Property Detail
Location Address : 241 ROYAL PALM WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-23-05-021-0171
Subdivision : ROYAL PARK ADD TO P B IN
Official Records Book/Page : 10853 / 0042
Sale Date : 12/28/1998
Legal Description : ROYAL PARK ADD S 134 FT OF LT 17 BLK A
Owner Information
Owner(s) Mailing Address
FJK TEE JAY LTD
 PO BOX 3243
PALM BEACH FL 33480 1443
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
12/28/1998 $2,400,000 10853 / 00042 WARRANTY DEED FJK TEE JAY LTD
12/01/1998 $100 10853 / 00041 QUIT CLAIM
11/21/1996 $1,500,000 09549 / 01579 WARRANTY DEED
06/01/1993 $550,000 07799 / 00605 REP DEED
08/01/1989 $1,000 06159 / 00805 CERT OF TITLE
03/01/1980 $1,678,400 03260 / 01229 REP DEED
01/01/1979 $940,000 03005 / 01422
01/01/1975 $894,000 02492 / 01732 WARRANTY DEED
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel : 0
*Total Square Feet : 12709
Acres : .31
Property Use Code : 1700—OFFICE BLDG-NON MEDICAL 1 TO 3 STORIES
Zoning : C-OPI—COMMERCIAL OFF, PROF, INST (50-PALM BEACH)
Building Details

Structural Details

Structural Element for Building 1
Year Built 1990
OFFICE BLDG L/R 1-4S 12709
Subarea and Square Footage for Building 1
Code Description square Footage
PARKING LEVEL FLOORS 0
SUPPORT 1131
PARKING LEVEL FLOORS 0
OFFICES 2300
SUPPORT 675
OFFICES 7253
SUPPORT 675
UPPER PARKING GAR 0
SUPPORT 675
Total Square Footage 12709
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Walkway-Concrete 1990 478
Gazebo 1990 144
Wall 1990 246

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL C-OPI 0.3076
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $6,281,502 $5,025,199 $3,762,427 $3,838,309 $3,568,994
Land Value $6,648,075 $6,030,000 $4,690,000 $3,297,022 $3,048,586
Total Market Value $12,929,577 $11,055,199 $8,452,427 $7,135,331 $6,617,580
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $12,929,577 $7,989,058 $7,262,780 $6,602,527 $6,002,297
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $12,929,577 $7,989,058 $7,262,780 $6,602,527 $6,002,297
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $191,655 $138,170 $115,512 $102,561 $97,017
NON AD VALOREM $5,219 $4,885 $4,569 $4,465 $4,350
TOTAL TAX $196,874 $143,055 $120,081 $107,026 $101,367
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov