318 SEASPRAY AVE, PALM BEACH, FL 33480

Parcel: 50434322070003970 · Single Family · Zoning: 001

Assessed Value (2026)
$8,286,672

Property Details

Year Built
1926
Lot Sqft
12,250

Sales History

1
$9,750,000
2022-06-23
2
$9,750,000
2022-06-29

Tax Assessment History

$8,286,672
Assessed (2026)
$9,573,110
Market Value
$8,235,950
Taxable Value
$167,677
Annual Tax
2025
$8,286,672
$9,573,110
2026
$8,286,672
$9,573,110
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $8,286,672 $9,573,110 $8,235,950 $167,677
2025 $8,286,672 $9,573,110 $8,261,672 $168,201

About 318 SEASPRAY AVE, PALM BEACH, FL 33480

318 SEASPRAY AVE, PALM BEACH, FL 33480 is a property built in 1926 on a 12,250 square foot lot. The property is currently owned by RUSSELL ROBERT W, 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 2022-06-29 for $9,750,000. The 2026 assessed value is $8,286,672 with a market value of $9,573,110. This breaks down to $8,207,500 for the land and $1,365,610 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 $5,857,760 recorded against this property. 318 SEASPRAY 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 2022 to 2022, with 2 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price..

Current Owner

RUSSELL ROBERT W
318 SEASPRAY AVE, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$89,896 — $164,876
Flood $400 — $800
Property/Wind $89,496 — $164,076

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 3.9% rate
$6,337,500
~$5,857,760 bal.
FIRST REPUBLIC BANK · 2022-06-29
Est. Total Balance $5,857,760
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales