Property detail

Field Value
Location Address 160 ROYAL PALM WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-026-0310
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 30614 / 646
Sale Date 05/14/2019
Legal Description ROYAL PARK ADD LTS 31 TO 33 INC BLK F

Owner INFORMATION

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Owner(s) Mailing Address Actions
LR PALM HOUSE LLC
11999 SAN VICENTE BLVD STE 290
LOS ANGELES CA 90049 5139

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
05/14/2019 $39,600,000 30614 / 00646 QUIT CLAIM LR PALM HOUSE LLC
10/22/2009 $10,000,100 23506 / 01148 CERT OF TITLE 160 ROYAL PALM LLC
08/22/2006 $10 20776 / 01540 WARRANTY DEED ROYAL 160 LLC
11/30/2000 $5,000,000 12166 / 00294 WARRANTY DEED HEART OF PALM
11/01/1991 $3,277,500 07031 / 01379 WARRANTY DEED
09/01/1988 $6,000,000 05803 / 00014 CERT OF TITLE
07/01/1986 $5,400,000 04946 / 00315 QUIT CLAIM
06/01/1986 $100 04915 / 01539 CERT OF TITLE
06/01/1984 $5,800,000 04282 / 01904 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
BANQUET ROOM 14208
PARKING LEVEL FLOORS 0
RESORT HOTEL 22450
BANQUET ROOM 5926
RESORT HOTEL 20931
RESORT HOTEL 19312
PARKING LEVEL FLOORS 0
Total Square Footage 82827

Field Value
Total Number of Units Per Parcel 79
Total Square Feet* 82827
Acres 1.38
Property Use Code 3900—MOTEL
Zoning C-B—COMMERCIAL OFFICES (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Year Built 1961
RESORT HOTEL 82827

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Swimming Pool Commercial 2024 893
Paving- Asphalt 2024 5960
Cabana 2024 442
Patio 2024 11770

Property Land Details

Land Line # Description Zoning Acres
1 HOTEL C-B 1.3774

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $28,359,054 $28,640,624 $6,093,103 $5,246,923 $3,472,186
Land Value $41,080,000 $37,327,500 $35,550,000 $33,308,140 $25,236,030
Total Market Value $69,439,054 $65,968,124 $41,643,103 $38,555,063 $28,708,216
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $28,359,054 $28,640,624 $6,093,103 $5,246,923 $3,472,186 $2,523,996 $3,678,313 $3,663,056 $2,655,862 $2,676,350
Land Value $41,080,000 $37,327,500 $35,550,000 $33,308,140 $25,236,030 $20,394,000 $19,800,000 $16,500,000 $7,605,000 $7,242,600
Total Market Value $69,439,054 $65,968,124 $41,643,103 $38,555,063 $28,708,216 $22,917,996 $23,478,313 $20,163,056 $10,260,862 $9,918,950

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 $69,439,054 $65,968,124 $30,438,012 $27,670,920 $25,209,796
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $69,439,054 $65,968,124 $30,438,012 $27,670,920 $25,209,796
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $69,439,054 $65,968,124 $30,438,012 $27,670,920 $25,209,796 $22,917,996 $23,478,313 $11,286,948 $10,260,862 $9,918,950
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $69,439,054 $65,968,124 $30,438,012 $27,670,920 $25,209,796 $22,917,996 $23,478,313 $11,286,948 $10,260,862 $9,918,950

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $1,029,295 $980,880 $523,374 $485,691 $413,435
NON AD VALOREM $38,807 $35,597 $3,120 $2,835 $2,835
TOTAL TAX $1,068,103 $1,016,477 $526,494 $488,526 $416,269
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $1,029,295 $980,880 $523,374 $485,691 $413,435 $371,847 $387,249 $252,954 $167,221 $165,218
NON AD VALOREM $38,807 $35,597 $3,120 $2,835 $2,835 $3,139 $3,098 $3,093 $3,121 $3,056
TOTAL TAX $1,068,103 $1,016,477 $526,494 $488,526 $416,269 $374,986 $390,347 $256,047 $170,342 $168,274

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.