Property detail

Field Value
Location Address 318 CARIBBEAN RD
Municipality PALM BEACH
Parcel Control Number 50-43-42-34-03-000-0752
Subdivision BOCA RATONE CO INLET SUB REV LAKE FRONT ADD
Official Records Book/Page 29541 / 454
Sale Date 12/14/2017
Legal Description BOCA RATON CO INLET SUB REV LAKE FRONT ADD SLY 110 FT OF LT 75, LT 88 (LESS NLY 20 FT OF W 3 FT), W 3 FT OF LT 89, LT 93 (LESS SLY 111.50 FT) & PT OF LT E IN OR25844P293)

Owner INFORMATION

+ -
Owner(s) Mailing Address Actions
FERNANDEZ LILLIAN F &
FERNANDEZ LUIS J
318 CARIBBEAN RD
PALM BEACH FL 33480 3012

Sales INFORMATION

+ -
Sales Date Price OR Book/Page Sale Type Owner
12/14/2017 $10 29541 / 00454 WARRANTY DEED FERNANDEZ LUIS J &
02/15/2013 $8,002,500 25844 / 00293 WARRANTY DEED 318 CARIBBEAN ROAD HOLDINGS LLC
09/26/2007 $10,500,000 22158 / 00949 WARRANTY DEED CARIBBEAN 318 LLC
05/15/2006 $12,500,000 20360 / 00217 WARRANTY DEED HEITZMAN EVAN W &

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

+ -
  • Save Our Homes (SOH) Base Year : 2018
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
FERNANDEZ LILLIAN F & 2026 HOMESTEAD
FERNANDEZ LILLIAN F & 2026 ADDITIONAL HOMESTEAD
FERNANDEZ LUIS J 2026 HOMESTEAD
FERNANDEZ LUIS J 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

+ -

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FGR Finished Garage 848
BLC Balcony 234
BAS Base Area 4736
BAS Base Area 642
BAS Base Area 352
FUS Finished Upper Story 312
FUS Finished Upper Story 420
FUS Finished Upper Story 2401
FST Finished Storage 15
FST Finished Storage 45
FOP Finished Open Porch 396
FOP Finished Open Porch 234
FOP Finished Open Porch 168
FOP Finished Open Porch 204
FOP Finished Open Porch 200
Total Square Footage 11207
Area Under Air 8863

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 11207
Acres .78
Property Use Code 0100—SINGLE FAMILY
Zoning R-A—ESTATE RESIDENTIAL (50-PALM BEACH)

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 2017
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 6
Full Baths 7
Half Baths 2
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover MOD. METAL
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 MARBLE
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 2017 1
Fountain 2017 1
Bbq 2017 1
Boat Dock 2017 1200
Elevator 2017 1

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL R-A 0.7834

Appraisals

+ -
Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $13,661,805 $11,084,930 $9,494,188 $16,882,350 $15,774,349
Land Value $39,112,500 $36,855,000 $33,783,750 $23,075,168 $20,390,625
Total Market Value $52,774,305 $47,939,930 $43,277,938 $39,957,518 $36,164,974
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $13,661,805 $11,084,930 $9,494,188 $16,882,350 $15,774,349 $7,552,914 $8,124,895 $8,892,153 $6,790,975 $0
Land Value $39,112,500 $36,855,000 $33,783,750 $23,075,168 $20,390,625 $13,943,475 $10,909,328 $10,908,000 $10,923,570 $11,498,494
Total Market Value $52,774,305 $47,939,930 $43,277,938 $39,957,518 $36,164,974 $21,496,389 $19,034,223 $19,800,153 $17,714,545 $11,498,494

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

+ -
Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $21,012,648 $20,460,222 $19,883,598 $19,304,464 $18,742,198
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $20,961,237 $20,409,500 $19,833,598 $19,254,464 $18,692,198
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $21,012,648 $20,460,222 $19,883,598 $19,304,464 $18,742,198 $18,196,309 $17,945,078 $17,541,621 $17,214,545 $9,763,634
Exemption Amount $51411 $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $0
Taxable Value $20,961,237 $20,409,500 $19,833,598 $19,254,464 $18,692,198 $18,146,309 $17,895,078 $17,491,621 $17,164,545 $9,763,634

Taxes

+ -
Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $310,874 $303,631 $295,091 $289,221 $289,800
NON AD VALOREM $0 $0 $0 $0 $0
TOTAL TAX $310,874 $303,631 $295,091 $289,221 $289,800
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $310,874 $303,631 $295,091 $289,221 $289,800 $294,598 $295,335 $293,643 $279,895 $174,374
NON AD VALOREM $0 $0 $0 $0 $0 $0 $1,611 $1,608 $1,623 $1,589
TOTAL TAX $310,874 $303,631 $295,091 $289,221 $289,800 $294,598 $296,946 $295,251 $281,518 $175,963

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.