129 ISLAND DR S, OCEAN RIDGE, FL 33435

Parcel: 46434522100001290 · Single Family · Zoning: 001

Assessed Value (2026)
$508,205

Property Details

Year Built
1961
Lot Sqft
13,435

Sales History

1
$375,000
1991-05-01

Tax Assessment History

$508,205
Assessed (2026)
$2,286,694
Market Value
$457,483
Taxable Value
$9,314
Annual Tax
2025
$508,205
$2,286,694
2026
$508,205
$2,286,694
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $508,205 $2,286,694 $457,483 $9,314
2025 $508,205 $2,286,694 $483,205 $9,838

About 129 ISLAND DR S, OCEAN RIDGE, FL 33435

129 ISLAND DR S, OCEAN RIDGE, FL 33435 is a property built in 1961 on a 13,435 square foot lot. The property is currently owned by SHEER THOMAS L & SHEER LUISA M, 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 1991-05-01 for $375,000. The 2026 assessed value is $508,205 with a market value of $2,286,694. This breaks down to $2,160,000 for the land and $126,694 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 $103,125, and the median home value is $845,000. The population density is 1,672 people per square mile. 129 ISLAND DR S, OCEAN RIDGE, FL 33435 is located in OCEAN RIDGE, Florida.

Property records, tax assessments, sales history, and ownership information for this OCEAN RIDGE property are sourced from palm_beach County public records. The current assessed value represents 136% 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..

Current Owner

SHEER THOMAS L & SHEER LUISA M
129 ISLAND DR S, OCEAN RIDGE, FL, 33435
Since: 2026-04-03
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,888 — $10,862
Flood $400 — $800
Property/Wind $5,488 — $10,062

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$103,125
Median Home Value$845,000
Pop. Density1,672/sq mi

Neighborhood 33435

60.6%
Owner-Occ
39.4%
Investor
9,818
Flips (4yr)
4,046
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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