Property detail

Field Value
Location Address 125 WORTH AVE
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-016-0380
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 36720 / 1969
Sale Date 08/04/2026
Legal Description ROYAL PARK ADD LTS 38 TO 48 INC BLK 16

Owner INFORMATION

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Owner(s) Mailing Address Actions
125 WORTH PB LLC
233 S WACKER DR STE 4700
CHICAGO IL 60606 6332

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
08/04/2026 $86,000,000 36720 / 01969 WARRANTY DEED 125 WORTH PB LLC
06/29/2023 $83,000,000 34435 / 01734 WARRANTY DEED 125 WORTH LLC
10/26/2017 $30,700,000 29440 / 00149 WARRANTY DEED 125 WORTH PARTNERS LLC
10/26/2004 $13,650,000 17699 / 01403 WARRANTY DEED WHALOU PROPERTIES III LLC
09/01/1993 $7,800,000 07897 / 00487 WARRANTY DEED
07/01/1984 $14,100,000 04299 / 00808 WARRANTY DEED
09/01/1982 $9,000,000 03801 / 01072 WARRANTY DEED
01/01/1976 $2,100,000 02529 / 00211

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
PARKING LEVEL FLOORS 0
PARKING LEVEL FLOORS 0
PARKING LEVEL FLOORS 0
OFFICES 10221
OFFICES 19590
OFFICES 19590
Total Square Footage 49401

Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 49401
Acres .79
Property Use Code 1700—OFFICE BLDG-NON MEDICAL 1 TO 3 STORIES
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 1974
OFFICE H-R 5ST 49401

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Paving- Asphalt 1974 1276

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL C-WA 0.7891

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $32,738,295 $33,286,513 $36,333,896 $32,291,282 $18,107,174
Land Value $37,898,438 $34,375,000 $27,500,000 $20,405,000 $13,184,181
Total Market Value $70,636,733 $67,661,513 $43,699,843 $52,696,282 $31,291,355
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $32,738,295 $33,286,513 $36,333,896 $32,291,282 $18,107,174 $15,588,259 $15,776,273 $15,367,268 $15,123,930 $14,886,087
Land Value $37,898,438 $34,375,000 $27,500,000 $20,405,000 $13,184,181 $10,059,665 $9,490,250 $9,038,219 $8,774,906 $8,356,906
Total Market Value $70,636,733 $67,661,513 $43,699,843 $52,696,282 $31,291,355 $25,647,924 $25,266,523 $24,405,487 $23,898,836 $23,242,993

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 $52,876,810 $48,069,827 $43,699,843 $31,033,988 $28,212,716
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $52,876,810 $48,069,827 $43,699,843 $31,033,988 $28,212,716
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $52,876,810 $48,069,827 $43,699,843 $31,033,988 $28,212,716 $25,647,924 $25,266,523 $24,405,487 $23,898,836 $21,892,353
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $52,876,810 $48,069,827 $43,699,843 $31,033,988 $28,212,716 $25,647,924 $25,266,523 $24,405,487 $23,898,836 $21,892,353

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $895,450 $838,589 $649,834 $605,774 $457,229
NON AD VALOREM $115,265 $103,729 $98,438 $102,795 $94,634
TOTAL TAX $1,010,715 $942,318 $748,272 $708,569 $551,863
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $895,450 $838,589 $649,834 $605,774 $457,229 $416,140 $416,744 $409,461 $389,479 $373,799
NON AD VALOREM $115,265 $103,729 $98,438 $102,795 $94,634 $88,898 $86,493 $86,237 $83,535 $86,147
TOTAL TAX $1,010,715 $942,318 $748,272 $708,569 $551,863 $505,038 $503,237 $495,698 $473,015 $459,946

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.