Property Detail

Location Address :	359 HIBISCUS AVE
Municipality :	PALM BEACH
Parcel Control Number :	50-43-43-23-05-007-0012
Subdivision :	ROYAL PARK ADD TO P B IN
Official Records Book/Page :	29825 / 1448
Sale Date :	04/30/2018
Legal Description :	ROYAL PARK ADD LTS 1 & 2 (LESS N 68.67 FT) BLK 7

Owner Information

Owner(s)	Mailing Address
HOVSEPIAN SUREN HOVSEPIAN SUREN TR SUREN HOVSEPIAN TR TITL HLDR	359 HIBISCUS AVE PALM BEACH FL 33480 4634

Sales Information

Sales Date	Price	OR Book/Page	Sale Type	Owner
04/30/2018	$10	29825 / 01448	WARRANTY DEED	HOVSEPIAN SUREN &
04/01/1994	$900,000	08229 / 01322	WARRANTY DEED

Exemption Information

Applicant/Owner(s)	Year	Detail
HOVSEPIAN SUREN &	2026	ADDITIONAL HOMESTEAD
HOVSEPIAN SUREN &	2026	HOMESTEAD

Appraisals

Tax Year	2026	2025	2024	2023	2022
Improvement Value	$2,893,832	$2,663,210	$3,339,650	$2,367,480	$2,174,373
Land Value	$4,619,060	$4,365,575	$3,661,450	$3,120,753	$2,623,996
Total Market Value	$7,512,892	$7,028,785	$7,001,100	$5,488,233	$4,798,369

Assessed and Taxable Values

Tax Year	2026	2025	2024	2023	2022
Assessed Value	$1,386,228	$1,349,784	$1,311,743	$1,273,537	$1,236,444
Exemption Amount	$51,411	$50,722	$50,000	$50,000	$50,000
Taxable Value	$1,334,817	$1,299,062	$1,261,743	$1,223,537	$1,186,444

Taxes

Tax Year	2026	2025	2024	2023	2022
AD VALOREM	$19,952	$19,478	$18,920	$18,530	$18,547
NON AD VALOREM	$871	$863	$856	$783	$780
TOTAL TAX	$20,823	$20,341	$19,776	$19,313	$19,327

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