242 TANGIER AVE, PALM BEACH, FL 33480

242 TANGIER AVE, PALM BEACH, FL 33480 is a property built in 2008 on a 13,760 square foot lot. The property is currently owned by FORNES MANAGEMENT TRUST FORNES DONALD 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 2026-02-19 for $15,370,000. The 2026 assessed value is $9,882,901 with a market value of $12,784,850. This breaks down to $7,086,400 for the land and $5,698,446 for the building.

The assessed value decreased 23% from $12,784,846 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.

242 TANGIER AVE, 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 2026 to 2026, with 2 recorded transactions in the public record.

The current assessed value represents 64% 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..