Property Detail
Location Address :
240 ROYAL PALM WAY
Municipality :
PALM BEACH
Parcel Control Number :
50-43-43-23-05-025-0400
Subdivision :
ROYAL PARK ADD TO P B IN
Official Records Book/Page :
28071
/
1414
Sale Date :
01/26/2016
Legal Description :
ROYAL PARK ADD LT 40 BLK E
Owner Information
Owner(s)
Mailing Address
JHD ASSOCIATES LLC
OCONNOR PROPERTY MANAGEMENT OF S FL C/O 230 ROYAL PALM WAY # 3
PALM BEACH FL 33480 4340
Sales Information
Sales Date
Price
OR Book/Page
Sale Type
Owner
01/26/2016
$0
28071 / 01414
WARRANTY DEED
JHD ASSOCIATES LLC
08/01/1997
$800,000
09970 / 01161
WARRANTY DEED
F J K III PROP INC
02/01/1996
$2,000,000
09139 / 01237
WARRANTY DEED
09/01/1993
$1,700,000
07912 / 01302
WARRANTY DEED
11/01/1992
$1,564,600
07460 / 01106
CERT OF TITLE
04/01/1981
$2,500,000
03500 / 01342
AGREEMENT DEED
03/01/1980
$1,678,400
03260 / 01229
REP DEED
01/01/1979
$940,000
03005 / 01422
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel :
0
*Total Square Feet :
10296
Acres :
.46
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
1950
OFFICE BLDG L/R 1-4S
10296
Subarea and Square Footage for Building 1
Code Description
square Footage
OFFICES
4956
LOBBY
384
OFFICES
4956
Total Square Footage
10296
Sketch for Building 1
Property Extra Feature
Description
Year Built
Units
Paving- Asphalt
1950
13204
Property Land Details
Land Line #
Description
Zoning
Acres
1
COMMERCIAL
C-OPI
0.4591
Appraisals
Tax Year
2026
2025
2024
2023
2022
Improvement Value
$2,670,418
$2,714,886
$2,819,785
$2,815,768
$2,644,578
Land Value
$9,922,500
$9,000,000
$7,000,000
$4,930,816
$4,559,192
Total Market Value
$12,592,918
$11,714,886
$9,669,140
$7,746,584
$7,203,770
Assessed and Taxable Values
Tax Year
2026
2025
2024
2023
2022
Assessed Value
$9,822,740
$8,929,764
$8,117,967
$7,379,970
$6,709,064
Exemption Amount
$0
$0
$0
$0
$0
Taxable Value
$9,822,740
$8,929,764
$8,117,967
$7,379,970
$6,709,064
Taxes
Tax Year
2026
2025
2024
2023
2022
AD VALOREM
$163,019
$150,381
$130,512
$113,160
$107,183
NON AD VALOREM
$4,952
$4,592
$4,252
$4,201
$4,077
TOTAL TAX
$167,971
$154,973
$134,764
$117,361
$111,260
Dorothy Jacks, CFA, AAS PALM BEACH COUNTY PROPERTY APPRAISER www.pbcpao.gov