Property Detail
Location Address :
940 N LAKE WAY
Municipality :
PALM BEACH
Parcel Control Number :
50-43-43-10-00-001-0052
Subdivision :
Official Records Book/Page :
35033
/
974
Sale Date :
05/16/2024
Legal Description :
10-43-43, S 128.5 FT OF N 358.5 FT OF SUB B GOV LT 1 LYG W OF LAKE WAY
Owner Information
Owner(s)
Mailing Address
940 N LAKE WAY LLC
940 N LAKE WAY
PALM BEACH FL 33480 3323
Sales Information
Sales Date
Price
OR Book/Page
Sale Type
Owner
05/16/2024
$50,000,000
35033 / 00974
WARRANTY DEED
940 N LAKE WAY LLC
07/24/2023
$50,000,000
34467 / 01639
WARRANTY DEED
JONES H C LIVING TRUST
12/30/2009
$10
23619 / 00176
LEASE AGREEMENT
CENTURY WINES AND SPIRITS INC
07/09/2002
$7,370,000
13903 / 01281
WARRANTY DEED
CENTURY WINES & SPIRITS INC
11/01/1997
$100
10149 / 00711
LIFE ESTATE
01/01/1980
$100
03237 / 01709
01/01/1975
$725,000
02396 / 01177
WARRANTY DEED
Exemption Information
No Exemption Information Available.
Appraisals
Tax Year
2026
2025
2024
2023
2022
Improvement Value
$41,324
$10,791
$10,031
$2,653,111
$2,495,454
Land Value
$35,465,400
$36,087,000
$33,079,800
$23,633,440
$20,833,000
Total Market Value
$35,506,724
$36,097,791
$33,089,831
$26,286,551
$23,328,454
Assessed and Taxable Values
Tax Year
2026
2025
2024
2023
2022
Assessed Value
$35,506,724
$36,097,791
$33,089,831
$26,286,551
$9,232,131
Exemption Amount
$0
$0
$0
$0
$50,000
Taxable Value
$35,506,724
$36,097,791
$33,089,831
$26,286,551
$9,182,131
Taxes
Tax Year
2026
2025
2024
2023
2022
AD VALOREM
$526,316
$536,738
$492,059
$394,629
$142,441
NON AD VALOREM
$1,998
$1,997
$2,191
$2,002
$1,998
TOTAL TAX
$528,314
$538,735
$494,250
$396,632
$144,439
Dorothy Jacks, CFA, AAS PALM BEACH COUNTY PROPERTY APPRAISER www.pbcpao.gov