| Field | Value |
|---|---|
| Location Address | 240 ROYAL PALM WAY |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-23-05-025-0400 |
| Subdivision | ROYAL PARK ADD TO P B IN |
| Official Records Book/Page | 28071 / 1414 |
| Sale Date | 01/26/2016 |
| Legal Description | ROYAL PARK ADD LT 40 BLK E |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
JHD ASSOCIATES LLC |
OCONNOR PROPERTY MANAGEMENT OF S FL C/O 230 ROYAL PALM WAY # 3
PALM BEACH FL 33480 4340 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 01/26/2016 | $0 | 28071 / 01414 | WARRANTY DEED | JHD ASSOCIATES LLC |
| 08/01/1997 | $800,000 | 09970 / 01161 | WARRANTY DEED | F J K III PROP INC |
| 02/01/1996 | $2,000,000 | 09139 / 01237 | WARRANTY DEED | |
| 09/01/1993 | $1,700,000 | 07912 / 01302 | WARRANTY DEED | |
| 11/01/1992 | $1,564,600 | 07460 / 01106 | CERT OF TITLE | |
| 04/01/1981 | $2,500,000 | 03500 / 01342 | AGREEMENT DEED | |
| 03/01/1980 | $1,678,400 | 03260 / 01229 | REP DEED | |
| 01/01/1979 | $940,000 | 03005 / 01422 |
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 |
|---|---|
| OFFICES | 4956 |
| LOBBY | 384 |
| OFFICES | 4956 |
| Total Square Footage | 10296 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 0 |
| Total Square Feet* | 10296 |
| Acres | .46 |
| 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 |
|---|---|---|
| Paving- Asphalt | 1950 | 13204 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | COMMERCIAL | C-OPI | 0.4591 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $2,670,418 | $2,714,886 | $2,819,785 | $2,815,768 | $2,644,578 |
| Land Value | $9,922,500 | $9,000,000 | $7,000,000 | $4,930,816 | $4,559,192 |
| Total Market Value | $12,592,918 | $11,714,886 | $9,669,140 | $7,746,584 | $7,203,770 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $2,670,418 | $2,714,886 | $2,819,785 | $2,815,768 | $2,644,578 | $2,414,633 | $2,448,063 | $0 | $0 | $0 |
| Land Value | $9,922,500 | $9,000,000 | $7,000,000 | $4,930,816 | $4,559,192 | $3,684,516 | $3,577,200 | $0 | $0 | $0 |
| Total Market Value | $12,592,918 | $11,714,886 | $9,669,140 | $7,746,584 | $7,203,770 | $6,099,149 | $6,025,263 | $6,000,000 | $6,000,000 | $6,000,000 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $9,822,740 | $8,929,764 | $8,117,967 | $7,379,970 | $6,709,064 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $9,822,740 | $8,929,764 | $8,117,967 | $7,379,970 | $6,709,064 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $9,822,740 | $8,929,764 | $8,117,967 | $7,379,970 | $6,709,064 | $6,099,149 | $6,025,263 | $6,000,000 | $6,000,000 | $6,000,000 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $9,822,740 | $8,929,764 | $8,117,967 | $7,379,970 | $6,709,064 | $6,099,149 | $6,025,263 | $6,000,000 | $6,000,000 | $6,000,000 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $163,019 | $150,381 | $130,512 | $113,160 | $107,183 |
| NON AD VALOREM | $4,952 | $4,592 | $4,252 | $4,201 | $4,077 |
| TOTAL TAX | $167,971 | $154,973 | $134,764 | $117,361 | $111,260 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $163,019 | $150,381 | $130,512 | $113,160 | $107,183 | $98,959 | $99,380 | $100,664 | $97,782 | $99,941 |
| NON AD VALOREM | $4,952 | $4,592 | $4,252 | $4,201 | $4,077 | $3,964 | $3,902 | $4,057 | $4,036 | $4,077 |
| TOTAL TAX | $167,971 | $154,973 | $134,764 | $117,361 | $111,260 | $102,923 | $103,282 | $104,721 | $101,818 | $104,018 |
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.