1220 N OCEAN BLVD, PALM BEACH, FL 33480
Parcel: 50434303090000190 · Single Family · Zoning: 001
Assessed Value (2026)
$6,951,733
Property Details
Year Built
1956
Lot Sqft
23,369
Sales History
1
$525,000
1994-08-02
Tax Assessment History
$6,951,733
Assessed (2026)
$19,282,810
Market Value
$6,901,011
Taxable Value
$140,499
Annual Tax
2025
$6,951,733
$19,282,808
2026
$6,951,733
$19,282,810
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $6,951,733 | $19,282,810 | $6,901,011 | $140,499 | $19,082,670 | $200,140 |
| 2025 | $6,951,733 | $19,282,808 | $6,926,733 | $141,023 | $19,082,668 | $200,140 |
About 1220 N OCEAN BLVD, PALM BEACH, FL 33480
1220 N OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1956 on a 23,369 square foot lot. The property is currently owned by LORENZ JEFFREY J, 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 1994-08-02 for $525,000. The 2026 assessed value is $6,951,733 with a market value of $19,282,810. This breaks down to $19,082,670 for the land and $200,140 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.
1220 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 1324% 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..
Current Owner
LORENZ JEFFREY J
1220 N OCEAN BLVD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$75,478 — $138,444
Flood $400 — $800
Property/Wind $75,078 — $137,644
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
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