Property Detail
Location Address : 450 BRAZILIAN AVE
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-23-05-004-0011
Subdivision : ROYAL PARK ADD TO P B IN
Official Records Book/Page : 35731 / 163
Sale Date : 04/25/2025
Legal Description : ROYAL PARK ADD PT OF LTS 1 & 2 & W 2 FT OF LT 56 BLK 4 K/A UNIT A IN OR12988P1768
Owner Information
Owner(s) Mailing Address
KASSEL PROPERTIES LLC
MICHAEL N NEWMARK C/O 8027 FORSYTH BLVD STE 1150
SAINT LOUIS MO 63105 1788
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
04/25/2025 $12,125,000 35731 / 00163 WARRANTY DEED KASSEL PROPERTIES LLC
06/30/2016 $10 28414 / 00652 WARRANTY DEED MCCONNELL DEAN MARGARET M
10/11/2001 $3,600,000 12988 / 01768 WARRANTY DEED SOUTH LAKE DRIVE
Exemption Information
Applicant/Owner(s) Year Detail
MCCONNELL DEAN MARGARET M 2025 HOMESTEAD
MCCONNELL DEAN MARGARET M 2025 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $3,744,331 $4,771,737 $5,481,285 $5,040,225 $3,769,170
Land Value $6,917,650 $5,801,900 $4,873,596 $4,028,652 $2,945,580
Total Market Value $10,661,981 $10,573,637 $10,354,881 $9,068,877 $6,714,750
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $3,597,085 $3,495,709 $3,393,892 $3,295,041 $3,199,069
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $3,546,363 $3,445,709 $3,343,892 $3,245,041 $3,149,069
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $52,900 $51,397 $50,362 $50,445 $51,266
NON AD VALOREM $116 $107 $103 $100 $96
TOTAL TAX $53,016 $51,504 $50,465 $50,545 $51,362
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov