Property Detail
Location Address : 505 S ATLANTIC DR
Municipality : LANTANA
Parcel Control Number : 40-43-45-03-01-000-0450
Subdivision : HYPOLUXO ISLAND ADD IN
Official Records Book/Page : 31802 / 1029
Sale Date : 09/30/2020
Legal Description : HYPOLUXO ISLAND ADD LTS 45 & 46 & ELY 45.75 FT OF NE 1/4 LYG W OF & ADJ TO IN OR10486P215
Owner Information
Owner(s) Mailing Address
KREISBERG AMIE
KREISBERG LOUIS &
 505 S ATLANTIC DR
LAKE WORTH FL 33462 1945
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
09/30/2020 $3,300,000 31802 / 01029 DEED OF TRUST KREISBERG LOUIS &
09/30/2020 $10 31802 / 01025 WARRANTY DEED ARSALI FAMILY TRUST
05/27/2020 $0 31458 / 00407 WARRANTY DEED ARSALI FAMILY TRUST
04/04/2013 $100 25924 / 00943 WARRANTY DEED ARSALI AFSOON &
04/20/2012 $1,125,300 25156 / 01516 CERT OF TITLE LIBERTY TRUST LLC
04/01/1998 $100 10486 / 00215 WARRANTY DEED CIMOCHOWSKI GEORGE E &
04/01/1998 $525,000 10486 / 00214 WARRANTY DEED
01/15/1998 $100 10187 / 00194 QUIT CLAIM CIMOCHOWSKI GEORGE E
01/09/1998 $1,300,000 10187 / 00192 WARRANTY DEED CIMOCHOWSKI GEORGE E
08/01/1997 $965,000 09944 / 01526 WARRANTY DEED
07/01/1994 $1,200,000 08358 / 01233 WARRANTY DEED
11/01/1992 $425,000 07496 / 01463 WARRANTY DEED
05/01/1990 $330,000 06478 / 00525 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
KREISBERG LOUIS & 2026 HOMESTEAD
KREISBERG LOUIS & 2026 ADDITIONAL HOMESTEAD
KREISBERG AMIE 2026 HOMESTEAD
KREISBERG AMIE 2026 ADDITIONAL HOMESTEAD
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 5690
Acres : .64
Property Use Code : 0100—SINGLE FAMILY
Zoning : R1A—SINGLE FAMILY RESIDENTIAL (40-LANTANA)
Building Details

Structural Details

Structural Element for Building 1
Bldg Type EXC-RESIDENT
Exterior Wall 1 WSF: STUCCO
Year Built 1994
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 0
Full Baths 4
Half Baths 0
Exterior Wall 2 MSY: CB STUCCO
Roof Structure GABLE/HIP
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 MARBLE
Stories 2
Subarea and Square Footage for Building 1
Code Description square Footage
FOP Finished Open Porch 195
FUS Finished Upper Story 1020
FOP Finished Open Porch 92
FGR Finished Garage 754
BAS Base Area 3336
BAS Base Area 293
Total Square Footage 5690
Area Under Air 4649
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Boat Dock 1994 1025
Spa 1994 1
Gazebo 1994 289
Pool - In-Ground 1994 1

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL R1A 0.6374
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $614,771 $398,660 $635,682 $621,915 $1,046,494
Land Value $3,932,890 $4,448,433 $4,326,300 $5,445,000 $4,125,000
Total Market Value $4,547,661 $4,847,093 $4,961,982 $6,066,915 $5,171,494
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $4,016,547 $3,910,951 $3,800,730 $3,690,029 $3,582,552
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $3,965,136 $3,860,229 $3,750,730 $3,640,029 $3,532,552
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $77,169 $75,306 $73,175 $71,541 $70,849
NON AD VALOREM $987 $938 $921 $517 $557
TOTAL TAX $78,157 $76,244 $74,096 $72,059 $71,407
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov