258 WELLS RD, PALM BEACH, FL 33480
Parcel: 50434314070000220 · Single Family · Zoning: 001
Assessed Value (2026)
$11,960,110
Property Details
Year Built
1930
Lot Sqft
19,500
Sales History
1
$8,950,000
2021-01-11
Tax Assessment History
$11,960,110
Assessed (2026)
$11,960,110
Market Value
$11,960,110
Taxable Value
$243,498
Annual Tax
2025
$11,960,114
2026
$11,960,110
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $11,960,110 | $11,960,110 | $11,960,110 | $243,498 | $9,997,500 | $1,962,614 |
| 2025 | $11,960,114 | $11,960,114 | $11,960,114 | $243,498 | $9,997,500 | $1,962,614 |
About 258 WELLS RD, PALM BEACH, FL 33480
258 WELLS RD, PALM BEACH, FL 33480 is a property built in 1930 on a 19,500 square foot lot. The property is currently owned by BEAR 258 LLC, 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 2021-01-11 for $8,950,000. The 2026 assessed value is $11,960,110 with a market value of $11,960,110. This breaks down to $9,997,500 for the land and $1,962,614 for the building.
The assessed value decreased 0% from $11,960,114 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.
There are active mortgage liens totaling $340,281 recorded against this property. 258 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 current assessed value represents 134% 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
BEAR 258 LLC
258 WELLS RD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$129,569 — $237,610
Flood $400 — $800
Property/Wind $129,169 — $236,810
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
$365,000
AMARILLO NATIONAL BANK · 2020-10-30
Est. Total Balance $340,281
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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