1237 N OCEAN WAY, PALM BEACH, FL 33480

1237 N OCEAN WAY, PALM BEACH, FL 33480 is a property built in 2013 on a 40,548 square foot lot. The property is currently owned by SMITH MATTHEW K & SMITH TRACY E, 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 2010-08-27 for $6,800,000. The 2026 assessed value is $16,013,520 with a market value of $49,954,220. This breaks down to $30,869,540 for the land and $19,084,680 for the building.

The assessed value increased 0% from $16,013,515 in 2025. 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. 1237 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 235% 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..