227 OCEAN TER, PALM BEACH, FL 33480
Parcel: 50434303030000131 · Single Family · Zoning: 001
Assessed Value (2026)
$6,807,997
Property Details
Year Built
2020
Lot Sqft
12,376
Sales History
1
$3,400,000
2018-08-27
Tax Assessment History
$6,807,997
Assessed (2026)
$11,423,130
Market Value
$6,807,997
Taxable Value
$138,605
Annual Tax
2025
$11,423,129
2026
$6,807,997
$11,423,130
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $6,807,997 | $11,423,130 | $6,807,997 | $138,605 | $6,520,780 | $4,902,349 |
| 2025 | $11,423,129 | $11,423,129 | $11,423,129 | $232,566 | $6,520,780 | $4,902,349 |
About 227 OCEAN TER, PALM BEACH, FL 33480
227 OCEAN TER, PALM BEACH, FL 33480 is a property built in 2020 on a 12,376 square foot lot. The property is currently owned by 227 OCEAN TERRACE 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 2018-08-27 for $3,400,000. The 2026 assessed value is $6,807,997 with a market value of $11,423,130. This breaks down to $6,520,780 for the land and $4,902,349 for the building.
The assessed value decreased 40% from $11,423,129 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.
227 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 200% 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
227 OCEAN TERRACE LLC
1800 BYBERRY RD STE 1100, HUNTINGDON VALLEY, PA, 19006
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$37,163 — $62,071
Flood $400 — $800
Property/Wind $36,763 — $61,271
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
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