Property detail

Location Address 555 ISLAND DR
Municipality PALM BEACH
Parcel Control Number 50-43-43-27-03-000-0350
Subdivision EVERGLADES ISLAND PL 3 IN
Official Records Book/Page 30724 / 1452
Sale Date 06/26/2019
Legal Description EVERGLADES ISLAND PL NO 3 LT 35 & N 75 FT OF LT 37

Owner INFORMATION

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Owner(s) Mailing Address
COLEMAN CATHARINE
COLEMAN CHARLES P JR &
C PAYSON COLEMAN ET AL TR TITL HLDRS
COLEMAN C PAYSON TR
KELLER AVERY COLEMAN TR
555 ISLAND DR
PALM BEACH FL 33480 4746

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/26/2019 $17,300,000 30724 / 01452 WARRANTY DEED COLEMAN CHARLES P JR &
10/01/2012 $10 25556 / 00418 WARRANTY DEED BARDES MARY B TR
01/10/2003 $2,243,000 14661 / 00813 WARRANTY DEED BARDES MARY B
09/01/1996 $100 09446 / 01798 QUIT CLAIM
06/01/1991 $100 09312 / 00287 QUIT CLAIM
01/01/1979 $100 03128 / 01924

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 : 2021
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
COLEMAN CHARLES P JR & 2025 HOMESTEAD
COLEMAN CHARLES P JR & 2025 ADDITIONAL HOMESTEAD
COLEMAN CATHARINE 2025 HOMESTEAD
COLEMAN CATHARINE 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FOP Finished Open Porch 78
FUS Finished Upper Story 1176
BAS Base Area 6007
NVA No Value Area 676
FOP Finished Open Porch 234
FEP Finished Enclosed Porch 416
FGR Finished Garage 528
BAS Base Area 133
BAS Base Area 108
Total Square Footage 9356
Area Under Air 7424

Number of Units 1
Total Square Feet* 9356
Acres .64
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Exterior Wall 1 WSF: BRICK
Year Built 1957
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 6
Full Baths 6
Half Baths 2
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 PLYWOOD PNL.
Interior Wall 2 DRYWALL
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
Pool - In-Ground 2009 1
Boat Lift 2020 1
Fountain 2000 1
Wall 1957 467
Boat Dock 2005 104
Spa 2009 1

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL R-B 0.6429

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $2,121,440 $3,283,013 $3,368,353 $2,239,671 $1,667,464
Land Value $24,001,500 $23,961,485 $22,961,485 $19,901,350 $12,713,362
Total Market Value $26,122,940 $27,244,498 $26,329,838 $22,141,021 $14,380,826
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $2,121,440 $3,283,013 $3,368,353 $2,239,671 $1,667,464 $995,725 $816,669 $919,370 $591,501 $1,155,233
Land Value $24,001,500 $23,961,485 $22,961,485 $19,901,350 $12,713,362 $13,200,000 $11,880,000 $11,968,425 $11,081,875 $11,081,875
Total Market Value $26,122,940 $27,244,498 $26,329,838 $22,141,021 $14,380,826 $14,195,725 $12,696,669 $12,887,795 $11,673,376 $12,237,108

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $15,607,825 $15,167,954 $14,726,169 $14,297,251 $13,880,826
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $15,557,103 $15,117,954 $14,676,169 $14,247,251 $13,830,826
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $15,607,825 $15,167,954 $14,726,169 $14,297,251 $13,880,826 $14,195,725 $6,130,071 $6,015,771 $5,892,038 $5,770,850
Exemption Amount $50722 $50000 $50000 $50000 $50000 $0 $50000 $50000 $50000 $50000
Taxable Value $15,557,103 $15,117,954 $14,676,169 $14,247,251 $13,830,826 $14,195,725 $6,080,071 $5,965,771 $5,842,038 $5,720,850

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $231,509 $224,968 $220,489 $220,926 $224,578
NON AD VALOREM $207 $194 $188 $1,314 $1,822
TOTAL TAX $231,716 $225,162 $220,677 $222,240 $226,400
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $231,509 $224,968 $220,489 $220,926 $224,578 $234,143 $102,187 $97,388 $97,479 $98,576
NON AD VALOREM $207 $194 $188 $1,314 $1,822 $2,008 $2,010 $1,913 $1,978 $2,023
TOTAL TAX $231,716 $225,162 $220,677 $222,240 $226,400 $236,151 $104,197 $99,302 $99,457 $100,599

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.