Property Detail
Location Address : 970 N LAKE WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-10-00-001-0010
Subdivision :
Official Records Book/Page : 07018 / 0031
Sale Date : 11/01/1991
Legal Description : 10-43-43, SUB A & N 80 FT OF SUB B OF GOV LT 1 LYG W OF LAKE WAY
Owner Information
Owner(s) Mailing Address
FALCIONE AUGUSTINE F &
FALCIONE DOMENICA L
 970 N LAKE WAY
PALM BEACH FL 33480 3323
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
11/01/1991 $5,000,000 07018 / 00031 WARRANTY DEED FALCIONE A F &
11/01/1991 $100 07018 / 00004 QUIT CLAIM
06/01/1985 $100 04577 / 00989 REP DEED
Exemption Information
Applicant/Owner(s) Year Detail
FALCIONE AUGUSTINE F & 2026 HOMESTEAD
FALCIONE AUGUSTINE F & 2026 ADDITIONAL HOMESTEAD
FALCIONE DOMENICA L 2026 HOMESTEAD
FALCIONE DOMENICA L 2026 ADDITIONAL HOMESTEAD
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 11105
Acres : 1.40
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: CONC. BLOCK
Year Built 1963
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 0
Full Baths 8
Half Baths 1
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 MARBLE
Stories 1
Subarea and Square Footage for Building 1
Code Description square Footage
FGR Finished Garage 576
FST Finished Storage 100
BAS Base Area 140
BAS Base Area 200
BAS Base Area 9874
UOP Unfinished Open Porch 75
FST Finished Storage 140
Total Square Footage 11105
Area Under Air 10214
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Pool - In-Ground 1963 1
Reflection Pond 1996 1
Wall 1963 1400
Utility Building 1963 1
Boat Dock 1963 1200

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL R-B 1.2332
2 INTRACOASTAL WATERWAY STRIP R-B 0.0804
3 RIGHT-OF-WAY R-B 0.0833
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $3,006,129 $2,233,267 $2,032,915 $3,700,691 $3,581,088
Land Value $56,746,800 $51,359,600 $45,051,900 $35,338,210 $31,473,700
Total Market Value $59,752,929 $53,592,867 $47,084,815 $39,038,901 $35,054,788
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $16,423,979 $15,992,190 $15,541,487 $15,088,822 $14,649,342
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $16,372,568 $15,941,468 $15,491,487 $15,038,822 $14,599,342
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $242,857 $237,196 $230,522 $225,933 $226,381
NON AD VALOREM $3,713 $3,699 $3,688 $3,363 $3,359
TOTAL TAX $246,569 $240,896 $234,210 $229,296 $229,740
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov