| Field | Value |
|---|---|
| Location Address | 340 INLET WAY 1 |
| Municipality | PALM BEACH SHORES |
| Parcel Control Number | 54-43-42-34-18-000-0010 |
| Subdivision | LAKE DRIVE & INLET CORP ET AL 340 INLET WAY RIVIERA BEACH FL |
| Official Records Book/Page | 34980 / 1100 |
| Sale Date | 04/19/2024 |
| Legal Description | LAKE DRIVE & INLET CORP APT 1 |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
WELCH STEVEN T& WELCH SUSAN E |
340 INLET WAY
RIVIERA BEACH FL 33404 6217 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 04/19/2024 | $400,000 | 34980 / 01100 | PRIOR LEASE-COOP | WELCH STEVEN T& |
| 02/18/2024 | $0 | 34847 / 01441 | SUMMARY ORDER | DBW STILLWATERS TRUST |
| 03/01/1990 | $93,000 | 06375 / 01228 | PRIOR LEASE-COOP | WELCH DOROTHY |
| 01/01/1900 | $0 | 04787 / 01242 | 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.
No Exemption Information Available.
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| BAS Base Area | 659 |
| BAS Base Area | 84 |
| Total Square Footage | 743 |
| Area Under Air | 743 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 743 |
| Acres | |
| Property Use Code | 0510—COOPERATIVE |
| Zoning | C—MULTI-FAMILY (HOTELS/MOTELS) (54-PALM BEACH SHORES) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 1
| Field | Value |
|---|---|
| Name | LAKE DRIVE & INLET CORP |
| Area | 743 |
| Year Built | 1955 |
| No of Bedroom(s) | 1 |
| No of Bath(s) | 1 |
| 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 | CONCRETE TILE |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | CARPETING |
| Floor Type 2 | CERAMIC/QUARRY TILE |
| Stories | 1 |
Sketch
for Building 1
Property Extra Features
|
No Extra Feature Available |
Property Land Details
|
No Land Details Available |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $355,000 | $330,000 | $300,000 | $300,000 | $316,200 |
| Land Value | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $355,000 | $330,000 | $300,000 | $300,000 | $316,200 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $355,000 | $330,000 | $300,000 | $300,000 | $316,200 | $305,000 | $265,000 | $265,000 | $174,050 | $174,050 |
| Land Value | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $355,000 | $330,000 | $300,000 | $300,000 | $316,200 | $305,000 | $265,000 | $265,000 | $174,050 | $174,050 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $355,000 | $330,000 | $291,161 | $264,692 | $240,629 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $355,000 | $330,000 | $291,161 | $264,692 | $240,629 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $355,000 | $330,000 | $291,161 | $264,692 | $240,629 | $218,754 | $198,867 | $180,788 | $164,353 | $149,412 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $355,000 | $330,000 | $291,161 | $264,692 | $240,629 | $218,754 | $198,867 | $180,788 | $164,353 | $149,412 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $7,097 | $6,463 | $5,762 | $5,453 | $5,343 |
| NON AD VALOREM | $122 | $114 | $107 | $103 | $100 |
| TOTAL TAX | $7,219 | $6,577 | $5,869 | $5,556 | $5,443 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $7,097 | $6,463 | $5,762 | $5,453 | $5,343 | $5,119 | $4,612 | $4,413 | $3,368 | $3,214 |
| NON AD VALOREM | $122 | $114 | $107 | $103 | $100 | $96 | $95 | $97 | $98 | $98 |
| TOTAL TAX | $7,219 | $6,577 | $5,869 | $5,556 | $5,443 | $5,215 | $4,707 | $4,510 | $3,466 | $3,312 |
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.