Property detail

Field Value
Location Address 735 ISLAND DR
Municipality PALM BEACH
Parcel Control Number 50-43-43-27-02-000-0830
Subdivision EVERGLADES ISLAND PL 2 IN
Official Records Book/Page 32699 / 1720
Sale Date 07/14/2021
Legal Description PL NO 2 EVERGLADES ISLAND LT 83 & N 90 FT OF LT 85

Owner INFORMATION

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Owner(s) Mailing Address Actions
WATKINS EDWARD G
BESSEMER TRUST COMPANY OF FLORIDA TR
EDWARD G WATKINS ET AL TR TITL HLDRS
WATKINS EDWARD G TR
PO BOX 2315
PALM BEACH FL 33480 2315

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
07/14/2021 $10 32699 / 01720 WARRANTY DEED WATKINS EDWARD G
10/26/2017 $23,800,000 29434 / 01335 REP DEED OCEAN ISLAND ONE LLC
06/04/2008 $10 22685 / 01565 QUIT CLAIM AMES STEVEN
08/20/2003 $6,075,000 15753 / 01966 REP DEED SAY HEY LLC
01/01/1971 $350,000 01902 / 01732 BROTHERTON FREDERICK J EST

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 : 2022
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
WATKINS EDWARD G 2026 HOMESTEAD
WATKINS EDWARD G 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FGR Finished Garage 756
FOP Finished Open Porch 280
BAS Base Area 5714
FUS Finished Upper Story 4117
FST Finished Storage 108
FOP Finished Open Porch 800
Total Square Footage 11775
Area Under Air 9831

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 11775
Acres .70
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY 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 2008
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 7
Full Baths 9
Half Baths 3
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover SLATE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 MARBLE
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Boat Lift 2008 1
Pool - In-Ground 2008 1
Wall 2008 700
Fountain 2008 1
Elevator 2008 1
Spa 2008 1
Wall 2018 1800
Boat Dock 2008 675

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL R-B 0.6980

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $12,582,103 $11,491,186 $12,696,531 $12,990,380 $9,638,279
Land Value $34,963,450 $25,201,500 $25,149,485 $24,149,485 $20,981,350
Total Market Value $47,545,553 $36,692,686 $37,846,016 $37,139,865 $30,619,629
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $12,582,103 $11,491,186 $12,696,531 $12,990,380 $9,638,279 $8,456,954 $4,784,104 $4,376,439 $4,301,148 $3,988,062
Land Value $34,963,450 $25,201,500 $25,149,485 $24,149,485 $20,981,350 $13,802,962 $14,300,000 $12,870,000 $12,994,290 $12,031,750
Total Market Value $47,545,553 $36,692,686 $37,846,016 $37,139,865 $30,619,629 $22,259,916 $19,084,104 $17,246,439 $17,295,438 $16,019,812

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 $33,768,355 $32,880,579 $31,953,915 $31,023,218 $30,119,629
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $33,716,944 $32,829,857 $31,903,915 $30,973,218 $30,069,629
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $33,768,355 $32,880,579 $31,953,915 $31,023,218 $30,119,629 $20,868,191 $18,971,083 $17,246,439 $17,295,438 $12,743,648
Exemption Amount $51411 $50722 $50000 $50000 $50000 $0 $0 $0 $0 $50000
Taxable Value $33,716,944 $32,829,857 $31,903,915 $30,973,218 $30,069,629 $20,868,191 $18,971,083 $17,246,439 $17,295,438 $12,693,648

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $499,952 $488,310 $474,582 $465,150 $466,095
NON AD VALOREM $217 $205 $194 $188 $1,766
TOTAL TAX $500,169 $488,515 $474,776 $465,338 $467,861
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $499,952 $488,310 $474,582 $465,150 $466,095 $348,157 $313,699 $289,350 $281,864 $211,605
NON AD VALOREM $217 $205 $194 $188 $1,766 $2,479 $2,740 $2,742 $2,607 $2,699
TOTAL TAX $500,169 $488,515 $474,776 $465,338 $467,861 $350,636 $316,440 $292,092 $284,471 $214,304

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.