| Location Address | 534 ISLAND DR |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-27-03-000-0340 |
| Subdivision | EVERGLADES ISLAND PL 3 IN |
| Official Records Book/Page | 29900 / 1878 |
| Sale Date | 05/25/2018 |
| Legal Description | EVERGLADES ISLAND PL NO 3 LT 34 & N 50.01 FT OF LT 36 |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
SALOMON RICHARD E RICHARD E SALOMON TR TITL HLDR SALOMON RICHARD E TR |
534 ISLAND DR
PALM BEACH FL 33480 4747 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 05/25/2018 | $12,537,970 | 29900 / 01878 | DEED OF TRUST | SALOMON RICHARD E |
| 07/19/2016 | $13,027,942 | 28450 / 00873 | WARRANTY DEED | HERMANN ROBERT |
| 06/15/2000 | $3,850,000 | 11850 / 00804 | WARRANTY DEED | CORRIGAN HAROLD F & |
| 11/09/1998 | $2,450,000 | 10744 / 01959 | WARRANTY DEED | FIVE 34 EVERGLADES ISLAND |
| 03/01/1992 | $100 | 07173 / 01647 | QUIT CLAIM | |
| 01/01/1990 | $100 | 06330 / 00365 | QUIT CLAIM | |
| 11/01/1988 | $100 | 05872 / 01944 | QUIT CLAIM |
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 : 2020
- Exemption Year : 2025
| Applicant/Owner(s) | Year | Detail | ||
|---|---|---|---|---|
| SALOMON RICHARD E | 2025 | HOMESTEAD | ||
| SALOMON RICHARD E | 2025 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FUS Finished Upper Story | 3462 |
| UOP Unfinished Open Porch | 200 |
| BAS Base Area | 200 |
| FOP Finished Open Porch | 560 |
| FOP Finished Open Porch | 200 |
| FOP Finished Open Porch | 224 |
| FGR Finished Garage | 616 |
| BAS Base Area | 3212 |
| Total Square Footage | 8674 |
| Area Under Air | 6874 |
| Number of Units | 1 |
| Total Square Feet* | 8674 |
| Acres | .53 |
| 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
| Exterior Wall 1 | WSF: BRICK |
| Year Built | 1961 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 5 |
| Full Baths | 4 |
| Half Baths | 2 |
| Exterior Wall 2 | NONE |
| Roof Structure | WOOD TRUSS |
| Roof Cover | CONCRETE TILE |
| Interior Wall 1 | PLYWOOD PNL. |
| Interior Wall 2 | DRYWALL |
| Floor Type 1 | MARBLE |
| Floor Type 2 | HARDWOOD |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Pool - In-Ground | 1961 | 1 |
| Wall | 1961 | 460 |
| Boat Dock | 1999 | 780 |
| Fountain | 1999 | 1 |
| Boat Lift | 2002 | 1 |
| Elevator | 2001 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | INTRACOASTAL CANAL | R-B | 0.5322 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $7,723,437 | $8,472,490 | $8,722,929 | $6,596,631 | $6,072,909 |
| Land Value | $18,431,900 | $21,540,088 | $20,540,088 | $17,600,080 | $10,315,990 |
| Total Market Value | $26,155,337 | $30,012,578 | $29,263,017 | $24,196,711 | $16,388,899 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $7,723,437 | $8,472,490 | $8,722,929 | $6,596,631 | $6,072,909 | $3,706,046 | $3,952,313 | $3,845,816 | $457,785 | $891,753 |
| Land Value | $18,431,900 | $21,540,088 | $20,540,088 | $17,600,080 | $10,315,990 | $9,200,000 | $7,840,000 | $7,510,968 | $6,954,600 | $6,954,600 |
| Total Market Value | $26,155,337 | $30,012,578 | $29,263,017 | $24,196,711 | $16,388,899 | $12,906,046 | $11,792,313 | $11,356,784 | $7,412,385 | $7,846,353 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $14,714,930 | $14,300,224 | $13,883,713 | $13,479,333 | $13,086,731 |
| Exemption Amount | $50,722 | $50,000 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $14,664,208 | $14,250,224 | $13,833,713 | $13,429,333 | $13,036,731 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $14,714,930 | $14,300,224 | $13,883,713 | $13,479,333 | $13,086,731 | $12,906,046 | $11,792,313 | $7,568,045 | $7,412,385 | $5,490,596 |
| Exemption Amount | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $0 | $50000 | $50000 | $50000 |
| Taxable Value | $14,664,208 | $14,250,224 | $13,833,713 | $13,429,333 | $13,036,731 | $12,856,046 | $11,792,313 | $7,518,045 | $7,362,385 | $5,440,596 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $218,231 | $212,064 | $207,841 | $208,252 | $211,694 |
| NON AD VALOREM | $207 | $194 | $188 | $184 | $178 |
| TOTAL TAX | $218,438 | $212,258 | $208,029 | $208,436 | $211,872 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $218,231 | $212,064 | $207,841 | $208,252 | $211,694 | $212,222 | $197,844 | $122,686 | $122,803 | $93,756 |
| NON AD VALOREM | $207 | $194 | $188 | $184 | $178 | $173 | $175 | $175 | $172 | $170 |
| TOTAL TAX | $218,438 | $212,258 | $208,029 | $208,436 | $211,872 | $212,395 | $198,019 | $122,861 | $122,975 | $93,926 |
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.