1497 N OCEAN WAY, PALM BEACH, FL 33480
Parcel: 50434234020000100 · Single Family · Zoning: 001
Property Details
Sales History
Tax Assessment History
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $13,281,890 | $33,332,790 | $13,231,170 | $269,376 | $29,984,040 | $3,348,748 |
| 2025 | $13,281,889 | $33,332,788 | $13,256,889 | $269,900 | $29,984,040 | $3,348,748 |
About 1497 N OCEAN WAY, PALM BEACH, FL 33480
1497 N OCEAN WAY, PALM BEACH, FL 33480 is a property built in 1934 on a 27,763 square foot lot. The property is currently owned by BROWNE WILLIAM H & BROWNE CAROL D, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2006-12-27 for $10,820,925. The 2026 assessed value is $13,281,890 with a market value of $33,332,790. This breaks down to $29,984,040 for the land and $3,348,748 for the building.
The assessed value increased 0% from $13,281,889 in 2025. The property has the following tax exemptions: homestead. The median household income in this area is $250,001, and the median home value is $2,000,001.
The population density is 1,713 people per square mile. 1497 N OCEAN WAY, PALM BEACH, FL 33480 is located in PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this PALM BEACH property are sourced from palm_beach County public records.
The current assessed value represents 123% 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
Est. Annual Insurance
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.