Property detail

Field Value
Location Address 250 PALMO WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-03-04-000-0070
Subdivision FIRST ADD TO PALM BEACH
Official Records Book/Page 35043 / 1796
Sale Date 05/20/2024
Legal Description FIRST ADD TO PALM BEACH E 139.61 FT OF W 440 FT OF LT 10 LYG E OF LAKE WAY & ALTO LIDO PB11P36 LT 8

Owner INFORMATION

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Owner(s) Mailing Address Actions
CRESPI ROBERT S
CRESPI ROBERT S TR
ROBERT S CRESPI TR TITL HLDR
250 PALMO WAY
PALM BEACH FL 33480 3135

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
05/20/2024 $25,000,000 35043 / 01796 WARRANTY DEED CRESPI ROBERT S TRUST
06/03/2021 $17,000,000 32562 / 00634 WARRANTY DEED BELLOBELLA FAMILY TRUST &
03/19/2015 $10 27506 / 00869 WARRANTY DEED DURIEZ MARGARET
03/19/2015 $4,700,000 27411 / 00461 WARRANTY DEED DURIEZ MARGARET
02/18/2005 $10 18166 / 01992 REP DEED NEFF RICHARD B JR

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 : 2025
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
CRESPI ROBERT S 2026 HOMESTEAD
CRESPI ROBERT S 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BLC Balcony 275
FCB Finished Cabana 138
FGR Finished Garage 875
FOP Finished Open Porch 350
BLC Balcony 350
BAS Base Area 4590
FUS Finished Upper Story 738
FUS Finished Upper Story 3612
FOP Finished Open Porch 48
Total Square Footage 10976
Area Under Air 8940

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 10976
Acres .64
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

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*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 5
Half Baths 2
Roof Structure WOOD TRUSS
Roof Cover WOOD SHAKES
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 MARBLE
Floor Type 2 HARDWOOD
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 2017 1
Elevator 2017 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.6421

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $10,180,990 $8,996,967 $7,013,575 $9,341,305 $4,609,084
Land Value $14,282,700 $13,944,600 $13,997,189 $13,263,926 $11,530,620
Total Market Value $24,463,690 $22,941,567 $21,010,764 $22,605,231 $16,139,704
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $10,180,990 $8,996,967 $7,013,575 $9,341,305 $4,609,084 $4,493,334 $4,528,240 $4,088,817 $3,746,286 $0
Land Value $14,282,700 $13,944,600 $13,997,189 $13,263,926 $11,530,620 $5,513,281 $5,123,072 $4,657,338 $4,657,338 $3,882,653
Total Market Value $24,463,690 $22,941,567 $21,010,764 $22,605,231 $16,139,704 $10,006,615 $9,651,312 $8,746,155 $8,403,624 $3,882,653

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $23,560,989 $22,941,567 $17,122,612 $16,623,895 $16,139,704
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $23,509,578 $22,890,845 $17,072,612 $16,573,895 $16,089,704
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $23,560,989 $22,941,567 $17,122,612 $16,623,895 $16,139,704 $8,882,892 $8,760,249 $8,563,293 $8,403,624 $3,882,653
Exemption Amount $51411 $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $0
Taxable Value $23,509,578 $22,890,845 $17,072,612 $16,573,895 $16,089,704 $8,832,892 $8,710,249 $8,513,293 $8,353,624 $3,882,653

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $348,649 $340,527 $254,034 $248,979 $249,475
NON AD VALOREM $2,182 $2,157 $2,135 $1,963 $1,955
TOTAL TAX $350,830 $342,684 $256,169 $250,942 $251,430
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $348,649 $340,527 $254,034 $248,979 $249,475 $143,486 $143,841 $143,010 $136,303 $64,673
NON AD VALOREM $2,182 $2,157 $2,135 $1,963 $1,955 $2,114 $2,081 $2,082 $2,098 $1,711
TOTAL TAX $350,830 $342,684 $256,169 $250,942 $251,430 $145,600 $145,922 $145,092 $138,401 $66,384

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.