Property detail

Location Address 369 S LAKE DR 1C
Municipality PALM BEACH
Parcel Control Number 50-43-43-27-67-000-1030
Subdivision PARK PLACE INC 369 S LAKE DR PALM BEACH FL
Official Records Book/Page 35646 / 531
Sale Date 03/25/2025
Legal Description PARK PLACE INC APT 1-C

Owner INFORMATION

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Owner(s) Mailing Address
MADDOCK CYTHLEN C TRUST
369 S LAKE DR # 1C
PALM BEACH FL 33480 4571

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
03/25/2025 $4,150,000 35646 / 00531 PRIOR LEASE-COOP MADDOCK CYTHLEN C TRUST
09/13/2016 $1,650,000 28575 / 01496 WARRANTY DEED COXHEAD PETER C TRUST
07/05/2001 $625,000 12771 / 01592 PRIOR LEASE-COOP MEJIA MARGARET H &
07/01/1975 $100 02436 / 01631 PRIOR LEASE-COOP HANSON HELEN D

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
BAS Base Area 1888
FEP Finished Enclosed Porch 649
Total Square Footage 2537
Area Under Air 1888

Number of Units 1
Total Square Feet* 1960
Acres
Property Use Code 0510—COOPERATIVE
Zoning R-D(2)—HEAVY DENSITY RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Name PARK PLACE INC
Area 1960
Year Built 1961
No of Bedroom(s) 2
No of Bath(s) 2
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 PRESTRESSED CONCRETE
Roof Cover ROLLED COMPOSITION
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

Description Year Built Units
Finished Encl. Porch 1980 649

Property Land Details

No Land Details Available

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $3,355,272 $2,949,634 $2,950,374 $1,909,624 $1,601,115
Land Value $0 $0 $0 $0 $0
Total Market Value $3,355,272 $2,949,634 $2,950,374 $1,909,624 $1,601,115
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $3,355,272 $2,949,634 $2,950,374 $1,909,624 $1,601,115 $1,601,856 $1,359,086 $1,384,086 $1,375,000 $895,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $3,355,272 $2,949,634 $2,950,374 $1,909,624 $1,601,115 $1,601,856 $1,359,086 $1,384,086 $1,375,000 $895,000

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 $2,344,194 $2,131,085 $1,937,350 $1,761,227 $1,601,115
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $2,344,194 $2,131,085 $1,937,350 $1,761,227 $1,601,115
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $2,344,194 $2,131,085 $1,937,350 $1,761,227 $1,601,115 $1,494,995 $1,359,086 $1,384,086 $1,375,000 $741,841
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $50000
Taxable Value $2,344,194 $2,131,085 $1,937,350 $1,761,227 $1,601,115 $1,494,995 $1,359,086 $1,384,086 $1,375,000 $691,841

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $41,251 $36,858 $35,626 $28,258 $25,978
NON AD VALOREM $116 $107 $103 $100 $96
TOTAL TAX $41,367 $36,965 $35,729 $28,358 $26,074
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $41,251 $36,858 $35,626 $28,258 $25,978 $25,407 $22,802 $22,556 $22,903 $12,076
NON AD VALOREM $116 $107 $103 $100 $96 $95 $97 $98 $98 $97
TOTAL TAX $41,367 $36,965 $35,729 $28,358 $26,074 $25,502 $22,899 $22,654 $23,001 $12,173

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.