Property detail

Location Address 369 S LAKE DR 5H
Municipality PALM BEACH
Parcel Control Number 50-43-43-27-67-000-5080
Subdivision PARK PLACE INC 369 S LAKE DR PALM BEACH FL
Official Records Book/Page 33468 / 541
Sale Date 03/30/2022
Legal Description PARK PLACE INC APT 5-H

Owner INFORMATION

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Owner(s) Mailing Address
PETRILLO FELIX &
PETRILLO LAURA
69 MUCHMORE RD
HARRISON NY 10528 1109

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
03/30/2022 $2,550,000 33468 / 00541 PRIOR LEASE-COOP PETRILLO FELIX &
06/29/2021 $1,400,000 32721 / 01258 PRIOR LEASE-COOP NECKLES PETER J &
12/01/1996 $170,000 09583 / 01362 PRIOR LEASE-COOP
12/01/1996 $170,000 09583 / 00136 PRIOR LEASE-COOP
10/01/1991 $100 07026 / 00880 PRIOR LEASE-COOP
06/01/1977 $170,000 02686 / 00466 LIFE ESTATE

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

No Data Found.


Number of Units 1
Total Square Feet* 1460
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 PARK PLACE INC
Area 1460
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

No Extra Feature Available

Property Land Details

No Land Details Available

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $2,580,000 $2,166,800 $2,166,800 $1,326,450 $1,110,000
Land Value $0 $0 $0 $0 $0
Total Market Value $2,580,000 $2,166,800 $2,166,800 $1,326,450 $1,110,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $2,580,000 $2,166,800 $2,166,800 $1,326,450 $1,110,000 $1,110,000 $1,020,000 $1,020,000 $1,020,000 $715,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $2,580,000 $2,166,800 $2,166,800 $1,326,450 $1,110,000 $1,110,000 $1,020,000 $1,020,000 $1,020,000 $715,000

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 $2,383,480 $2,166,800 $2,166,800 $1,326,450 $219,023
Exemption Amount $0 $0 $0 $0 $50,500
Taxable Value $2,383,480 $2,166,800 $2,166,800 $1,326,450 $168,523
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $2,383,480 $2,166,800 $2,166,800 $1,326,450 $219,023 $215,999 $211,143 $207,206 $202,944 $198,770
Exemption Amount $0 $0 $0 $0 $50500 $50500 $50500 $50500 $50500 $50500
Taxable Value $2,383,480 $2,166,800 $2,166,800 $1,326,450 $168,523 $165,499 $160,643 $156,706 $152,444 $148,270

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $36,686 $32,221 $32,529 $20,553 $2,906
NON AD VALOREM $371 $362 $334 $331 $352
TOTAL TAX $37,057 $32,583 $32,864 $20,885 $3,258
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $36,686 $32,221 $32,529 $20,553 $2,906 $2,905 $2,874 $2,718 $2,708 $2,727
NON AD VALOREM $371 $362 $334 $331 $352 $348 $349 $353 $347 $97
TOTAL TAX $37,057 $32,583 $32,864 $20,885 $3,258 $3,253 $3,224 $3,071 $3,056 $2,824

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.