Property Detail
Location Address : 218 PHIPPS PLZ
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-22-09-000-0031
Subdivision : PLAZA PL IN
Official Records Book/Page : 33412 / 1809
Sale Date : 03/22/2022
Legal Description : PLAZA PLAT LT 3 (LESS S 3 FT OF W 12.3 FT OF E 70 FT), LT 3A & 10 FT PRIV RD LYG W OF & ADJ TO
Owner Information
Owner(s) Mailing Address
LEEDS BRUCE TRUST
LEEDS BRUCE TR
 218 PHIPPS PLZ
PALM BEACH FL 33480 4241
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
03/22/2022 $9,981,500 33412 / 01809 WARRANTY DEED LEEDS BRUCE TRUST
01/28/2013 $1,275,000 25755 / 01746 WARRANTY DEED FORMICA MICHAEL &
03/01/1994 $565,000 8152 / 01166 WARRANTY DEED YASMINI INC
03/01/1994 $565,000 08152 / 01166 WARRANTY DEED
01/01/1988 $481,400 05557 / 00624 WARRANTY DEED
01/01/1988 $100 05557 / 00622 QUIT CLAIM
03/01/1984 $400,000 04191 / 00087 WARRANTY DEED
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 4744
Acres : .21
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 1948
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 3
Full Baths 2
Half Baths 1
Exterior Wall 2 WSF: BRICK
Roof Structure GABLE/HIP
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 PLYWOOD PNL.
Interior Wall 2 DRYWALL
Floor Type 1 HARDWOOD
Floor Type 2 MARBLE
Stories 2
Subarea and Square Footage for Building 1
Code Description square Footage
UOP Unfinished Open Porch 40
BAS Base Area 1938
FGR Finished Garage 312
UOP Unfinished Open Porch 32
UOP Unfinished Open Porch 48
UOP Unfinished Open Porch 250
UOP Unfinished Open Porch 32
UOP Unfinished Open Porch 40
UOP Unfinished Open Porch 160
UOP Unfinished Open Porch 48
FUS Finished Upper Story 1844
Total Square Footage 4744
Area Under Air 3782
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Wall 1985 680
Pool - In-Ground 2015 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.2118
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $4,509,279 $3,816,994 $4,118,575 $3,497,690 $2,481,174
Land Value $7,197,840 $6,182,760 $5,767,500 $4,043,374 $2,715,978
Total Market Value $11,707,119 $9,999,754 $9,886,075 $7,541,064 $5,197,152
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $10,037,156 $9,124,687 $8,295,170 $7,541,064 $2,036,925
Exemption Amount $0 $0 $0 $0 $50,000
Taxable Value $10,037,156 $9,124,687 $8,295,170 $7,541,064 $1,986,925
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $159,280 $141,206 $133,397 $113,211 $30,951
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $159,497 $141,411 $133,591 $113,399 $31,135
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov