224 PHIPPS PLZ, PALM BEACH, FL 33480
Parcel: 50434322090000041 · Single Family · Zoning: 001
Assessed Value (2026)
$1,514,665
Property Details
Year Built
1938
Lot Sqft
5,780
Sales History
1
$500,000
2011-10-25
Tax Assessment History
$1,514,665
Assessed (2026)
$4,874,745
Market Value
$1,463,943
Taxable Value
$29,805
Annual Tax
2025
$1,514,665
$4,874,745
2026
$1,514,665
$4,874,745
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $1,514,665 | $4,874,745 | $1,463,943 | $29,805 | $3,872,600 | $1,002,145 |
| 2025 | $1,514,665 | $4,874,745 | $1,489,665 | $30,328 | $3,872,600 | $1,002,145 |
About 224 PHIPPS PLZ, PALM BEACH, FL 33480
224 PHIPPS PLZ, PALM BEACH, FL 33480 is a property built in 1938 on a 5,780 square foot lot. The property is currently owned by KHAWLY RAMEZ, 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 2011-10-25 for $500,000. The 2026 assessed value is $1,514,665 with a market value of $4,874,745. This breaks down to $3,872,600 for the land and $1,002,145 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.
224 PHIPPS PLZ, 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 303% 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..
Est. Annual Insurance
$16,758 — $30,790
Flood $400 — $800
Property/Wind $16,358 — $29,990
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
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