Property detail

Location Address 518 GARDENIA TER
Municipality DELRAY BEACH
Parcel Control Number 12-43-46-08-19-004-0110
Subdivision LAKE IDA SHORES 1ST ADD IN
Official Records Book/Page 35553 / 167
Sale Date 01/06/2025
Legal Description LAKE IDA SHORES 1ST ADD LOT 11 BLK 4

Owner INFORMATION

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Owner(s) Mailing Address
TRUST FINANCIAL LLC
518 GARDENIA TER
DELRAY BEACH FL 33444 1715

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
01/06/2025 $1,900,000 35553 / 00167 WARRANTY DEED TRUST FINANCIAL LLC
04/01/1996 $128,000 09214 / 01492 WARRANTY DEED PALMERI LOUIS &
03/01/1995 $117,500 08642 / 01931 WARRANTY DEED
01/01/1971 $38,500 01875 / 00433

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

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  • Save Our Homes (SOH) Base Year : 1998
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
PALMERI LOUIS & 2025 HOMESTEAD
PALMERI LOUIS & 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 1852
FUS Finished Upper Story 1123
FOP Finished Open Porch 72
FGR Finished Garage 600
Total Square Footage 3647
Area Under Air 2975

Number of Units 1
Total Square Feet* 3647
Acres .25
Property Use Code 0100—SINGLE FAMILY
Zoning R-1-AA—R-1-AA-SINGLE FAMILY (12-DELRAY BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Exterior Wall 1 MSY: CB STUCCO
Year Built 1970
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 0
Full Baths 4
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 PLASTER
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 N/A
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 1997 1
Screen Enclosure 1970 672
Patio 1970 288

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-1-AA 0.2491

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $342,001 $501,915 $525,529 $344,941 $288,660
Land Value $928,200 $834,848 $819,940 $677,600 $440,000
Total Market Value $1,270,201 $1,336,763 $1,345,469 $1,022,541 $728,660
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $342,001 $501,915 $525,529 $344,941 $288,660 $253,674 $236,989 $192,439 $267,400 $280,738
Land Value $928,200 $834,848 $819,940 $677,600 $440,000 $420,000 $400,000 $371,717 $371,717 $323,232
Total Market Value $1,270,201 $1,336,763 $1,345,469 $1,022,541 $728,660 $673,674 $636,989 $564,156 $639,117 $603,970

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $415,262 $403,559 $391,805 $380,393 $369,314
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $364,540 $353,559 $341,805 $330,393 $319,314
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $415,262 $403,559 $391,805 $380,393 $369,314 $364,215 $356,026 $349,388 $342,202 $335,164
Exemption Amount $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $364,540 $353,559 $341,805 $330,393 $319,314 $314,215 $306,026 $299,388 $292,202 $285,164

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $6,889 $6,592 $6,621 $6,595 $6,612
NON AD VALOREM $483 $354 $348 $248 $242
TOTAL TAX $7,372 $6,946 $6,969 $6,843 $6,854
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $6,889 $6,592 $6,621 $6,595 $6,612 $6,569 $6,475 $6,192 $6,172 $6,205
NON AD VALOREM $483 $354 $348 $248 $242 $237 $239 $239 $236 $234
TOTAL TAX $7,372 $6,946 $6,969 $6,843 $6,854 $6,806 $6,714 $6,431 $6,408 $6,439

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.