Property Detail
Location Address : 1127 N LAKE WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-03-12-000-0550
Subdivision : PALM BEACH SHORES REV PL IN
Official Records Book/Page : 03265 / 1221
Sale Date : 01/01/1980
Legal Description : PALM BEACH SHORES-PALM BEACH LT 55
Owner Information
Owner(s) Mailing Address
BURKE VIRGINIA S
 1127 N LAKE WAY
PALM BEACH FL 33480 3248
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
01/01/1980 $595,000 03265 / 01221 WARRANTY DEED BURKE VIRGINIA S
01/01/1978 $250,000 02819 / 00039
01/01/1967 $80,000 01514 / 00521 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
BURKE VIRGINIA S 2026 HOMESTEAD
BURKE VIRGINIA S 2026 ADDITIONAL HOMESTEAD
Property Information
Total Number of Units Per Parcel : 2
*Total Square Feet : 5335
Acres : .54
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 MSY: CB STUCCO
Year Built 1940
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 3
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 WOOD PANEL OR CUSTOM
Floor Type 1 CERAMIC/QUARRY TILE
Floor Type 2 MARBLE
Stories 1
Subarea and Square Footage for Building 1
Code Description square Footage
BAS Base Area 153
BAS Base Area 153
FEP Finished Enclosed Porch 572
FOP Finished Open Porch 312
BAS Base Area 2995
BAS Base Area 45
SFB Semi Finished Base Area 118
Total Square Footage 4348
Area Under Air 3464
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Pool - In-Ground 1981 1
Wall 1981 265
Fountain 1981 1

Property Land Details

Land Line # Description Zoning Acres
2 INTRACOASTAL WATERWAY STRIP R-B 0.0459
1 INTRACOASTAL R-B 0.4899
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $180,754 $166,745 $166,210 $166,210 $6,800
Land Value $26,672,800 $25,605,900 $23,472,100 $19,309,810 $16,902,400
Total Market Value $26,853,554 $25,772,645 $23,638,310 $19,476,020 $16,909,200
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $2,912,076 $2,835,517 $2,755,604 $2,675,344 $2,597,421
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $2,860,665 $2,784,795 $2,705,604 $2,625,344 $2,547,421
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $42,570 $41,570 $40,391 $39,575 $39,636
NON AD VALOREM $1,715 $1,703 $1,691 $1,549 $1,545
TOTAL TAX $44,285 $43,272 $42,083 $41,123 $41,180
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov