Property detail

Field Value
Location Address 225 WORTH AVE
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-015-0380
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 36412 / 1476
Sale Date 03/24/2026
Legal Description ROYAL PARK ADD LTS 38 TO 41 INC BLK 15

Owner INFORMATION

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Owner(s) Mailing Address Actions
225 WORTH OWNER LLC
ACADIA REALTY TRUST C/O 411 THEODORE FREMD AVE STE 300
RYE NY 10580 1411

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
03/24/2026 $43,000,000 36412 / 01476 WARRANTY DEED 225 WORTH OWNER LLC
03/30/2021 $18,040,000 32358 / 00948 WARRANTY DEED 225 WORTH AVENUE HOLDINGS LLC
09/04/2013 $28,100,000 26326 / 00407 WARRANTY DEED LOVE IS NEXT DOOR LLC
02/01/1990 $13,550,000 06366 / 00283 WARRANTY DEED
09/01/1987 $6,378,500 05420 / 01475 WARRANTY DEED
12/01/1986 $4,100,000 05110 / 00180 WARRANTY DEED
01/01/1985 $100 04571 / 01383 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

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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
MULTIPLE TENANT RETAIL SAL 9932
Total Square Footage 9932

Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 9932
Acres .29
Property Use Code 1100—STORES
Zoning C-WA—COMMERCIAL WORTH AVE (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Year Built 1950
DOWNTOWN ROW TYPE 9932

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

No Extra Feature Available

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL C-WA 0.2870

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $0 $5,528,860 $5,642,850 $5,588,540 $6,656,310
Land Value $0 $13,750,000 $10,326,875 $10,946,488 $9,835,078
Total Market Value $34,000,000 $19,278,860 $15,969,725 $16,535,028 $16,491,388
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $0 $5,528,860 $5,642,850 $5,588,540 $6,656,310 $6,180,890 $6,416,990 $6,297,470 $0 $0
Land Value $0 $13,750,000 $10,326,875 $10,946,488 $9,835,078 $7,504,403 $7,079,625 $6,742,500 $0 $0
Total Market Value $34,000,000 $19,278,860 $15,969,725 $16,535,028 $16,491,388 $13,685,293 $13,496,615 $13,039,970 $18,000,000 $18,000,000

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 $19,323,368 $17,566,698 $15,969,725 $16,535,028 $16,491,388
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $19,323,368 $17,566,698 $15,969,725 $16,535,028 $16,491,388
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $19,323,368 $17,566,698 $15,969,725 $16,535,028 $16,491,388 $13,685,293 $13,496,615 $13,039,970 $17,569,200 $15,972,000
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $19,323,368 $17,566,698 $15,969,725 $16,535,028 $16,491,388 $13,685,293 $13,496,615 $13,039,970 $17,569,200 $15,972,000

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $378,702 $272,022 $237,476 $248,234 $255,536
NON AD VALOREM $40,568 $36,340 $34,565 $36,324 $33,216
TOTAL TAX $419,270 $308,362 $272,041 $284,558 $288,752
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $378,702 $272,022 $237,476 $248,234 $255,536 $222,045 $222,612 $218,777 $289,156 $279,770
NON AD VALOREM $40,568 $36,340 $34,565 $36,324 $33,216 $31,065 $30,172 $29,935 $28,885 $29,880
TOTAL TAX $419,270 $308,362 $272,041 $284,558 $288,752 $253,110 $252,783 $248,711 $318,041 $309,650

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.