Property Detail
Location Address : 306 HIBISCUS AVE
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-23-05-002-0232
Subdivision : ROYAL PARK ADD TO P B IN
Official Records Book/Page : 09240 / 0824
Sale Date : 05/01/1996
Legal Description : ROYAL PARK ADD N 60 FT OF E 1/2 OF LT 23 & N 60 FT OF LTS 24 TO 28 INC BLK 2
Owner Information
Owner(s) Mailing Address
SHAFFER MARGARET S
306 HIBISCUS AVE
PALM BEACH FL 33480 4322
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
05/01/1996 $800,000 09240 / 00824 WARRANTY DEED SHAFFER MARGARET S
06/01/1994 $395,000 08314 / 00371 WARRANTY DEED
03/01/1983 $270,000 03902 / 01066 WARRANTY DEED
12/01/1980 $203,000 03432 / 00550 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
SHAFFER MARGARET S 2026 HOMESTEAD
SHAFFER MARGARET S 2026 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $1,095,762 $1,141,254 $1,472,920 $2,081,991 $2,017,307
Land Value $6,089,976 $5,755,770 $4,827,420 $4,055,033 $3,363,493
Total Market Value $7,185,738 $6,897,024 $6,300,340 $6,137,024 $5,380,800
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $1,311,008 $1,276,541 $1,240,565 $1,204,432 $1,169,351
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $1,259,597 $1,225,819 $1,190,565 $1,154,432 $1,119,351
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $18,837 $18,389 $17,862 $17,492 $17,507
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $19,803 $19,343 $18,805 $18,361 $18,372
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov