Property Detail
Location Address : 225 CHILEAN AVE
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-23-05-007-0270
Subdivision : ROYAL PARK ADD TO P B IN
Official Records Book/Page : 36369 / 627
Sale Date : 03/05/2026
Legal Description : ROYAL PARK ADD LTS 27 & 28 BLK 7
Owner Information
Owner(s) Mailing Address
MAY MICHAEL J
MAY MICHAEL J TR
MICHAEL J MAY TR TITL HLDR
225 CHILEAN AVE
PALM BEACH FL 33480 4629
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
03/05/2026 $10 36369 / 00627 WARRANTY DEED MAY MICHAEL J
09/01/2004 $2,632,000 17535 / 01032 WARRANTY DEED MAY MICHAEL J
10/10/2003 $4,177,322 16447 / 00521 WARRANTY DEED UNITED PROPERTIES GROUP LLC
02/12/2002 $1,810,676 13449 / 01908 QUIT CLAIM OCEAN DRIVE DEVELOPMENT CORP
02/15/2001 $780,000 12319 / 00465 WARRANTY DEED UNITED PROPERTIES GROUP
02/01/1991 $100 06743 / 00016 QUIT CLAIM
01/01/1972 $120,000 02004 / 01440
Exemption Information
Applicant/Owner(s) Year Detail
MAY MICHAEL J 2026 HOMESTEAD
MAY MICHAEL J 2026 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $3,129,121 $2,859,530 $3,622,726 $2,625,089 $2,414,088
Land Value $5,125,000 $4,843,750 $4,062,500 $3,412,500 $2,871,550
Total Market Value $8,254,121 $7,703,280 $7,685,226 $6,037,589 $5,285,638
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $2,808,117 $2,734,291 $2,657,231 $2,579,836 $2,504,695
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $2,756,706 $2,683,569 $2,607,231 $2,529,836 $2,454,695
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $41,029 $40,065 $38,928 $38,141 $38,199
NON AD VALOREM $993 $977 $963 $886 $880
TOTAL TAX $42,022 $41,041 $39,891 $39,027 $39,079
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov