1233 N OCEAN WAY, PALM BEACH, FL 33480
Parcel: 50434303040000103 · Single Family · Zoning: 001
Assessed Value (2026)
$7,139,122
Property Details
Year Built
2017
Lot Sqft
12,249
Sales History
1
$7,000,000
2020-11-08
Tax Assessment History
$7,139,122
Assessed (2026)
$8,265,145
Market Value
$7,139,122
Taxable Value
$145,347
Annual Tax
2025
$8,265,145
2026
$7,139,122
$8,265,145
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $7,139,122 | $8,265,145 | $7,139,122 | $145,347 | $6,654,880 | $1,610,265 |
| 2025 | $8,265,145 | $8,265,145 | $8,265,145 | $168,272 | $6,654,880 | $1,610,265 |
About 1233 N OCEAN WAY, PALM BEACH, FL 33480
1233 N OCEAN WAY, PALM BEACH, FL 33480 is a property built in 2017 on a 12,249 square foot lot. The property is currently owned by NORMAN SCOTT R, 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 2020-11-08 for $7,000,000. The 2026 assessed value is $7,139,122 with a market value of $8,265,145. This breaks down to $6,654,880 for the land and $1,610,265 for the building.
The assessed value decreased 14% from $8,265,145 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 $4,222,023 recorded against this property. 1233 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 102% of the most recent sale price..
Current Owner
NORMAN SCOTT R
4100 MOUNTAIN VIEW AVE, CHATTANOOGA, TN, 37415
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$38,951 — $65,052
Flood $400 — $800
Property/Wind $38,551 — $64,252
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 2.25% rate
$4,900,000
UBS BANK USA · 2020-11-20
Est. Total Balance $4,222,023
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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