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
No Exemption Information Available.
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $2,248,236 $1,993,043 $467,250 $468,971 $315,158
Land Value $18,783,350 $18,783,350 $21,918,092 $20,918,092 $17,943,720
Total Market Value $21,031,586 $20,776,393 $22,385,342 $21,387,063 $18,258,878
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $21,031,586 $8,377,882 $8,141,771 $7,904,632 $7,667,604
Exemption Amount $0 $50,722 $50,000 $50,000 $50,000
Taxable Value $21,031,586 $8,327,160 $8,091,771 $7,854,632 $7,617,604
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $311,751 $123,979 $120,486 $118,080 $118,199
NON AD VALOREM $434 $410 $388 $376 $1,498
TOTAL TAX $312,185 $124,389 $120,874 $118,456 $119,697
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov