Property detail

Location Address 1742 S OCEAN BLVD
Municipality PALM BEACH
Parcel Control Number 50-43-44-11-03-000-1052
Subdivision PALM BEACH ESTS PB IN
Official Records Book/Page 35834 / 233
Sale Date 06/18/2025
Legal Description PALM BEACH ESTATES, SLY 106.5 FT OF LT 105 (LESS NLY 56.38 FT LYG E OF & ADJ TO OCEAN BLVD R/W, WLY 161.4 FT & OCEAN BLVD R/W) & NLY 6 FT OF LT 106 (LESS WLY 161.4 FT & OCEAN BLVD R/W)

Owner INFORMATION

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Owner(s) Mailing Address
1742 SOUTH OCEAN TRUST
1742 S OCEAN BLVD
PALM BEACH FL 33480 5105

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/18/2025 $38,750,000 35834 / 00233 WARRANTY DEED 1742 SOUTH OCEAN TRUST
02/13/2020 $10,000,000 31271 / 01873 WARRANTY DEED 1742 LLC
01/07/2004 $3,900,000 16464 / 01466 DEED OF TRUST LEHMANN GUNTHER E
01/01/1991 $2,075,000 06716 / 01246 WARRANTY DEED HINES ADDISON TRUST EST
11/01/1987 $100 05492 / 00690 QUIT CLAIM
05/01/1986 $562,500 04879 / 00923 WARRANTY DEED
06/01/1982 $160,000 03785 / 00497 WARRANTY DEED
01/01/1980 $210,000 03274 / 00513

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
NVA No Value Area 440
FUS Finished Upper Story 4228
BAS Base Area 3942
FOP Finished Open Porch 165
FOP Finished Open Porch 110
FGR Finished Garage 726
BLC Balcony 110
BLC Balcony 165
Total Square Footage 9886
Area Under Air 8170

Number of Units 1
Total Square Feet* 9886
Acres .62
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

Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 2024
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 6
Full Baths 7
Half Baths 1
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 DECORATIVE WALL CVR
Floor Type 1 MARBLE
Floor Type 2 HARDWOOD
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Wall 1987 1800
Elevator 2024 1
Bbq 2024 1
Pool - In-Ground 2024 1
Deck 2024 168

Property Land Details

Land Line # Description Zoning Acres
2 OCEAN ACCESS R-A 0.0971
1 OCEAN VIEW R-A 0.4427
3 RIGHT-OF-WAY R-A 0.0764

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $9,623,422 $10,971 $11,448 $11,687 $513,038
Land Value $14,090,200 $12,916,010 $11,741,900 $10,030,235 $8,680,600
Total Market Value $23,713,622 $12,926,981 $11,753,348 $10,041,922 $9,193,638
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $9,623,422 $10,971 $11,448 $11,687 $513,038 $447,151 $453,409 $489,389 $494,749 $673,531
Land Value $14,090,200 $12,916,010 $11,741,900 $10,030,235 $8,680,600 $6,090,000 $7,000,000 $6,813,560 $5,677,967 $5,566,634
Total Market Value $23,713,622 $12,926,981 $11,753,348 $10,041,922 $9,193,638 $6,537,151 $7,453,409 $7,302,949 $6,172,716 $6,240,165

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 $22,339,191 $11,567,002 $10,515,456 $9,559,505 $9,193,638
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $22,339,191 $11,567,002 $10,515,456 $9,559,505 $9,193,638
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $22,339,191 $11,567,002 $10,515,456 $9,559,505 $9,193,638 $6,537,151 $7,453,409 $6,789,988 $6,172,716 $6,240,165
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $22,339,191 $11,567,002 $10,515,456 $9,559,505 $9,193,638 $6,537,151 $7,453,409 $6,789,988 $6,172,716 $6,240,165

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $340,889 $180,593 $165,857 $151,270 $149,168
NON AD VALOREM $207 $0 $0 $0 $178
TOTAL TAX $341,096 $180,593 $165,857 $151,270 $149,346
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $340,889 $180,593 $165,857 $151,270 $149,168 $107,823 $125,049 $114,028 $102,818 $107,331
NON AD VALOREM $207 $0 $0 $0 $178 $1,164 $1,165 $1,174 $1,150 $170
TOTAL TAX $341,096 $180,593 $165,857 $151,270 $149,346 $108,987 $126,214 $115,201 $103,967 $107,501

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.