| Field | Value |
|---|---|
| Location Address | 240 BAHAMA LN |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-10-02-000-0170 |
| Subdivision | BAHAMA ADD IN |
| Official Records Book/Page | 32036 / 1983 |
| Sale Date | 12/22/2020 |
| Legal Description | BAHAMA ADDITION LT 17 |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
GRACE JOHN R GRACE JOHN R TR JOHN R GRACE TR TITL HLDR |
240 BAHAMA LN
PALM BEACH FL 33480 3308 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 12/22/2020 | $10 | 32036 / 01983 | WARRANTY DEED | GRACE SHERRI L TRUST |
| 11/09/2020 | $10 | 31902 / 01160 | WARRANTY DEED | GRACE SHERRI L |
| 12/30/2013 | $2,910,000 | 26534 / 01986 | WARRANTY DEED | GRACE JOHN R & |
| 06/03/2005 | $3,350,000 | 18697 / 00324 | WARRANTY DEED | PALM BEACH POOH LLC |
| 05/01/1995 | $416,000 | 08753 / 01923 | WARRANTY DEED | |
| 07/01/1992 | $600,000 | 07354 / 00782 | REP 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.
- Save Our Homes (SOH) Base Year : 2014
- Exemption Year : 2027
| Applicant/Owner(s) | Year | Detail |
|---|---|---|
| GRACE JOHN R | 2026 | HOMESTEAD |
| GRACE JOHN R | 2026 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FGR Finished Garage | 346 |
| FOP Finished Open Porch | 36 |
| BAS Base Area | 110 |
| BAS Base Area | 1864 |
| UOP Unfinished Open Porch | 221 |
| FUS Finished Upper Story | 1743 |
| NVA No Value Area | 30 |
| Total Square Footage | 4350 |
| Area Under Air | 3717 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 4350 |
| Acres | .23 |
| 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
| Field | Value |
|---|---|
| Bldg Type | EXC-LUX.RES |
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 1996 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 4 |
| Full Baths | 3 |
| Half Baths | 1 |
| Exterior Wall 2 | NONE |
| Roof Structure | GABLE/HIP |
| Roof Cover | CONCRETE TILE |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | HARDWOOD |
| Floor Type 2 | MARBLE |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Patio | 1996 | 262 |
| Wall | 1996 | 145 |
| Elevator | 2006 | 1 |
| Pool - In-Ground | 1996 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | SFR GOLF COURSE | R-B | 0.2335 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $2,291,933 | $1,840,121 | $2,054,384 | $2,822,949 | $1,425,893 |
| Land Value | $5,491,800 | $5,440,950 | $5,746,050 | $5,339,250 | $3,864,600 |
| Total Market Value | $7,783,733 | $7,281,071 | $7,800,434 | $8,162,199 | $5,290,493 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $2,291,933 | $1,840,121 | $2,054,384 | $2,822,949 | $1,425,893 | $1,520,631 | $1,520,122 | $1,375,737 | $1,194,757 | $1,051,542 |
| Land Value | $5,491,800 | $5,440,950 | $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 | $7,783,733 | $7,281,071 | $7,800,434 | $8,162,199 | $5,290,493 | $3,941,091 | $3,716,842 | $3,409,737 | $3,635,557 | $2,879,320 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $2,960,320 | $2,882,493 | $2,801,257 | $2,719,667 | $2,640,453 |
| Exemption Amount | $51,411 | $50,722 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $2,908,909 | $2,831,771 | $2,751,257 | $2,669,667 | $2,590,453 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $2,960,320 | $2,882,493 | $2,801,257 | $2,719,667 | $2,640,453 | $2,563,547 | $2,528,153 | $2,471,313 | $2,425,234 | $2,375,352 |
| Exemption Amount | $51411 | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $2,908,909 | $2,831,771 | $2,751,257 | $2,669,667 | $2,590,453 | $2,513,547 | $2,478,153 | $2,421,313 | $2,375,234 | $2,325,352 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $43,285 | $42,268 | $41,070 | $40,240 | $40,302 |
| NON AD VALOREM | $217 | $205 | $194 | $188 | $184 |
| TOTAL TAX | $43,502 | $42,473 | $41,264 | $40,428 | $40,486 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $43,285 | $42,268 | $41,070 | $40,240 | $40,302 | $40,954 | $41,050 | $40,802 | $38,873 | $38,902 |
| NON AD VALOREM | $217 | $205 | $194 | $188 | $184 | $178 | $173 | $175 | $175 | $172 |
| TOTAL TAX | $43,502 | $42,473 | $41,264 | $40,428 | $40,486 | $41,132 | $41,223 | $40,977 | $39,048 | $39,074 |
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.