| 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(s) | Mailing Address | Actions |
|---|---|---|
|
FJK TEE JAY LTD |
PO BOX 3243
PALM BEACH FL 33480 1443 |
| 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.
No Exemption Information Available.
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
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 |
| 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
| 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 |
| 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.
