257 W INDIES DR, PALM BEACH, FL 33480

Parcel: 50434310060000130 · Single Family · Zoning: 001

Assessed Value (2026)
$9,319,883

Property Details

Year Built
1961
Lot Sqft
14,648

Sales History

1
$12,500,000
2024-05-01
2
$12,500,000
2024-05-20
3
$12,500,000
2024-05-22

Tax Assessment History

$9,319,883
Assessed (2026)
$9,319,883
Market Value
$9,269,161
Taxable Value
$188,713
Annual Tax
2025
$9,319,883
2026
$9,319,883
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $9,319,883 $9,319,883 $9,269,161 $188,713
2025 $9,319,883 $9,319,883 $9,294,883 $189,236

About 257 W INDIES DR, PALM BEACH, FL 33480

257 W INDIES DR, PALM BEACH, FL 33480 is a property built in 1961 on a 14,648 square foot lot. The property is currently owned by NEWTON JEFFREY T & PALANDJIAN MARIE L, 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 2024-05-22 for $12,500,000. There are 3 recorded sales for this property. The 2026 assessed value is $9,319,883 with a market value of $9,319,883.

This breaks down to $7,543,720 for the land and $1,776,163 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. There are active mortgage liens totaling $2,722,837 recorded against this property. 257 W INDIES DR, 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 2024 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 75% of the most recent sale price..

Current Owner

NEWTON JEFFREY T & PALANDJIAN MARIE L
257 W INDIES DR, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$101,054 — $185,333
Flood $400 — $800
Property/Wind $100,654 — $184,533

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 3.25% rate
$3,075,600
~$2,722,837 bal.
FIRST REPUBLIC BANK · 2021-03-03
Est. Total Balance $2,722,837
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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