Property detail

Location Address 500 REGENTS PARK RD
Municipality PALM BEACH
Parcel Control Number 50-43-43-35-07-000-0030
Subdivision REGENTS PARK IN
Official Records Book/Page 31293 / 443
Sale Date 03/09/2020
Legal Description REGENTS PARK LT 3

Owner INFORMATION

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Owner(s) Mailing Address
MERRILL ROBERT A
500 REGENT PARK
PALM BEACH FL 33480 5011

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
03/09/2020 $7,500,000 31293 / 00443 WARRANTY DEED MERRILL ROBERT A
04/01/1994 $500,000 08286 / 01377 QUIT CLAIM LOUIS EDDY J
04/01/1985 $2,200,000 04527 / 01995 WARRANTY DEED
01/01/1973 $625,000 02153 / 01896
01/01/1972 $500,000 02037 / 01775 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 : 2021
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
MERRILL ROBERT A 2025 HOMESTEAD
MERRILL ROBERT A 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
SFB Semi Finished Base Area 480
BAS Base Area 5518
FOP Finished Open Porch 576
FOP Finished Open Porch 92
FGR Finished Garage 330
FGR Finished Garage 330
Total Square Footage 7326
Area Under Air 5998

Number of Units 1
Total Square Feet* 7326
Acres .49
Property Use Code 0100—SINGLE FAMILY
Zoning R-AA—LARGE ESTATE RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 1959
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 5
Half Baths 1
Exterior Wall 2 NONE
Roof Structure FLAT
Roof Cover BUILT-UP TAR/GRAVEL
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 N/A
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 1959 1
Wall 1959 420

Property Land Details

Land Line # Description Zoning Acres
2 RIGHT-OF-WAY R-AA 0.1346
1 INTRACOASTAL R-AA 0.3550

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $348,345 $14,561 $759,015 $691,774 $1,021,976
Land Value $17,397,300 $11,057,060 $11,231,260 $8,718,360 $5,093,336
Total Market Value $17,745,645 $11,071,621 $11,990,275 $9,410,134 $6,115,312
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $348,345 $14,561 $759,015 $691,774 $1,021,976 $1,596,744 $1,954,693 $1,500,997 $1,373,666 $1,373,573
Land Value $17,397,300 $11,057,060 $11,231,260 $8,718,360 $5,093,336 $4,520,000 $5,450,000 $4,915,893 $5,174,624 $5,174,624
Total Market Value $17,745,645 $11,071,621 $11,990,275 $9,410,134 $6,115,312 $6,116,744 $7,404,693 $6,416,890 $6,548,290 $6,548,197

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 $6,876,155 $6,682,366 $6,487,734 $6,298,771 $6,115,312
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $6,825,433 $6,632,366 $6,437,734 $6,248,771 $6,065,312
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $6,876,155 $6,682,366 $6,487,734 $6,298,771 $6,115,312 $3,274,617 $3,200,994 $3,141,309 $3,076,698 $3,013,416
Exemption Amount $50722 $50000 $50000 $50000 $50000 $50500 $50500 $50500 $50500 $50500
Taxable Value $6,825,433 $6,632,366 $6,437,734 $6,248,771 $6,065,312 $3,224,117 $3,150,494 $3,090,809 $3,026,198 $2,962,916

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $101,662 $98,784 $96,809 $96,988 $98,582
NON AD VALOREM $956 $943 $868 $864 $931
TOTAL TAX $102,618 $99,727 $97,677 $97,853 $99,513
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $101,662 $98,784 $96,809 $96,988 $98,582 $53,354 $53,036 $50,535 $50,576 $51,139
NON AD VALOREM $956 $943 $868 $864 $931 $916 $917 $924 $905 $170
TOTAL TAX $102,618 $99,727 $97,677 $97,853 $99,513 $54,270 $53,954 $51,459 $51,481 $51,309

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.