1230 N OCEAN WAY, PALM BEACH, FL 33480

Parcel: 50434303040000020 · Single Family · Zoning: 001

Assessed Value (2026)
$16,345,570

Property Details

Year Built
2022
Lot Sqft
39,971

Sales History

1
$4,275,000
2015-12-28

Tax Assessment History

$16,345,570
Assessed (2026)
$16,345,570
Market Value
$16,345,570
Taxable Value
$332,783
Annual Tax
2025
$16,345,569
2026
$16,345,570
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $16,345,570 $16,345,570 $16,345,570 $332,783
2025 $16,345,569 $16,345,569 $16,345,569 $332,783

About 1230 N OCEAN WAY, PALM BEACH, FL 33480

1230 N OCEAN WAY, PALM BEACH, FL 33480 is a property built in 2022 on a 39,971 square foot lot. The property is currently owned by N OCEAN 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 2015-12-28 for $4,275,000. The 2026 assessed value is $16,345,570 with a market value of $16,345,570. This breaks down to $10,206,480 for the land and $6,139,094 for the building.

The assessed value increased 0% from $16,345,569 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 $3,643,870 recorded against this property. 1230 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 382% 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

N OCEAN LLC
440 ROYAL PALM WAY STE 101, PALM BEACH, FL, 33480
Since: 2026-04-03
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Est. Annual Insurance

$88,666 — $147,910
Flood $400 — $800
Property/Wind $88,266 — $147,110

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 →

Mortgages

ACTIVE 2.85% rate
$4,000,000
~$3,643,870 bal.
FIRST REPUBLIC BANK · 2022-07-22
Est. Total Balance $3,643,870
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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