240 SUNSET AVE, PALM BEACH, FL 33480
Parcel: 50434322310000500 · 023 · Zoning: 023
Assessed Value (2026)
$1,787,355
Sales History
1
$9,350,000
2023-04-04
Tax Assessment History
$1,787,355
Assessed (2026)
$2,164,868
Market Value
$1,787,355
Taxable Value
$36,389
Annual Tax
2025
$2,164,868
2026
$1,787,355
$2,164,868
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $1,787,355 | $2,164,868 | $1,787,355 | $36,389 | $2,160,000 | $4,868 |
| 2025 | $2,164,868 | $2,164,868 | $2,164,868 | $44,075 | $2,160,000 | $4,868 |
About 240 SUNSET AVE, PALM BEACH, FL 33480
240 SUNSET AVE, PALM BEACH, FL 33480 is a property. The property is currently owned by FLAGLER SYSTEM MANAGEMENT INC, recorded as of 2026-04-01. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2023-04-04 for $9,350,000. The 2026 assessed value is $1,787,355 with a market value of $2,164,868. This breaks down to $2,160,000 for the land and $4,868 for the building.
The assessed value decreased 17% from $2,164,868 in 2025. The median household income in this area is $126,917, and the median home value is $2,000,001. The population density is 2,967 people per square mile.
240 SUNSET 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 19% of the most recent sale price.
This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Current Owner
FLAGLER SYSTEM MANAGEMENT INC
1 S COUNTY RD, PALM BEACH, FL, 33480
Since: 2026-04-01
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Est. Annual Insurance
$16,486 — $29,755
Flood $400 — $800
Property/Wind $16,086 — $28,955
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$126,917
Median Home Value$2,000,001
Pop. Density2,967/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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