245 ATLANTIC AVE, PALM BEACH, FL 33480

Parcel: 50434315030000610 · Single Family · Zoning: 001

Assessed Value (2026)
$6,258,656

Property Details

Year Built
2015
Lot Sqft
10,000

Sales History

1
$13,000,000
2025-06-01
2
$13,000,000
2025-06-26
3
$13,000,000
2025-07-02

Tax Assessment History

$6,258,656
Assessed (2026)
$8,507,285
Market Value
$6,258,656
Taxable Value
$127,421
Annual Tax
2025
$8,507,285
2026
$6,258,656
$8,507,285
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $6,258,656 $8,507,285 $6,258,656 $127,421
2025 $8,507,285 $8,507,285 $8,507,285 $173,202

About 245 ATLANTIC AVE, PALM BEACH, FL 33480

245 ATLANTIC AVE, PALM BEACH, FL 33480 is a property built in 2015 on a 10,000 square foot lot. The property is currently owned by ATLANTIC JAM LLC, 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 2025-07-02 for $13,000,000. There are 3 recorded sales for this property. The 2026 assessed value is $6,258,656 with a market value of $8,507,285.

This breaks down to $5,161,940 for the land and $3,345,345 for the building. The assessed value decreased 26% from $8,507,285 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 $9,628,542 recorded against this property. 245 ATLANTIC AVE, 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 2025 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 48% 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

ATLANTIC JAM LLC
PO BOX 84, CONSHOHOCKEN, PA, 19428
Since: 2026-04-03
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Est. Annual Insurance

$34,196 — $57,127
Flood $400 — $800
Property/Wind $33,796 — $56,327

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 4.875% rate
$9,750,000
~$9,628,542 bal.
JPMORGAN CHASE BANK NA · 2025-08-13
1 satisfied mortgage
SATISFIED 2023-04-19
$6,750,000
BB AMERICAS BANK
Est. Total Balance $9,628,542
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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