Property Detail
Location Address :
550 ISLAND DR
Municipality :
PALM BEACH
Parcel Control Number :
50-43-43-27-03-000-0361
Subdivision :
EVERGLADES ISLAND PL 3 IN
Official Records Book/Page :
35489
/
1683
Sale Date :
01/08/2025
Legal Description :
EVERGLADES ISLAND PL NO 3 S 50 FT OF LT 36 & LT 38
Owner Information
Owner(s)
Mailing Address
260N PROPERTY LIMITED PARTNERSHIP
1128 YONGE STREET 2ND FLOOR TORONTO ON M4W 2L8 CANADA
Sales Information
Sales Date
Price
OR Book/Page
Sale Type
Owner
01/08/2025
$25,400,000
35489 / 01683
WARRANTY DEED
260N PROPERTY LIMITED PARTNERSHIP
06/06/2014
$9,000,000
26859 / 00746
WARRANTY DEED
THORNBURGH RICHARD E &
05/30/2002
$4,190,000
13784 / 00844
WARRANTY DEED
KEAN IAN M
05/01/2000
$3,500,000
11756 / 00402
WARRANTY DEED
WOLF STEPHEN M
01/01/1980
$100
03291 / 00209
Exemption Information
Applicant/Owner(s)
Year
Detail
THORNBURGH RICHARD E &
2025
HOMESTEAD
THORNBURGH RICHARD E &
2025
ADDITIONAL HOMESTEAD
Appraisals
Tax Year
2025
2024
2023
2022
2021
Improvement Value
$1,993,043
$467,250
$468,971
$315,158
$229,141
Land Value
$18,783,350
$21,918,092
$20,918,092
$17,943,720
$10,663,535
Total Market Value
$20,776,393
$22,385,342
$21,387,063
$18,258,878
$10,892,676
Assessed and Taxable Values
Tax Year
2025
2024
2023
2022
2021
Assessed Value
$8,377,882
$8,141,771
$7,904,632
$7,667,604
$7,444,276
Exemption Amount
$50,722
$50,000
$50,000
$50,000
$50,000
Taxable Value
$8,327,160
$8,091,771
$7,854,632
$7,617,604
$7,394,276
Taxes
Tax Year
2025
2024
2023
2022
2021
AD VALOREM
$123,994
$120,486
$118,080
$118,199
$120,145
NON AD VALOREM
$414
$388
$376
$1,498
$2,000
TOTAL TAX
$124,408
$120,874
$118,456
$119,697
$122,145
Dorothy Jacks, CFA, AAS PALM BEACH COUNTY PROPERTY APPRAISER www.pbcpao.gov