225 WELLS RD, PALM BEACH, FL 33480
Parcel: 50434314060000150 · Vacant Residential · Zoning: 000
Assessed Value (2026)
$7,210,000
Sales History
1
$11,500,000
2023-05-19
2
$11,500,000
2023-05-26
Tax Assessment History
$7,210,000
Assessed (2026)
$7,210,000
Market Value
$7,210,000
Taxable Value
$146,790
Annual Tax
2025
$7,210,000
2026
$7,210,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $7,210,000 | $7,210,000 | $7,210,000 | $146,790 | $7,210,000 | $0 |
| 2025 | $7,210,000 | $7,210,000 | $7,210,000 | $146,790 | $7,210,000 | $0 |
About 225 WELLS RD, PALM BEACH, FL 33480
225 WELLS RD, PALM BEACH, FL 33480 is a property. The property is currently owned by LLPB TRUST, 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 2023-05-26 for $11,500,000. The 2026 assessed value is $7,210,000 with a market value of $7,210,000. 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 $3,675,637 recorded against this property. 225 WELLS 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 2023 to 2023, with 2 recorded transactions in the public record. The current assessed value represents 63% 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..
Current Owner
LLPB TRUST
225 WELLS RD, PALM BEACH, FL, 33480
Since: 2026-04-03
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Est. Annual Insurance
$65,290 — $117,602
Flood $400 — $800
Property/Wind $64,890 — $116,802
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
$3,900,000
FIRST REPUBLIC BANK · 2021-07-06
Est. Total Balance $3,675,637
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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