| Location Address | 488 ISLAND DR |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-27-03-000-0251 |
| Subdivision | EVERGLADES ISLAND PL 3 IN |
| Official Records Book/Page | 30101 / 732 |
| Sale Date | 08/31/2018 |
| Legal Description | EVERGLADES ISLAND PLAT 3 LT 25 (LESS W 17.23 FT) |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
FEINSTEIN RICHARD FEINSTEIN JEFFREY TR FEINSTEIN RICHARD TR RICHARD FEINSTEIN ET AL TR TITL HLDRS |
488 ISLAND DR
PALM BEACH FL 33480 4749 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 08/31/2018 | $21,000,000 | 30101 / 00732 | WARRANTY DEED | RSF TRUST |
| 03/10/2015 | $8,365,728 | 27444 / 00426 | WARRANTY DEED | 488 ISLAND DRIVE LLC |
| 02/01/1994 | $100 | 08134 / 00772 | WARRANTY DEED | GERTRUD TURKLITZ 482 ISLAND DR AG |
| 05/01/1993 | $1,400,000 | 07709 / 00461 | 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.
- Save Our Homes (SOH) Base Year : 2019
- Exemption Year : 2025
| Applicant/Owner(s) | Year | Detail | ||
|---|---|---|---|---|
| FEINSTEIN RICHARD | 2025 | HOMESTEAD | ||
| FEINSTEIN RICHARD | 2025 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FGR Finished Garage | 529 |
| FUS Finished Upper Story | 529 |
| FUS Finished Upper Story | 4100 |
| FOP Finished Open Porch | 400 |
| FOP Finished Open Porch | 110 |
| FOP Finished Open Porch | 140 |
| FDG Finished Det. Garage | 529 |
| BLC Balcony | 53 |
| BLC Balcony | 36 |
| BAS Base Area | 3647 |
| Total Square Footage | 10073 |
| Area Under Air | 8276 |
| Number of Units | 1 |
| Total Square Feet* | 10073 |
| Acres | .54 |
| 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
| Bldg Type | EXC-LUX.RES |
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 2018 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 6 |
| Full Baths | 7 |
| Half Baths | |
| Roof Structure | WOOD TRUSS |
| Roof Cover | CONCRETE TILE |
| Interior Wall 1 | DRYWALL |
| Floor Type 1 | HARDWOOD |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Boat Lift | 2021 | 1 |
| Elevator | 2018 | 1 |
| Boat Dock | 2018 | 250 |
| Pool - In-Ground | 2018 | 1 |
| Wall | 1980 | 482 |
| Fountain | 2021 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 2 | RIGHT-OF-WAY | R-B | 0.0367 |
| 1 | INTRACOASTAL | R-B | 0.4996 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $10,306,074 | $11,278,058 | $11,523,234 | $8,584,835 | $7,483,700 |
| Land Value | $29,233,000 | $29,220,673 | $27,820,673 | $23,929,730 | $13,831,592 |
| Total Market Value | $39,539,074 | $40,498,731 | $39,343,907 | $32,514,565 | $21,315,292 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $10,306,074 | $11,278,058 | $11,523,234 | $8,584,835 | $7,483,700 | $4,557,597 | $4,258,743 | $0 | $0 | $0 |
| Land Value | $29,233,000 | $29,220,673 | $27,820,673 | $23,929,730 | $13,831,592 | $14,300,000 | $12,870,000 | $8,830,758 | $8,176,350 | $8,176,350 |
| Total Market Value | $39,539,074 | $40,498,731 | $39,343,907 | $32,514,565 | $21,315,292 | $18,857,597 | $17,128,743 | $8,830,758 | $8,176,350 | $8,176,350 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $19,994,970 | $19,431,458 | $18,865,493 | $18,316,013 | $17,768,022 |
| Exemption Amount | $50,722 | $50,000 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $19,944,248 | $19,381,458 | $18,815,493 | $18,266,013 | $17,718,022 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $19,994,970 | $19,431,458 | $18,865,493 | $18,316,013 | $17,768,022 | $17,522,704 | $17,128,743 | $8,830,758 | $8,176,350 | $8,176,350 |
| Exemption Amount | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $0 | $0 | $0 |
| Taxable Value | $19,944,248 | $19,381,458 | $18,815,493 | $18,266,013 | $17,718,022 | $17,472,704 | $17,078,743 | $8,830,758 | $8,176,350 | $8,176,350 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $296,750 | $288,368 | $282,631 | $283,197 | $287,649 |
| NON AD VALOREM | $0 | $0 | $0 | $0 | $0 |
| TOTAL TAX | $296,750 | $288,368 | $282,631 | $283,197 | $287,649 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $296,750 | $288,368 | $282,631 | $283,197 | $287,649 | $288,368 | $286,716 | $143,915 | $136,192 | $140,634 |
| NON AD VALOREM | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| TOTAL TAX | $296,750 | $288,368 | $282,631 | $283,197 | $287,649 | $288,368 | $286,716 | $143,915 | $136,192 | $140,634 |
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.