Property detail

Field Value
Location Address 501 N LAKE WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-15-00-001-0070
Subdivision
Official Records Book/Page 30463 / 799
Sale Date 03/06/2019
Legal Description 15-43-43, S 150.2 FT OF SUB D OF GOV LT 1 W OF PL OF EL PARAISO /LESS TR IN OR339P21/

Owner INFORMATION

+ -
Owner(s) Mailing Address Actions
BRONFMAN CHARLES R
BRONFMAN CHARLES R TR
CHARLES R BRONFMAN TR TITL HLDR
501 N LAKE WAY
PALM BEACH FL 33480 3520

Sales INFORMATION

+ -
Sales Date Price OR Book/Page Sale Type Owner
03/06/2019 $10 30463 / 00799 QUIT CLAIM BRONFMAN CHARLES R TR
03/06/2019 $10 30463 / 00795 QUIT CLAIM BRONFMAN CHARLES R
12/01/1996 $4,100,000 09595 / 01344 WARRANTY DEED BRONFMAN CHARLES R
11/01/1986 $3,095,000 05096 / 00835 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

+ -
  • Save Our Homes (SOH) Base Year : 2010
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
BRONFMAN CHARLES R 2026 HOMESTEAD
BRONFMAN CHARLES R 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

+ -

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FGR Finished Garage 462
FOP Finished Open Porch 143
FOP Finished Open Porch 20
FOP Finished Open Porch 110
BAS Base Area 305
FCB Finished Cabana 981
FOP Finished Open Porch 162
BAS Base Area 4115
UST Unfinished Storage 451
UOP Unfinished Open Porch 442
NVA No Value Area 264
FUS Finished Upper Story 2724
Total Square Footage 10179
Area Under Air 7144

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 10179
Acres 1.36
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-RESIDENT
Exterior Wall 1 MSY: CB STUCCO
Year Built 1940
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 5
Full Baths 7
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 PLYWOOD PNL.
Interior Wall 2 DRYWALL
Floor Type 1 HARDWOOD
Floor Type 2 MARBLE
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 1940 1
Walkway-Concrete 1988 796
Boat Dock 1940 1160
Tennis Courts 1988 7200

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL R-B 1.2673
2 INTRACOASTAL WATERWAY STRIP R-B 0.0502
3 RIGHT-OF-WAY R-B 0.0419

Appraisals

+ -
Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $1,341,299 $1,290,822 $364,221 $430,036 $377,948
Land Value $54,702,100 $46,209,480 $45,571,300 $33,782,183 $30,841,500
Total Market Value $56,043,399 $47,500,302 $45,935,521 $34,212,219 $31,219,448
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $1,341,299 $1,290,822 $364,221 $430,036 $377,948 $770,255 $906,586 $975,281 $800,832 $744,266
Land Value $54,702,100 $46,209,480 $45,571,300 $33,782,183 $30,841,500 $24,724,690 $23,730,000 $22,890,000 $20,525,076 $21,605,344
Total Market Value $56,043,399 $47,500,302 $45,935,521 $34,212,219 $31,219,448 $25,494,945 $24,636,586 $23,865,281 $21,325,908 $22,349,610

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

+ -
Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $14,477,384 $14,096,771 $13,699,486 $13,300,472 $12,913,080
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $14,425,973 $14,046,049 $13,649,486 $13,250,472 $12,863,080
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $14,477,384 $14,096,771 $13,699,486 $13,300,472 $12,913,080 $12,536,971 $12,363,877 $12,085,901 $11,860,551 $11,616,602
Exemption Amount $51411 $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $14,425,973 $14,046,049 $13,649,486 $13,250,472 $12,863,080 $12,486,971 $12,313,877 $12,035,901 $11,810,551 $11,566,602

Taxes

+ -
Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $214,002 $209,013 $203,131 $199,085 $199,478
NON AD VALOREM $1,965 $1,952 $1,941 $1,775 $1,771
TOTAL TAX $215,967 $210,965 $205,072 $200,861 $201,249
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $214,002 $209,013 $203,131 $199,085 $199,478 $202,774 $203,279 $202,110 $192,641 $192,832
NON AD VALOREM $1,965 $1,952 $1,941 $1,775 $1,771 $1,936 $1,908 $1,907 $1,923 $1,883
TOTAL TAX $215,967 $210,965 $205,072 $200,861 $201,249 $204,710 $205,187 $204,017 $194,564 $194,715

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.