Property Detail
Location Address : 5345 PALM WAY
Municipality : UNINCORPORATED
Parcel Control Number : 00-42-45-11-01-000-0910
Subdivision : BILTMORE TERRACE 1ST ADD UNREC ON AM-4
Official Records Book/Page : 14076 / 437
Sale Date : 08/16/2002
Legal Description : BILTMORE TERRACE 1ST ADD UNREC, LT 91
Owner Information
Owner(s) Mailing Address
GIBB LLOYD P
5345 PALM WAY
LAKE WORTH FL 33463 8024
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
08/16/2002 $10 14076 / 00437 QUIT CLAIM GIBB LLOYD P
07/01/1988 $115,000 05745 / 00046 WARRANTY DEED
01/01/1978 $48,000 02948 / 01963
01/01/1976 $8,000 02562 / 01011 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
GIBB LLOYD P 2026 HOMESTEAD
GIBB LLOYD P 2026 ADDITIONAL HOMESTEAD
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 4146
Acres : .53
Property Use Code : 0100—SINGLE FAMILY
Zoning : AR—AGRICULTURAL RESIDENTIAL (00-UNINCORPORATED)
Building Details

Structural Details

Structural Element for Building 1
Bldg Type SFR
Exterior Wall 1 MSY: CB STUCCO
Year Built 1979
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 0
Full Baths 3
Half Baths 0
Exterior Wall 2 NONE
Roof Structure MANSARD
Roof Cover ASPHALT/COMPOSITION
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 N/A
Stories 2

Subarea and Square Footage for Building 1
Code Description square Footage
UCP Unfinished Carport 350
BAS Base Area 1278
UDG Unfinished Det. Garage 851
UDC Unfinished Det. Carport 425
FUS Finished Upper Story 954
FSP Finished Screened Porch 288
Total Square Footage 4146
Area Under Air 2232
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Screen Enclosure 1979 330
Patio 1979 300
Patio Roof 1979 300

Property Land Details

Land Line # Description Zoning Acres
1 SFR AR 0.5335
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $289,285 $291,499 $235,438 $320,029 $176,322
Land Value $256,756 $242,223 $218,001 $138,482 $162,244
Total Market Value $546,041 $533,722 $453,439 $458,511 $338,566
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $227,568 $221,155 $214,714 $208,460 $202,388
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $176,846 $171,155 $164,714 $158,460 $152,388
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $3,039 $2,944 $2,866 $2,831 $2,819
NON AD VALOREM $462 $447 $432 $428 $689
TOTAL TAX $3,501 $3,390 $3,297 $3,259 $3,507
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov