| Field | Value |
|---|---|
| Location Address | 561 ISLAND DR |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-27-03-000-0372 |
| Subdivision | EVERGLADES ISLAND PL 3 IN |
| Official Records Book/Page | 30516 / 1688 |
| Sale Date | 03/21/2019 |
| Legal Description | EVERGLADES ISLAND PL NO 3 LT 37 /LESS N 75 FT/ & LT 39 |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
BARBARA FRED B FERRO JOSEPHINE TR JOSEPHINE FERRO TR TITL HLDR |
561 ISLAND DR
PALM BEACH FL 33480 4746 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 03/21/2019 | $10 | 30516 / 01688 | WARRANTY DEED | 561 ISLAND DRIVE TRUST |
| 03/31/2016 | $10,000,000 | 28205 / 01591 | DEED OF TRUST | 561 ISLAND DRIVE LLC |
| 07/25/2007 | $10 | 21975 / 01525 | QUIT CLAIM | RINKER RUBY S TR |
| 05/01/1996 | $100 | 09277 / 01557 | REP DEED | RINKER RUBY S |
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 : 2027
| Applicant/Owner(s) | Year | Detail |
|---|---|---|
| BARBARA FRED B | 2026 | HOMESTEAD |
| BARBARA FRED B | 2026 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| BLC Balcony | 18 |
| BLC Balcony | 504 |
| BAS Base Area | 4595 |
| FGR Finished Garage | 770 |
| BLC Balcony | 18 |
| FUS Finished Upper Story | 3632 |
| NVA No Value Area | 256 |
| FOP Finished Open Porch | 476 |
| FOP Finished Open Porch | 80 |
| Total Square Footage | 10349 |
| Area Under Air | 8227 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 10349 |
| Acres | .46 |
| 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 | 2019 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 6 |
| Full Baths | 8 |
| Half Baths | 1 |
| Roof Structure | WOOD TRUSS |
| Roof Cover | CLAY/BERMUDA TILE |
| Interior Wall 1 | DRYWALL |
| Floor Type 1 | MARBLE |
| Floor Type 2 | HARDWOOD |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Cabana/Pool House | 2019 | 255 |
| Pool - In-Ground | 2019 | 1 |
| Boat Dock | 2019 | 450 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | INTRACOASTAL | R-B | 0.4592 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $8,693,474 | $9,042,538 | $9,805,822 | $9,913,083 | $7,294,477 |
| Land Value | $23,002,300 | $20,001,000 | $20,000,990 | $19,000,990 | $16,300,900 |
| Total Market Value | $31,695,774 | $29,043,538 | $29,806,812 | $28,914,073 | $23,595,377 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $8,693,474 | $9,042,538 | $9,805,822 | $9,913,083 | $7,294,477 | $5,979,613 | $4,417,325 | $0 | $0 | $0 |
| Land Value | $23,002,300 | $20,001,000 | $20,000,990 | $19,000,990 | $16,300,900 | $9,080,908 | $9,900,000 | $8,910,000 | $8,548,875 | $7,915,625 |
| Total Market Value | $31,695,774 | $29,043,538 | $29,806,812 | $28,914,073 | $23,595,377 | $15,060,521 | $14,317,325 | $8,910,000 | $8,548,875 | $7,915,625 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $16,764,760 | $16,324,012 | $15,863,957 | $15,401,900 | $14,953,301 |
| Exemption Amount | $51,411 | $50,722 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $16,713,349 | $16,273,290 | $15,813,957 | $15,351,900 | $14,903,301 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $16,764,760 | $16,324,012 | $15,863,957 | $15,401,900 | $14,953,301 | $14,517,768 | $14,317,325 | $8,910,000 | $8,548,875 | $7,915,625 |
| Exemption Amount | $51411 | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $0 | $0 | $0 |
| Taxable Value | $16,713,349 | $16,273,290 | $15,813,957 | $15,351,900 | $14,903,301 | $14,467,768 | $14,267,325 | $8,910,000 | $8,548,875 | $7,915,625 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $247,908 | $242,130 | $235,318 | $230,633 | $231,091 |
| NON AD VALOREM | $217 | $205 | $194 | $188 | $862 |
| TOTAL TAX | $248,125 | $242,335 | $235,512 | $230,821 | $231,954 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $247,908 | $242,130 | $235,318 | $230,633 | $231,091 | $234,913 | $235,499 | $149,487 | $139,321 | $131,849 |
| NON AD VALOREM | $217 | $205 | $194 | $188 | $862 | $1,165 | $1,275 | $1,102 | $1,044 | $1,085 |
| TOTAL TAX | $248,125 | $242,335 | $235,512 | $230,821 | $231,954 | $236,078 | $236,774 | $150,589 | $140,365 | $132,934 |
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.