Property Detail
Location Address : 1306 N LAKE WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-42-34-10-000-0180
Subdivision : EDEN VILLA IN
Official Records Book/Page : 12218 / 1236
Sale Date : 12/13/2000
Legal Description : EDEN VILLA LT 18 W OF LAKE WAY
Owner Information
Owner(s) Mailing Address
READ JAMES A &
READ PATRICIA Q
MML CAPITAL PARTNERS C/O 46 SOUTHFIELD AVE STE 330
STAMFORD CT 06902 7236
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
12/13/2000 $5,225,000 12218 / 01236 WARRANTY DEED READ JAMES A &
05/01/1995 $1,500,000 08769 / 00552 WARRANTY DEED
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 8178
Acres : .66
Property Use Code : 0100—SINGLE FAMILY
Zoning : R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)
Building Details

Structural Details

Structural Element for Building 1
Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 1996
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 0
Full Baths 6
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CONCRETE 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
BAS Base Area 3780
FGR Finished Garage 748
FOP Finished Open Porch 299
UOP Unfinished Open Porch 299
FUS Finished Upper Story 2664
NVA No Value Area 132
FOP Finished Open Porch 128
FOP Finished Open Porch 128
Total Square Footage 8178
Area Under Air 6444
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Pool - In-Ground 1996 1
Wall 1996 2307
Boat Dock 1996 1590

Property Land Details

Land Line # Description Zoning Acres
2 INTRACOASTAL WATERWAY STRIP R-B 0.1006
3 RIGHT-OF-WAY R-B 0.0281
1 INTRACOASTAL R-B 0.5279
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $1,797,935 $1,377,887 $986,291 $1,705,631 $775,312
Land Value $28,745,600 $27,595,800 $25,296,200 $20,130,820 $17,648,800
Total Market Value $30,543,535 $28,973,687 $26,282,491 $21,836,451 $18,424,112
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $18,919,911 $17,199,919 $15,636,290 $14,214,809 $12,922,554
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $18,919,911 $17,199,919 $15,636,290 $14,214,809 $12,922,554
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $353,528 $330,168 $299,738 $262,614 $236,101
NON AD VALOREM $1,965 $1,952 $1,941 $1,775 $1,771
TOTAL TAX $355,492 $332,120 $301,679 $264,390 $237,872
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov