Property Detail
Location Address : 12940 50TH ST S
Municipality : WELLINGTON
Parcel Control Number : 73-41-44-27-00-000-7010
Subdivision :
Official Records Book/Page : 36659 / 773
Sale Date : 07/08/2026
Legal Description : 27-44-41, SLY 1285.94 FT OF NLY 4713.63 FT OF ELY 1230.95 FT OF WLY 1280.95 FT OF SW 1/4 & N 622 FT OF S 672 FT OF E 753.98 FT OF W 803.98 FT OF SW 1/4 A/K/A TRS 57 THRU 62 THE MEADOWS UNREC PL
Owner Information
Owner(s) Mailing Address
PEG 435 LLC
 433 N CAMDEN DR STE 888
BEVERLY HILLS CA 90210 4412
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
07/08/2026 $23,000,000 36659 / 00773 WARRANTY DEED PEG 435 LLC
01/18/2022 $15,250,000 33233 / 00965 WARRANTY DEED M&M PONY HOLDINGS LLC
08/11/2008 $10 22862 / 01499 WARRANTY DEED TGH WELLINGTON PROPERTIES LLC
01/01/1979 $100 02996 / 00982
01/01/1977 $700 02791 / 01869
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel : 2
*Total Square Feet : 20417
Acres : 46.92
Property Use Code : 6800—AG Classification EQUESTRIAN
Zoning : ER—EQUESTRIAN RESIDENTIAL (73-WELLINGTON)
Building Details

Structural Details

Structural Element for Building 1
Bldg Type CUSTOM BARN
Exterior Wall 1 CONCRETE BLOCK STUCCO
Year Built 2004
Air Condition Desc. NA
Heat Type NONE
Heat Fuel NONE
Bed Rooms
Full Baths
Half Baths
Roof Structure WOOD JOISTS, WOOD/COMPOSI
Roof Cover CONCRETE TILE
Interior Wall 1 STABLE
Floor Type 1 BRICK/CONCRETE PAVERS
Stories 1
Subarea and Square Footage for Building 1
Code Description square Footage
OFF Office 480
OFF Office 480
OFF Office 288
OFF Office 288
BRN Barn Area 858
BRN Barn Area 1778
BRN Barn Area 858
BRN Barn Area 1742
BRN Barn Area 858
BRN Barn Area 1495
BRN Barn Area 1778
BRN Barn Area 858
BAS Base Area 1742
BRN Barn Area 1848
Total Square Footage 15351
Area Under Air 1536
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Gazebo 2009 100
Patio 2004 265
Patio 2004 1440
Patio 2004 265
Manure Bin 2004 1
Patio 2009 500

Property Land Details

Land Line # Description Zoning Acres
4 SFR ER 5.21
5 SFR ER 9.07
2 SFR ER 5.56
3 SFR ER 9.07
1 SFR ER 18.01
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $2,497,718 $2,309,078 $2,536,917 $2,611,848 $2,153,520
Land Value $16,422,000 $16,422,000 $4,232,350 $4,215,150 $3,648,988
Total Market Value $18,919,718 $18,731,078 $6,769,267 $6,826,998 $5,802,508
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $4,071,886 $3,848,054 $3,095,227 $3,152,148 $2,534,727
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $4,071,886 $3,848,054 $3,095,227 $3,152,148 $2,534,727
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $76,100 $72,094 $58,024 $59,543 $49,978
NON AD VALOREM $14,197 $14,163 $5,786 $5,734 $5,136
TOTAL TAX $90,297 $86,257 $63,810 $65,276 $55,114
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov