135 WELLS RD, PALM BEACH, FL 33480
Parcel: 50434314180000021 · Single Family · Zoning: 001
Assessed Value (2026)
$20,733,340
Property Details
Year Built
2022
Lot Sqft
29,400
Sales History
1
$8,885,000
2019-09-23
Tax Assessment History
$20,733,340
Assessed (2026)
$26,309,690
Market Value
$20,733,340
Taxable Value
$422,114
Annual Tax
2025
$26,309,694
2026
$20,733,340
$26,309,690
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $20,733,340 | $26,309,690 | $20,733,340 | $422,114 | $17,640,000 | $8,669,694 |
| 2025 | $26,309,694 | $26,309,694 | $26,309,694 | $535,644 | $17,640,000 | $8,669,694 |
About 135 WELLS RD, PALM BEACH, FL 33480
135 WELLS RD, PALM BEACH, FL 33480 is a property built in 2022 on a 29,400 square foot lot. The property is currently owned by PEAL TRUST MENKES ALLISON TR, 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 2019-09-23 for $8,885,000. The 2026 assessed value is $20,733,340 with a market value of $26,309,690. This breaks down to $17,640,000 for the land and $8,669,694 for the building.
The assessed value decreased 21% from $26,309,694 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.
135 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 233% 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
PEAL TRUST MENKES ALLISON TR
235 WARREN ROAD, TORONTO, ON
Since: 2026-04-03
View owner profile →
Look up on FL Sunbiz →
Find registered agent and officers for this entity
Est. Annual Insurance
$112,360 — $187,400
Flood $400 — $800
Property/Wind $111,960 — $186,600
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
Zoom in to see property sales