Property detail

Field Value
Location Address 231 ROYAL PALM WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-021-0180
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 29403 / 1524
Sale Date 10/06/2017
Legal Description ROYAL PARK ADD LT 18 BLK A

Owner INFORMATION

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Owner(s) Mailing Address Actions
PRIMARY PROPERTIES INC
1140 RESERVOIR AVE
CRANSTON RI 02920 6032

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
10/06/2017 $9,200,000 29403 / 01524 WARRANTY DEED PRIMARY PROPERTIES INC
12/28/2010 $8,925,000 24287 / 00304 WARRANTY DEED 231 ROYAL PALM WAY LLC
09/28/2010 $300 24105 / 01011 CERT OF TITLE RP SR ROYAL PALM WAY LLC
07/11/2005 $10 19005 / 01578 WARRANTY DEED BROADWAY RPW REV STATUTORY TRUST
04/01/1997 $1,661,800 09740 / 00019 WARRANTY DEED
01/01/1980 $850,000 03245 / 01360
01/01/1977 $822,500 02664 / 00058
01/01/1974 $100 02369 / 00624 QUIT CLAIM

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
OFFICES 391
SUPPORT 256
OFFICES 304
PARKING LEVEL FLOORS 0
SUPPORT 256
OFFICES 10369
Total Square Footage 11576

Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 11576
Acres .32
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 1973
OFFICE BLDG L/R 1-4S 11576

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Wall 1973 720
Wall 1973 1060
Paving- Asphalt 1973 896

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL C-OPI 0.3204

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $6,796,301 $6,434,848 $6,599,059 $6,602,356 $6,097,102
Land Value $6,923,424 $6,279,750 $4,884,250 $3,433,578 $3,174,852
Total Market Value $13,719,725 $12,714,598 $11,483,309 $10,035,934 $9,271,954
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $6,796,301 $6,434,848 $6,599,059 $6,602,356 $6,097,102 $5,627,849 $5,701,040 $5,558,373 $5,615,082 $6,592,090
Land Value $6,923,424 $6,279,750 $4,884,250 $3,433,578 $3,174,852 $2,565,697 $2,490,968 $2,372,350 $2,307,051 $2,197,125
Total Market Value $13,719,725 $12,714,598 $11,483,309 $10,035,934 $9,271,954 $8,126,352 $8,192,008 $7,930,723 $7,922,133 $8,280,000

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 $13,087,572 $11,897,793 $10,816,175 $9,832,886 $8,938,987
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $13,087,572 $11,897,793 $10,816,175 $9,832,886 $8,938,987
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $13,087,572 $11,897,793 $10,816,175 $9,832,886 $8,938,987 $8,126,352 $8,192,008 $7,930,723 $7,922,133 $8,280,000
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $13,087,572 $11,897,793 $10,816,175 $9,832,886 $8,938,987 $8,126,352 $8,192,008 $7,930,723 $7,922,133 $8,280,000

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $197,971 $182,071 $165,053 $148,928 $140,681
NON AD VALOREM $5,946 $5,559 $5,193 $5,081 $4,948
TOTAL TAX $203,917 $187,630 $170,247 $154,009 $145,629
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $197,971 $182,071 $165,053 $148,928 $140,681 $131,851 $135,118 $133,057 $129,107 $137,918
NON AD VALOREM $5,946 $5,559 $5,193 $5,081 $4,948 $4,887 $4,813 $4,978 $4,961 $4,992
TOTAL TAX $203,917 $187,630 $170,247 $154,009 $145,629 $136,738 $139,931 $138,035 $134,068 $142,911

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.