259 MERRAIN RD, PALM BEACH, FL 33480

Parcel: 50434303050000060 · Single Family · Zoning: 001

Assessed Value (2026)
$6,612,955

Property Details

Year Built
2001
Lot Sqft
16,618

Sales History

1
$15,153,700
2025-04-01
2
$15,153,700
2025-04-23
3
$15,153,700
2025-05-06

Tax Assessment History

$6,612,955
Assessed (2026)
$13,827,730
Market Value
$6,562,233
Taxable Value
$133,602
Annual Tax
2025
$6,612,955
$13,827,732
2026
$6,612,955
$13,827,730
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $6,612,955 $13,827,730 $6,562,233 $133,602
2025 $6,612,955 $13,827,732 $6,587,955 $134,125

About 259 MERRAIN RD, PALM BEACH, FL 33480

259 MERRAIN RD, PALM BEACH, FL 33480 is a property built in 2001 on a 16,618 square foot lot. The property is currently owned by JORDAN GERALD R & JORDAN DARLENE L, 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 2025-05-06 for $15,153,700. There are 3 recorded sales for this property. The 2026 assessed value is $6,612,955 with a market value of $13,827,730.

This breaks down to $8,551,450 for the land and $5,276,282 for the building. 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 $9,845,684 recorded against this property. 259 MERRAIN RD, 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 complete ownership history of this property spans from 2025 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 44% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

JORDAN GERALD R & JORDAN DARLENE L
203 S LAKE TRL, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$48,013 — $84,123
Flood $400 — $800
Property/Wind $47,613 — $83,323

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 5.625% rate
$10,000,000
~$9,845,684 bal.
JPMORGAN CHASE BANK NA · 2025-05-06
1 satisfied mortgage
SATISFIED 2020-07-29
$3,083,000
CITY NATIONAL BANK
Est. Total Balance $9,845,684
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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