Property detail

Field Value
Location Address 228 PHIPPS PLZ
Municipality PALM BEACH
Parcel Control Number 50-43-43-22-09-000-0051
Subdivision PLAZA PL IN
Official Records Book/Page 36620 / 885
Sale Date 06/19/2026
Legal Description PLAZA PL IN E 65 FT OF LT 5 & LT 5-A

Owner INFORMATION

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Owner(s) Mailing Address Actions
228 PHIPPS HOLDINGS LLC
228 PHIPPS PLZ
PALM BEACH FL 33480 4241

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/19/2026 $4,900,000 36620 / 00885 WARRANTY DEED 228 PHIPPS HOLDINGS LLC
05/30/2025 $10 35792 / 01479 WARRANTY DEED JAMES SYLVIA TRUST &
08/23/2007 $950,000 22052 / 01490 WARRANTY DEED JAMES SYLVIA S
10/16/2006 $10 20985 / 00358 WARRANTY DEED WIRTZ WILLEM K ESTATE

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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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 1318
USP Unfinished Scrn. Porch 261
Total Square Footage 1579
Area Under Air 1318

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 1579
Acres .16
Property Use Code 0100—SINGLE FAMILY
Zoning R-C—MEDIUM 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 1941
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 2
Full Baths 2
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CEMENT FIBER
Interior Wall 1 PLASTER
Interior Wall 2 N/A
Floor Type 1 FINE OR SOFT WOOD
Floor Type 2 N/A
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Wall 1995 91

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-C 0.1595

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $120,681 $118,354 $146,959 $498,012 $7,333
Land Value $5,418,660 $4,654,490 $4,341,875 $3,044,638 $2,086,422
Total Market Value $5,539,341 $4,772,844 $4,488,834 $3,542,650 $2,093,755
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $120,681 $118,354 $146,959 $498,012 $7,333 $6,457 $4,895 $2,821 $4,831 $4,190
Land Value $5,418,660 $4,654,490 $4,341,875 $3,044,638 $2,086,422 $1,461,649 $1,176,000 $1,064,000 $1,080,679 $982,436
Total Market Value $5,539,341 $4,772,844 $4,488,834 $3,542,650 $2,093,755 $1,468,106 $1,180,895 $1,066,821 $1,085,510 $986,626

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 $2,078,932 $1,889,938 $1,718,125 $1,561,932 $1,419,938
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $2,078,932 $1,889,938 $1,718,125 $1,561,932 $1,419,938
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $2,078,932 $1,889,938 $1,718,125 $1,561,932 $1,419,938 $1,290,853 $1,173,503 $1,066,821 $1,085,289 $986,626
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $2,078,932 $1,889,938 $1,718,125 $1,561,932 $1,419,938 $1,290,853 $1,173,503 $1,066,821 $1,085,289 $986,626

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $52,572 $46,324 $43,043 $36,238 $26,395
NON AD VALOREM $922 $900 $870 $800 $795
TOTAL TAX $53,493 $47,224 $43,913 $37,038 $27,189
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $52,572 $46,324 $43,043 $36,238 $26,395 $22,163 $19,407 $17,898 $17,688 $16,434
NON AD VALOREM $922 $900 $870 $800 $795 $834 $822 $826 $828 $820
TOTAL TAX $53,493 $47,224 $43,913 $37,038 $27,189 $22,997 $20,230 $18,724 $18,516 $17,255

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.