Property Detail
Location Address : 231 ROYAL PALM WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-23-05-021-0180
Subdivision : ROYAL PARK ADD TO P B IN
Official Records Book/Page : 29403 / 1524
Sale Date : 10/06/2017
Legal Description : ROYAL PARK ADD LT 18 BLK A
Owner Information
Owner(s) Mailing Address
PRIMARY PROPERTIES INC
 1140 RESERVOIR AVE
CRANSTON RI 02920 6032
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
10/06/2017 $9,200,000 29403 / 01524 WARRANTY DEED PRIMARY PROPERTIES INC
12/28/2010 $8,925,000 24287 / 00304 WARRANTY DEED 231 ROYAL PALM WAY LLC
09/28/2010 $300 24105 / 01011 CERT OF TITLE RP SR ROYAL PALM WAY LLC
07/11/2005 $10 19005 / 01578 WARRANTY DEED BROADWAY RPW REV STATUTORY TRUST
04/01/1997 $1,661,800 09740 / 00019 WARRANTY DEED
01/01/1980 $850,000 03245 / 01360
01/01/1977 $822,500 02664 / 00058
01/01/1974 $100 02369 / 00624 QUIT CLAIM
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel : 0
*Total Square Feet : 11576
Acres : .32
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 1973
OFFICE BLDG L/R 1-4S 11576
Subarea and Square Footage for Building 1
Code Description square Footage
PARKING LEVEL FLOORS 0
OFFICES 391
SUPPORT 256
OFFICES 304
PARKING LEVEL FLOORS 0
SUPPORT 256
OFFICES 10369
Total Square Footage 11576
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Wall 1973 720
Wall 1973 1060
Paving- Asphalt 1973 896

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL C-OPI 0.3204
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $6,796,301 $6,434,848 $6,599,059 $6,602,356 $6,097,102
Land Value $6,923,424 $6,279,750 $4,884,250 $3,433,578 $3,174,852
Total Market Value $13,719,725 $12,714,598 $11,483,309 $10,035,934 $9,271,954
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $13,087,572 $11,897,793 $10,816,175 $9,832,886 $8,938,987
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $13,087,572 $11,897,793 $10,816,175 $9,832,886 $8,938,987
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $197,971 $182,071 $165,053 $148,928 $140,681
NON AD VALOREM $5,946 $5,559 $5,193 $5,081 $4,948
TOTAL TAX $203,917 $187,630 $170,247 $154,009 $145,629
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov