109 WELLS RD, PALM BEACH, FL 33480

Parcel: 50434314170000020 · Single Family · Zoning: 001

Assessed Value (2026)
$2,871,626

Property Details

Year Built
1964
Lot Sqft
29,400

Sales History

1
$2,294,700
1993-07-01

Tax Assessment History

$2,871,626
Assessed (2026)
$19,366,400
Market Value
$2,820,904
Taxable Value
$57,431
Annual Tax
2025
$2,871,626
$19,366,396
2026
$2,871,626
$19,366,400
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $2,871,626 $19,366,400 $2,820,904 $57,431
2025 $2,871,626 $19,366,396 $2,846,626 $57,955

About 109 WELLS RD, PALM BEACH, FL 33480

109 WELLS RD, PALM BEACH, FL 33480 is a property built in 1964 on a 29,400 square foot lot. The property is currently owned by FANJUL ANDRES B & FANJUL CATHERINE A, 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 1993-07-01 for $2,294,700. The 2026 assessed value is $2,871,626 with a market value of $19,366,400. This breaks down to $17,640,000 for the land and $1,726,396 for the building.

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 $5,708,852 recorded against this property. 109 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 125% 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

FANJUL ANDRES B & FANJUL CATHERINE A
109 WELLS RD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$31,413 — $57,658
Flood $400 — $800
Property/Wind $31,013 — $56,858

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
$6,000,000
~$5,708,852 bal.
WELLS FARGO BANK NA · 2022-04-01
Est. Total Balance $5,708,852
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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