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Property Detail
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Location Address 488 ISLAND DR
Municipality PALM BEACH
Parcel Control Number 50-43-43-27-03-000-0251
Subdivision EVERGLADES ISLAND PL 3 IN
Official Records Book/Page 30101 / 732
Sale Date AUG-2018
Legal Description EVERGLADES ISLAND PLAT 3 LT 25 (LESS W 17.23 FT)
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Owner Information
Change of Address
Owner(s)
FEINSTEIN RICHARD
FEINSTEIN JEFFREY TR
FEINSTEIN RICHARD TR
RICHARD FEINSTEIN ET AL TR TITL HLDRS
Mailing Address
488 ISLAND DR
PALM BEACH FL 33480 4749
Sales Information
Sales DatePriceOR Book/Page Sale Type SearchIcon Owner
AUG-2018$21,000,000 30101 / 00732SearchIcon WARRANTY DEED RSF TRUST
MAR-2015$8,365,728 27444 / 00426SearchIcon WARRANTY DEED 488 ISLAND DRIVE LLC
FEB-1994$100 08134 / 00772SearchIcon WARRANTY DEED GERTRUD TURKLITZ 482 ISLAND DR AG
MAY-1993$1,400,000 07709 / 00461SearchIcon WARRANTY DEED  
NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date. If a recent sale does not show up in this list, please allow more time for the sale record to be processed.
Exemption Information
Portability Calculator
Save Our Homes (SOH) Base Year: 2019
Exemption Year: 2021
Applicant/OwnerYearDetail
FEINSTEIN RICHARD 2021 HOMESTEAD
2021 ADDITIONAL HOMESTEAD
Property Information
Subarea and Sq. Footage for Building 1
Code Description Sq. Footage
BLC Balcony 53
BLC Balcony 36
FUS Finished Upper Story 529
FGR Finished Garage 529
BAS Base Area 3647
FUS Finished Upper Story 4100
FOP Finished Open Porch 140
FOP Finished Open Porch 110
FOP Finished Open Porch 400
FDG Finished Det. Garage 529
Total Square Footage : 10073
Total Area Under Air : 8276

Number of Units 1   View Building Details
Total Square Feet* 10073
Acres 0.5363
Property Use Code SearchIcon 0100 - SINGLE FAMILY
Zoning SearchIcon R-B - Low Density Residential ( 50-PALM BEACH )
* May indicate living area in residential properties.
Structural Element for Building 1
1. Exterior Wall 1 MSY: CB STUCCO
2. Year Built 2018
3. Air Condition Desc. HTG & AC
4. Heat Type FORCED AIR DUCT
5. Heat Fuel ELECTRIC
6. Bed Rooms 6
7. Full Baths 7
8. Half Baths
9. Roof Structure WOOD TRUSS
10. Roof Cover CONCRETE TILE
11. Interior Wall 1 DRYWALL
12. Floor Type 1 HARDWOOD
13. Stories 2
Sketch for Building 1
Sketch
Number of Units 1 *Total Square Feet 10073 Acres 0.5363
Use Code 0100 - SINGLE FAMILY Zoning R-B - Low Density Residential ( 50-PALM BEACH )
* May indicate living area in residential properties.
Appraisals SearchIcon
Show 5 year   | Show 10 year
Tax Year 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Improvement Value $4,557,597 $4,258,743 $0 $0 $0 $0 $0 $0 $0 $0
Land Value $14,300,000 $12,870,000 $8,830,758 $8,176,350 $8,176,350 $4,694,760 $4,694,760 $4,082,400 $4,082,400 $4,082,400
Total Market Value $18,857,597 $17,128,743 $8,830,758 $8,176,350 $8,176,350 $4,694,760 $4,694,760 $4,082,400 $4,082,400 $4,082,400
All values are as of January 1st each year
Assessed and Taxable Values
Show 5 year   | Show 10 year
Tax Year 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Assessed Value $17,522,704 $17,128,743 $8,830,758 $8,176,350 $8,176,350 $4,694,760 $4,490,640 $4,082,400 $4,082,400 $4,082,400
Exemption Amount $50,000 $50,000 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $17,472,704 $17,078,743 $8,830,758 $8,176,350 $8,176,350 $4,694,760 $4,490,640 $4,082,400 $4,082,400 $4,082,400
Taxes
Show 5 year   | Show 10 year
Tax Year 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Ad Valorem $288,368 $286,716 $143,915 $136,192 $140,634 $84,107 $83,037 $73,671 $74,850 $76,614
Non Ad Valorem $0 $0 $0 $0 $0 $0 $0 $1,446 $0 $0
Total tax $288,368 $286,716 $143,915 $136,192 $140,634 $84,107 $83,037 $75,117 $74,850 $76,614
 
*Buyers take note: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property. Property Tax Calculator    Property Tax Detail    Tax Collector