Property Detail

Location Address :	242 TANGIER AVE
Municipality :	PALM BEACH
Parcel Control Number :	50-43-43-14-01-000-0242
Subdivision :	TANGIER ESTATES IN
Official Records Book/Page :	36323 / 415
Sale Date :	02/17/2026
Legal Description :	TANGIER ESTATES E 80 FT OF LT 24

Owner Information

Owner(s)	Mailing Address
FORNES MANAGEMENT TRUST FORNES DONALD TR FORNES LAUREN TR	242 TANGIER AVE PALM BEACH FL 33480 3516

Sales Information

Sales Date	Price	OR Book/Page	Sale Type	Owner
02/17/2026	$15,370,000	36323 / 00415	WARRANTY DEED	FORNES MANAGEMENT TRUST
06/13/2016	$7,900,000	28368 / 00562	WARRANTY DEED	FRIST JULIE &
03/26/2015	$10	27430 / 00362	QUIT CLAIM	BLOYS SENIE
05/24/2011	$4,180,000	24541 / 01716	WARRANTY DEED	BLOYS DAVID P &
04/29/2010	$10	23825 / 01539	WARRANTY DEED	HAWKINS WILLIAM J
10/14/2008	$5,500,000	22907 / 00173	WARRANTY DEED	HAWKINS WILLIAM J
02/27/2007	$10	21466 / 00512	QUIT CLAIM	TRUE KAREN
01/26/2005	$10	18088 / 01427	QUIT CLAIM	TANGIER INVESTMENTS LLC
02/19/2004	$1,750,000	16582 / 00917	WARRANTY DEED	TRUE KAREN
12/27/2000	$1,625,000	12263 / 00709	WARRANTY DEED	CARSON CREEK CORP
04/01/1986	$500,000	04841 / 00252	WARRANTY DEED
10/01/1984	$100	04387 / 01849	REP DEED

Exemption Information

No Exemption Information Available.

Property Information

Number of Units :	1
*Total Square Feet :	6754
Acres :	.32
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 2008 Air Condition Desc. HTG & AC Heat Type FORCED AIR DUCT Heat Fuel ELECTRIC Bed Rooms 5 Full Baths 6 Half Baths 2 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 2 Subarea and Square Footage for Building 1 Code Description square Footage BAS Base Area 2481 BLC Balcony 288 FDG Finished Det. Garage 441 FOP Finished Open Porch 189 SFB Semi Finished Base Area 68 SFB Semi Finished Base Area 121 FUS Finished Upper Story 441 FUS Finished Upper Story 2437 FOP Finished Open Porch 288 Total Square Footage 6754 Area Under Air 5548

Sketch for Building 1

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Property Extra Feature
Description	Year Built	Units
Patio	2008	130
Bbq	2008	1
Wall	2008	930
Spa	2009	1
Elevator	2008	1
Pool - In-Ground	2008	1

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Property Land Details
Land Line #	Description	Zoning	Acres
1	SFR	R-B	0.3159

Appraisals

Tax Year	2025	2024	2023	2022	2021
Improvement Value	$5,698,446	$7,221,818	$6,218,010	$4,707,595	$3,825,572
Land Value	$7,086,400	$7,430,400	$7,017,600	$5,297,600	$3,034,640
Total Market Value	$12,784,846	$14,652,218	$13,235,610	$10,005,195	$6,860,212

Assessed and Taxable Values

Tax Year	2025	2024	2023	2022	2021
Assessed Value	$9,882,901	$8,984,455	$8,167,686	$7,425,169	$6,750,154
Exemption Amount	$0	$0	$0	$0	$0
Taxable Value	$9,882,901	$8,984,455	$8,167,686	$7,425,169	$6,750,154

Taxes

Tax Year	2025	2024	2023	2022	2021
AD VALOREM	$165,292	$169,389	$155,342	$131,873	$110,279
NON AD VALOREM	$205	$194	$188	$184	$178
TOTAL TAX	$165,497	$169,583	$155,530	$132,057	$110,457

Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov