242 SEASPRAY AVE, PALM BEACH, FL 33480

Parcel: 50434322070004210 · Single Family · Zoning: 001

Assessed Value (2026)
$1,423,874

Property Details

Year Built
1924
Lot Sqft
6,125

Sales History

1
$1,100,000
2010-11-29

Tax Assessment History

$1,423,874
Assessed (2026)
$3,867,503
Market Value
$1,373,152
Taxable Value
$27,956
Annual Tax
2025
$1,423,874
$3,867,503
2026
$1,423,874
$3,867,503
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $1,423,874 $3,867,503 $1,373,152 $27,956
2025 $1,423,874 $3,867,503 $1,398,874 $28,480

About 242 SEASPRAY AVE, PALM BEACH, FL 33480

242 SEASPRAY AVE, PALM BEACH, FL 33480 is a property built in 1924 on a 6,125 square foot lot. The property is currently owned by PRESSLY JAMES G III & PRESSLY PAMELA K, 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 2010-11-29 for $1,100,000. The 2026 assessed value is $1,423,874 with a market value of $3,867,503. This breaks down to $3,693,375 for the land and $174,128 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 $898,393 recorded against this property. 242 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 current assessed value represents 129% 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

PRESSLY JAMES G III & PRESSLY PAMELA K
242 SEASPRAY AVE, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$15,777 — $28,992
Flood $400 — $800
Property/Wind $15,377 — $28,192

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 2.875% rate
$1,001,000
~$898,393 bal.
US BANK NA · 2021-11-15
Est. Total Balance $898,393
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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