Property Detail
Location Address : 1555 DR MARTIN LUTHER KING JR BLVD I101
Municipality : RIVIERA BEACH
Parcel Control Number : 56-43-42-32-06-000-0090
Subdivision : TAYLORS WM SUB IN
Official Records Book/Page : 30990 / 139
Sale Date : 10/25/2019
Legal Description : TAYLORS WM SUB TR 9 LYG S OF & ADJ TO DR MARTIN LUTHER KING BLVD R/W (LESS W 10 FT SAM COOPER WAY R/W)
Owner Information
Owner(s) Mailing Address
AZURE ESTATES FL TC LP
127 PUBLIC SQ
CLEVELAND OH 44114 1309
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
10/25/2019 $36,000,000 30990 / 00139 WARRANTY DEED AZURE ESTATES FL TC LP
01/03/2019 $16,300,000 30357 / 00168 WARRANTY DEED STONYBROOK FL LLC
04/16/2012 $12,200,000 25152 / 00636 WARRANTY DEED GMF STONYBROOK LLC
12/12/2003 $5,116,000 16317 / 00599 WARRANTY DEED STONYBROOK APARTMENTS LLC
01/01/1975 $2,977,800 02473 / 00020 STONYBROOK APTS ASSOC LTD
01/01/1974 $100 02304 / 00409 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
2025
Property Information
Number of Units : 216
*Total Square Feet : 168038
Acres : 9.34
Property Use Code : 0300—MULTIFAMILY 10 UNITS OR MORE
Zoning : RM-20—HIGH DENSITY MULTI-FAMILY (56-RIVIERA BEACH)
Building Details

Structural Details

Structural Element for Building 1
Year Built 1972
APARTMENTS LOW RISE 12214

Subarea and Square Footage for Building 1
Code Description square Footage
APARTMENT 6107
APARTMENT 6107
Total Square Footage 12214
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Walkway-Concrete 2022 4925
Fence- Chain Link 6ft #11 Gaug 2009 250
Paving- Asphalt 1972 96411

Property Land Details

Land Line # Description Zoning Acres
1 MULTI FAMILY RM-20 9.3360
Appraisals
Tax Year 2024 2023 2022 2021 2020
Improvement Value $19,438,793 $19,742,544 $17,938,416 $10,724,380 $9,516,710
Land Value $5,400,000 $4,989,600 $4,752,000 $4,082,400 $4,082,400
Total Market Value $24,838,793 $24,732,144 $22,690,416 $14,806,780 $13,599,110
Assessed and Taxable Values
Tax Year 2024 2023 2022 2021 2020
Assessed Value $20,077,391 $18,252,174 $16,287,458 $14,806,780 $13,599,110
Exemption Amount $20,077,391 $0 $0 $0 $0
Taxable Value $0 $18,252,174 $16,287,458 $14,806,780 $13,599,110
Taxes
Tax Year 2024 2023 2022 2021 2020
AD VALOREM $0 $420,603 $386,252 $322,499 $298,496
NON AD VALOREM $23,817 $22,248 $21,600 $20,736 $20,520
TOTAL TAX $23,817 $442,851 $407,852 $343,235 $319,016
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov