318 PALM TRL, DELRAY BEACH, FL 33483

318 PALM TRL, DELRAY BEACH, FL 33483 is a property built in 2023 on a 11,949 square foot lot. The property is currently owned by FORMAN BRETT D & FORMAN JENNIFER, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-02-27 for $1,290,000. The 2026 assessed value is $3,370,727 with a market value of $3,995,529. This breaks down to $1,921,890 for the land and $2,073,639 for the building.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $90,867, and the median home value is $915,600. The population density is 3,664 people per square mile. There are active mortgage liens totaling $1,991,025 recorded against this property.

318 PALM TRL, DELRAY BEACH, FL 33483 is located in DELRAY BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this DELRAY BEACH property are sourced from palm_beach County public records. The current assessed value represents 261% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..