Property detail

Field Value
Location Address 363 COCOANUT ROW
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-006-0010
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 33509 / 441
Sale Date 04/20/2022
Legal Description ROYAL PARK ADD LTS 1 THRU 6 BLK 6

Owner INFORMATION

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Owner(s) Mailing Address Actions
363 COCOANUT ROW PROPCO LLC
21-24 MILLBANK 4TH FLOOR LONDON SW1P 4QP GREAT BRITAIN & NRTHRN IRELAND

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
04/20/2022 $42,000,000 33509 / 00441 WARRANTY DEED 363 COCOANUT ROW PROPCO LLC
08/26/2011 $6,500,000 24797 / 01707 WARRANTY DEED CHESTERFIELD PB HOTEL PROPERTY INC
12/01/1989 $3,158,000 06285 / 01268 WARRANTY DEED
10/01/1988 $0 05831 / 01904

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
HOTEL HIGH RISE 10866
HOTEL HIGH RISE 11016
HOTEL HIGH RISE 9756
HOTEL HIGH RISE 1120
Total Square Footage 32758

Field Value
Total Number of Units Per Parcel 41
Total Square Feet* 32758
Acres .43
Property Use Code 3900—MOTEL
Zoning R-C—MEDIUM DENSITY RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Year Built 1918
HOTEL- HI RISE 32758

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Spa 1918 1
Patio 1918 1144
Patio 1918 2273
Swimming Pool Commercial 1918 703

Property Land Details

Land Line # Description Zoning Acres
1 MOTEL R-C 0.4304

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $24,384 $23,713 $23,213 $2,904,093 $10,033,333
Land Value $27,675,000 $26,650,000 $28,700,000 $19,912,475 $18,411,250
Total Market Value $27,699,384 $26,673,713 $26,250,000 $22,816,568 $28,444,583
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $24,384 $23,713 $23,213 $2,904,093 $10,033,333 $3,167,261 $4,587,431 $4,975,161 $4,916,351 $4,547,471
Land Value $27,675,000 $26,650,000 $28,700,000 $19,912,475 $18,411,250 $5,472,390 $5,313,000 $5,060,000 $4,547,813 $4,331,250
Total Market Value $27,699,384 $26,673,713 $26,250,000 $22,816,568 $28,444,583 $8,639,651 $9,900,431 $10,035,161 $9,464,164 $8,878,721

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 $27,699,384 $26,673,713 $25,098,225 $22,816,568 $9,503,616
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $27,699,384 $26,673,713 $25,098,225 $22,816,568 $9,503,616
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $27,699,384 $26,673,713 $25,098,225 $22,816,568 $9,503,616 $8,639,651 $8,844,595 $8,040,541 $7,309,583 $6,645,075
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $27,699,384 $26,673,713 $25,098,225 $22,816,568 $9,503,616 $8,639,651 $8,844,595 $8,040,541 $7,309,583 $6,645,075

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $410,588 $396,611 $380,493 $342,536 $270,736
NON AD VALOREM $27,963 $25,578 $23,983 $23,206 $22,324
TOTAL TAX $438,551 $422,189 $404,476 $365,742 $293,060
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $410,588 $396,611 $380,493 $342,536 $270,736 $140,179 $153,283 $149,189 $133,284 $125,805
NON AD VALOREM $27,963 $25,578 $23,983 $23,206 $22,324 $21,819 $21,539 $21,889 $22,431 $22,381
TOTAL TAX $438,551 $422,189 $404,476 $365,742 $293,060 $161,998 $174,822 $171,078 $155,715 $148,187

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.