Property detail

Field Value
Location Address 241 ROYAL PALM WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-021-0171
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 10853 / 0042
Sale Date 12/28/1998
Legal Description ROYAL PARK ADD S 134 FT OF LT 17 BLK A

Owner INFORMATION

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Owner(s) Mailing Address Actions
FJK TEE JAY LTD
PO BOX 3243
PALM BEACH FL 33480 1443

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
12/28/1998 $2,400,000 10853 / 00042 WARRANTY DEED FJK TEE JAY LTD
12/01/1998 $100 10853 / 00041 QUIT CLAIM
11/21/1996 $1,500,000 09549 / 01579 WARRANTY DEED
06/01/1993 $550,000 07799 / 00605 REP DEED
08/01/1989 $1,000 06159 / 00805 CERT OF TITLE
03/01/1980 $1,678,400 03260 / 01229 REP DEED
01/01/1979 $940,000 03005 / 01422
01/01/1975 $894,000 02492 / 01732 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
PARKING LEVEL FLOORS 0
SUPPORT 1131
PARKING LEVEL FLOORS 0
OFFICES 2300
SUPPORT 675
OFFICES 7253
SUPPORT 675
UPPER PARKING GAR 0
SUPPORT 675
Total Square Footage 12709

Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 12709
Acres .31
Property Use Code 1700—OFFICE BLDG-NON MEDICAL 1 TO 3 STORIES
Zoning C-OPI—COMMERCIAL OFF, PROF, INST (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Year Built 1990
OFFICE BLDG L/R 1-4S 12709

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Walkway-Concrete 1990 478
Gazebo 1990 144
Wall 1990 246

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL C-OPI 0.3076

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $6,281,502 $5,025,199 $3,762,427 $3,838,309 $3,568,994
Land Value $6,648,075 $6,030,000 $4,690,000 $3,297,022 $3,048,586
Total Market Value $12,929,577 $11,055,199 $8,452,427 $7,135,331 $6,617,580
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $6,281,502 $5,025,199 $3,762,427 $3,838,309 $3,568,994 $2,992,977 $3,031,946 $2,964,958 $2,998,893 $2,981,923
Land Value $6,648,075 $6,030,000 $4,690,000 $3,297,022 $3,048,586 $2,463,657 $2,391,900 $2,278,000 $2,216,092 $2,110,500
Total Market Value $12,929,577 $11,055,199 $8,452,427 $7,135,331 $6,617,580 $5,456,634 $5,423,846 $5,242,958 $5,214,985 $5,092,423

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 $12,929,577 $7,989,058 $7,262,780 $6,602,527 $6,002,297
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $12,929,577 $7,989,058 $7,262,780 $6,602,527 $6,002,297
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $12,929,577 $7,989,058 $7,262,780 $6,602,527 $6,002,297 $5,456,634 $5,423,846 $5,242,958 $5,214,985 $5,092,423
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $12,929,577 $7,989,058 $7,262,780 $6,602,527 $6,002,297 $5,456,634 $5,423,846 $5,242,958 $5,214,985 $5,092,423

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $191,655 $138,170 $115,512 $102,561 $97,017
NON AD VALOREM $5,219 $4,885 $4,569 $4,465 $4,350
TOTAL TAX $196,874 $143,055 $120,081 $107,026 $101,367
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $191,655 $138,170 $115,512 $102,561 $97,017 $88,534 $89,460 $87,963 $84,989 $84,823
NON AD VALOREM $5,219 $4,885 $4,569 $4,465 $4,350 $4,306 $4,240 $4,383 $4,369 $4,394
TOTAL TAX $196,874 $143,055 $120,081 $107,026 $101,367 $92,840 $93,701 $92,346 $89,358 $89,218

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.