Property detail

Location Address 5550 W GLADES RD
Municipality BOCA RATON
Parcel Control Number 06-42-47-14-00-000-7020
Subdivision
Official Records Book/Page 35258 / 1561
Sale Date 09/04/2024
Legal Description 14-47-42, TH PT OF SE 1/4 OF SW 1/4 LYG SLY OF SR 808 AS IN OR2987P1685

Owner INFORMATION

+ -
Owner(s) Mailing Address
5550 GLADES RD INVESTORS LLC &
NW RJS TIC LLC
TSAH RJS TIC LLC &
TSAH BSS TIC LLC &
2200 BUTTS RD STE 300
BOCA RATON FL 33431 7453

Sales INFORMATION

+ -
Sales Date Price OR Book/Page Sale Type Owner
09/04/2024 $32,000,000 35258 / 01561 WARRANTY DEED 5550 GLADES RD INVESTORS LLC &
12/12/2001 $13,250,000 13215 / 00152 WARRANTY DEED TOWN T LLC
06/01/1999 $10,680,700 11191 / 00719 WARRANTY DEED
06/01/1999 $33,707,000 11166 / 00882 WARRANTY DEED
06/01/1993 $4,750,000 07778 / 01449 WARRANTY DEED
12/01/1980 $13,527,800 04057 / 00512 WARRANTY DEED
01/01/1978 $60,000 02823 / 01537

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 1

Code Description square Footage
OFFICES 11778
OFFICES 48408
LOBBY 324
OFFICES 11355
Total Square Footage 71865

Number of Units 0
Total Square Feet* 86069
Acres 6.59
Property Use Code 1800—OFFICE BLDG- NON MEDICAL 4 STORIES & UP
Zoning CITY CG—BUSINESS (06-BOCA RATON)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Year Built 1980
OFFICE H-R 5ST 71865

Print Building 1 Details

 

Sketch
for Building 1

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
RESTAURANT 11344
RESTOUTSEATING 0
RESTAURANT 2860
Total Square Footage 14204

Number of Units 0
Total Square Feet* 86069
Acres 6.59
Property Use Code 1800—OFFICE BLDG- NON MEDICAL 4 STORIES & UP
Zoning CITY CG—BUSINESS (06-BOCA RATON)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 2

Year Built 1980
RESTAURANT 14204

Print Building 2 Details

 

Sketch
for Building 2

Property Extra Features

Description Year Built Units
Walkway-Concrete 1980 8517
Paving- Asphalt 1980 177620
Wall 1980 3326
Fence- Wrought Iron 2018 252
Commercial Fountain 2018 1
Walkway-Concrete 2018 888
Walkway-Concrete 2018 472

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL CITY CG 6.5853

Appraisals

+ -
Tax Year 2024 2023 2022 2021 2020
Improvement Value $14,103,903 $13,441,851 $13,006,505 $10,461,433 $10,959,290
Land Value $9,638,328 $9,638,328 $9,179,360 $7,868,433 $7,868,433
Total Market Value $23,742,231 $23,080,179 $22,185,865 $18,329,866 $18,827,723
Tax Year 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Improvement Value $14,103,903 $13,441,851 $13,006,505 $10,461,433 $10,959,290 $10,871,669 $10,655,794 $9,997,025 $9,125,309 $8,433,303
Land Value $9,638,328 $9,638,328 $9,179,360 $7,868,433 $7,868,433 $7,492,653 $7,274,643 $6,927,548 $6,597,665 $6,310,810
Total Market Value $23,742,231 $23,080,179 $22,185,865 $18,329,866 $18,827,723 $18,364,322 $17,930,437 $16,924,573 $15,722,974 $14,744,113

All values are as of January 1st each year

Assessed & taxable values

+ -
Tax Year 2024 2023 2022 2021 2020
Assessed Value $23,742,231 $22,179,138 $20,162,853 $18,329,866 $18,827,723
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $23,742,231 $22,179,138 $20,162,853 $18,329,866 $18,827,723
Tax Year 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Assessed Value $23,742,231 $22,179,138 $20,162,853 $18,329,866 $18,827,723 $18,364,322 $17,930,437 $16,924,573 $15,722,974 $14,415,657
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $23,742,231 $22,179,138 $20,162,853 $18,329,866 $18,827,723 $18,364,322 $17,930,437 $16,924,573 $15,722,974 $14,415,657

Taxes

+ -
Tax Year 2024 2023 2022 2021 2020
AD VALOREM $403,922 $386,410 $367,254 $330,982 $339,993
NON AD VALOREM $59,412 $58,291 $56,692 $52,998 $52,383
TOTAL TAX $463,334 $444,701 $423,945 $383,981 $392,376
Tax Year 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
AD VALOREM $403,922 $386,410 $367,254 $330,982 $339,993 $336,117 $318,362 $305,431 $291,238 $279,026
NON AD VALOREM $59,412 $58,291 $56,692 $52,998 $52,383 $53,256 $51,311 $51,820 $47,324 $44,317
TOTAL TAX $463,334 $444,701 $423,945 $383,981 $392,376 $389,372 $369,673 $357,251 $338,563 $323,343

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.