| Location Address | 740 N LAKE WAY |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-10-04-000-1161 |
| Subdivision | RAFALSKY MARK IN |
| Official Records Book/Page | 36061 / 1893 |
| Sale Date | 10/08/2025 |
| Legal Description | MARK RAFALSKY TR NLY 100 FT OF ELY 117 FT OF LT 116 AS IN OR5176P1982 |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
VITRANO ANDREW & VITRANO MARGARET |
740 N LAKE WAY
PALM BEACH FL 33480 3348 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 10/08/2025 | $7,000,000 | 36061 / 01893 | DEED OF TRUST | VITRANO ANDREW & |
| 10/02/2025 | $10 | 36061 / 01880 | DEED OF TRUST | RICKEL ANNETTE URSO TRUST FBO |
| 10/02/2025 | $10 | 36061 / 01877 | DEED OF TRUST | RICKEL ANNETTE URSO TRUST FBO |
| 05/14/2025 | $10 | 35756 / 00964 | DEED OF TRUST | RICKEL JOHN R TRUST |
| 05/14/2025 | $10 | 35756 / 00961 | DEED OF TRUST | RICKEL JOHN R TRUST & |
| 05/14/2025 | $10 | 35756 / 00958 | REP DEED | RICKEL ANNETTE U TRUST |
| 11/10/2021 | $10 | 33046 / 00511 | WARRANTY DEED | RICKEL ANNETTE U TRUST & |
| 10/01/2013 | $1,852,500 | 26404 / 00250 | WARRANTY DEED | RICKEL ANNETTE |
| 09/23/2013 | $10 | 26404 / 00252 | WARRANTY DEED | RICKEL ANNETTE & |
| 09/19/2013 | $10 | 26404 / 00248 | WARRANTY DEED | RICKEL ANNETTE URSO TR & |
| 12/19/2012 | $10 | 25789 / 01654 | WARRANTY DEED | RICKEL LLC |
| 11/12/2012 | $10 | 25711 / 00280 | WARRANTY DEED | RICKEL LLC |
| 07/26/2012 | $3,000,000 | 25352 / 00365 | WARRANTY DEED | RICKEL ANNETTE |
| 07/24/2007 | $3,200,000 | 22045 / 00136 | WARRANTY DEED | GLICKMAN DONALD & |
| 07/18/2002 | $1,507,000 | 14030 / 01937 | REP DEED | GOSSETT W TED & |
| 02/01/1987 | $845,000 | 05176 / 01982 | WARRANTY DEED | |
| 04/01/1985 | $230,000 | 04518 / 00227 | 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.
- Save Our Homes (SOH) Base Year : 2026
- Exemption Year : 2025
| Applicant/Owner(s) | Year | Detail | ||
|---|---|---|---|---|
| VITRANO ANDREW & | 2026 | HOMESTEAD | ||
| VITRANO ANDREW & | 2026 | ADDITIONAL HOMESTEAD | ||
| VITRANO MARGARET | 2026 | HOMESTEAD | ||
| VITRANO MARGARET | 2026 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FOP Finished Open Porch | 28 |
| FGR Finished Garage | 273 |
| BAS Base Area | 2993 |
| Total Square Footage | 3294 |
| Area Under Air | 2993 |
| Number of Units | 1 |
| Total Square Feet* | 3294 |
| Acres | .25 |
| 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 | 1985 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 3 |
| Full Baths | 3 |
| Half Baths | 1 |
| Exterior Wall 2 | NONE |
| Roof Structure | WOOD TRUSS |
| Roof Cover | BUILT-UP TAR/GRAVEL |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | MARBLE |
| Stories | 1 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Pool - In-Ground | 1985 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | SFR | R-B | 0.2498 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $2,056,381 | $2,681,962 | $2,348,522 | $1,821,088 | $2,110,867 |
| Land Value | $5,043,807 | $5,288,652 | $4,994,838 | $3,770,613 | $2,176,873 |
| Total Market Value | $7,100,188 | $7,970,614 | $7,343,360 | $5,591,701 | $4,287,740 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $2,056,381 | $2,681,962 | $2,348,522 | $1,821,088 | $2,110,867 | $1,907,448 | $1,745,836 | $1,472,010 | $1,396,209 | $1,025,099 |
| Land Value | $5,043,807 | $5,288,652 | $4,994,838 | $3,770,613 | $2,176,873 | $1,931,827 | $1,762,884 | $1,889,306 | $2,053,593 | $1,901,475 |
| Total Market Value | $7,100,188 | $7,970,614 | $7,343,360 | $5,591,701 | $4,287,740 | $3,839,275 | $3,508,720 | $3,361,316 | $3,449,802 | $2,926,574 |
All values are as of January 1st each year
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $7,100,188 | $6,765,958 | $6,150,871 | $5,591,701 | $2,681,548 |
| Exemption Amount | $0 | $0 | $0 | $0 | $50,500 |
| Taxable Value | $7,100,188 | $6,765,958 | $6,150,871 | $5,591,701 | $2,631,048 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $7,100,188 | $6,765,958 | $6,150,871 | $5,591,701 | $2,681,548 | $3,839,275 | $2,585,068 | $2,536,868 | $2,484,690 | $2,433,585 |
| Exemption Amount | $0 | $0 | $0 | $0 | $50500 | $0 | $50500 | $50500 | $50500 | $50500 |
| Taxable Value | $7,100,188 | $6,765,958 | $6,150,871 | $5,591,701 | $2,631,048 | $3,839,275 | $2,534,568 | $2,486,368 | $2,434,190 | $2,383,085 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $105,573 | $108,219 | $100,040 | $86,644 | $42,861 |
| NON AD VALOREM | $704 | $693 | $642 | $638 | $680 |
| TOTAL TAX | $106,277 | $108,912 | $100,682 | $87,281 | $43,541 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $105,573 | $108,219 | $100,040 | $86,644 | $42,861 | $63,325 | $42,703 | $40,685 | $40,715 | $41,166 |
| NON AD VALOREM | $704 | $693 | $642 | $638 | $680 | $669 | $670 | $674 | $661 | $170 |
| TOTAL TAX | $106,277 | $108,912 | $100,682 | $87,281 | $43,541 | $63,993 | $43,372 | $41,359 | $41,376 | $41,336 |
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.