240 QUEENS LN, PALM BEACH, FL 33480
Parcel: 50434303120000850 · Single Family · Zoning: 001
Assessed Value (2026)
$3,389,834
Property Details
Year Built
1940
Lot Sqft
7,520
Sales History
1
$2,600,000
2018-04-04
Tax Assessment History
$3,389,834
Assessed (2026)
$4,397,709
Market Value
$3,389,834
Taxable Value
$69,014
Annual Tax
2025
$4,397,709
2026
$3,389,834
$4,397,709
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $3,389,834 | $4,397,709 | $3,389,834 | $69,014 | $4,068,500 | $329,209 |
| 2025 | $4,397,709 | $4,397,709 | $4,397,709 | $89,534 | $4,068,500 | $329,209 |
About 240 QUEENS LN, PALM BEACH, FL 33480
240 QUEENS LN, PALM BEACH, FL 33480 is a property built in 1940 on a 7,520 square foot lot. The property is currently owned by RILEY MICHAEL T & RILEY JENNIFER J, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2018-04-04 for $2,600,000. The 2026 assessed value is $3,389,834 with a market value of $4,397,709. This breaks down to $4,068,500 for the land and $329,209 for the building.
The assessed value decreased 23% from $4,397,709 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.
240 QUEENS LN, 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 130% 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
RILEY MICHAEL T & RILEY JENNIFER J
235 TOURAINE RD, GROSSE POINTE, MI, 48236
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$37,010 — $67,918
Flood $400 — $800
Property/Wind $36,610 — $67,118
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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