Property detail

Location Address 500 S AUSTRALIAN AVE
Municipality WEST PALM BEACH
Parcel Control Number 74-43-43-21-12-000-0010
Subdivision CLEARWATER PARK
Official Records Book/Page 34037 / 364
Sale Date 12/22/2022
Legal Description CLEARWATER PARK LTS 1, 2 & 3

Owner INFORMATION

+ -
Owner(s) Mailing Address
CSPB AUSTRALIAN LLC
1501 BROADWAY FL 17
NEW YORK NY 10036 5601

Sales INFORMATION

+ -
Sales Date Price OR Book/Page Sale Type Owner
12/22/2022 $35,875,000 34037 / 00364 WARRANTY DEED CSPB AUSTRALIAN LLC
12/06/2001 $12,800,000 13164 / 01766 WARRANTY DEED CLEAR T LLC &
01/01/1995 $6,590,000 08596 / 01416 WARRANTY DEED
03/01/1994 $3,233,800 08240 / 01950 WARRANTY DEED
05/01/1988 $10,131,300 05670 / 00136 CERT OF TITLE
03/01/1984 $100 04183 / 00006 WARRANTY DEED
06/01/1980 $333,500 03358 / 01840 AGREEMENT 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

+ -

No Exemption Information Available.

Property INFORMATION

+ -

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
OFFICES 53770
OFFICES 31293
OFFICES 9306
LOBBY 584
OFFICES 9760
Total Square Footage 104713

Number of Units 0
Total Square Feet* 198227
Acres 1.38
Property Use Code 1800—OFFICE BLDG- NON MEDICAL 4 STORIES & UP
Zoning DPD—DOWNTOWN PLANNED DEV' (74-WEST PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Year Built 1985
OFFICE H-R 5ST 104713

Print Building 1 Details

 

Sketch
for Building 1

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
PARKING GARAGE 23641
PARKING GARAGE 23641
PARKING GARAGE 46232
UPPER PARKING GARAGE LEVEL 0
Total Square Footage 93514

Number of Units 0
Total Square Feet* 198227
Acres 1.38
Property Use Code 1800—OFFICE BLDG- NON MEDICAL 4 STORIES & UP
Zoning DPD—DOWNTOWN PLANNED DEV' (74-WEST PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 2

Year Built 1985
PARKING GARAGE/DECK 93514

Print Building 2 Details

 

Sketch
for Building 2

Property Extra Features

Description Year Built Units
Paving- Asphalt 1985 4655
Paving- Asphalt 1985 625

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL DPD 1.3770

Appraisals

+ -
Tax Year 2025 2024 2023 2022 2021
Improvement Value $21,204,120 $22,301,376 $0 $16,408,426 $13,747,335
Land Value $4,723,425 $4,498,500 $0 $2,699,100 $1,430,523
Total Market Value $25,927,545 $26,799,876 $24,860,000 $19,107,526 $15,177,858
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $21,204,120 $22,301,376 $0 $16,408,426 $13,747,335 $12,875,592 $13,093,868 $13,214,260 $13,141,502 $12,020,155
Land Value $4,723,425 $4,498,500 $0 $2,699,100 $1,430,523 $1,430,523 $1,362,146 $1,322,559 $1,259,580 $1,199,600
Total Market Value $25,927,545 $26,799,876 $24,860,000 $19,107,526 $15,177,858 $14,306,115 $14,456,014 $14,536,819 $14,401,082 $13,219,755

All values are as of January 1st each year

Assessed & taxable values

+ -
Tax Year 2025 2024 2023 2022 2021
Assessed Value $25,927,545 $26,799,876 $24,860,000 $16,695,644 $15,177,858
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $25,927,545 $26,799,876 $24,860,000 $16,695,644 $15,177,858
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $25,927,545 $26,799,876 $24,860,000 $16,695,644 $15,177,858 $14,306,115 $14,456,014 $14,536,819 $14,401,082 $13,219,755
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $25,927,545 $26,799,876 $24,860,000 $16,695,644 $15,177,858 $14,306,115 $14,456,014 $14,536,819 $14,401,082 $13,219,755

Taxes

+ -
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $555,285 $574,147 $536,285 $384,022 $345,248
NON AD VALOREM $37,705 $35,715 $34,982 $33,935 $32,888
TOTAL TAX $592,990 $609,862 $571,267 $417,957 $378,135
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $555,285 $574,147 $536,285 $384,022 $345,248 $328,616 $335,033 $329,067 $330,472 $309,661
NON AD VALOREM $37,705 $35,715 $34,982 $33,935 $32,888 $32,364 $33,097 $28,782 $25,229 $24,600
TOTAL TAX $592,990 $609,862 $571,267 $417,957 $378,135 $360,980 $368,130 $357,849 $355,700 $334,261

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.