| Location Address | 206 PHIPPS PLZ | 
| Municipality | PALM BEACH | 
| Parcel Control Number | 50-43-43-22-10-000-0012 | 
| Subdivision | PHIPPS PLAZA IN | 
| Official Records Book/Page | 30226 / 1332 | 
| Sale Date | 10/31/2018 | 
| Legal Description | PL OF PHIPPS PLAZA W 3.8 FT OF LT A, LTS B, C, D & LT E (LESS W 10 FT, N 30.33 FT OF W 92.88 FT OF E 96 FT & SLY 56.07 FT OF W 89.48 FT OF E 96 FT AS IN OR6306P1355 & OR7453P1102) | 
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
| 
                                206 PHIPPS PLAZA LLC | 
                        
                            222 LAKEVIEW AVE PH 5
    WEST PALM BEACH FL 33401 6151  | 
                        
| Sales Date | Price | OR Book/Page | Sale Type | Owner | 
|---|---|---|---|---|
| 10/31/2018 | $4,220,000 | 30226 / 01332 | WARRANTY DEED | 206 PHIPPS PLAZA LLC | 
| 02/22/2007 | $0 | 21440 / 01080 | LIFE ESTATE | VOLK JOHN K | 
| 02/22/2007 | $10 | 21440 / 01077 | DEED OF TRUST | VOLK JOHN K | 
| 12/01/1996 | $100 | 09564 / 00852 | WARRANTY DEED | |
| 01/01/1996 | $100 | 09212 / 00842 | 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.
                    
No Exemption Information Available.
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
                                | Code Description | square Footage | 
|---|---|
| UNFINISHED OFFICE BASE | 1865 | 
| Total Square Footage | 1865 | 
| Number of Units | 1 | 
| Total Square Feet* | 9294 | 
| Acres | .27 | 
| Property Use Code | 1200—STORE/OFFICE/RESIDENTIAL | 
| 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
                                
                            Sketch
for Building 1
                                
                            SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 3
                                | Code Description | square Footage | 
|---|---|
| UNFINISHED OFFICE BASE | 2827 | 
| APARTMENT | 4602 | 
| Total Square Footage | 7429 | 
| Number of Units | 1 | 
| Total Square Feet* | 9294 | 
| Acres | .27 | 
| Property Use Code | 1200—STORE/OFFICE/RESIDENTIAL | 
| Zoning | R-C—MEDIUM DENSITY RESIDENTIAL (50-PALM BEACH) | 
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 3
                                
                            Sketch
for Building 3
                                
                            Property Extra Features
| Description | Year Built | Units | 
|---|---|---|
| Paving- Asphalt | 1926 | 990 | 
| Wall | 1926 | 350 | 
| Elevator | 1926 | 1 | 
| Swimming Pool Commercial | 1926 | 135 | 
| Patio | 1926 | 880 | 
Property Land Details
| Land Line # | Description | Zoning | Acres | 
|---|---|---|---|
| 1 | COMMERCIAL | R-C | 0.2702 | 
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|---|
| Improvement Value | $1,770,874 | $1,683,588 | $2,929,696 | $3,065,294 | $1,759,502 | 
| Land Value | $9,888,480 | $9,417,600 | $9,497,198 | $8,222,640 | $6,121,440 | 
| Total Market Value | $11,659,354 | $11,101,188 | $12,426,894 | $11,287,934 | $7,880,942 | 
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $1,770,874 | $1,683,588 | $2,929,696 | $3,065,294 | $1,759,502 | $1,662,784 | $1,539,175 | $513,520 | $519,218 | $513,847 | 
| Land Value | $9,888,480 | $9,417,600 | $9,497,198 | $8,222,640 | $6,121,440 | $2,352,000 | $2,128,000 | $977,778 | $967,002 | $956,739 | 
| Total Market Value | $11,659,354 | $11,101,188 | $12,426,894 | $11,287,934 | $7,880,942 | $4,014,784 | $3,667,175 | $1,491,298 | $1,486,220 | $1,470,586 | 
All values are as of January 1st each year
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|---|
| Assessed Value | $6,465,850 | $5,878,045 | $5,343,677 | $4,857,888 | $4,416,262 | 
| Exemption Amount | $0 | $0 | $0 | $0 | $0 | 
| Taxable Value | $6,465,850 | $5,878,045 | $5,343,677 | $4,857,888 | $4,416,262 | 
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $6,465,850 | $5,878,045 | $5,343,677 | $4,857,888 | $4,416,262 | $4,014,784 | $3,667,175 | $1,418,361 | $1,390,800 | $1,353,285 | 
| Exemption Amount | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $50000 | $50000 | $50000 | 
| Taxable Value | $6,465,850 | $5,878,045 | $5,343,677 | $4,857,888 | $4,416,262 | $4,014,784 | $3,667,175 | $1,368,361 | $1,340,800 | $1,303,285 | 
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|---|
| AD VALOREM | $128,969 | $120,388 | $125,959 | $117,191 | $95,474 | 
| NON AD VALOREM | $900 | $1,640 | $1,561 | $1,533 | $1,552 | 
| TOTAL TAX | $129,869 | $122,028 | $127,520 | $118,724 | $97,026 | 
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $128,969 | $120,388 | $125,959 | $117,191 | $95,474 | $66,219 | $61,526 | $22,464 | $22,503 | $22,593 | 
| NON AD VALOREM | $900 | $1,640 | $1,561 | $1,533 | $1,552 | $1,529 | $1,561 | $1,559 | $1,559 | $1,143 | 
| TOTAL TAX | $129,869 | $122,028 | $127,520 | $118,724 | $97,026 | $67,749 | $63,086 | $24,024 | $24,062 | $23,736 | 
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.
