Property detail

Field Value
Location Address 1127 N LAKE WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-03-12-000-0550
Subdivision PALM BEACH SHORES REV PL IN
Official Records Book/Page 03265 / 1221
Sale Date 01/01/1980
Legal Description PALM BEACH SHORES-PALM BEACH LT 55

Owner INFORMATION

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Owner(s) Mailing Address Actions
BURKE VIRGINIA S
1127 N LAKE WAY
PALM BEACH FL 33480 3248

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
01/01/1980 $595,000 03265 / 01221 WARRANTY DEED BURKE VIRGINIA S
01/01/1978 $250,000 02819 / 00039
01/01/1967 $80,000 01514 / 00521 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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  • Save Our Homes (SOH) Base Year : 1994
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
BURKE VIRGINIA S 2026 HOMESTEAD
BURKE VIRGINIA S 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 153
BAS Base Area 153
FEP Finished Enclosed Porch 572
FOP Finished Open Porch 312
BAS Base Area 2995
BAS Base Area 45
SFB Semi Finished Base Area 118
Total Square Footage 4348
Area Under Air 3464

Field Value
Total Number of Units Per Parcel 2
Total Square Feet* 5335
Acres .54
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-RESIDENT
Exterior Wall 1 MSY: CB STUCCO
Year Built 1940
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 3
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 WOOD PANEL OR CUSTOM
Floor Type 1 CERAMIC/QUARRY TILE
Floor Type 2 MARBLE
Stories 1

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Sketch
for Building 1

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
FGR Finished Garage 572
BAS Base Area 415
Total Square Footage 987
Area Under Air 415

Field Value
Total Number of Units Per Parcel 2
Total Square Feet* 5335
Acres .54
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 2

Field Value
Bldg Type SFR
Exterior Wall 1 MSY: CB STUCCO
Year Built 1980
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 2
Full Baths 1
Half Baths 1
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 PLASTER
Interior Wall 2 N/A
Floor Type 1 CERAMIC/QUARRY TILE
Floor Type 2 N/A
Stories 1

Print Building 2 Details

 

Sketch
for Building 2

Property Extra Features

Description Year Built Units
Pool - In-Ground 1981 1
Wall 1981 265
Fountain 1981 1

Property Land Details

Land Line # Description Zoning Acres
2 INTRACOASTAL WATERWAY STRIP R-B 0.0459
1 INTRACOASTAL R-B 0.4899

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $180,754 $166,745 $166,210 $166,210 $6,800
Land Value $26,672,800 $25,605,900 $23,472,100 $19,309,810 $16,902,400
Total Market Value $26,853,554 $25,772,645 $23,638,310 $19,476,020 $16,909,200
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $180,754 $166,745 $166,210 $166,210 $6,800 $24,576 $21,592 $21,592 $19,267 $19,267
Land Value $26,672,800 $25,605,900 $23,472,100 $19,309,810 $16,902,400 $9,687,752 $8,284,280 $10,100,000 $9,814,801 $10,331,369
Total Market Value $26,853,554 $25,772,645 $23,638,310 $19,476,020 $16,909,200 $9,712,328 $8,305,872 $10,121,592 $9,834,068 $10,350,636

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 $2,912,076 $2,835,517 $2,755,604 $2,675,344 $2,597,421
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $2,860,665 $2,784,795 $2,705,604 $2,625,344 $2,547,421
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $2,912,076 $2,835,517 $2,755,604 $2,675,344 $2,597,421 $2,521,768 $2,486,951 $2,431,037 $2,385,709 $2,336,640
Exemption Amount $51411 $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $2,860,665 $2,784,795 $2,705,604 $2,625,344 $2,547,421 $2,471,768 $2,436,951 $2,381,037 $2,335,709 $2,286,640

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $42,570 $41,570 $40,391 $39,575 $39,636
NON AD VALOREM $1,715 $1,703 $1,691 $1,549 $1,545
TOTAL TAX $44,285 $43,272 $42,083 $41,123 $41,180
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $42,570 $41,570 $40,391 $39,575 $39,636 $40,277 $40,370 $40,127 $38,229 $38,257
NON AD VALOREM $1,715 $1,703 $1,691 $1,549 $1,545 $1,685 $1,660 $1,660 $1,673 $1,639
TOTAL TAX $44,285 $43,272 $42,083 $41,123 $41,180 $41,961 $42,030 $41,786 $39,902 $39,896

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.