Property detail

Field Value
Location Address 1260 N LAKE WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-03-06-000-0112
Subdivision BELLO LIDO
Official Records Book/Page 32405 / 1749
Sale Date 04/13/2021
Legal Description BELLO LIDO S 45 FT OF LTS 11 & 11-A & ALTO LIDO PB11P36 N 55 FT OF LTS 15 & 15-A

Owner INFORMATION

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Owner(s) Mailing Address Actions
1260 LAKE LLC
9002 BURMA RD STE 100
LAKE PARK FL 33403 1605

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
04/13/2021 $17,750,000 32405 / 01749 WARRANTY DEED 1260 LAKE LLC
11/09/2009 $10 23553 / 00329 WARRANTY DEED CUILLO ROBERT S
09/18/2000 $10 12089 / 01639 DEED OF TRUST CUILLO ROBERT S
06/01/1999 $3,400,000 11172 / 00876 WARRANTY DEED CUILLO ROBERT S
05/01/1999 $100 11171 / 00015 QUIT CLAIM
06/01/1991 $2,400,000 06852 / 00666 WARRANTY DEED
12/01/1987 $1,200,000 05528 / 01757 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.

Exemption INFORMATION

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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BLC Balcony 456
FGR Finished Garage 528
FOP Finished Open Porch 416
BLC Balcony 456
BLC Balcony 654
BAS Base Area 3856
FUS Finished Upper Story 3298
FOP Finished Open Porch 480
Total Square Footage 10144
Area Under Air 7154

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 10144
Acres .49
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 2025
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 6
Full Baths 8
Half Baths
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 MARBLE
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Boat Dock 1989 1092
Boat Lift 2012 1
Boat Lift 2011 1
Elevator 2025 1
Pool - In-Ground 2025 1
Fountain 2025 1
Bbq 2025 1
Wall 2023 1900

Property Land Details

Land Line # Description Zoning Acres
2 INTRACOASTAL WATERWAY STRIP R-B 0.0316
1 INTRACOASTAL R-B 0.4569

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $12,173,503 $70,714 $62,238 $34,543 $35,139
Land Value $24,879,050 $23,883,900 $21,893,600 $18,610,155 $16,266,350
Total Market Value $37,052,553 $23,954,614 $21,955,838 $18,644,698 $16,301,489
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $12,173,503 $70,714 $62,238 $34,543 $35,139 $1,603,208 $1,410,917 $1,432,576 $1,476,537 $1,500,087
Land Value $24,879,050 $23,883,900 $21,893,600 $18,610,155 $16,266,350 $9,036,262 $7,554,045 $9,090,000 $8,525,989 $8,974,725
Total Market Value $37,052,553 $23,954,614 $21,955,838 $18,644,698 $16,301,489 $10,639,470 $8,964,962 $10,522,576 $10,002,526 $10,474,812

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 $36,009,180 $21,732,269 $19,756,608 $17,931,638 $16,301,489
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $36,009,180 $21,732,269 $19,756,608 $17,931,638 $16,301,489
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $36,009,180 $21,732,269 $19,756,608 $17,931,638 $16,301,489 $5,017,392 $4,948,118 $4,836,870 $4,746,683 $4,649,053
Exemption Amount $0 $0 $0 $0 $0 $50000 $50000 $50000 $50000 $50000
Taxable Value $36,009,180 $21,732,269 $19,756,608 $17,931,638 $16,301,489 $4,967,392 $4,898,118 $4,786,870 $4,696,683 $4,599,053

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $540,324 $337,185 $307,675 $273,805 $252,593
NON AD VALOREM $1,466 $1,248 $1,248 $1,134 $1,134
TOTAL TAX $541,789 $338,432 $308,922 $274,939 $253,727
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $540,324 $337,185 $307,675 $273,805 $252,593 $80,768 $80,964 $80,490 $76,706 $76,775
NON AD VALOREM $1,466 $1,248 $1,248 $1,134 $1,134 $1,434 $1,412 $1,412 $1,423 $1,394
TOTAL TAX $541,789 $338,432 $308,922 $274,939 $253,727 $82,202 $82,376 $81,903 $78,130 $78,169

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.