Property Detail
Location Address : 176 LAKE DR 1-1
Municipality : PALM BEACH SHORES
Parcel Control Number : 54-43-42-27-04-000-5362
Subdivision : PALM BEACH SHORES IN PB 23 PGS 29 TO 32 INC
Official Records Book/Page : 34641 / 882
Sale Date : 10/03/2023
Legal Description : PALM BEACH SHORES PT OF LTS 536 THRU 540, PT OF RESVD PLOT LYG W OF & ADJ TO LTS 539 & 540 & PT OF PVT RD # 4 K/A PROPOSED CANNONSPORT COND IN OR20602P430 (LESS PT OF LTS 536 & 540 IN OR22530 P1535)
Owner Information
Owner(s) Mailing Address
PBS CONDOMINIUM LLC
2850 QUARRY LAKE DR STE 140
BALTIMORE MD 21209 3876
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
10/03/2023 $58,500,000 34641 / 00882 WARRANTY DEED PBS CONDOMINIUM LLC
09/25/2023 $0 34607 / 01577 QUIT CLAIM CNRI CANNONSPORT LLC
07/11/2006 $10 20602 / 00430 WARRANTY DEED CNRI CANNONSPORT CONDOMINIUM LLC
Exemption Information
No Exemption Information Available.
Property Information
Number of Units : 36
*Total Square Feet : 96953
Acres : 1.61
Property Use Code : 0300—MULTIFAMILY 10 UNITS OR MORE
Zoning : C—MULTI-FAMILY (HOTELS/MOTELS) (54-PALM BEACH SHORES)
Building Details

Structural Details

Structural Element for Building 1
Year Built 2008
APARTMENTS LOW RISE 17862

Subarea and Square Footage for Building 1
Code Description square Footage
APARTMENT 17343
HEALTH CLUB 519
PARKING LEVEL FLOORS 0
Total Square Footage 17862
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Walkway-Concrete 2008 989
Patio 2008 209
Walkway-Concrete 2008 2482
Patio 2008 527
Swimming Pool Commercial 2008 910
Spa 2008 1
Patio 2008 209
Walkway-Concrete 2008 989
Patio 2008 271
Walkway-Concrete 2008 1277
Walkway-Concrete 2008 1277
Patio 2008 271

Property Land Details

Land Line # Description Zoning Acres
1 MULTI FAMILY C 1.6112
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $27,954,723 $26,477,509 $15,784,542 $15,344,847 $12,694,773
Land Value $14,036,400 $12,281,850 $2,520,000 $2,383,200 $2,044,044
Total Market Value $41,991,123 $38,759,359 $18,304,542 $17,728,047 $14,738,817
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $41,991,123 $38,759,359 $17,833,969 $16,212,699 $14,738,817
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $41,991,123 $38,759,359 $17,833,969 $16,212,699 $14,738,817
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $822,518 $759,579 $355,090 $336,710 $304,945
NON AD VALOREM $4,446 $4,096 $3,945 $3,826 $3,671
TOTAL TAX $826,963 $763,675 $359,034 $340,536 $308,615
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov