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Property Detail
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Location Address 525 OKEECHOBEE BLVD
Municipality WEST PALM BEACH
Parcel Control Number 74-43-43-21-13-002-0040
Subdivision CITYPLACE PL 1
Official Records Book/Page 32507 / 1235
Sale Date APR-2021
Legal Description CITYPLACE PL 1 SLY 186.64 FT OF ELY 349.66 FT OF TR B K/A CITYPLACE TOWER OVERALL PAR IN OR23043P1739
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Owner Information
Change of Address
Owner(s)
525 OKEECHOBEE LLC
Mailing Address
RELATED COMPAIES LP C/O 501 FERN ST STE 105
WEST PALM BEACH FL 33401 5755
Sales Information
Sales DatePriceOR Book/Page Sale Type SearchIcon Owner
APR-2021$175,000,000 32507 / 01235SearchIcon WARRANTY DEED 525 OKEECHOBEE LLC
AUG-2014$150,000,000 26998 / 00256SearchIcon WARRANTY DEED CPT EQUITY LLC
APR-2011$126,500,000 24461 / 01540SearchIcon WARRANTY DEED KBSII CITYPLACE TOWER LLC
AUG-2008$836,900 22885 / 01534SearchIcon WARRANTY DEED CITYPLACE OFFICE 1 LLC
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
No Exemption Information Available.
Property Information
Tangible Account(s)
Subarea and Sq. Footage for Building 1
Code Description Sq. Footage
OFFICES 10568
LOBBY 4336
SUPPORT 3075
PARKING LEVEL FLOORS 0
PARKING LEVEL FLOORS 0
OFFICES 25781
OFFICES 14673
OFFICES 11108
OFFICES 15109
OFFICES 10672
OFFICES 25781
OFFICES 25781
OFFICES 25781
OFFICES 25781
OFFICES 25781
OFFICES 51562
OFFICES 25781
SUPPORT 1949
Total Square Footage : 303519
Number of Units    View Building Details
Total Square Feet* 306027
Acres 1.2455
Property Use Code SearchIcon 1800 - OFFICE BLDG- NON MEDICAL 4 STORIES & UP
Zoning SearchIcon CPD - COMMERCIAL PLANNED DEV ( 74-WEST PALM BEACH )
* May indicate living area in residential properties.
Structural Element for Building 1
1. Year Built 2008
2. OFFICE H-R 5ST 303519
Sketch for Building 1
Sketch
Number of Units *Total Square Feet 306027 Acres 1.2455
Use Code 1800 - OFFICE BLDG- NON MEDICAL 4 STORIES & UP Zoning CPD - COMMERCIAL PLANNED DEV ( 74-WEST PALM BEACH )
* May indicate living area in residential properties.
Appraisals SearchIcon
Show 5 year   | Show 10 year
Tax Year 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Improvement Value $106,488,660 $105,602,576 $103,563,782 $93,469,093 $101,093,384 $102,183,543 $101,643,378 $95,336,217 $89,562,394 $74,224,147
Land Value $40,888,400 $38,941,300 $33,385,905 $33,385,905 $31,796,100 $30,870,000 $29,400,000 $28,000,000 $26,855,730 $26,855,730
Total Market Value $147,377,060 $144,543,876 $136,949,687 $126,854,998 $132,889,484 $132,400,000 $131,043,378 $123,336,217 $116,418,124 $101,079,877
All values are as of January 1st each year
Assessed and Taxable Values
Show 5 year   | Show 10 year
Tax Year 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Assessed Value $147,377,060 $144,543,876 $136,949,687 $126,854,998 $132,889,484 $132,400,000 $131,043,378 $123,336,217 $116,418,124 $101,079,877
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $147,377,060 $144,543,876 $136,949,687 $126,854,998 $132,889,484 $132,400,000 $131,043,378 $123,336,217 $116,418,124 $101,079,877
Taxes
Show 5 year   | Show 10 year
Tax Year 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Ad Valorem $3,036,292 $3,046,927 $2,978,217 $2,787,042 $2,946,957 $2,864,712 $2,876,101 $2,765,704 $2,683,042 $2,352,169
Non Ad Valorem $95,752 $92,768 $89,783 $88,290 $90,380 $77,220 $69,532 $63,472 $64,026 $68,176
Total tax $3,132,044 $3,139,695 $3,068,000 $2,875,332 $3,037,337 $2,941,932 $2,945,633 $2,829,176 $2,747,068 $2,420,345
 
*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