1305 N OCEAN WAY, PALM BEACH, FL 33480
Parcel: 50434234110000142 · Single Family · Zoning: 001
Assessed Value (2026)
$4,501,234
Property Details
Year Built
1955
Lot Sqft
9,814
Sales History
1
$2,895,000
2019-02-19
Tax Assessment History
$4,501,234
Assessed (2026)
$6,067,939
Market Value
$4,501,234
Taxable Value
$91,642
Annual Tax
2025
$6,067,939
2026
$4,501,234
$6,067,939
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $4,501,234 | $6,067,939 | $4,501,234 | $91,642 | $5,226,970 | $840,969 |
| 2025 | $6,067,939 | $6,067,939 | $6,067,939 | $123,538 | $5,226,970 | $840,969 |
About 1305 N OCEAN WAY, PALM BEACH, FL 33480
1305 N OCEAN WAY, PALM BEACH, FL 33480 is a property built in 1955 on a 9,814 square foot lot. The property is currently owned by 1305 N OCEAN WAY LLC, 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 2019-02-19 for $2,895,000. The 2026 assessed value is $4,501,234 with a market value of $6,067,939. This breaks down to $5,226,970 for the land and $840,969 for the building.
The assessed value decreased 26% from $6,067,939 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 $3,418,210 recorded against this property. 1305 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 155% 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
1305 N OCEAN WAY LLC
1001 19TH ST N # 1211, ARLINGTON, VA, 22209
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$49,013 — $89,924
Flood $400 — $800
Property/Wind $48,613 — $89,124
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 5% rate
$3,600,000
US BANK · 2023-03-13
Est. Total Balance $3,418,210
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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