Property detail

Location Address 218 MIRAFLORES DR
Municipality PALM BEACH
Parcel Control Number 50-43-43-14-02-000-0020
Subdivision DRAKE PARK
Official Records Book/Page 35609 / 474
Sale Date 03/10/2025
Legal Description DRAKE PARK LT 2

Owner INFORMATION

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Owner(s) Mailing Address
218 MIRAFLORES DRIVE TRUST
340 ROYAL POINCIANA WAY STE 321
PALM BEACH FL 33480 4054

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
03/10/2025 $13,750,000 35609 / 00474 WARRANTY DEED 218 MIRAFLORES DRIVE TRUST
07/01/1995 $835,000 08834 / 01113 WARRANTY DEED
10/01/1992 $282,000 07435 / 01562 WARRANTY DEED
05/01/1987 $280,000 05314 / 01665 WARRANTY DEED
01/01/1987 $100 05149 / 01027 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.

Exemption INFORMATION

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  • Save Our Homes (SOH) Base Year : 1996
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
MONFORTE VERA A 2025 HOMESTEAD
MONFORTE VERA A 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
UOP Unfinished Open Porch 60
BAS Base Area 476
FUS Finished Upper Story 1120
FGR Finished Garage 441
BAS Base Area 3102
BAS Base Area 60
Total Square Footage 5259
Area Under Air 4758

Number of Units 1
Total Square Feet* 5259
Acres .28
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

Exterior Wall 1 MSY: CONC. BLOCK
Year Built 1993
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 GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CERAMIC/QUARRY TILE
Floor Type 2 PARQUET
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 2022 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.2773

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $3,592,513 $1,241,021 $1,329,237 $1,310,391 $690,929
Land Value $6,221,200 $6,523,200 $6,160,800 $4,650,800 $2,675,120
Total Market Value $9,813,713 $7,764,221 $7,490,037 $5,961,191 $3,366,049
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $3,592,513 $1,241,021 $1,329,237 $1,310,391 $690,929 $95,707 $365,576 $228,501 $263,193 $314,641
Land Value $6,221,200 $6,523,200 $6,160,800 $4,650,800 $2,675,120 $2,382,780 $2,174,400 $2,072,625 $2,252,854 $2,085,976
Total Market Value $9,813,713 $7,764,221 $7,490,037 $5,961,191 $3,366,049 $2,478,487 $2,539,976 $2,301,126 $2,516,047 $2,400,617

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $1,430,009 $1,389,707 $1,349,230 $1,261,777 $1,225,026
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $1,379,287 $1,339,707 $1,299,230 $1,211,777 $1,175,026
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $1,430,009 $1,389,707 $1,349,230 $1,261,777 $1,225,026 $1,061,775 $1,037,903 $1,018,551 $997,601 $977,082
Exemption Amount $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $1,379,287 $1,339,707 $1,299,230 $1,211,777 $1,175,026 $1,011,775 $987,903 $968,551 $947,601 $927,082

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $20,674 $20,080 $19,666 $18,940 $19,237
NON AD VALOREM $956 $943 $868 $864 $931
TOTAL TAX $21,629 $21,023 $20,535 $19,804 $20,168
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $20,674 $20,080 $19,666 $18,940 $19,237 $16,863 $16,754 $15,949 $15,953 $16,123
NON AD VALOREM $956 $943 $868 $864 $931 $916 $917 $924 $905 $170
TOTAL TAX $21,629 $21,023 $20,535 $19,804 $20,168 $17,780 $17,671 $16,873 $16,859 $16,293

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.