Property detail

Field Value
Location Address 250 BAHAMA LN
Municipality PALM BEACH
Parcel Control Number 50-43-43-10-02-000-0150
Subdivision BAHAMA ADD IN
Official Records Book/Page 35125 / 21
Sale Date 07/02/2024
Legal Description BAHAMA ADDITION LT 15

Owner INFORMATION

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Owner(s) Mailing Address Actions
WOOD PRINCE MEREDITH
WOOD PRINCE PATRICK &
250 BAHAMA LN
PALM BEACH FL 33480 3308

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
07/02/2024 $6,350,000 35125 / 00021 WARRANTY DEED WOOD PRINCE PATRICK &
06/30/2022 $6,200,000 33685 / 00539 WARRANTY DEED 250 BAHAMA LANE LAND TRUST
06/01/2022 $5,350,525 33622 / 00658 WARRANTY DEED 320 SUNSET ROAD LLC
08/19/2010 $10 24056 / 00990 DEED OF TRUST BAKER JEFFREY E L
09/01/1992 $100 07406 / 00246 QUIT CLAIM BAKER BRENDA TR

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 : 2026
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
WOOD PRINCE PATRICK & 2027 ADDITIONAL HOMESTEAD
WOOD PRINCE PATRICK & 2027 HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FOP Finished Open Porch 192
FCP Finished Carport 420
BAS Base Area 1984
FST Finished Storage 105
FSP Finished Screened Porch 360
Total Square Footage 3061
Area Under Air 1984

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 3061
Acres .23
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 SFR
Exterior Wall 1 MSY: CB STUCCO
Year Built 1958
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 3
Full Baths 2
Half Baths 1
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 LAMINATE TILES
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Patio 1958 792

Property Land Details

Land Line # Description Zoning Acres
1 SFR GOLF COURSE R-B 0.2335

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $231,560 $131,253 $115,553 $374,919 $11,022
Land Value $5,491,800 $4,624,808 $5,746,050 $5,339,250 $3,864,600
Total Market Value $5,723,360 $4,756,061 $5,861,603 $5,714,169 $3,875,622
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $231,560 $131,253 $115,553 $374,919 $11,022 $8,029 $4,535 $8,624 $7,850 $7,850
Land Value $5,491,800 $4,624,808 $5,746,050 $5,339,250 $3,864,600 $2,420,460 $2,196,720 $2,034,000 $2,440,800 $1,827,778
Total Market Value $5,723,360 $4,756,061 $5,861,603 $5,714,169 $3,875,622 $2,428,489 $2,201,255 $2,042,624 $2,448,650 $1,835,628

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 $5,723,360 $4,756,061 $5,861,603 $5,714,169 $2,624,413
Exemption Amount $0 $50,722 $0 $0 $0
Taxable Value $5,723,360 $4,705,339 $5,861,603 $5,714,169 $2,624,413
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $5,723,360 $4,756,061 $5,861,603 $5,714,169 $2,624,413 $2,385,830 $2,168,936 $1,971,760 $1,792,509 $1,629,554
Exemption Amount $0 $50722 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $5,723,360 $4,705,339 $5,861,603 $5,714,169 $2,624,413 $2,385,830 $2,168,936 $1,971,760 $1,792,509 $1,629,554

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $84,837 $70,126 $87,164 $85,785 $48,822
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $85,803 $71,080 $88,107 $86,653 $49,686
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $84,837 $70,126 $87,164 $85,785 $48,822 $39,004 $36,001 $33,589 $33,525 $28,538
NON AD VALOREM $966 $954 $943 $868 $864 $931 $916 $917 $924 $905
TOTAL TAX $85,803 $71,080 $88,107 $86,653 $49,686 $39,935 $36,917 $34,506 $34,449 $29,443

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.