Property Detail
Location Address : 166 PROFESSIONAL WAY
Municipality : WELLINGTON
Parcel Control Number : 73-41-43-31-07-000-0130
Subdivision : BINKS COMMERCIAL CENTRE
Official Records Book/Page : 31929 / 723
Sale Date : 11/11/2020
Legal Description : BINKS COMMERCIAL CENTRE LT 13
Owner Information
Owner(s) Mailing Address
VELODROME REALTY CORP
606 RIVERSIDE RD
NORTH PALM BEACH FL 33408 3726
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
11/11/2020 $1,600,000 31929 / 00723 WARRANTY DEED VELODROME REALTY CORP
12/11/2018 $550,000 30305 / 01359 WARRANTY DEED FOLKSTONE PROPERTIES LLC
06/21/2017 $600,000 29193 / 00095 WARRANTY DEED 42 K LLC &
09/03/2003 $200,000 15847 / 01340 WARRANTY DEED 42 K LLC
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel :
*Total Square Feet : 3600
Acres : .68
Property Use Code : 1700—OFFICE BLDG-NON MEDICAL 1 TO 3 STORIES
Zoning : PUD—PLANNED UNIT DEVELOPMENT (73-WELLINGTON)
Building Details

Structural Details

Structural Element for Building 1
Year Built 2018
OFFICE BLDG L/R 1-4S 3600

Subarea and Square Footage for Building 1
Code Description square Footage
OFFICES 3600
Total Square Footage 3600
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Paving- Asphalt 2018 8110
Walkway-Concrete 2018 350
Wall 2018 90
Paving- Asphalt 2018 45

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL PUD 0.6757
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $737,446 $745,797 $779,028 $769,082 $718,838
Land Value $551,250 $500,000 $500,000 $433,100 $412,500
Total Market Value $1,288,696 $1,245,797 $1,279,028 $1,202,182 $1,131,338
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $1,288,696 $1,245,797 $1,214,142 $1,103,765 $1,003,423
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $1,288,696 $1,245,797 $1,214,142 $1,103,765 $1,003,423
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $24,085 $23,340 $23,170 $21,485 $20,208
NON AD VALOREM $1,218 $1,143 $1,054 $1,029 $968
TOTAL TAX $25,303 $24,483 $24,225 $22,514 $21,176
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov