246 WELLS RD, PALM BEACH, FL 33480
Parcel: 50434314070000230 · Single Family · Zoning: 001
Assessed Value (2026)
$6,777,939
Property Details
Year Built
1952
Lot Sqft
19,500
Sales History
1
$550,000
1984-03-01
Tax Assessment History
$6,777,939
Assessed (2026)
$10,162,690
Market Value
$6,777,939
Taxable Value
$137,993
Annual Tax
2025
$10,162,692
2026
$6,777,939
$10,162,690
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $6,777,939 | $10,162,690 | $6,777,939 | $137,993 | $9,997,500 | $165,192 |
| 2025 | $10,162,692 | $10,162,692 | $10,162,692 | $206,904 | $9,997,500 | $165,192 |
About 246 WELLS RD, PALM BEACH, FL 33480
246 WELLS RD, PALM BEACH, FL 33480 is a property built in 1952 on a 19,500 square foot lot. The property is currently owned by GENERAL TRADING CO INC GEORGE ABAD C/O, 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 1984-03-01 for $550,000. The 2026 assessed value is $6,777,939 with a market value of $10,162,690. This breaks down to $9,997,500 for the land and $165,192 for the building.
The assessed value decreased 33% from $10,162,692 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.
246 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 1232% 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
GENERAL TRADING CO INC GEORGE ABAD C/O
455 16TH ST, CARLSTADT, NJ, 07072
Since: 2026-04-03
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Est. Annual Insurance
$73,601 — $135,003
Flood $400 — $800
Property/Wind $73,201 — $134,203
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
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