218 MERRAIN RD, PALM BEACH, FL 33480
Parcel: 50434303060000290 · Single Family · Zoning: 001
Assessed Value (2026)
$6,883,797
Property Details
Year Built
1938
Lot Sqft
12,770
Sales History
1
$6,475,000
2021-05-10
Tax Assessment History
$6,883,797
Assessed (2026)
$7,019,310
Market Value
$6,833,075
Taxable Value
$139,116
Annual Tax
2025
$6,883,797
$7,019,310
2026
$6,883,797
$7,019,310
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $6,883,797 | $7,019,310 | $6,833,075 | $139,116 | $6,719,750 | $299,560 |
| 2025 | $6,883,797 | $7,019,310 | $6,858,797 | $139,640 | $6,719,750 | $299,560 |
About 218 MERRAIN RD, PALM BEACH, FL 33480
218 MERRAIN RD, PALM BEACH, FL 33480 is a property built in 1938 on a 12,770 square foot lot. The property is currently owned by KEITH ROBERT M JR & KEITH KATE L, 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 2021-05-10 for $6,475,000. The 2026 assessed value is $6,883,797 with a market value of $7,019,310. This breaks down to $6,719,750 for the land and $299,560 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 $3,431,933 recorded against this property. 218 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 current assessed value represents 106% of the most recent sale price..
Current Owner
KEITH ROBERT M JR & KEITH KATE L
218 MERRAIN RD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$74,745 — $137,099
Flood $400 — $800
Property/Wind $74,345 — $136,299
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 2.75% rate
$3,885,000
FIRST REPUBLIC BANK · 2021-05-18
Est. Total Balance $3,431,933
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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