240 CLARKE AVE, PALM BEACH, FL 33480

Parcel: 50434322040000640 · Single Family · Zoning: 001

Assessed Value (2026)
$24,021,060

Property Details

Year Built
2009
Lot Sqft
17,859

Sales History

1
$32,375,000
2023-07-12
2
$32,375,000
2023-07-18

Tax Assessment History

$24,021,060
Assessed (2026)
$24,021,060
Market Value
$23,970,340
Taxable Value
$488,017
Annual Tax
2025
$24,021,064
2026
$24,021,060
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $24,021,060 $24,021,060 $23,970,340 $488,017
2025 $24,021,064 $24,021,064 $23,996,064 $488,541

About 240 CLARKE AVE, PALM BEACH, FL 33480

240 CLARKE AVE, PALM BEACH, FL 33480 is a property built in 2009 on a 17,859 square foot lot. The property is currently owned by 240 CLARKE AVE REVOCABLE TRUST KRASKER PAUL A TR, 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 2023-07-18 for $32,375,000. The 2026 assessed value is $24,021,060 with a market value of $24,021,060. This breaks down to $12,322,710 for the land and $11,698,350 for the building.

The assessed value decreased 0% from $24,021,064 in 2025. The property has the following tax exemptions: homestead. The median household income in this area is $232,794, and the median home value is $2,000,001.

The population density is 2,622 people per square mile. There are active mortgage liens totaling $14,890,442 recorded against this property. 240 CLARKE 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 2023 to 2023, with 2 recorded transactions in the public record. The current assessed value represents 74% of the most recent sale price..

Current Owner

240 CLARKE AVE REVOCABLE TRUST KRASKER PAUL A TR
240 CLARKE AVE, PALM BEACH, FL, 33480
Since: 2026-04-03
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Est. Annual Insurance

$130,113 — $216,989
Flood $400 — $800
Property/Wind $129,713 — $216,189

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$232,794
Median Home Value$2,000,001
Pop. Density2,622/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
$15,375,000
~$14,890,442 bal.
CITY NATIONAL BANK OF FLORIDA · 2023-07-18
Est. Total Balance $14,890,442
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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