Property detail

Field Value
Location Address 515 N FLAGLER DR
Municipality WEST PALM BEACH
Parcel Control Number 74-43-43-22-12-003-0010
Subdivision RAILWAY ADD TO WPB IN
Official Records Book/Page 30720 / 1804
Sale Date 06/10/2019
Legal Description RAILWAY ADD TO WPB LTS 1 THRU 3 BLK 3 & W 1/2 OF 40 FT ABND FLAGLER DRIVE COURT LYG E OF & ADJ TO

Owner INFORMATION

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Owner(s) Mailing Address Actions
NORTHBRIDGE PROPERTY OWNER LLC
CIII CAPITAL PARTNERS LLC C/O 5221 N O CONNOR BLVD STE 800
IRVING TX 75039 3756

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/10/2019 $98,000,000 30720 / 01804 WARRANTY DEED NORTHBRIDGE PROPERTY OWNER LLC
03/01/2016 $68,240,000 28149 / 01574 WARRANTY DEED 515 N FLAGLER DRIVE OWNER LLC
06/01/1993 $24,000,000 07755 / 01642 WARRANTY DEED GAEDEKE HOLDINGS LTD
04/01/1992 $10,000 07210 / 00871 CERT OF TITLE
07/01/1989 $29,916,800 06143 / 01586 WARRANTY DEED
12/01/1984 $100 04420 / 01254 QUIT CLAIM
04/01/1981 $595,000 03505 / 00931 WARRANTY DEED
01/01/1979 $300,000 03068 / 01291
01/01/1976 $150,000 02548 / 00289 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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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
OFFICES 12752
OFFICES 2688
OFFICES 7992
LOBBY 3590
OFFICES 7246
OFFICES 11912
OFFICES 861
PARKING LEVEL FLOORS 0
Total Square Footage 47041

Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 292001
Acres 1.15
Property Use Code 1800—OFFICE BLDG- NON MEDICAL 4 STORIES & UP
Zoning DPD—DOWNTOWN PLANNED DEVELOPMENT (74-WEST PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Year Built 1985
OFFICE H-R 5ST 47041

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Sketch
for Building 1

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
OFFICES 7686
UNFINISHED OFFICE BASE 2508
OFFICES 10622
OFFICES 3121
OFFICES 180360
OFFICES 11015
OFFICES 8203
OFFICES 12024
OFFICES 1664
PARKING LEVEL FLOORS 0
OFFICES 7757
Total Square Footage 244960

Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 292001
Acres 1.15
Property Use Code 1800—OFFICE BLDG- NON MEDICAL 4 STORIES & UP
Zoning DPD—DOWNTOWN PLANNED DEVELOPMENT (74-WEST PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 2

Field Value
Year Built 1985
OFFICE H-R 5ST 244960

Print Building 2 Details

 

Sketch
for Building 2

Property Extra Features

Description Year Built Units
Paving- Asphalt 1985 2850
Wall 1985 1220
Patio 1985 10048
Commercial Fountain 1985 1
Commercial Fountain 1985 1
Paving- Asphalt 1985 3888
Patio 1985 4124

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL DPD 1.1482

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $82,258,982 $0 $0 $73,068,522 $64,218,141
Land Value $7,877,205 $0 $0 $4,001,120 $3,347,937
Total Market Value $90,136,187 $78,000,000 $75,200,000 $77,069,642 $67,566,078
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $82,258,982 $0 $0 $73,068,522 $64,218,141 $58,497,419 $51,165,259 $9,347,980 $9,308,194 $8,631,506
Land Value $7,877,205 $0 $0 $4,001,120 $3,347,937 $3,347,937 $3,188,393 $1,127,150 $1,073,510 $1,022,348
Total Market Value $90,136,187 $78,000,000 $75,200,000 $77,069,642 $67,566,078 $61,845,356 $54,353,652 $10,475,130 $10,174,100 $9,653,854

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 2024 2023 2022 2021
Assessed Value $85,800,000 $78,000,000 $75,200,000 $74,322,686 $67,566,078
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $85,800,000 $78,000,000 $75,200,000 $74,322,686 $67,566,078
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $85,800,000 $78,000,000 $75,200,000 $74,322,686 $67,566,078 $61,845,356 $54,353,652 $10,475,130 $10,174,100 $7,260,000
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $85,800,000 $78,000,000 $75,200,000 $74,322,686 $67,566,078 $61,845,356 $54,353,652 $10,475,130 $10,174,100 $7,260,000

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $1,864,970 $1,671,033 $1,622,229 $1,657,436 $1,536,912
NON AD VALOREM $100,448 $94,900 $92,856 $89,936 $87,016
TOTAL TAX $1,965,419 $1,765,933 $1,715,086 $1,747,372 $1,623,928
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $1,864,970 $1,671,033 $1,622,229 $1,657,436 $1,536,912 $1,420,606 $1,259,700 $237,123 $233,472 $186,984
NON AD VALOREM $100,448 $94,900 $92,856 $89,936 $87,016 $85,556 $62,369 $11,264 $10,067 $9,810
TOTAL TAX $1,965,419 $1,765,933 $1,715,086 $1,747,372 $1,623,928 $1,506,163 $1,322,070 $248,388 $243,539 $196,794

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.