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 0

Number of Units 0
Total Square Feet* 0
Acres .49
Property Use Code 0000—VACANT
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 0

No Data Found

Sketch
for Building 0

No Data Found

Property Extra Features

Description Year Built Units
Boat Dock 1989 1092
Boat Lift 2012 1
Boat Lift 2011 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 2025 P 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 P 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

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 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 P 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 P 2024 2023 2022 2021
AD VALOREM $337,224 $307,675 $273,805 $252,593 $80,768
NON AD VALOREM $1,248 $1,248 $1,134 $1,134 $1,434
TOTAL TAX $338,472 $308,922 $274,939 $253,727 $82,202
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $337,224 $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 $338,472 $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.