Property detail

Field Value
Location Address 150 WORTH AVE
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-017-0010
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 36402 / 1523
Sale Date 03/02/2026
Legal Description ROYAL PARK ADD TO PB LT 1 (LESS NW TRGLR PAR S COUNTY RD R/W) & LTS 2 THRU 24 BLK 17
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Owner INFORMATION

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Owner(s) Mailing Address Actions
ESPLANADE METRO TIC LLC
ESPLANADE TIC LLC &
 MAILSTOP RB C/O 2201 COLLINS AVE
MIAMI FL 33139 1717

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
03/02/2026 $200,000,000 36402 / 01523 WARRANTY DEED ESPLANADE TIC LLC &
01/06/2014 $106,000,000 26549 / 00670 WARRANTY DEED WILSON 150 WORTH LLC

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.

Exemption E File

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
COMMUNITY RETAIL 17994
DEPARTMENT STORE 8014
PARKING LEVEL FLOORS 0
COMMUNITY RETAIL 27873
DEPARTMENT STORE 6850
COMMUNITY RETAIL 5420
COMMUNITY RETAIL 1440
UPPER PARKING GAR 0
Total Square Footage 67591
Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 128779
Acres 2.04
Property Use Code 1600—SHOPPING CENTER CMMITY
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 1979
DOWNTOWN ROW TYPE 67591

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Sketch
for Building 1

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
UPPER PARKING GARAGE LEVEL 0
RETAIL STORE 80
PARKING GARAGE 12403
PARKING GARAGE 7902
OFFICES 1530
PARKING GARAGE 9015
Total Square Footage 30930
Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 128779
Acres 2.04
Property Use Code 1600—SHOPPING CENTER CMMITY
Zoning C-WA—COMMERCIAL WORTH AVE (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 2

Field Value
Year Built 1979
PARKING GARAGE/DECK 30930

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Sketch
for Building 2

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 3

Code Description square Footage
PARKING LEVEL FLOORS 0
DEPARTMENT STORE 15202
DEPARTMENT STORE 15056
UPPER PARKING GAR 0
Total Square Footage 30258
Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 128779
Acres 2.04
Property Use Code 1600—SHOPPING CENTER CMMITY
Zoning C-WA—COMMERCIAL WORTH AVE (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 3

Field Value
Year Built 1979
DOWNTOWN ROW TYPE 30258

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Sketch
for Building 3

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Property Extra Features

Description Year Built Units
Patio 1979 4554

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL C-WA 2.0374

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $0 $54,974,176 $70,693,716 $72,615,976 $75,064,426
Land Value $0 $88,748,000 $70,998,400 $53,034,527 $47,649,795
Total Market Value $155,000,000 $143,722,176 $139,470,000 $125,650,503 $122,714,221
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $0 $54,974,176 $70,693,716 $72,615,976 $75,064,426 $52,930,746 $54,045,016 $53,356,566 $53,670,836 $51,845,716
Land Value $0 $88,748,000 $70,998,400 $53,034,527 $47,649,795 $36,358,227 $34,300,215 $32,667,251 $31,715,873 $30,205,382
Total Market Value $155,000,000 $143,722,176 $139,470,000 $125,650,503 $122,714,221 $89,288,973 $88,345,231 $86,023,817 $85,386,709 $82,051,098

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 $145,804,753 $132,549,775 $118,843,623 $108,039,657 $98,217,870
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $145,804,753 $132,549,775 $118,843,623 $108,039,657 $98,217,870
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $145,804,753 $132,549,775 $118,843,623 $108,039,657 $98,217,870 $89,288,973 $88,345,231 $86,023,817 $85,386,709 $82,051,098
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $145,804,753 $132,549,775 $118,843,623 $108,039,657 $98,217,870 $89,288,973 $88,345,231 $86,023,817 $85,386,709 $82,051,098

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $2,219,074 $2,041,503 $1,897,487 $1,735,669 $1,681,587
NON AD VALOREM $236,400 $211,465 $201,267 $211,781 $193,171
TOTAL TAX $2,455,475 $2,252,968 $2,098,754 $1,947,450 $1,874,758
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $2,219,074 $2,041,503 $1,897,487 $1,735,669 $1,681,587 $1,448,723 $1,457,157 $1,443,256 $1,391,547 $1,366,709
NON AD VALOREM $236,400 $211,465 $201,267 $211,781 $193,171 $179,769 $174,452 $172,639 $166,523 $187,713
TOTAL TAX $2,455,475 $2,252,968 $2,098,754 $1,947,450 $1,874,758 $1,628,491 $1,631,610 $1,615,895 $1,558,071 $1,554,422
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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.