1520 N OCEAN WAY, PALM BEACH, FL 33480
Parcel: 50434234020000191 · Single Family · Zoning: 001
Assessed Value (2026)
$4,532,309
Property Details
Year Built
1959
Lot Sqft
13,295
Sales History
1
$1,406,000
2004-03-23
Tax Assessment History
$4,532,309
Assessed (2026)
$7,282,481
Market Value
$4,532,309
Taxable Value
$92,274
Annual Tax
2025
$7,282,481
2026
$4,532,309
$7,282,481
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $4,532,309 | $7,282,481 | $4,532,309 | $92,274 | $6,973,025 | $309,456 |
| 2025 | $7,282,481 | $7,282,481 | $7,282,481 | $148,265 | $6,973,025 | $309,456 |
About 1520 N OCEAN WAY, PALM BEACH, FL 33480
1520 N OCEAN WAY, PALM BEACH, FL 33480 is a property built in 1959 on a 13,295 square foot lot. The property is currently owned by STEPAN BEQAJ 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 2004-03-23 for $1,406,000. The 2026 assessed value is $4,532,309 with a market value of $7,282,481. This breaks down to $6,973,025 for the land and $309,456 for the building.
The assessed value decreased 38% from $7,282,481 in 2025. 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.
There are active mortgage liens totaling $1,053,073 recorded against this property. 1520 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 322% 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
STEPAN BEQAJ JENNIFER
1520 N OCEAN WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$49,348 — $90,539
Flood $400 — $800
Property/Wind $48,948 — $89,739
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
Mortgages
ACTIVE
$1,134,589
MORGAN STANLEY PRIVATE BANK NA · 2020-07-07
Est. Total Balance $1,053,073
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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