| Field | Value |
|---|---|
| Location Address | 240 BANYAN RD |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-26-00-002-0530 |
| Subdivision | |
| Official Records Book/Page | 27809 / 1174 |
| Sale Date | 09/11/2015 |
| Legal Description | 26-43-43, IRREG PAR OF NLY 145.28 FT OF WLY 261.58 FT OF GOV LT 2 LYG S OF & ADJ TO BANYON RD & E OF LAKE WORTH |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
240 BANYAN LAND TRUST HANLON M TIMOTHY TR M TIMOTHY HANLON TR TITL HLDR |
240 BANYAN RD
PALM BEACH FL 33480 4804 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 09/11/2015 | $20,760,000 | 27809 / 01174 | WARRANTY DEED | 240 BANYAN LAND TRUST |
| 06/23/2015 | $17,400,000 | 27635 / 01801 | WARRANTY DEED | DEW REVOCABLE TRUST |
| 07/29/2011 | $10 | 24683 / 00993 | LIFE ESTATE | CONDREN MARY JO |
| 01/01/1995 | $5,000,000 | 08585 / 01160 | 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 |
|---|---|
| UOP Unfinished Open Porch | 24 |
| BAS Base Area | 4113 |
| BAS Base Area | 1082 |
| FOP Finished Open Porch | 42 |
| FGR Finished Garage | 962 |
| UOP Unfinished Open Porch | 350 |
| FUS Finished Upper Story | 3971 |
| FST Finished Storage | 120 |
| FOP Finished Open Porch | 280 |
| FOP Finished Open Porch | 421 |
| Total Square Footage | 11365 |
| Area Under Air | 9166 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 11365 |
| Acres | .75 |
| Property Use Code | 0100—SINGLE FAMILY |
| Zoning | R-A—ESTATE RESIDENTIAL (50-PALM BEACH) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 1
| Field | Value |
|---|---|
| Bldg Type | EXC-LUX.RES |
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 1991 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 4 |
| Full Baths | 5 |
| Half Baths | 2 |
| Exterior Wall 2 | NONE |
| Roof Structure | GABLE/HIP |
| Roof Cover | CLAY/BERMUDA TILE |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | MARBLE |
| Floor Type 2 | HARDWOOD |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Pool - In-Ground | 2017 | 1 |
| Boat Dock | 2017 | 1400 |
| Fountain | 1991 | 1 |
| Elevator | 1991 | 1 |
| Wall | 1991 | 640 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | INTRACOASTAL | R-A | 0.7477 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $6,593,159 | $6,775,161 | $9,062,507 | $8,103,965 | $7,611,443 |
| Land Value | $35,824,800 | $36,249,920 | $35,824,800 | $24,920,372 | $20,655,600 |
| Total Market Value | $42,417,959 | $43,025,081 | $44,887,307 | $33,024,337 | $28,267,043 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $6,593,159 | $6,775,161 | $9,062,507 | $8,103,965 | $7,611,443 | $6,454,308 | $5,159,087 | $6,289,787 | $4,580,422 | $3,875,321 |
| Land Value | $35,824,800 | $36,249,920 | $35,824,800 | $24,920,372 | $20,655,600 | $15,104,640 | $13,560,000 | $13,080,000 | $11,992,179 | $12,623,347 |
| Total Market Value | $42,417,959 | $43,025,081 | $44,887,307 | $33,024,337 | $28,267,043 | $21,558,948 | $18,719,087 | $19,369,787 | $16,572,601 | $16,498,668 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $19,618,752 | $19,102,972 | $18,564,599 | $18,023,883 | $17,498,916 |
| Exemption Amount | $56,411 | $55,722 | $55,000 | $55,000 | $50,500 |
| Taxable Value | $19,562,341 | $19,047,250 | $18,509,599 | $17,968,883 | $17,448,416 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $19,618,752 | $19,102,972 | $18,564,599 | $18,023,883 | $17,498,916 | $16,989,239 | $16,754,674 | $16,377,980 | $16,072,601 | $16,498,668 |
| Exemption Amount | $56411 | $55722 | $55000 | $55000 | $50500 | $50500 | $50500 | $50500 | $50000 | $0 |
| Taxable Value | $19,562,341 | $19,047,250 | $18,509,599 | $17,968,883 | $17,448,416 | $16,938,739 | $16,704,174 | $16,327,480 | $16,022,601 | $16,498,668 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $290,139 | $283,376 | $275,403 | $269,921 | $270,528 |
| NON AD VALOREM | $1,433 | $1,408 | $1,386 | $1,283 | $1,275 |
| TOTAL TAX | $291,571 | $284,785 | $276,789 | $271,204 | $271,803 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $290,139 | $283,376 | $275,403 | $269,921 | $270,528 | $275,005 | $275,692 | $274,112 | $261,285 | $274,815 |
| NON AD VALOREM | $1,433 | $1,408 | $1,386 | $1,283 | $1,275 | $1,360 | $1,337 | $1,340 | $1,349 | $1,322 |
| TOTAL TAX | $291,571 | $284,785 | $276,789 | $271,204 | $271,803 | $276,365 | $277,029 | $275,452 | $262,633 | $276,137 |
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.