Property Detail

Location Address :	380 N LAKE WAY
Municipality :	PALM BEACH
Parcel Control Number :	50-43-43-14-05-000-0230
Subdivision :	WALTON ADD P B REV
Official Records Book/Page :	05361 / 0940
Sale Date :	07/01/1987
Legal Description :	WALTON ADD PB REV LTS 23 & 23-A & S 5 FT OF LT 25

Owner Information

Owner(s)	Mailing Address
MATTHEWS WILLIAM M	380 N LAKE WAY PALM BEACH FL 33480 3630

Sales Information

Sales Date	Price	OR Book/Page	Sale Type	Owner
07/01/1987	$2,500,000	05361 / 00940	WARRANTY DEED
01/01/1976	$310,000	02527 / 01383
01/01/1974	$15,500	02317 / 00373	WARRANTY DEED
01/01/1973	$290,000	02136 / 01638	TAX DEED

Exemption Information

Applicant/Owner(s)	Year	Detail
MATTHEWS WILLIAM M	2026	HOMESTEAD
MATTHEWS WILLIAM M	2026	ADDITIONAL HOMESTEAD

Property Information

Total Number of Units Per Parcel :	1
*Total Square Feet :	9618
Acres :	.61
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 WSF: BRICK Year Built 1938 Air Condition Desc. HTG & AC Heat Type FORCED AIR DUCT Heat Fuel ELECTRIC Bed Rooms 5 Full Baths 9 Half Baths 0 Roof Structure GABLE/HIP Roof Cover CLAY/BERMUDA TILE Interior Wall 1 PLYWOOD PNL. Interior Wall 2 DRYWALL Floor Type 1 CARPETING Stories 2 Subarea and Square Footage for Building 1 Code Description square Footage FUS Finished Upper Story 2722 BAS Base Area 4579 FGR Finished Garage 911 SFB Semi Finished Base Area 552 UOP Unfinished Open Porch 210 SFB Semi Finished Base Area 98 FOP Finished Open Porch 228 FOP Finished Open Porch 70 FOP Finished Open Porch 20 FOP Finished Open Porch 228 Total Square Footage 9618 Area Under Air 7951

Sketch for Building 1

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Property Extra Feature
Description	Year Built	Units
Boat Lift	2020	1
Boat Dock	2020	800
Pool - In-Ground	1989	1
Fountain	2006	1
Wall	1938	1308
Deck	1938	135
Spa	1989	1

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Property Land Details
Land Line #	Description	Zoning	Acres
1	INTRACOASTAL	R-B	0.5477
2	INTRACOASTAL WATERWAY STRIP	R-B	0.0597

Appraisals

Tax Year	2026	2025	2024	2023	2022
Improvement Value	$1,466,663	$1,339,076	$1,821,738	$1,651,000	$1,588,004
Land Value	$26,244,100	$26,840,550	$26,244,100	$21,510,707	$16,736,400
Total Market Value	$27,710,763	$28,179,626	$28,065,838	$23,161,707	$18,324,404

Assessed and Taxable Values

Tax Year	2026	2025	2024	2023	2022
Assessed Value	$5,905,186	$5,749,938	$5,587,889	$5,425,135	$5,267,121
Exemption Amount	$51,411	$50,722	$50,000	$50,000	$50,000
Taxable Value	$5,853,775	$5,699,216	$5,537,889	$5,375,135	$5,217,121

Taxes

Tax Year	2026	2025	2024	2023	2022
AD VALOREM	$86,937	$84,904	$82,508	$80,856	$81,003
NON AD VALOREM	$217	$205	$194	$188	$184
TOTAL TAX	$87,154	$85,109	$82,702	$81,044	$81,187

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