| Field | Value |
|---|---|
| Location Address | 537 ISLAND DR |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-27-03-000-0310 |
| Subdivision | EVERGLADES ISLAND PL 3 IN |
| Official Records Book/Page | 35388 / 332 |
| Sale Date | 09/15/2024 |
| Legal Description | EVERGLADES ISLAND PL NO 3 LTS 31 & 33 |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
RAKOLTA TERRY L RAKOLTA TERRY L & RAKOLTA JOHN JR TR RAKOLTA TERRY L TR TERRY L RAKOLTA ET AL TR TITL HLDRS |
537 ISLAND DR
PALM BEACH FL 33480 4746 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 09/15/2024 | $10 | 35388 / 00332 | WARRANTY DEED | RAKOLTA TERRY L & |
| 12/28/2017 | $1 | 29556 / 01998 | DEED OF TRUST | RAKOLTA TERRY L & |
| 07/01/1995 | $1,800,000 | 08827 / 01563 | DEED OF TRUST | RAKOLTA TERRY L |
| 05/01/1992 | $100 | 07286 / 01088 | 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 : 2007
- Exemption Year : 2027
| Applicant/Owner(s) | Year | Detail |
|---|---|---|
| RAKOLTA TERRY L & | 2026 | ADDITIONAL HOMESTEAD |
| RAKOLTA TERRY L & | 2026 | HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FGR Finished Garage | 770 |
| BAS Base Area | 3592 |
| UOP Unfinished Open Porch | 33 |
| UOP Unfinished Open Porch | 81 |
| UOP Unfinished Open Porch | 24 |
| UOP Unfinished Open Porch | 30 |
| UOP Unfinished Open Porch | 660 |
| FUS Finished Upper Story | 3647 |
| NVA No Value Area | 63 |
| NVA No Value Area | 100 |
| NVA No Value Area | 50 |
| FST Finished Storage | 208 |
| FOP Finished Open Porch | 30 |
| FOP Finished Open Porch | 841 |
| FOP Finished Open Porch | 30 |
| Total Square Footage | 10159 |
| Area Under Air | 7239 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 10159 |
| 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
| Field | Value |
|---|---|
| Bldg Type | EXC-LUX.RES |
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 2000 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 5 |
| Full Baths | 7 |
| Half Baths | 2 |
| Exterior Wall 2 | NONE |
| Roof Structure | WOOD TRUSS |
| Roof Cover | CLAY/BERMUDA TILE |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | CERAMIC/QUARRY TILE |
| Floor Type 2 | FINE OR SOFT WOOD |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Elevator | 2000 | 1 |
| Boat Dock | 2000 | 1104 |
| Pool - In-Ground | 2000 | 1 |
| Fountain | 2000 | 1 |
| Wall | 2000 | 1140 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | INTRACOASTAL | R-B | 0.5354 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $11,745,126 | $11,225,046 | $12,306,860 | $12,975,876 | $9,734,004 |
| Land Value | $26,822,600 | $21,662,000 | $21,645,380 | $20,645,380 | $17,795,800 |
| Total Market Value | $38,567,726 | $32,887,046 | $33,952,240 | $33,621,256 | $27,529,804 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $11,745,126 | $11,225,046 | $12,306,860 | $12,975,876 | $9,734,004 | $7,207,489 | $5,131,090 | $4,802,876 | $4,406,477 | $4,090,520 |
| Land Value | $26,822,600 | $21,662,000 | $21,645,380 | $20,645,380 | $17,795,800 | $10,589,096 | $11,000,000 | $9,900,000 | $10,075,968 | $9,329,600 |
| Total Market Value | $38,567,726 | $32,887,046 | $33,952,240 | $33,621,256 | $27,529,804 | $17,796,585 | $16,131,090 | $14,702,876 | $14,482,445 | $13,420,120 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $11,128,339 | $10,835,773 | $10,530,392 | $10,223,682 | $9,925,905 |
| Exemption Amount | $51,411 | $50,722 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $11,076,928 | $10,785,051 | $10,480,392 | $10,173,682 | $9,875,905 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $11,128,339 | $10,835,773 | $10,530,392 | $10,223,682 | $9,925,905 | $9,636,801 | $9,503,749 | $9,290,077 | $9,116,857 | $8,929,341 |
| Exemption Amount | $51411 | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $11,076,928 | $10,785,051 | $10,480,392 | $10,173,682 | $9,875,905 | $9,586,801 | $9,453,749 | $9,240,077 | $9,066,857 | $8,879,341 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $164,359 | $160,526 | $156,005 | $152,895 | $153,191 |
| NON AD VALOREM | $217 | $205 | $194 | $188 | $1,314 |
| TOTAL TAX | $164,576 | $160,731 | $156,199 | $153,083 | $154,505 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $164,359 | $160,526 | $156,005 | $152,895 | $153,191 | $155,719 | $156,104 | $155,204 | $147,927 | $148,071 |
| NON AD VALOREM | $217 | $205 | $194 | $188 | $1,314 | $1,822 | $2,008 | $2,010 | $1,913 | $1,978 |
| TOTAL TAX | $164,576 | $160,731 | $156,199 | $153,083 | $154,505 | $157,541 | $158,112 | $157,213 | $149,840 | $150,049 |
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.