Property Detail
Location Address : 537 ISLAND DR
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-27-03-000-0310
Subdivision : EVERGLADES ISLAND PL 3 IN
Official Records Book/Page : 35388 / 332
Sale Date : 09/15/2024
Legal Description : EVERGLADES ISLAND PL NO 3 LTS 31 & 33
Owner Information
Owner(s) Mailing Address
RAKOLTA TERRY L
RAKOLTA TERRY L &
RAKOLTA JOHN JR TR
RAKOLTA TERRY L TR
TERRY L RAKOLTA ET AL TR TITL HLDRS
537 ISLAND DR
PALM BEACH FL 33480 4746
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
09/15/2024 $10 35388 / 00332 WARRANTY DEED RAKOLTA TERRY L &
12/28/2017 $1 29556 / 01998 DEED OF TRUST RAKOLTA TERRY L &
07/01/1995 $1,800,000 08827 / 01563 DEED OF TRUST RAKOLTA TERRY L
05/01/1992 $100 07286 / 01088 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
RAKOLTA TERRY L & 2026 ADDITIONAL HOMESTEAD
RAKOLTA TERRY L & 2026 HOMESTEAD
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $11,745,126 $11,225,046 $12,306,860 $12,975,876 $9,734,004
Land Value $26,822,600 $21,662,000 $21,645,380 $20,645,380 $17,795,800
Total Market Value $38,567,726 $32,887,046 $33,952,240 $33,621,256 $27,529,804
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $11,128,339 $10,835,773 $10,530,392 $10,223,682 $9,925,905
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $11,076,928 $10,785,051 $10,480,392 $10,173,682 $9,875,905
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $164,359 $160,526 $156,005 $152,895 $153,191
NON AD VALOREM $217 $205 $194 $188 $1,314
TOTAL TAX $164,576 $160,731 $156,199 $153,083 $154,505
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov