Property Detail
Location Address : 437 CHILEAN AVE
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-23-05-005-0100
Subdivision : ROYAL PARK ADD TO P B IN
Official Records Book/Page : 36667 / 678
Sale Date : 06/01/2026
Legal Description : ROYAL PARK ADD LTS 10 THRU 12 & W 5 FT OF LT 13 BLK 5
Owner Information
Owner(s) Mailing Address
CERASOLI FRANK & WRAY CHARLOTTE TRUST
CERASOLI FRANK TR &
WRAY CHARLOTTE TR
18 STEARNS POINT RD
SHELTER ISLAND HEIGH NY 11965 2009
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
06/01/2026 $10 36667 / 00678 WARRANTY DEED CERASOLI FRANK & WRAY CHARLOTTE TRUST
03/02/2015 $6,300,000 27388 / 00521 WARRANTY DEED WRAY CERASOLI ASSOCIATES LLP
04/20/2011 $3,200,000 24504 / 01423 WARRANTY DEED KOSOY BRIAN D &
07/25/2002 $3,200,000 13965 / 01432 WARRANTY DEED SMITH MATTHEW K &
11/23/1999 $935,000 11482 / 00591 WARRANTY DEED REDPATH INVESTMENT CORP
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 5250
Acres : .23
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-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 2002
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 5
Full Baths 6
Half Baths 1
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 CUSTOM
Stories 2

Subarea and Square Footage for Building 1
Code Description square Footage
FUS Finished Upper Story 1836
FGR Finished Garage 665
BAS Base Area 2689
UOP Unfinished Open Porch 60
Total Square Footage 5250
Area Under Air 4525
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Elevator 2001 1
Bbq 2006 1
Pool - In-Ground 2001 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-C 0.2296
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $13,750,327 $11,690,689 $12,877,403 $11,421,780 $8,782,736
Land Value $8,200,000 $7,750,000 $6,500,000 $5,460,000 $4,493,050
Total Market Value $21,950,327 $19,440,689 $19,377,403 $16,881,780 $13,275,786
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $10,881,673 $9,892,430 $8,993,118 $8,175,562 $7,432,329
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $10,881,673 $9,892,430 $8,993,118 $8,175,562 $7,432,329
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $230,888 $207,445 $199,298 $178,952 $153,258
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $231,854 $208,399 $200,240 $179,821 $154,122
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov