Property detail

Location Address 389 S LAKE DR PHA
Municipality PALM BEACH
Parcel Control Number 50-43-43-27-63-000-6010
Subdivision THREE EIGHTY NINE CORP LESSEE 389 S LAKE DR PALM BEACH FL
Official Records Book/Page 34493 / 1860
Sale Date 08/02/2023
Legal Description THREE EIGHTY NINE CORP LESSEE PENTHOUSE A

Owner INFORMATION

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Owner(s) Mailing Address
CECIL H ANTHONY JR
CECIL H ANTHONY JR TR
H ANTHONY CECIL JR TR TITL HLDR
389 S LAKE DR PH A
PALM BEACH FL 33480 4554

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
08/02/2023 $5,239,161 34493 / 01860 PRIOR LEASE-COOP CECIL H ANTHONY JR
12/22/2008 $10 23013 / 00260 PRIOR LEASE-COOP SEZNA DAVIS G &
05/06/2003 $1,195,000 15360 / 01665 PRIOR LEASE-COOP SEZNA DAVIS G
04/01/1990 $775,000 06438 / 00164 PRIOR LEASE-COOP

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 : 2024
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
CECIL H ANTHONY JR 2026 HOMESTEAD
CECIL H ANTHONY JR 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 1917
Total Square Footage 1917
Area Under Air 1917

Number of Units 1
Total Square Feet* 2002
Acres
Property Use Code 0510—COOPERATIVE
Zoning R-D(2)—HEAVY DENSITY RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Name THREE EIGHTY NINE CORP
Area 2002
Year Built 1967
No of Bedroom(s) 3
No of Bath(s) 3
No of Half Bath(s)
Exterior Wall 1 MSY: CB STUCCO
Air Condition DESC HTG & AC
Heat Type FORCED AIR DUCT
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover MIN. ROOFING (CORR/SH.M)
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

No Extra Feature Available

Property Land Details

No Land Details Available

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $4,000,000 $4,000,000 $3,000,000 $2,331,000 $1,950,000
Land Value $0 $0 $0 $0 $0
Total Market Value $4,000,000 $3,800,000 $3,000,000 $2,331,000 $1,950,000
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $4,000,000 $4,000,000 $3,000,000 $2,331,000 $1,950,000 $1,950,000 $1,950,000 $1,950,000 $2,100,000 $1,900,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $4,000,000 $3,800,000 $3,000,000 $2,331,000 $1,950,000 $1,950,000 $1,950,000 $1,950,000 $2,100,000 $1,900,000

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 2024 2023 2022 2021
Assessed Value $3,910,200 $3,800,000 $1,073,736 $1,042,462 $1,012,099
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $3,859,478 $3,750,000 $1,023,736 $992,462 $962,099
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $3,910,200 $3,800,000 $1,073,736 $1,042,462 $1,012,099 $998,125 $975,684 $957,492 $937,798 $918,509
Exemption Amount $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $3,859,478 $3,750,000 $1,023,736 $992,462 $962,099 $948,125 $925,684 $907,492 $887,798 $868,509

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $57,549 $55,922 $15,530 $15,541 $15,782
NON AD VALOREM $692 $684 $2,005 $2,123 $2,138
TOTAL TAX $58,241 $56,606 $17,535 $17,664 $17,920
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $57,549 $55,922 $15,530 $15,541 $15,782 $15,814 $15,710 $14,954 $14,957 $15,115
NON AD VALOREM $692 $684 $2,005 $2,123 $2,138 $2,360 $2,376 $2,201 $2,280 $2,134
TOTAL TAX $58,241 $56,606 $17,535 $17,664 $17,920 $18,173 $18,085 $17,155 $17,237 $17,249

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.