Property Detail

Location Address :	1237 N OCEAN WAY
Municipality :	PALM BEACH
Parcel Control Number :	50-43-43-03-08-000-0010
Subdivision :	ALTO LIDO
Official Records Book/Page :	24053 / 974
Sale Date :	08/27/2010
Legal Description :	ALTO LIDO LTS 1, 1-A, 2 & 2-A

Owner Information

Owner(s)	Mailing Address
SMITH MATTHEW K & SMITH TRACY E	1237 N OCEAN WAY PALM BEACH FL 33480 3138

Sales Information

Sales Date	Price	OR Book/Page	Sale Type	Owner
08/27/2010	$6,800,000	24053 / 00974	WARRANTY DEED	SMITH MATTHEW K &
02/22/2008	$10	22484 / 00733	REP DEED	SMITH BERNADETTE C
01/01/1977	$350,000	02715 / 00826

Exemption Information

Applicant/Owner(s)	Year	Detail
SMITH MATTHEW K &	2026	HOMESTEAD
SMITH MATTHEW K &	2026	ADDITIONAL HOMESTEAD
SMITH TRACY E	2026	HOMESTEAD
SMITH TRACY E	2026	ADDITIONAL HOMESTEAD

Appraisals

Tax Year	2026	2025	2024	2023	2022
Improvement Value	$19,910,949	$19,084,680	$20,250,796	$22,799,393	$22,614,281
Land Value	$31,641,193	$30,869,542	$28,296,790	$28,314,350	$14,328,050
Total Market Value	$51,552,142	$49,954,222	$48,547,586	$51,113,743	$36,942,331

Assessed and Taxable Values

Tax Year	2026	2025	2024	2023	2022
Assessed Value	$16,445,880	$16,013,515	$15,562,211	$15,108,943	$14,668,877
Exemption Amount	$51,411	$50,722	$50,000	$50,000	$50,000
Taxable Value	$16,394,469	$15,962,793	$15,512,211	$15,058,943	$14,618,877

Taxes

Tax Year	2026	2025	2024	2023	2022
AD VALOREM	$243,181	$237,513	$230,831	$226,235	$226,684
NON AD VALOREM	$434	$410	$388	$376	$368
TOTAL TAX	$243,615	$237,923	$231,219	$226,611	$227,052

Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov