Property detail

Field Value
Location Address 243 WORTH AVE
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-015-0440
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 35288 / 762
Sale Date 09/16/2024
Legal Description ROYAL PARK ADD LTS 44 TO 47 INC BLK 15

Owner INFORMATION

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Owner(s) Mailing Address Actions
CSPB WORTH LLC
1501 BROADWAY STE 1700
NEW YORK NY 10036 0188

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
09/16/2024 $30,255,425 35288 / 00762 WARRANTY DEED CSPB WORTH LLC
12/01/1997 $100 10130 / 01287 QUIT CLAIM 237-243 WORTH AVENUE LTD PARTNERSHIP
12/01/1997 $7,100,000 10130 / 01284 WARRANTY DEED
01/01/1989 $9,950,000 05938 / 00974 WARRANTY DEED
12/01/1985 $4,550,000 04772 / 00434 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
RETAIL STORE 8770
RETAIL STORE 699
Total Square Footage 9469

Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 9469
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 1925
DOWNTOWN ROW TYPE 9469

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Sketch
for Building 1

Property Extra Features

Description Year Built Units
Patio 1992 550

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 $6,891,140 $5,095,399 $3,897,773 $3,901,673 $3,987,423
Land Value $19,700,000 $16,500,000 $10,326,875 $10,946,488 $9,835,078
Total Market Value $26,591,140 $21,595,399 $14,224,648 $14,848,161 $13,822,501
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $6,891,140 $5,095,399 $3,897,773 $3,901,673 $3,987,423 $3,702,453 $3,780,393 $3,651,823 $3,649,713 $3,509,303
Land Value $19,700,000 $16,500,000 $10,326,875 $10,946,488 $9,835,078 $7,504,403 $7,079,625 $6,742,500 $6,546,125 $6,234,375
Total Market Value $26,591,140 $21,595,399 $14,224,648 $14,848,161 $13,822,501 $11,206,856 $10,860,018 $10,394,323 $10,195,838 $9,743,678

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 $23,754,939 $21,595,399 $14,224,648 $13,478,829 $12,253,481
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $23,754,939 $21,595,399 $14,224,648 $13,478,829 $12,253,481
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $23,754,939 $21,595,399 $14,224,648 $13,478,829 $12,253,481 $11,139,528 $10,126,844 $9,206,222 $8,369,293 $7,608,448
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $23,754,939 $21,595,399 $14,224,648 $13,478,829 $12,253,481 $11,139,528 $10,126,844 $9,206,222 $8,369,293 $7,608,448

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $369,951 $321,102 $211,526 $211,194 $200,097
NON AD VALOREM $37,368 $33,523 $31,918 $33,526 $30,686
TOTAL TAX $407,319 $354,625 $243,444 $244,720 $230,783
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $369,951 $321,102 $211,526 $211,194 $200,097 $181,203 $172,171 $162,968 $148,398 $141,186
NON AD VALOREM $37,368 $33,523 $31,918 $33,526 $30,686 $28,729 $27,913 $27,680 $26,723 $27,627
TOTAL TAX $407,319 $354,625 $243,444 $244,720 $230,783 $209,932 $200,084 $190,648 $175,121 $168,813

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.