Property detail

Field Value
Location Address 48 LAKE DR
Municipality PALM BEACH SHORES
Parcel Control Number 54-43-42-27-04-000-5620
Subdivision PALM BEACH SHORES IN PB 23 PGS 29 TO 32 INC
Official Records Book/Page 29997 / 1627
Sale Date 07/10/2018
Legal Description PALM BEACH SHORES LT 562

Owner INFORMATION

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Owner(s) Mailing Address Actions
MARCUS ARNOLD &
MARCUS BONNIE
48 LAKE DR
PALM BEACH SHORES FL 33404 6218

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
07/10/2018 $2,650,000 29997 / 01627 DEED OF TRUST MARCUS ARNOLD &
04/01/1996 $100 09219 / 01712 QUIT CLAIM SEIBERT FRANK W
02/01/1982 $100 03683 / 00816 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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  • Save Our Homes (SOH) Base Year : 2023
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
MARCUS ARNOLD & 2026 HOMESTEAD
MARCUS ARNOLD & 2026 ADDITIONAL HOMESTEAD
MARCUS BONNIE 2026 HOMESTEAD
MARCUS BONNIE 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 3139
BLC Balcony 605
FGR Finished Garage 605
BLC Balcony 119
BLC Balcony 119
BLC Balcony 765
FUS Finished Upper Story 2761
NVA No Value Area 180
FOP Finished Open Porch 42
FOP Finished Open Porch 40
Total Square Footage 8375
Area Under Air 5900

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 8375
Acres .37
Property Use Code 0100—SINGLE FAMILY
Zoning A—SINGLE FAMILY RESIDENTIAL (54-PALM BEACH SHORES)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 2022
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel GAS
Bed Rooms 3
Full Baths 5
Half Baths 2
Roof Structure STEEL FRAME OR TRUSS
Roof Cover MOD. METAL
Interior Wall 1 DRYWALL
Floor Type 1 CERAMIC/QUARRY TILE
Stories 3

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Fountain 2022 1
Pool - In-Ground 2022 1
Wall 2022 2600
Boat Lift 2022 1
Elevator 2022 1
Reflection Pond 2022 36
Boat Dock 2022 600

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL A 0.3702

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $3,166,248 $2,754,362 $2,824,897 $2,832,686 $0
Land Value $4,400,000 $4,250,000 $3,850,000 $3,493,930 $2,887,500
Total Market Value $7,566,248 $7,004,362 $6,674,897 $6,326,616 $2,887,500
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $3,166,248 $2,754,362 $2,824,897 $2,832,686 $0 $0 $0 $31,779 $29,655 $29,701
Land Value $4,400,000 $4,250,000 $3,850,000 $3,493,930 $2,887,500 $2,100,000 $1,890,000 $1,875,000 $1,454,256 $1,322,051
Total Market Value $7,566,248 $7,004,362 $6,674,897 $6,326,616 $2,887,500 $2,100,000 $1,890,000 $1,906,779 $1,483,911 $1,351,752

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $6,912,628 $6,730,894 $6,541,199 $6,326,616 $2,286,900
Exemption Amount $51,411 $50,722 $50,000 $50,000 $0
Taxable Value $6,861,217 $6,680,172 $6,491,199 $6,276,616 $2,286,900
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $6,912,628 $6,730,894 $6,541,199 $6,326,616 $2,286,900 $2,079,000 $1,890,000 $1,906,779 $672,174 $658,349
Exemption Amount $51411 $50722 $50000 $50000 $0 $0 $0 $0 $50000 $50000
Taxable Value $6,861,217 $6,680,172 $6,491,199 $6,276,616 $2,286,900 $2,079,000 $1,890,000 $1,906,779 $622,174 $608,349

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $137,322 $131,001 $127,368 $124,065 $50,017
NON AD VALOREM $217 $205 $194 $188 $0
TOTAL TAX $137,539 $131,206 $127,562 $124,253 $50,017
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $137,322 $131,001 $127,368 $124,065 $50,017 $43,159 $39,425 $40,186 $12,671 $12,575
NON AD VALOREM $217 $205 $194 $188 $0 $0 $0 $175 $175 $172
TOTAL TAX $137,539 $131,206 $127,562 $124,253 $50,017 $43,159 $39,425 $40,361 $12,846 $12,747

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.