Property detail

Field Value
Location Address 1295 S OCEAN BLVD
Municipality PALM BEACH
Parcel Control Number 50-43-44-02-11-000-0051
Subdivision CASA APAVA
Official Records Book/Page 30718 / 1782
Sale Date 06/20/2019
Legal Description CASA APAVA LT 5 (LESS S 10 FT) & N 82 FT OF LT 6 LYG WITHIN N 210 FT OFLT 5

Owner INFORMATION

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Owner(s) Mailing Address Actions
WEMIO LLC
1295 S OCEAN BLVD
PALM BEACH FL 33480 5008

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/21/2019 $8,699,000 30718 / 01779 DEED OF TRUST WEMIO LLC
06/20/2019 $78,291,000 30718 / 01782 DEED OF TRUST WEMIO LLC
07/11/2014 $10 26968 / 00864 QUIT CLAIM MARITAL TRUST FBO &
06/25/2014 $10 26917 / 00699 QUIT CLAIM KRAMER IRWIN H TR &
06/25/2014 $0 26917 / 00696 QUIT CLAIM KRAMER IRWIN H TR &
07/01/1993 $4,000,000 07801 / 00652 WARRANTY DEED KRAMER TERRY ALLEN

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 1254
FCP Finished Carport 630
FBM Finished Basement 5318
BSM Basement 2230
BSM Basement 1026
BLC Balcony 364
BLC Balcony 350
BAS Base Area 10318
BAS Base Area 1776
BAS Base Area 832
BAS Base Area 916
UST Unfinished Storage 4499
FUS Finished Upper Story 4556
FST Finished Storage 204
FOP Finished Open Porch 735
FOP Finished Open Porch 400
FOP Finished Open Porch 400
FOP Finished Open Porch 645
FOP Finished Open Porch 645
Total Square Footage 37098
Area Under Air 18398

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 37098
Acres 2.61
Property Use Code 0100—SINGLE FAMILY
Zoning R-AA—LARGE 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 1995
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 13
Full Baths 15
Half Baths 0
Exterior Wall 2 MSY: PRECAST PNL/REIN. CO
Roof Structure GABLE/HIP
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 PLASTER
Interior Wall 2 N/A
Floor Type 1 CERAMIC/QUARRY TILE
Floor Type 2 MARBLE
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Wall 1995 1536
Elevator 1995 1
Spa 1995 1
Fountain 1995 1
Pool - In-Ground 1995 1

Property Land Details

Land Line # Description Zoning Acres
1 OCEAN R-AA 2.6080

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $38,068,101 $52,657,851 $62,950,967 $69,242,244 $67,018,949
Land Value $93,761,200 $86,548,800 $90,155,000 $72,124,000 $69,523,905
Total Market Value $131,829,301 $119,070,000 $144,202,075 $141,366,244 $136,542,854
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $38,068,101 $52,657,851 $62,950,967 $69,242,244 $67,018,949 $28,763,512 $26,272,610 $14,539,504 $13,110,304 $13,277,620
Land Value $93,761,200 $86,548,800 $90,155,000 $72,124,000 $69,523,905 $49,450,000 $44,290,000 $43,000,000 $42,593,624 $37,989,467
Total Market Value $131,829,301 $119,070,000 $144,202,075 $141,366,244 $136,542,854 $78,213,512 $70,562,610 $57,539,504 $55,703,928 $51,267,087

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 $125,005,968 $113,641,789 $103,310,717 $93,918,834 $85,380,758
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $125,005,968 $113,641,789 $103,310,717 $93,918,834 $85,380,758
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $125,005,968 $113,641,789 $103,310,717 $93,918,834 $85,380,758 $77,618,871 $70,562,610 $36,941,485 $36,252,684 $35,507,036
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $50000 $50000 $50000
Taxable Value $125,005,968 $113,641,789 $103,310,717 $93,918,834 $85,380,758 $77,618,871 $70,562,610 $36,891,485 $36,202,684 $35,457,036

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $1,895,862 $1,724,051 $1,794,460 $1,716,334 $1,656,509
NON AD VALOREM $6,959 $6,944 $6,932 $6,311 $6,307
TOTAL TAX $1,902,821 $1,730,995 $1,801,392 $1,722,645 $1,662,816
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $1,895,862 $1,724,051 $1,794,460 $1,716,334 $1,656,509 $1,263,462 $1,163,853 $619,122 $590,159 $590,770
NON AD VALOREM $6,959 $6,944 $6,932 $6,311 $6,307 $6,958 $6,864 $6,856 $6,917 $6,772
TOTAL TAX $1,902,821 $1,730,995 $1,801,392 $1,722,645 $1,662,816 $1,270,420 $1,170,717 $625,978 $597,076 $597,542

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.