Property Detail
Location Address : 160 ROYAL PALM WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-23-05-026-0310
Subdivision : ROYAL PARK ADD TO P B IN
Official Records Book/Page : 30614 / 646
Sale Date : 05/14/2019
Legal Description : ROYAL PARK ADD LTS 31 TO 33 INC BLK F
Owner Information
Owner(s) Mailing Address
LR PALM HOUSE LLC
 11999 SAN VICENTE BLVD STE 290
LOS ANGELES CA 90049 5139
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
05/14/2019 $39,600,000 30614 / 00646 QUIT CLAIM LR PALM HOUSE LLC
10/22/2009 $10,000,100 23506 / 01148 CERT OF TITLE 160 ROYAL PALM LLC
08/22/2006 $10 20776 / 01540 WARRANTY DEED ROYAL 160 LLC
11/30/2000 $5,000,000 12166 / 00294 WARRANTY DEED HEART OF PALM
11/01/1991 $3,277,500 07031 / 01379 WARRANTY DEED
09/01/1988 $6,000,000 05803 / 00014 CERT OF TITLE
07/01/1986 $5,400,000 04946 / 00315 QUIT CLAIM
06/01/1986 $100 04915 / 01539 CERT OF TITLE
06/01/1984 $5,800,000 04282 / 01904 WARRANTY DEED
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel : 79
*Total Square Feet : 82827
Acres : 1.38
Property Use Code : 3900—MOTEL
Zoning : C-B—COMMERCIAL OFFICES (50-PALM BEACH)
Building Details

Structural Details

Structural Element for Building 1
Year Built 1961
RESORT HOTEL 82827
Subarea and Square Footage for Building 1
Code Description square Footage
BANQUET ROOM 14208
PARKING LEVEL FLOORS 0
RESORT HOTEL 22450
BANQUET ROOM 5926
RESORT HOTEL 20931
RESORT HOTEL 19312
PARKING LEVEL FLOORS 0
Total Square Footage 82827
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Swimming Pool Commercial 2024 893
Paving- Asphalt 2024 5960
Cabana 2024 442
Patio 2024 11770

Property Land Details

Land Line # Description Zoning Acres
1 HOTEL C-B 1.3774
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $28,359,054 $28,640,624 $6,093,103 $5,246,923 $3,472,186
Land Value $41,080,000 $37,327,500 $35,550,000 $33,308,140 $25,236,030
Total Market Value $69,439,054 $65,968,124 $41,643,103 $38,555,063 $28,708,216
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $69,439,054 $65,968,124 $30,438,012 $27,670,920 $25,209,796
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $69,439,054 $65,968,124 $30,438,012 $27,670,920 $25,209,796
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $1,029,295 $980,880 $523,374 $485,691 $413,435
NON AD VALOREM $38,807 $35,597 $3,120 $2,835 $2,835
TOTAL TAX $1,068,103 $1,016,477 $526,494 $488,526 $416,269
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov