1497 N OCEAN WAY, PALM BEACH, FL 33480

Parcel: 50434234020000100 · Single Family · Zoning: 001

Assessed Value (2026)
$13,281,890

Property Details

Year Built
1934
Lot Sqft
27,763

Sales History

1
$10,820,925
2006-12-27

Tax Assessment History

$13,281,890
Assessed (2026)
$33,332,790
Market Value
$13,231,170
Taxable Value
$269,376
Annual Tax
2025
$13,281,889
$33,332,788
2026
$13,281,890
$33,332,790
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $13,281,890 $33,332,790 $13,231,170 $269,376
2025 $13,281,889 $33,332,788 $13,256,889 $269,900

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

BROWNE WILLIAM H & BROWNE CAROL D
400 ROYAL PALM WAY STE 410, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$143,844 — $263,781
Flood $400 — $800
Property/Wind $143,444 — $262,981

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$250,001
Median Home Value$2,000,001
Pop. Density1,713/sq mi

Neighborhood 33480

84.6%
Owner-Occ
15.4%
Investor
6,443
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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