239 MONTEREY RD, PALM BEACH, FL 33480
Parcel: 50434303130000121 · Single Family · Zoning: 001
Assessed Value (2026)
$9,011,092
Property Details
Year Built
2021
Lot Sqft
10,200
Sales History
1
$6,500,000
2022-05-10
2
$11,156,475+72%
2025-05-01
3
$11,156,475
2025-05-20
4
$11,156,475
2025-06-06
Tax Assessment History
$9,011,092
Assessed (2026)
$10,380,910
Market Value
$9,011,092
Taxable Value
$183,459
Annual Tax
2025
$10,380,912
2026
$9,011,092
$10,380,910
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $9,011,092 | $10,380,910 | $9,011,092 | $183,459 | $5,421,900 | $4,959,012 |
| 2025 | $10,380,912 | $10,380,912 | $10,380,912 | $211,347 | $5,421,900 | $4,959,012 |
About 239 MONTEREY RD, PALM BEACH, FL 33480
239 MONTEREY RD, PALM BEACH, FL 33480 is a property built in 2021 on a 10,200 square foot lot. The property is currently owned by LANDRUM LEE R LANDRUM LEE R TR, 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 2025-06-06 for $11,156,475. There are 4 recorded sales for this property. The 2026 assessed value is $9,011,092 with a market value of $10,380,910.
This breaks down to $5,421,900 for the land and $4,959,012 for the building. The assessed value decreased 13% from $10,380,912 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. There are active mortgage liens totaling $5,944,091 recorded against this property.
239 MONTEREY 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 complete ownership history of this property spans from 2022 to 2025, with 4 recorded transactions in the public record.
The current assessed value represents 81% of the most recent sale price..
Current Owner
LANDRUM LEE R LANDRUM LEE R TR
239 MONTEREY RD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$49,059 — $81,899
Flood $400 — $800
Property/Wind $48,659 — $81,099
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 5.25% rate
$6,000,000
UBS BANK USA · 2025-11-05
Est. Total Balance $5,944,091
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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