245 JAMAICA LN, PALM BEACH, FL 33480

Parcel: 50434310010000080 · Single Family · Zoning: 001

Assessed Value (2026)
$6,958,557

Property Details

Year Built
2017
Lot Sqft
24,364

Sales History

1
$2,350,000
2015-05-08

Tax Assessment History

$6,958,557
Assessed (2026)
$15,986,330
Market Value
$6,907,835
Taxable Value
$140,638
Annual Tax
2025
$6,958,557
$15,986,330
2026
$6,958,557
$15,986,330
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $6,958,557 $15,986,330 $6,907,835 $140,638
2025 $6,958,557 $15,986,330 $6,933,557 $141,162

About 245 JAMAICA LN, PALM BEACH, FL 33480

245 JAMAICA LN, PALM BEACH, FL 33480 is a property built in 2017 on a 24,364 square foot lot. The property is currently owned by MARTINEZ ROMAN IV & MARTINEZ HELENA H, 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 2015-05-08 for $2,350,000. The 2026 assessed value is $6,958,557 with a market value of $15,986,330. This breaks down to $12,839,410 for the land and $3,146,920 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.

245 JAMAICA 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 296% 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

MARTINEZ ROMAN IV & MARTINEZ HELENA H
248 TRADEWIND DR, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$37,976 — $63,427
Flood $400 — $800
Property/Wind $37,576 — $62,627

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 →
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