Property Detail
Location Address :
224 PHIPPS PLZ
Municipality :
PALM BEACH
Parcel Control Number :
50-43-43-22-09-000-0041
Subdivision :
PLAZA PL IN
Official Records Book/Page :
36648
/
472
Sale Date :
06/29/2026
Legal Description :
PLAZA PLAT SLY 88 FT OF E 62 FT OF LT 4 & N 78 FT OF W 10 FT OF LT 5 AS IN OR10903P110
Owner Information
Owner(s)
Mailing Address
224 PHIPPS PLAZA PB SIH LLC
SHIBE INVESTMENT HOLDINGS LLC C/O 2751 S DIXIE HWY STE 450
WEST PALM BEACH FL 33405 1298
Sales Information
Sales Date
Price
OR Book/Page
Sale Type
Owner
06/29/2026
$5,000,000
36648 / 00472
WARRANTY DEED
224 PHIPPS PLAZA PB SIH LLC
10/25/2011
$500,000
24815 / 00418
WARRANTY DEED
KHAWLY RAMEZ
02/13/2006
$10
19926 / 01151
WARRANTY DEED
KHAWLY TERESA K &
09/24/2004
$1,450,000
17585 / 00096
WARRANTY DEED
KHAWLY TERESA K &
10/01/1998
$675,000
10903 / 00110
WARRANTY DEED
BLACK KNIGHT INVSTMNT CO LTD
05/01/1993
$275,000
07718 / 00147
WARRANTY DEED
11/01/1982
$240,000
03828 / 01346
WARRANTY DEED
05/01/1981
$100,000
03537 / 01678
WARRANTY DEED
01/01/1977
$135,000
02775 / 00806
Exemption Information
Applicant/Owner(s)
Year
Detail
KHAWLY RAMEZ
2026
HOMESTEAD
KHAWLY RAMEZ
2026
ADDITIONAL HOMESTEAD
Property Information
Total Number of Units Per Parcel :
2
*Total Square Feet :
2500
Acres :
.13
Property Use Code :
0100—SINGLE FAMILY
Zoning :
R-C—MEDIUM 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
1938
Air Condition Desc.
HTG & AC
Heat Type
FORCED AIR DUCT
Heat Fuel
ELECTRIC
Bed Rooms
3
Full Baths
3
Half Baths
1
Exterior Wall 2
NONE
Roof Structure
GABLE/HIP
Roof Cover
ASPHALT/COMPOSITION
Interior Wall 1
PLYWOOD PNL.
Interior Wall 2
DRYWALL
Floor Type 1
CERAMIC/QUARRY TILE
Floor Type 2
MARBLE
Stories
2
Subarea and Square Footage for Building 1
Code Description
square Footage
FUS Finished Upper Story
450
FGR Finished Garage
355
BAS Base Area
88
BAS Base Area
1482
BAS Base Area
125
Total Square Footage
2500
Area Under Air
2145
Sketch for Building 1
Property Extra Feature
Description
Year Built
Units
Patio
1938
324
Wall
1995
224
Property Land Details
Land Line #
Description
Zoning
Acres
1
SFR
R-C
0.1327
Appraisals
Tax Year
2026
2025
2024
2023
2022
Improvement Value
$998,865
$1,002,145
$1,151,776
$2,084,577
$411,933
Land Value
$4,508,400
$3,872,600
$3,612,500
$2,573,370
$2,228,027
Total Market Value
$5,507,265
$4,874,745
$4,764,276
$4,657,947
$2,639,960
Assessed and Taxable Values
Tax Year
2026
2025
2024
2023
2022
Assessed Value
$1,555,561
$1,514,665
$1,471,978
$1,429,105
$1,387,481
Exemption Amount
$51,411
$50,722
$50,000
$50,000
$50,000
Taxable Value
$1,504,150
$1,463,943
$1,421,978
$1,379,105
$1,337,481
Taxes
Tax Year
2026
2025
2024
2023
2022
AD VALOREM
$22,462
$21,930
$21,303
$20,865
$20,887
NON AD VALOREM
$716
$704
$693
$642
$638
TOTAL TAX
$23,178
$22,634
$21,996
$21,507
$21,525
Dorothy Jacks, CFA, AAS PALM BEACH COUNTY PROPERTY APPRAISER www.pbcpao.gov