| Field | Value |
|---|---|
| Location Address | 359 HIBISCUS AVE |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-23-05-007-0012 |
| Subdivision | ROYAL PARK ADD TO P B IN |
| Official Records Book/Page | 29825 / 1448 |
| Sale Date | 04/30/2018 |
| Legal Description | ROYAL PARK ADD LTS 1 & 2 (LESS N 68.67 FT) BLK 7 |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
HOVSEPIAN SUREN HOVSEPIAN SUREN TR SUREN HOVSEPIAN TR TITL HLDR |
359 HIBISCUS AVE
PALM BEACH FL 33480 4634 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 04/30/2018 | $10 | 29825 / 01448 | WARRANTY DEED | HOVSEPIAN SUREN & |
| 04/01/1994 | $900,000 | 08229 / 01322 | 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.
- Save Our Homes (SOH) Base Year : 1998
- Exemption Year : 2027
| Applicant/Owner(s) | Year | Detail |
|---|---|---|
| HOVSEPIAN SUREN & | 2026 | ADDITIONAL HOMESTEAD |
| HOVSEPIAN SUREN & | 2026 | HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FGR Finished Garage | 462 |
| FOP Finished Open Porch | 75 |
| BAS Base Area | 1499 |
| FUS Finished Upper Story | 1884 |
| FOP Finished Open Porch | 24 |
| Total Square Footage | 3944 |
| Area Under Air | 3383 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 3944 |
| Acres | .13 |
| Property Use Code | 0100—SINGLE FAMILY |
| 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 |
|---|---|
| Bldg Type | LUX-TWHSE/VILLA |
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 1994 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 3 |
| Full Baths | 3 |
| Half Baths | 1 |
| Roof Structure | WOOD TRUSS |
| Roof Cover | BUILT-UP TAR/GRAVEL |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | CERAMIC/QUARRY TILE |
| Floor Type 2 | CARPETING |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Pool - In-Ground | 1994 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | SFR | R-C | 0.1293 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $2,893,832 | $2,663,210 | $3,339,650 | $2,367,480 | $2,174,373 |
| Land Value | $4,619,060 | $4,365,575 | $3,661,450 | $3,120,753 | $2,623,996 |
| Total Market Value | $7,512,892 | $7,028,785 | $7,001,100 | $5,488,233 | $4,798,369 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $2,893,832 | $2,663,210 | $3,339,650 | $2,367,480 | $2,174,373 | $1,831,585 | $1,489,176 | $1,452,781 | $1,012,201 | $1,009,653 |
| Land Value | $4,619,060 | $4,365,575 | $3,661,450 | $3,120,753 | $2,623,996 | $1,873,650 | $1,890,000 | $1,710,000 | $1,712,098 | $1,556,452 |
| Total Market Value | $7,512,892 | $7,028,785 | $7,001,100 | $5,488,233 | $4,798,369 | $3,705,235 | $3,379,176 | $3,162,781 | $2,724,299 | $2,566,105 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $1,386,228 | $1,349,784 | $1,311,743 | $1,273,537 | $1,236,444 |
| Exemption Amount | $51,411 | $50,722 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $1,334,817 | $1,299,062 | $1,261,743 | $1,223,537 | $1,186,444 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $1,386,228 | $1,349,784 | $1,311,743 | $1,273,537 | $1,236,444 | $1,200,431 | $1,183,857 | $1,157,240 | $1,135,662 | $1,112,304 |
| Exemption Amount | $51411 | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $1,334,817 | $1,299,062 | $1,261,743 | $1,223,537 | $1,186,444 | $1,150,431 | $1,133,857 | $1,107,240 | $1,085,662 | $1,062,304 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $19,952 | $19,478 | $18,920 | $18,530 | $18,547 |
| NON AD VALOREM | $871 | $863 | $856 | $783 | $780 |
| TOTAL TAX | $20,823 | $20,341 | $19,776 | $19,313 | $19,327 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $19,952 | $19,478 | $18,920 | $18,530 | $18,547 | $18,838 | $18,877 | $18,756 | $17,857 | $17,864 |
| NON AD VALOREM | $871 | $863 | $856 | $783 | $780 | $849 | $838 | $839 | $847 | $831 |
| TOTAL TAX | $20,823 | $20,341 | $19,776 | $19,313 | $19,327 | $19,687 | $19,715 | $19,595 | $18,704 | $18,695 |
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.