Property detail

Field Value
Location Address 116 GULFSTREAM RD
Municipality PALM BEACH
Parcel Control Number 50-43-43-26-03-000-0360
Subdivision SINGER ADD TO P B IN
Official Records Book/Page 04941 / 0051
Sale Date 07/01/1986
Legal Description SINGER ADD LT 36

Owner INFORMATION

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Owner(s) Mailing Address Actions
WOOD ROBERT K
116 GULFSTREAM RD
PALM BEACH FL 33480 4708

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
07/01/1986 $355,000 04941 / 00051 WARRANTY DEED WOOD ROBERT K

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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  • Save Our Homes (SOH) Base Year : 1994
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
WOOD ROBERT K 2026 HOMESTEAD
WOOD ROBERT K 2026 ADDITIONAL HOMESTEAD
WOOD ROBERT K 2026 QUALIFIED EXEMPTION

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FOP Finished Open Porch 336
FGR Finished Garage 288
FCB Finished Cabana 979
BAS Base Area 2162
FUS Finished Upper Story 1976
Total Square Footage 5741
Area Under Air 4138

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 5741
Acres .38
Property Use Code 0100—SINGLE FAMILY
Zoning R-A—ESTATE RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Bldg Type EXC-RESIDENT
Exterior Wall 1 WSF: STUCCO
Year Built 1930
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 5
Full Baths 6
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover ASPHALT/COMPOSITION
Interior Wall 1 PLASTER
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 N/A
Stories 2

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Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 1930 1
Wall 1930 584

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-A 0.3837

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $606,644 $853,581 $922,497 $966,305 $898,093
Land Value $11,867,650 $11,533,350 $7,687,500 $6,519,000 $6,485,600
Total Market Value $12,474,294 $12,386,931 $8,609,997 $7,485,305 $7,383,693
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $606,644 $853,581 $922,497 $966,305 $898,093 $642,071 $963,877 $722,466 $438,647 $435,722
Land Value $11,867,650 $11,533,350 $7,687,500 $6,519,000 $6,485,600 $4,400,000 $4,320,000 $4,200,000 $4,261,357 $2,944,840
Total Market Value $12,474,294 $12,386,931 $8,609,997 $7,485,305 $7,383,693 $5,042,071 $5,283,877 $4,922,466 $4,700,004 $3,380,562

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 $1,310,540 $1,276,086 $1,240,122 $1,204,002 $1,168,934
Exemption Amount $56,411 $55,722 $55,000 $55,000 $55,000
Taxable Value $1,254,129 $1,220,364 $1,185,122 $1,149,002 $1,113,934
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $1,310,540 $1,276,086 $1,240,122 $1,204,002 $1,168,934 $1,134,887 $1,119,218 $1,094,055 $1,073,656 $1,051,573
Exemption Amount $56411 $55722 $55000 $55000 $55000 $55000 $55000 $55000 $55000 $55000
Taxable Value $1,254,129 $1,220,364 $1,185,122 $1,149,002 $1,113,934 $1,079,887 $1,064,218 $1,039,055 $1,018,656 $996,573

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $18,756 $18,308 $17,781 $17,411 $17,424
NON AD VALOREM $716 $704 $693 $642 $638
TOTAL TAX $19,472 $19,012 $18,474 $18,052 $18,061
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $18,756 $18,308 $17,781 $17,411 $17,424 $17,693 $17,728 $17,612 $16,765 $16,769
NON AD VALOREM $716 $704 $693 $642 $638 $680 $669 $670 $674 $661
TOTAL TAX $19,472 $19,012 $18,474 $18,052 $18,061 $18,373 $18,397 $18,282 $17,440 $17,430

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.