Property Detail
Location Address : 1231 N LAKE WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-03-04-000-0060
Subdivision : FIRST ADD TO PALM BEACH
Official Records Book/Page : 03971 / 1244
Sale Date : 05/01/1983
Legal Description : FIRST ADD OF PALM BEACH W 300.39 FT OF LT 10 LYG E OF & ADJ TO LAKE WAY R/W
Owner Information
Owner(s) Mailing Address
DENNIS MICHAEL T
1231 N LAKE WAY
PALM BEACH FL 33480 3110
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
05/01/1983 $395,000 03971 / 01244 REP DEED DENNIS MICHAEL T
Exemption Information
Applicant/Owner(s) Year Detail
DENNIS MICHAEL T 2026 HOMESTEAD
DENNIS MICHAEL T 2026 ADDITIONAL HOMESTEAD
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 5538
Acres : .69
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-RESIDENT
Exterior Wall 1 WSF: BRICK
Year Built 1936
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 3
Half Baths 0
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 PLYWOOD PNL.
Interior Wall 2 DRYWALL
Floor Type 1 VINYL ASBESTOS
Floor Type 2 TERAZZO MONOLITHIC
Stories 2

Subarea and Square Footage for Building 1
Code Description square Footage
FOP Finished Open Porch 20
FGR Finished Garage 425
BAS Base Area 2312
FUS Finished Upper Story 1190
SFB Semi Finished Base Area 255
Total Square Footage 4202
Area Under Air 3757
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Pool - In-Ground 1936 1
Utility Building 1936 144
Wall 1936 1870
Patio 2008 288
Building 1936 136

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.6922
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $434,495 $442,454 $394,282 $1,264,660 $615,643
Land Value $12,297,760 $11,983,700 $13,411,165 $12,842,613 $11,208,200
Total Market Value $12,732,255 $12,426,154 $13,805,447 $14,107,273 $11,823,843
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $1,357,202 $1,321,521 $1,284,277 $1,246,871 $1,210,554
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $1,305,791 $1,270,799 $1,234,277 $1,196,871 $1,160,554
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $19,522 $19,058 $18,512 $18,130 $18,146
NON AD VALOREM $2,182 $2,157 $2,135 $1,963 $1,955
TOTAL TAX $21,704 $21,215 $20,647 $20,093 $20,101
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov