1290 N OCEAN BLVD, PALM BEACH, FL 33480

Parcel: 50434303060000251 · Single Family · Zoning: 001

Assessed Value (2026)
$6,880,356

Property Details

Year Built
1955
Lot Sqft
18,429

Sales History

1
$11,000,000
2019-05-30

Tax Assessment History

$6,880,356
Assessed (2026)
$20,805,340
Market Value
$6,829,634
Taxable Value
$139,046
Annual Tax
2025
$6,880,356
$20,805,336
2026
$6,880,356
$20,805,340
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $6,880,356 $20,805,340 $6,829,634 $139,046
2025 $6,880,356 $20,805,336 $6,855,356 $139,570

About 1290 N OCEAN BLVD, PALM BEACH, FL 33480

1290 N OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1955 on a 18,429 square foot lot. The property is currently owned by WOMBLE MATTHEW C & WOMBLE ASTRID C, 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 2019-05-30 for $11,000,000. The 2026 assessed value is $6,880,356 with a market value of $20,805,340. This breaks down to $17,149,080 for the land and $3,656,256 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 $8,116,712 recorded against this property. 1290 N OCEAN BLVD, 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 63% 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

WOMBLE MATTHEW C & WOMBLE ASTRID C
1290 N OCEAN BLVD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$74,707 — $137,031
Flood $400 — $800
Property/Wind $74,307 — $136,231

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 2.5% rate
$9,300,000
~$8,116,712 bal.
FIRST REPUBLIC BANK · 2021-02-08
Est. Total Balance $8,116,712
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales