| Field | Value |
|---|---|
| Location Address | 325 E KEY PALM RD |
| Municipality | BOCA RATON |
| Parcel Control Number | 06-43-47-29-10-003-0200 |
| Subdivision | ROYAL PALM YACHT & COUNTRY CLUB SUB |
| Official Records Book/Page | 24927 / 1021 |
| Sale Date | 12/23/2011 |
| Legal Description | ROYAL PALM YACHT & CNTRY CLUB LT 20 BLK 3 |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
WALLACE DAVID & WALLACE PATRICIA |
325 E KEY PALM RD
BOCA RATON FL 33432 7925 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 12/23/2011 | $2,500,000 | 24927 / 01021 | WARRANTY DEED | WALLACE DAVID & |
| 07/09/2003 | $3,636,199 | 15624 / 00886 | WARRANTY DEED | KENELLY JOHN S & |
| 04/17/2002 | $10 | 13715 / 01644 | WARRANTY DEED | SCHMIDT RICHARD |
| 04/16/2002 | $3,500,000 | 13635 / 00365 | WARRANTY DEED | SCHMIDT RICHARD |
| 12/01/1993 | $1,659,400 | 08109 / 00704 | WARRANTY DEED | |
| 07/01/1992 | $5,957,000 | 07330 / 00176 | CERT OF TITLE | |
| 01/01/1978 | $125,000 | 02883 / 01706 | ||
| 01/01/1970 | $94,000 | 01856 / 00733 | WARRANTY DEED |
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.
- Save Our Homes (SOH) Base Year : 2014
- Exemption Year : 2027
| Applicant/Owner(s) | Year | Detail |
|---|---|---|
| WALLACE DAVID & | 2026 | HOMESTEAD |
| WALLACE DAVID & | 2026 | ADDITIONAL HOMESTEAD |
| WALLACE PATRICIA | 2026 | HOMESTEAD |
| WALLACE PATRICIA | 2026 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FOP Finished Open Porch | 380 |
| BLC Balcony | 382 |
| FGR Finished Garage | 1052 |
| BLC Balcony | 28 |
| BAS Base Area | 4785 |
| FUS Finished Upper Story | 5102 |
| FOP Finished Open Porch | 106 |
| FOP Finished Open Porch | 441 |
| FOP Finished Open Porch | 1112 |
| FOP Finished Open Porch | 333 |
| Total Square Footage | 13721 |
| Area Under Air | 9887 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 13721 |
| Acres | .47 |
| Property Use Code | 0100—SINGLE FAMILY |
| Zoning | R-1-A—RESIDENTIAL (LOW) (06-BOCA RATON) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 1
| Field | Value |
|---|---|
| Bldg Type | EXC-LUX.RES |
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 2013 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 6 |
| Full Baths | 6 |
| Half Baths | 2 |
| Roof Structure | WOOD TRUSS |
| Roof Cover | CLAY/BERMUDA TILE |
| Interior Wall 1 | DECORATIVE WALL CVR |
| Floor Type 1 | MARBLE |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Elevator | 2013 | 1 |
| Boat Dock | 2013 | 240 |
| Pool - In-Ground | 2013 | 1 |
| Spa | 2013 | 1 |
| Bbq | 2013 | 1 |
| Wall | 2013 | 2197 |
| Boat Dock | 2013 | 120 |
| Boat Lift | 2013 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | INTRACOASTAL CANAL | R-1-A | 0.4652 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $4,933,877 | $5,241,207 | $5,943,726 | $5,812,838 | $5,261,538 |
| Land Value | $7,907,800 | $7,263,907 | $7,263,907 | $7,337,280 | $5,558,500 |
| Total Market Value | $12,841,677 | $12,505,114 | $13,207,633 | $13,150,118 | $10,820,038 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $4,933,877 | $5,241,207 | $5,943,726 | $5,812,838 | $5,261,538 | $4,472,123 | $4,219,429 | $4,434,403 | $3,642,694 | $3,946,028 |
| Land Value | $7,907,800 | $7,263,907 | $7,263,907 | $7,337,280 | $5,558,500 | $4,042,500 | $3,675,000 | $3,500,000 | $3,457,905 | $3,143,550 |
| Total Market Value | $12,841,677 | $12,505,114 | $13,207,633 | $13,150,118 | $10,820,038 | $8,514,623 | $7,894,429 | $7,934,403 | $7,100,599 | $7,089,578 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $8,044,123 | $7,832,642 | $7,611,897 | $7,390,191 | $7,174,943 |
| Exemption Amount | $51,411 | $50,722 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $7,992,712 | $7,781,920 | $7,561,897 | $7,340,191 | $7,124,943 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $8,044,123 | $7,832,642 | $7,611,897 | $7,390,191 | $7,174,943 | $6,965,964 | $6,869,787 | $6,715,334 | $6,590,122 | $6,454,576 |
| Exemption Amount | $51411 | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $7,992,712 | $7,781,920 | $7,561,897 | $7,340,191 | $7,124,943 | $6,915,964 | $6,819,787 | $6,665,334 | $6,540,122 | $6,404,576 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $135,315 | $132,478 | $128,807 | $126,118 | $125,279 |
| NON AD VALOREM | $441 | $360 | $349 | $343 | $339 |
| TOTAL TAX | $135,756 | $132,838 | $129,156 | $126,461 | $125,618 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $135,315 | $132,478 | $128,807 | $126,118 | $125,279 | $125,053 | $123,328 | $122,173 | $116,287 | $115,750 |
| NON AD VALOREM | $441 | $360 | $349 | $343 | $339 | $323 | $318 | $320 | $310 | $297 |
| TOTAL TAX | $135,756 | $132,838 | $129,156 | $126,461 | $125,618 | $125,376 | $123,646 | $122,493 | $116,597 | $116,047 |
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.