|
| OSMENA MARIA V | 2025 | HOMESTEAD | ||
| OSMENA MARIA V | 2025 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| UEP Unfinished Encl. Porch | 96 |
| BAS Base Area | 1148 |
| FUS Finished Upper Story | 1148 |
| FUS Finished Upper Story | 1148 |
| FOP Finished Open Porch | 96 |
| FOP Finished Open Porch | 350 |
| FOP Finished Open Porch | 190 |
| Total Square Footage | 4176 |
| Area Under Air | 3444 |
| Number of Units | 1 |
| Total Square Feet* | 4176 |
| Acres | .26 |
| 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 1
| Bldg Type | EXC-LUX.RES |
| Exterior Wall 1 | WSF: BRICK |
| Year Built | 1928 |
| 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 | NONE |
| Roof Structure | GABLE/HIP |
| Roof Cover | CLAY/BERMUDA TILE |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | CERAMIC/QUARRY TILE |
| Floor Type 2 | N/A |
| Stories | 3 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Wall | 1928 | 360 |
| Wall | 1928 | 1400 |
| Fountain | 1987 | 1 |
| Pool - In-Ground | 1928 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | OCEAN VIEW | R-A | 0.2634 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $2,118,719 | $2,324,972 | $2,673,459 | $2,000,115 | $2,580,345 |
| Land Value | $5,887,560 | $5,396,930 | $4,906,300 | $4,460,280 | $3,720,000 |
| Total Market Value | $8,006,279 | $7,721,902 | $7,579,759 | $6,460,395 | $6,300,345 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $2,118,719 | $2,324,972 | $2,673,459 | $2,000,115 | $2,580,345 | $1,274,835 | $1,400,736 | $1,162,234 | $1,160,805 | $1,160,413 |
| Land Value | $5,887,560 | $5,396,930 | $4,906,300 | $4,460,280 | $3,720,000 | $2,610,000 | $3,000,000 | $3,163,439 | $2,636,199 | $2,584,509 |
| Total Market Value | $8,006,279 | $7,721,902 | $7,579,759 | $6,460,395 | $6,300,345 | $3,884,835 | $4,400,736 | $4,325,673 | $3,797,004 | $3,744,922 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $2,352,967 | $2,286,654 | $2,220,052 | $2,155,390 | $2,092,612 |
| Exemption Amount | $50,722 | $50,000 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $2,302,245 | $2,236,654 | $2,170,052 | $2,105,390 | $2,042,612 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $2,352,967 | $2,286,654 | $2,220,052 | $2,155,390 | $2,092,612 | $2,063,720 | $2,017,322 | $1,979,708 | $1,938,989 | $1,899,108 |
| Exemption Amount | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $2,302,245 | $2,236,654 | $2,170,052 | $2,105,390 | $2,042,612 | $2,013,720 | $1,967,322 | $1,929,708 | $1,888,989 | $1,849,108 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $34,399 | $33,418 | $32,740 | $32,786 | $33,313 |
| NON AD VALOREM | $207 | $194 | $188 | $184 | $178 |
| TOTAL TAX | $34,606 | $33,612 | $32,928 | $32,970 | $33,491 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $34,399 | $33,418 | $32,740 | $32,786 | $33,313 | $33,389 | $33,186 | $31,613 | $31,634 | $31,982 |
| NON AD VALOREM | $207 | $194 | $188 | $184 | $178 | $173 | $175 | $175 | $172 | $170 |
| TOTAL TAX | $34,606 | $33,612 | $32,928 | $32,970 | $33,491 | $33,562 | $33,361 | $31,788 | $31,806 | $32,152 |
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.
