Property detail

Field Value
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 INFORMATION

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Owner(s) Mailing Address Actions
CFH LAND TRUST
10 BANK ST STE 840
WHITE PLAINS NY 10606 1952

Sales INFORMATION

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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.

Exemption INFORMATION

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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 0

Total Number of Units Per Parcel 0
Total Square Feet* 7724
Acres .41
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 1995 1167

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL R-B 0.3918
2 INTRACOASTAL WATERWAY STRIP R-B 0.0188

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $13,575 $1,330,991 $1,815,881 $3,343,332 $3,242,422
Land Value $21,332,800 $20,479,500 $18,772,900 $17,517,910 $15,273,400
Total Market Value $21,346,375 $20,810,000 $20,588,781 $20,861,242 $18,515,822
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $13,575 $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
Land Value $21,332,800 $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
Total Market Value $21,346,375 $20,810,000 $20,588,781 $20,861,242 $18,515,822 $11,661,347 $9,960,598 $10,948,026 $10,406,170 $10,696,805

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 $21,346,375 $20,810,000 $5,663,460 $5,498,505 $5,338,354
Exemption Amount $0 $0 $50,000 $50,000 $50,000
Taxable Value $21,346,375 $20,810,000 $5,613,460 $5,448,505 $5,288,354
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $21,346,375 $20,810,000 $5,663,460 $5,498,505 $5,338,354 $5,182,868 $5,111,310 $4,996,393 $4,903,232 $4,802,382
Exemption Amount $0 $0 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $21,346,375 $20,810,000 $5,613,460 $5,448,505 $5,288,354 $5,132,868 $5,061,310 $4,946,393 $4,853,232 $4,752,382

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $316,417 $309,424 $83,632 $81,958 $82,107
NON AD VALOREM $1,249 $1,453 $1,442 $1,322 $1,318
TOTAL TAX $317,666 $310,877 $85,074 $83,279 $83,424
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $316,417 $309,424 $83,632 $81,958 $82,107 $83,453 $83,656 $83,167 $79,257 $79,329
NON AD VALOREM $1,249 $1,453 $1,442 $1,322 $1,318 $1,434 $1,412 $1,412 $1,423 $1,394
TOTAL TAX $317,666 $310,877 $85,074 $83,279 $83,424 $84,887 $85,068 $84,579 $80,681 $80,723

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.