Property Detail
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 Information
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 Information
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
Exemption Information
Applicant/Owner(s) Year Detail
OSMENA MARIA V 2025 HOMESTEAD
OSMENA MARIA V 2025 ADDITIONAL HOMESTEAD
Property Information
Number of Units : 1
*Total Square Feet : 4176
Acres : .26
Property Use Code : 0100—SINGLE FAMILY
Zoning : R-A—ESTATE RESIDENTIAL (50-PALM BEACH)
Building Details

Structural Details

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

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
Sketch for Building 1
Building 1 Layout

Property Extra Feature

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
Appraisals
Tax Year 2025 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
Assessed and Taxable Values
Tax Year 2025 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
Taxes
Tax Year 2025 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
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov