221 OCEAN TER, PALM BEACH, FL 33480

221 OCEAN TER, PALM BEACH, FL 33480 is a property built in 2015 on a 12,433 square foot lot. The property is currently owned by BONNER ELIZABETH & BONNER JAMES CHRISTOPHER, 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 2020-11-14 for $4,875,000. The 2026 assessed value is $7,930,905 with a market value of $7,930,905. This breaks down to $6,549,565 for the land and $1,381,340 for the building.

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.

There are active mortgage liens totaling $3,408,642 recorded against this property. 221 OCEAN TER, 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 163% 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..