Property Detail

Location Address :	240 BAHAMA LN
Municipality :	PALM BEACH
Parcel Control Number :	50-43-43-10-02-000-0170
Subdivision :	BAHAMA ADD IN
Official Records Book/Page :	32036 / 1983
Sale Date :	12/22/2020
Legal Description :	BAHAMA ADDITION LT 17

Owner Information

Owner(s)	Mailing Address
GRACE JOHN R GRACE JOHN R TR JOHN R GRACE TR TITL HLDR	240 BAHAMA LN PALM BEACH FL 33480 3308

Sales Information

Sales Date	Price	OR Book/Page	Sale Type	Owner
12/22/2020	$10	32036 / 01983	WARRANTY DEED	GRACE SHERRI L TRUST
11/09/2020	$10	31902 / 01160	WARRANTY DEED	GRACE SHERRI L
12/30/2013	$2,910,000	26534 / 01986	WARRANTY DEED	GRACE JOHN R &
06/03/2005	$3,350,000	18697 / 00324	WARRANTY DEED	PALM BEACH POOH LLC
05/01/1995	$416,000	08753 / 01923	WARRANTY DEED
07/01/1992	$600,000	07354 / 00782	REP DEED

Exemption Information

Applicant/Owner(s)	Year	Detail
GRACE JOHN R	2026	HOMESTEAD
GRACE JOHN R	2026	ADDITIONAL HOMESTEAD

Appraisals

Tax Year	2026	2025	2024	2023	2022
Improvement Value	$2,291,933	$1,840,121	$2,054,384	$2,822,949	$1,425,893
Land Value	$5,491,800	$5,440,950	$5,746,050	$5,339,250	$3,864,600
Total Market Value	$7,783,733	$7,281,071	$7,800,434	$8,162,199	$5,290,493

Assessed and Taxable Values

Tax Year	2026	2025	2024	2023	2022
Assessed Value	$2,960,320	$2,882,493	$2,801,257	$2,719,667	$2,640,453
Exemption Amount	$51,411	$50,722	$50,000	$50,000	$50,000
Taxable Value	$2,908,909	$2,831,771	$2,751,257	$2,669,667	$2,590,453

Taxes

Tax Year	2026	2025	2024	2023	2022
AD VALOREM	$43,285	$42,268	$41,070	$40,240	$40,302
NON AD VALOREM	$217	$205	$194	$188	$184
TOTAL TAX	$43,502	$42,473	$41,264	$40,428	$40,486

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