Property Detail
Location Address : 1105 N LAKE WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-03-13-000-0262
Subdivision : GREGORY ADD & REPL PB16P71 & PB18P10
Official Records Book/Page : 34181 / 722
Sale Date : 03/15/2023
Legal Description : GREGORY ADDITION LT 26 (LESS N 19 FT OF W 20 FT & N 30 FT OF E 60 FT) LT 28 (LESS N 19 FT) & LT 28-A
Owner Information
Owner(s) Mailing Address
FRANKLIN CAROL
FRANKLIN KENNETH &
1105 N LAKE WAY
PALM BEACH FL 33480 3210
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
03/15/2023 $10 34181 / 00722 QUIT CLAIM FRANKLIN KENNETH &
11/25/2013 $1,900,000 26475 / 00116 WARRANTY DEED FRANKLIN KENNETH
12/02/2011 $1,320,000 24883 / 00712 WARRANTY DEED ODEEN MARK
05/01/2007 $0 22014 / 00712 QUIT CLAIM DEMARCO FRANKLYN P
05/01/2007 $10 21681 / 01154 QUIT CLAIM DEMARCO FRANKLYN P
02/28/2007 $10 21458 / 01883 QUIT CLAIM DEMARCO FRANKLYN P
07/01/1983 $55,100 04039 / 01372 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
FRANKLIN KENNETH & 2026 ADDITIONAL HOMESTEAD
FRANKLIN KENNETH & 2026 HOMESTEAD
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 2869
Acres : .28
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 1970
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 CLAY/BERMUDA TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 N/A
Stories 1

Subarea and Square Footage for Building 1
Code Description square Footage
BAS Base Area 1925
FOP Finished Open Porch 36
FOP Finished Open Porch 151
FGR Finished Garage 505
FCB Finished Cabana 252
Total Square Footage 2869
Area Under Air 1925
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Pool - In-Ground 2016 1
Fountain 2016 1
Wall 1970 212

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.2793
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $292,632 $43,255 $37,980 $70,933 $53,351
Land Value $5,726,536 $5,773,257 $6,087,866 $4,771,201 $3,821,341
Total Market Value $6,019,168 $5,816,512 $6,125,846 $4,842,134 $3,874,692
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $5,270,598 $5,132,033 $4,987,398 $4,842,134 $2,672,710
Exemption Amount $51,411 $50,722 $50,000 $50,000 $0
Taxable Value $5,219,187 $5,081,311 $4,937,398 $4,792,134 $2,672,710
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $77,530 $75,717 $73,579 $72,104 $49,250
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $78,496 $76,670 $74,522 $72,972 $50,114
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov