Property detail

Field Value
Location Address 123 OCEAN AVE 101
Municipality PALM BEACH SHORES
Parcel Control Number 54-43-42-27-04-000-6160
Subdivision PALM BEACH SHORES IN PB 23 PGS 29 TO 32 INC
Official Records Book/Page 35334 / 1484
Sale Date 10/07/2024
Legal Description PALM BEACH SHORES LTS 616 & 617

Owner INFORMATION

+ -
Owner(s) Mailing Address Actions
LIONBRIGHT DEVELOPMENT LLC
4100 NE 2ND AVE
MIAMI FL 33137 3528

Sales INFORMATION

+ -
Sales Date Price OR Book/Page Sale Type Owner
10/07/2024 $13,000,000 35334 / 01484 WARRANTY DEED LIONBRIGHT DEVELOPMENT LLC
01/28/2021 $8,100,000 32196 / 00783 QUIT CLAIM KANNEGA GLADES LLC
11/20/2020 $4,800,000 31960 / 00876 DEED OF TRUST SEVEN SEAS RESORT LLC
08/16/2013 $4,000,000 26276 / 00095 WARRANTY DEED SEASPRAY RESORT LTD
03/26/2012 $2,450,000 25109 / 01270 WARRANTY DEED MAZAL TOV 123 LLC
06/01/1986 $100 05118 / 01317 QUIT CLAIM
01/01/1978 $1,270,000 02813 / 01774

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

+ -

No Exemption Information Available.

Property INFORMATION

+ -

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 0

Number of Units 0
Total Square Feet* 0
Acres .65
Property Use Code 0000—VACANT
Zoning D—MULTIPLE USE DISTRICT (54-PALM BEACH SHORES)

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
1 MULTI-FAMILY D 0.6508

Appraisals

+ -
Tax Year 2025 2024 2023 2022 2021
Improvement Value $0 $0 $0 $0 $0
Land Value $10,800,000 $0 $0 $4,000,000 $4,000,000
Total Market Value $10,800,000 $4,400,000 $4,400,000 $4,000,000 $4,000,000
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Land Value $10,800,000 $0 $0 $4,000,000 $4,000,000 $0 $0 $0 $0 $0
Total Market Value $10,800,000 $4,400,000 $4,400,000 $4,000,000 $4,000,000 $2,600,000 $2,600,000 $2,600,000 $2,600,000 $2,600,000

All values are as of January 1st each year

Assessed & taxable values

+ -
Tax Year 2025 2024 2023 2022 2021
Assessed Value $10,800,000 $4,400,000 $4,400,000 $4,000,000 $4,000,000
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $10,800,000 $4,400,000 $4,400,000 $4,000,000 $4,000,000
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $10,800,000 $4,400,000 $4,400,000 $4,000,000 $4,000,000 $2,600,000 $2,600,000 $2,600,000 $2,600,000 $2,600,000
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $10,800,000 $4,400,000 $4,400,000 $4,000,000 $4,000,000 $2,600,000 $2,600,000 $2,600,000 $2,600,000 $2,600,000

Taxes

+ -
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $211,530 $86,228 $86,858 $80,636 $82,760
NON AD VALOREM $0 $7,816 $7,569 $8,786 $8,345
TOTAL TAX $211,530 $94,044 $94,428 $89,422 $91,104
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $211,530 $86,228 $86,858 $80,636 $82,760 $54,236 $54,796 $52,265 $53,020 $54,269
NON AD VALOREM $0 $7,816 $7,569 $8,786 $8,345 $8,147 $8,425 $8,425 $8,639 $8,338
TOTAL TAX $211,530 $94,044 $94,428 $89,422 $91,104 $62,383 $63,221 $60,691 $61,658 $62,607

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.