Property Detail
Location Address : 1240 N OCEAN WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-03-08-000-0240
Subdivision : ALTO LIDO
Official Records Book/Page : 05546 / 1927
Sale Date : 01/01/1988
Legal Description : ALTO LIDO LT 24
Owner Information
Owner(s) Mailing Address
COLLIER MARIA M
COLLIER TERRY K &
1240 N OCEAN WAY
PALM BEACH FL 33480 3141
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
01/01/1988 $425,000 05546 / 01927 WARRANTY DEED COLLIER TERRY K &
01/01/1979 $150,000 03115 / 00519
Exemption Information
Applicant/Owner(s) Year Detail
COLLIER TERRY K & 2026 HOMESTEAD
COLLIER TERRY K & 2026 ADDITIONAL HOMESTEAD
COLLIER MARIA M 2026 HOMESTEAD
COLLIER MARIA M 2026 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $271,998 $70,778 $10,146 $34,937 $20,939
Land Value $6,554,236 $6,599,560 $6,967,792 $5,460,819 $4,373,668
Total Market Value $6,826,234 $6,670,338 $6,977,938 $5,495,756 $4,394,607
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $910,925 $886,977 $804,059 $780,640 $757,903
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $859,514 $836,255 $754,059 $730,640 $707,903
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $12,907 $12,597 $11,371 $11,130 $11,132
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $13,873 $13,551 $12,314 $11,999 $11,996
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov