Property detail

Location Address 422 AUSTRALIAN AVE
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-005-0410
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 33862 / 1254
Sale Date 09/22/2022
Legal Description ROYAL PARK ADD LTS 41 & 42 BLK 5

Owner INFORMATION

+ -
Owner(s) Mailing Address
422 DEVELOPMENT GROUP LLC
14 VIA VIZCAYA
PALM BEACH FL 33480 4926

Sales INFORMATION

+ -
Sales Date Price OR Book/Page Sale Type Owner
09/22/2022 $5,600,000 33862 / 01254 WARRANTY DEED 422 DEVELOPMENT GROUP LLC
04/25/2013 $1,800,000 26002 / 00905 WARRANTY DEED 422AUS LLC
11/05/2012 $10 25583 / 00102 DEED OF TRUST WILSON JAY TR
11/15/2004 $1,437,500 17772 / 01676 WARRANTY DEED EDENS ROBERT L III
08/01/1997 $520,000 09937 / 00871 WARRANTY DEED
05/01/1995 $100 08762 / 01939 WARRANTY DEED
04/01/1995 $500,000 08716 / 00326 WARRANTY DEED
01/01/1990 $300,000 06312 / 01366 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

+ -

No Exemption Information Available.

Property INFORMATION

+ -

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 0

Number of Units
Total Square Feet* 0
Acres .14
Property Use Code 0000—VACANT
Zoning R-C—MEDIUM DENSITY RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 0

No Data Found

Sketch
for Building 0

No Data Found

Property Extra Features

No Extra Feature Available

Property Land Details

Land Line # Description Zoning Acres
1 MULTI-FAMILY R-C 0.1435

Appraisals

+ -
Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $0 $0 $0 $24,769 $21,165
Land Value $4,843,750 $4,062,500 $3,737,500 $2,871,550 $2,062,500
Total Market Value $4,843,750 $4,062,500 $3,737,500 $2,896,319 $2,083,665
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $0 $0 $0 $24,769 $21,165 $17,486 $12,648 $16,053 $15,065 $14,938
Land Value $4,843,750 $4,062,500 $3,737,500 $2,871,550 $2,062,500 $1,470,000 $1,330,000 $1,413,629 $1,285,117 $1,247,686
Total Market Value $4,843,750 $4,062,500 $3,737,500 $2,896,319 $2,083,665 $1,487,486 $1,342,648 $1,429,682 $1,300,182 $1,262,624

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

+ -
Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $4,468,750 $4,062,500 $3,737,500 $1,787,064 $1,624,604
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $4,468,750 $4,062,500 $3,737,500 $1,787,064 $1,624,604
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $4,468,750 $4,062,500 $3,737,500 $1,787,064 $1,624,604 $1,476,913 $1,342,648 $1,429,682 $1,300,182 $1,210,008
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $4,468,750 $4,062,500 $3,737,500 $1,787,064 $1,624,604 $1,476,913 $1,342,648 $1,429,682 $1,300,182 $1,210,008

Taxes

+ -
Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $68,824 $60,411 $56,110 $34,922 $29,515
NON AD VALOREM $0 $0 $0 $184 $178
TOTAL TAX $68,824 $60,411 $56,110 $35,106 $29,693
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $68,824 $60,411 $56,110 $34,922 $29,515 $24,434 $22,526 $23,300 $21,657 $21,184
NON AD VALOREM $0 $0 $0 $184 $178 $173 $175 $175 $172 $170
TOTAL TAX $68,824 $60,411 $56,110 $35,106 $29,693 $24,607 $22,701 $23,475 $21,829 $21,354

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.