Property detail

Location Address 575 ISLAND DR
Municipality PALM BEACH
Parcel Control Number 50-43-43-27-03-000-0430
Subdivision EVERGLADES ISLAND PL 3 IN
Official Records Book/Page 26855 / 1993
Sale Date 05/15/2014
Legal Description EVERGLADES ISLAND PL NO 3 LT 43

Owner INFORMATION

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Owner(s) Mailing Address
GILBANE SARA B
KURT STEINKRAUSS TR TITL HLDR
STEINKRAUSS KURT R TR
575 ISLAND DR
PALM BEACH FL 33480 4746

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
05/15/2014 $11,600,000 26855 / 01993 WARRANTY DEED 575 ISLAND DRIVE TRUST
06/29/2012 $9,700,000 25302 / 01594 DEED OF TRUST LIBERT MARTHA BROWN TRUST
09/23/2009 $10 23459 / 01225 QUIT CLAIM BERNON CAROL TRUST &
01/24/2005 $6,275,000 18048 / 01395 WARRANTY DEED 575 ISLAND DRIVE TRUST
05/01/1987 $1,000,000 05305 / 00168 WARRANTY DEED
06/01/1982 $100 03742 / 01229 WARRANTY DEED
01/01/1969 $150,000 01722 / 00000 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.

Exemption INFORMATION

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  • Save Our Homes (SOH) Base Year : 2015
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
GILBANE SARA B 2025 HOMESTEAD
GILBANE SARA B 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
UOP Unfinished Open Porch 80
UOP Unfinished Open Porch 312
BAS Base Area 3999
FUS Finished Upper Story 1628
FOP Finished Open Porch 300
FOP Finished Open Porch 80
FGR Finished Garage 484
Total Square Footage 6883
Area Under Air 5627

Number of Units 1
Total Square Feet* 6883
Acres .37
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 MSY: CB STUCCO
Year Built 2009
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel GAS
Bed Rooms 4
Full Baths 6
Half Baths 2
Roof Structure WOOD TRUSS
Roof Cover SLATE
Interior Wall 1 DRYWALL
Floor Type 1 MARBLE
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Elevator 2009 1
Fountain 2009 1
Pool - In-Ground 2009 1
Boat Lift 2015 1
Bbq 2009 1
Boat Dock 2009 126

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL R-B 0.3674

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $9,934,583 $12,967,097 $13,254,555 $9,901,070 $6,360,461
Land Value $18,800,600 $18,460,770 $17,460,770 $14,900,700 $7,264,908
Total Market Value $28,735,183 $31,427,867 $30,715,325 $24,801,770 $13,625,369
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $9,934,583 $12,967,097 $13,254,555 $9,901,070 $6,360,461 $4,485,543 $4,148,459 $3,510,307 $3,214,666 $3,216,809
Land Value $18,800,600 $18,460,770 $17,460,770 $14,900,700 $7,264,908 $7,700,000 $6,930,000 $6,839,100 $6,332,500 $6,332,500
Total Market Value $28,735,183 $31,427,867 $30,715,325 $24,801,770 $13,625,369 $12,185,543 $11,078,459 $10,349,407 $9,547,166 $9,549,309

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 $11,585,505 $11,258,994 $10,931,062 $10,612,682 $10,303,575
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $11,534,783 $11,208,994 $10,881,062 $10,562,682 $10,253,575
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $11,585,505 $11,258,994 $10,931,062 $10,612,682 $10,303,575 $10,161,317 $9,932,861 $9,747,656 $9,547,166 $9,386,244
Exemption Amount $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $11,534,783 $11,208,994 $10,881,062 $10,562,682 $10,253,575 $10,111,317 $9,882,861 $9,697,656 $9,497,166 $9,336,244

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $171,694 $166,840 $163,514 $163,833 $166,537
NON AD VALOREM $207 $194 $188 $184 $178
TOTAL TAX $171,901 $167,034 $163,702 $164,017 $166,715
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $171,694 $166,840 $163,514 $163,833 $166,537 $166,950 $165,988 $158,207 $158,362 $160,761
NON AD VALOREM $207 $194 $188 $184 $178 $173 $175 $175 $172 $170
TOTAL TAX $171,901 $167,034 $163,702 $164,017 $166,715 $167,123 $166,163 $158,382 $158,534 $160,931

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.