| Field | Value |
|---|---|
| Location Address | 1157 N LAKE WAY |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-02-01-000-0130 |
| Subdivision | EL ENCANTO IN |
| Official Records Book/Page | 26068 / 67 |
| Sale Date | 05/07/2013 |
| Legal Description | EL ENCANTO LT 13 |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
GABELLI MATTHEW |
1157 N LAKE WAY
PALM BEACH FL 33480 3248 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 05/07/2013 | $7,300,000 | 26068 / 00067 | WARRANTY DEED | GABELLI MATTHEW |
| 05/07/2013 | $10 | 26010 / 01775 | WARRANTY DEED | LERNER DANIEL M TRUST & |
| 04/20/2006 | $10 | 20378 / 01028 | WARRANTY DEED | LERNER DANIEL M & ELAINE G TRUST |
| 07/13/2001 | $3,675,000 | 12728 / 01812 | REP DEED | LERNER DANIEL M & |
| 01/01/1971 | $44,000 | 01962 / 00480 | ||
| 01/01/1970 | $110,000 | 01824 / 01819 | 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 : 2021
- Exemption Year : 2027
| Applicant/Owner(s) | Year | Detail |
|---|---|---|
| GABELLI MATTHEW | 2026 | HOMESTEAD |
| GABELLI MATTHEW | 2026 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FOP Finished Open Porch | 70 |
| FGR Finished Garage | 575 |
| BAS Base Area | 3597 |
| FOP Finished Open Porch | 247 |
| Total Square Footage | 4489 |
| Area Under Air | 3597 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 4489 |
| Acres | .42 |
| Property Use Code | 0100—SINGLE FAMILY |
| Zoning | R-B—LOW DENSITY 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 | 2003 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 3 |
| Full Baths | 4 |
| Half Baths | 1 |
| Exterior Wall 2 | NONE |
| Roof Structure | WOOD TRUSS |
| Roof Cover | CONCRETE TILE |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | MARBLE |
| Floor Type 2 | HARDWOOD |
| Stories | 1 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Boat Lift | 2003 | 1 |
| Pool - In-Ground | 2003 | 1 |
| Fountain | 2003 | 1 |
| Wall | 2003 | 1300 |
| Boat Dock | 2003 | 700 |
| Boat Dock | 1945 | 474 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 3 | RIGHT-OF-WAY | R-B | 0.0244 |
| 2 | INTRACOASTAL WATERWAY STRIP | R-B | 0.0337 |
| 1 | INTRACOASTAL | R-B | 0.3603 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $2,055,550 | $1,700,212 | $1,501,574 | $2,678,836 | $2,557,785 |
| Land Value | $19,616,850 | $18,832,200 | $17,262,900 | $16,989,605 | $14,793,150 |
| Total Market Value | $21,672,400 | $20,532,412 | $18,764,474 | $19,668,441 | $17,350,935 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $2,055,550 | $1,700,212 | $1,501,574 | $2,678,836 | $2,557,785 | $2,091,116 | $2,306,946 | $2,530,951 | $1,645,808 | $1,600,838 |
| Land Value | $19,616,850 | $18,832,200 | $17,262,900 | $16,989,605 | $14,793,150 | $7,125,222 | $6,470,230 | $7,070,000 | $7,088,467 | $7,461,545 |
| Total Market Value | $21,672,400 | $20,532,412 | $18,764,474 | $19,668,441 | $17,350,935 | $9,216,338 | $8,777,176 | $9,600,951 | $8,734,275 | $9,062,383 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $10,642,799 | $20,532,412 | $10,070,941 | $9,777,613 | $9,492,828 |
| Exemption Amount | $51,411 | $0 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $10,591,388 | $20,532,412 | $10,020,941 | $9,727,613 | $9,442,828 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $10,642,799 | $20,532,412 | $10,070,941 | $9,777,613 | $9,492,828 | $9,216,338 | $8,777,176 | $9,545,083 | $8,677,348 | $7,888,498 |
| Exemption Amount | $51411 | $0 | $50000 | $50000 | $50000 | $50000 | $0 | $0 | $0 | $0 |
| Taxable Value | $10,591,388 | $20,532,412 | $10,020,941 | $9,727,613 | $9,442,828 | $9,166,338 | $8,777,176 | $9,545,083 | $8,677,348 | $7,888,498 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $157,162 | $305,296 | $149,173 | $146,198 | $146,481 |
| NON AD VALOREM | $1,466 | $1,453 | $1,442 | $1,322 | $1,318 |
| TOTAL TAX | $158,628 | $306,749 | $150,615 | $147,520 | $147,798 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $157,162 | $305,296 | $149,173 | $146,198 | $146,481 | $148,897 | $144,770 | $160,542 | $141,789 | $139,343 |
| NON AD VALOREM | $1,466 | $1,453 | $1,442 | $1,322 | $1,318 | $1,434 | $1,412 | $1,412 | $1,423 | $1,394 |
| TOTAL TAX | $158,628 | $306,749 | $150,615 | $147,520 | $147,798 | $150,330 | $146,182 | $161,954 | $143,212 | $140,737 |
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.