| Location Address | 1050 N LAKE WAY |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-03-18-000-0152 |
| Subdivision | CORAL ESTATES IN |
| Official Records Book/Page | 35526 / 168 |
| Sale Date | 01/23/2025 |
| Legal Description | CORAL ESTATES LOTS 15 & 16 (LESS S 100 FT) & UNDIV INT IN LTS 1-A & 15-A |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
CFH LAND TRUST |
10 BANK ST STE 840
WHITE PLAINS NY 10606 1952 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 01/23/2025 | $23,750,000 | 35526 / 00168 | WARRANTY DEED | CFH LAND TRUST |
| 05/01/1995 | $3,900,000 | 08770 / 00650 | WARRANTY DEED | ENGELBERG ALFRED B & |
| 06/01/1984 | $100 | 04263 / 01165 | QUIT CLAIM | |
| 01/01/1980 | $600,000 | 03295 / 01927 |
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.
No Exemption Information Available.
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| UOP Unfinished Open Porch | 672 |
| BAS Base Area | 4311 |
| FUS Finished Upper Story | 2036 |
| FOP Finished Open Porch | 234 |
| FGR Finished Garage | 639 |
| FEP Finished Enclosed Porch | 672 |
| Total Square Footage | 8564 |
| Area Under Air | 6347 |
| Number of Units | 1 |
| Total Square Feet* | 8564 |
| Acres | .41 |
| 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 | 1963 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 5 |
| Full Baths | 5 |
| Half Baths | 1 |
| Exterior Wall 2 | NONE |
| Roof Structure | WOOD TRUSS |
| Roof Cover | BUILT-UP TAR/GRAVEL |
| Interior Wall 1 | PLYWOOD PNL. |
| Interior Wall 2 | DRYWALL |
| Floor Type 1 | HARDWOOD |
| Floor Type 2 | CERAMIC/QUARRY TILE |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Elevator | 2009 | 1 |
| Boat Dock | 1995 | 1167 |
| Pool - In-Ground | 1963 | 1 |
| Wall | 1963 | 210 |
| Boat Lift | 2005 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 2 | INTRACOASTAL WATERWAY STRIP | R-B | 0.0188 |
| 1 | OCEAN VIEW | R-B | 0.3918 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $1,330,991 | $1,815,881 | $3,343,332 | $3,242,422 | $3,921,255 |
| Land Value | $20,479,500 | $18,772,900 | $17,517,910 | $15,273,400 | $7,740,092 |
| Total Market Value | $21,810,491 | $20,588,781 | $20,861,242 | $18,515,822 | $11,661,347 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $1,330,991 | $1,815,881 | $3,343,332 | $3,242,422 | $3,921,255 | $3,578,408 | $3,878,026 | $3,024,714 | $2,926,851 | $2,309,405 |
| Land Value | $20,479,500 | $18,772,900 | $17,517,910 | $15,273,400 | $7,740,092 | $6,382,190 | $7,070,000 | $7,381,456 | $7,769,954 | $8,178,899 |
| Total Market Value | $21,810,491 | $20,588,781 | $20,861,242 | $18,515,822 | $11,661,347 | $9,960,598 | $10,948,026 | $10,406,170 | $10,696,805 | $10,488,304 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $21,810,491 | $5,663,460 | $5,498,505 | $5,338,354 | $5,182,868 |
| Exemption Amount | $0 | $50,000 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $21,810,491 | $5,613,460 | $5,448,505 | $5,288,354 | $5,132,868 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $21,810,491 | $5,663,460 | $5,498,505 | $5,338,354 | $5,182,868 | $5,111,310 | $4,996,393 | $4,903,232 | $4,802,382 | $4,703,606 |
| Exemption Amount | $0 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $21,810,491 | $5,613,460 | $5,448,505 | $5,288,354 | $5,132,868 | $5,061,310 | $4,946,393 | $4,853,232 | $4,752,382 | $4,653,606 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $324,339 | $83,632 | $81,958 | $82,107 | $83,453 |
| NON AD VALOREM | $1,455 | $1,442 | $1,322 | $1,318 | $1,434 |
| TOTAL TAX | $325,794 | $85,074 | $83,279 | $83,424 | $84,887 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $324,339 | $83,632 | $81,958 | $82,107 | $83,453 | $83,656 | $83,167 | $79,257 | $79,329 | $80,219 |
| NON AD VALOREM | $1,455 | $1,442 | $1,322 | $1,318 | $1,434 | $1,412 | $1,412 | $1,423 | $1,394 | $170 |
| TOTAL TAX | $325,794 | $85,074 | $83,279 | $83,424 | $84,887 | $85,068 | $84,579 | $80,681 | $80,723 | $80,389 |
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.