1214 N OCEAN BLVD, PALM BEACH, FL 33480

Parcel: 50434303090000200 · Single Family · Zoning: 001

Assessed Value (2026)
$17,848,210

Property Details

Year Built
1951
Lot Sqft
42,892

Sales History

1
$37,000,000
2025-08-01
2
$37,000,000
2025-08-29
3
$37,000,000
2025-09-05

Tax Assessment History

$17,848,210
Assessed (2026)
$28,927,680
Market Value
$17,797,490
Taxable Value
$362,343
Annual Tax
2025
$17,848,211
$28,927,679
2026
$17,848,210
$28,927,680
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $17,848,210 $28,927,680 $17,797,490 $362,343
2025 $17,848,211 $28,927,679 $17,823,211 $362,866

About 1214 N OCEAN BLVD, PALM BEACH, FL 33480

1214 N OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1951 on a 42,892 square foot lot. The property is currently owned by CHESTNUT PARK HOLDINGS LLC, 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 2025-09-05 for $37,000,000. There are 3 recorded sales for this property. The 2026 assessed value is $17,848,210 with a market value of $28,927,680.

This breaks down to $26,500,910 for the land and $2,426,769 for the building. The assessed value decreased 0% from $17,848,211 in 2025. 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 $24,744,741 recorded against this property. 1214 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 complete ownership history of this property spans from 2025 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 48% 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

CHESTNUT PARK HOLDINGS LLC
1214 N OCEAN BLVD, PALM BEACH, FL, 33480
Since: 2026-04-03
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Est. Annual Insurance

$193,160 — $354,194
Flood $400 — $800
Property/Wind $192,760 — $353,394

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 5.375% rate
$25,000,000
~$24,744,741 bal.
JPMORGAN CHASE BANK NA · 2025-09-05
Est. Total Balance $24,744,741
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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