Property detail

Location Address 568 ISLAND DR
Municipality PALM BEACH
Parcel Control Number 50-43-43-27-03-000-0420
Subdivision EVERGLADES ISLAND PL 3 IN
Official Records Book/Page 31562 / 1495
Sale Date 06/24/2020
Legal Description EVERGLADES ISLAND PL NO 3 LT 42

Owner INFORMATION

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Owner(s) Mailing Address
568 ISLAND DRIVE LLC
655 PARK AVE PH 10
NEW YORK NY 10065 5937

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/24/2020 $10,000,000 31562 / 01495 WARRANTY DEED 568 ISLAND DRIVE LLC
03/01/1980 $500,000 03264 / 01141 REP DEED LICKLE RENEE K &

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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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
SFB Semi Finished Base Area 624
BAS Base Area 3881
FUS Finished Upper Story 2197
FOP Finished Open Porch 44
FOP Finished Open Porch 156
FGR Finished Garage 624
Total Square Footage 7526
Area Under Air 6702

Number of Units 1
Total Square Feet* 7526
Acres .36
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 1956
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 6
Full Baths 5
Half Baths 2
Roof Structure IRREGULAR
Roof Cover CONCRETE TILE
Interior Wall 1 PLYWOOD PNL.
Interior Wall 2 DRYWALL
Floor Type 1 HARDWOOD
Stories 2

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Sketch
for Building 1

Property Extra Features

Description Year Built Units
Boat Dock 1989 711
Wall 1985 279
Pool - In-Ground 1956 1
Patio 1956 1011
Patio 1956 476

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL CANAL R-B 0.3556

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $344,873 $987,347 $987,421 $657,240 $1,698,773
Land Value $16,549,000 $18,214,040 $17,214,040 $14,576,400 $6,893,050
Total Market Value $16,893,873 $19,201,387 $18,201,461 $15,233,640 $8,591,823
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $344,873 $987,347 $987,421 $657,240 $1,698,773 $1,038,069 $834,175 $862,461 $545,017 $1,087,926
Land Value $16,549,000 $18,214,040 $17,214,040 $14,576,400 $6,893,050 $5,750,000 $4,900,000 $5,018,760 $4,647,000 $4,647,000
Total Market Value $16,893,873 $19,201,387 $18,201,461 $15,233,640 $8,591,823 $6,788,069 $5,734,175 $5,881,221 $5,192,017 $5,734,926

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 $12,579,289 $11,435,717 $10,396,106 $9,451,005 $8,591,823
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $12,579,289 $11,435,717 $10,396,106 $9,451,005 $8,591,823
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $12,579,289 $11,435,717 $10,396,106 $9,451,005 $8,591,823 $3,599,153 $3,518,234 $3,452,634 $3,381,620 $3,312,067
Exemption Amount $0 $0 $0 $0 $0 $50000 $50000 $50000 $50000 $50000
Taxable Value $12,579,289 $11,435,717 $10,396,106 $9,451,005 $8,591,823 $3,549,153 $3,468,234 $3,402,634 $3,331,620 $3,262,067

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $214,337 $219,086 $206,472 $184,141 $139,403
NON AD VALOREM $207 $194 $188 $862 $1,165
TOTAL TAX $214,544 $219,280 $206,660 $185,004 $140,568
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $214,337 $219,086 $206,472 $184,141 $139,403 $58,715 $58,367 $55,617 $55,663 $56,285
NON AD VALOREM $207 $194 $188 $862 $1,165 $1,275 $1,277 $1,219 $1,257 $1,283
TOTAL TAX $214,544 $219,280 $206,660 $185,004 $140,568 $59,990 $59,644 $56,836 $56,920 $57,568

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.