Property detail

Location Address 450 BRAZILIAN AVE
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-004-0011
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 35731 / 163
Sale Date 04/25/2025
Legal Description ROYAL PARK ADD PT OF LTS 1 & 2 & W 2 FT OF LT 56 BLK 4 K/A UNIT A IN OR12988P1768

Owner INFORMATION

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Owner(s) Mailing Address
KASSEL PROPERTIES LLC
MICHAEL N NEWMARK C/O 8027 FORSYTH BLVD STE 1150
SAINT LOUIS MO 63105 1788

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
04/25/2025 $12,125,000 35731 / 00163 WARRANTY DEED KASSEL PROPERTIES LLC
06/30/2016 $10 28414 / 00652 WARRANTY DEED MCCONNELL DEAN MARGARET M
10/11/2001 $3,600,000 12988 / 01768 WARRANTY DEED SOUTH LAKE DRIVE

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 : 2003
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
MCCONNELL DEAN MARGARET M 2025 HOMESTEAD
MCCONNELL DEAN MARGARET M 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
UOP Unfinished Open Porch 7
UOP Unfinished Open Porch 7
UOP Unfinished Open Porch 99
UOP Unfinished Open Porch 27
UOP Unfinished Open Porch 7
NVA No Value Area 42
NVA No Value Area 132
NVA No Value Area 42
NVA No Value Area 132
FUS Finished Upper Story 1731
FUS Finished Upper Story 1179
FOP Finished Open Porch 30
FOP Finished Open Porch 253
FOP Finished Open Porch 285
FOP Finished Open Porch 27
FOP Finished Open Porch 27
BAS Base Area 1511
FGR Finished Garage 462
Total Square Footage 6000
Area Under Air 4421

Number of Units 1
Total Square Feet* 6000
Acres .20
Property Use Code 0100—SINGLE FAMILY
Zoning R-D(2)—HEAVY 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: CB STUCCO
Year Built 2001
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 4
Half Baths 1
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 MARBLE
Floor Type 2 N/A
Stories 3

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Wall 2001 1116
Elevator 2001 1
Pool - In-Ground 2001 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-D(2) 0.2049

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $3,744,331 $4,771,737 $5,481,285 $5,040,225 $3,769,170
Land Value $6,917,650 $5,801,900 $4,873,596 $4,028,652 $2,945,580
Total Market Value $10,661,981 $10,573,637 $10,354,881 $9,068,877 $6,714,750
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $3,744,331 $4,771,737 $5,481,285 $5,040,225 $3,769,170 $3,177,776 $3,063,423 $2,346,559 $2,374,832 $2,206,420
Land Value $6,917,650 $5,801,900 $4,873,596 $4,028,652 $2,945,580 $2,940,000 $2,660,000 $2,753,724 $2,503,386 $2,430,472
Total Market Value $10,661,981 $10,573,637 $10,354,881 $9,068,877 $6,714,750 $6,117,776 $5,723,423 $5,100,283 $4,878,218 $4,636,892

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 $3,597,085 $3,495,709 $3,393,892 $3,295,041 $3,199,069
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $3,546,363 $3,445,709 $3,343,892 $3,245,041 $3,149,069
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $3,597,085 $3,495,709 $3,393,892 $3,295,041 $3,199,069 $3,154,900 $3,083,969 $3,026,466 $2,964,217 $2,903,249
Exemption Amount $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $3,546,363 $3,445,709 $3,343,892 $3,245,041 $3,149,069 $3,104,900 $3,033,969 $2,976,466 $2,914,217 $2,853,249

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $52,900 $51,397 $50,362 $50,445 $51,266
NON AD VALOREM $116 $107 $103 $100 $96
TOTAL TAX $53,016 $51,504 $50,465 $50,545 $51,362
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $52,900 $51,397 $50,362 $50,445 $51,266 $51,387 $51,081 $48,672 $48,711 $49,253
NON AD VALOREM $116 $107 $103 $100 $96 $95 $97 $98 $98 $97
TOTAL TAX $53,016 $51,504 $50,465 $50,545 $51,362 $51,482 $51,178 $48,770 $48,809 $49,350

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.