450 BRAZILIAN AVE, PALM BEACH, FL 33480
Parcel: 50434323050040011 · Single Family · Zoning: 001
Assessed Value (2026)
$3,597,085
Property Details
Year Built
2001
Lot Sqft
8,926
Sales History
1
$12,125,000
2025-04-01
2
$12,125,000
2025-04-25
3
$12,125,000
2025-05-07
Tax Assessment History
$3,597,085
Assessed (2026)
$10,661,980
Market Value
$3,546,363
Taxable Value
$72,201
Annual Tax
2025
$3,597,085
$10,661,981
2026
$3,597,085
$10,661,980
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $3,597,085 | $10,661,980 | $3,546,363 | $72,201 | $6,917,650 | $3,744,331 |
| 2025 | $3,597,085 | $10,661,981 | $3,572,085 | $72,725 | $6,917,650 | $3,744,331 |
About 450 BRAZILIAN AVE, PALM BEACH, FL 33480
450 BRAZILIAN AVE, PALM BEACH, FL 33480 is a property built in 2001 on a 8,926 square foot lot. The property is currently owned by KASSEL PROPERTIES LLC MICHAEL N NEWMARK C/O, 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 2025-05-07 for $12,125,000. There are 3 recorded sales for this property. The 2026 assessed value is $3,597,085 with a market value of $10,661,980.
This breaks down to $6,917,650 for the land and $3,744,331 for the building. 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 $9,584,365 recorded against this property. 450 BRAZILIAN 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 2025 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 30% 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
KASSEL PROPERTIES LLC MICHAEL N NEWMARK C/O
8027 FORSYTH BLVD STE 1150, SAINT LOUIS, MO, 63105
Since: 2026-04-03
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Est. Annual Insurance
$26,299 — $46,123
Flood $400 — $800
Property/Wind $25,899 — $45,323
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
Mortgages
ACTIVE
$9,700,000
JPMORGAN CHASE BANK NA · 2025-05-07
Est. Total Balance $9,584,365
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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