Property Detail

Location Address :	1950 THATCH PALM DR
Municipality :	BOCA RATON
Parcel Control Number :	06-43-47-29-10-025-0080
Subdivision :	ROYAL PALM YACHT & COUNTRY CLUB SUB
Official Records Book/Page :	36036 / 1444
Sale Date :	09/22/2025
Legal Description :	ROYAL PALM YACHT & CNTRY CLUB LT 8 BLK 25

Owner Information

Owner(s)	Mailing Address
SCHMIDT RICHARD L RICHARD L SCHMIDT TR TITL HLDR SCHMIDT RICHARD L TR	1950 THATCH PALM DR BOCA RATON FL 33432 7457

Sales Information

Sales Date	Price	OR Book/Page	Sale Type	Owner
09/22/2025	$10	36036 / 01444	QUIT CLAIM	SCHMIDT RICHARD L TRUST
06/22/2023	$1	34423 / 00802	QUIT CLAIM	SCHMIDT RICHARD L
05/01/1992	$400,000	07305 / 01413	WARRANTY DEED	SCHMIDT RICHARD L &
01/01/1977	$100	02695 / 01866

Exemption Information

Applicant/Owner(s)	Year	Detail
SCHMIDT RICHARD L	2026	HOMESTEAD
SCHMIDT RICHARD L	2026	ADDITIONAL HOMESTEAD

Appraisals

Tax Year	2026	2025	2024	2023	2022
Improvement Value	$1,214,371	$1,200,908	$1,229,513	$1,137,462	$969,049
Land Value	$4,537,350	$3,702,150	$3,179,517	$2,969,549	$2,726,870
Total Market Value	$5,751,721	$4,903,058	$4,409,030	$4,107,011	$3,695,919

Assessed and Taxable Values

Tax Year	2026	2025	2024	2023	2022
Assessed Value	$1,526,150	$1,486,027	$1,444,147	$1,402,084	$1,361,247
Exemption Amount	$51,411	$50,722	$50,000	$50,000	$50,000
Taxable Value	$1,474,739	$1,435,305	$1,394,147	$1,352,084	$1,311,247

Taxes

Tax Year	2026	2025	2024	2023	2022
AD VALOREM	$25,102	$24,567	$23,876	$23,363	$23,189
NON AD VALOREM	$441	$360	$349	$343	$339
TOTAL TAX	$25,543	$24,927	$24,225	$23,706	$23,528

Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov