Property detail

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

Number of Units 1
Total Square Feet* 10144
Acres .49
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

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
Wall 2023 1900
Elevator 2025 1
Pool - In-Ground 2025 1
Fountain 2025 1
Bbq 2025 1

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 2025 2024 2023 2022 2021
Improvement Value $70,714 $62,238 $34,543 $35,139 $1,603,208
Land Value $23,883,900 $21,893,600 $18,610,155 $16,266,350 $9,036,262
Total Market Value $23,954,614 $21,955,838 $18,644,698 $16,301,489 $10,639,470
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $70,714 $62,238 $34,543 $35,139 $1,603,208 $1,410,917 $1,432,576 $1,476,537 $1,500,087 $1,398,818
Land Value $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 $9,447,079
Total Market Value $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 $10,845,897

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 2024 2023 2022 2021
Assessed Value $21,732,269 $19,756,608 $17,931,638 $16,301,489 $5,017,392
Exemption Amount $0 $0 $0 $0 $50,000
Taxable Value $21,732,269 $19,756,608 $17,931,638 $16,301,489 $4,967,392
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $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 $4,553,431
Exemption Amount $0 $0 $0 $0 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $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 $4,503,431

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $337,185 $307,675 $273,805 $252,593 $80,768
NON AD VALOREM $1,248 $1,248 $1,134 $1,134 $1,434
TOTAL TAX $338,432 $308,922 $274,939 $253,727 $82,202
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $337,185 $307,675 $273,805 $252,593 $80,768 $80,964 $80,490 $76,706 $76,775 $77,636
NON AD VALOREM $1,248 $1,248 $1,134 $1,134 $1,434 $1,412 $1,412 $1,423 $1,394 $170
TOTAL TAX $338,432 $308,922 $274,939 $253,727 $82,202 $82,376 $81,903 $78,130 $78,169 $77,806

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.