125 WELLS RD, PALM BEACH, FL 33480

Parcel: 50434314080000021 · Single Family · Zoning: 001

Assessed Value (2026)
$24,976,490

Property Details

Year Built
1992
Lot Sqft
25,539

Sales History

1
N/A
2022-12-13
2
$37,000,000
2023-07-10
3
$37,000,000
2023-08-04

Tax Assessment History

$24,976,490
Assessed (2026)
$24,976,490
Market Value
$24,925,770
Taxable Value
$507,469
Annual Tax
2025
$24,976,493
2026
$24,976,490
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $24,976,490 $24,976,490 $24,925,770 $507,469
2025 $24,976,493 $24,976,493 $24,951,493 $507,992

About 125 WELLS RD, PALM BEACH, FL 33480

125 WELLS RD, PALM BEACH, FL 33480 is a property built in 1992 on a 25,539 square foot lot. The property is currently owned by BAIER WILLIAM B & BAIER AMY, 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 2023-08-04 for $37,000,000. There are 3 recorded sales for this property. The 2026 assessed value is $24,976,490 with a market value of $24,976,490.

This breaks down to $15,323,400 for the land and $9,653,093 for the building. The assessed value decreased 0% from $24,976,493 in 2025. 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 $23,213,110 recorded against this property.

125 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 2022 to 2023, with 3 recorded transactions in the public record.

The current assessed value represents 68% 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

BAIER WILLIAM B & BAIER AMY
125 WELLS RD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$225,188 — $405,419
Flood $400 — $800
Property/Wind $224,788 — $404,619

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 6.49% rate
$24,050,000
~$23,213,110 bal.
GEORGE MASON MORTGAGE LLC · 2023-08-04
Est. Total Balance $23,213,110
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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