161 CLARKE AVE, PALM BEACH, FL 33480

Parcel: 50434322050000180 · Single Family · Zoning: 001

Assessed Value (2026)
$7,386,587

Property Details

Year Built
2014
Lot Sqft
18,656

Sales History

1
$4,250,000
2011-11-15

Tax Assessment History

$7,386,587
Assessed (2026)
$16,159,010
Market Value
$7,335,865
Taxable Value
$149,352
Annual Tax
2025
$7,386,587
$16,159,010
2026
$7,386,587
$16,159,010
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $7,386,587 $16,159,010 $7,335,865 $149,352
2025 $7,386,587 $16,159,010 $7,361,587 $149,876

About 161 CLARKE AVE, PALM BEACH, FL 33480

161 CLARKE AVE, PALM BEACH, FL 33480 is a property built in 2014 on a 18,656 square foot lot. The property is currently owned by FERRER CARLOS & FERRER ROSEMARY, 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 2011-11-15 for $4,250,000. The 2026 assessed value is $7,386,587 with a market value of $16,159,010. This breaks down to $12,872,640 for the land and $3,286,370 for the building.

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 $7,296,963 recorded against this property. 161 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 current assessed value represents 174% 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

FERRER CARLOS & FERRER ROSEMARY
161 CLARKE AVE, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$40,287 — $67,279
Flood $400 — $800
Property/Wind $39,887 — $66,479

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 4.95% rate
$7,700,000
~$7,296,963 bal.
FIRST REPUBLIC BANK · 2023-02-21
Est. Total Balance $7,296,963
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales