437 CHILEAN AVE, PALM BEACH, FL 33480
Parcel: 50434323050050100 · Single Family · Zoning: 001
Assessed Value (2026)
$9,892,430
Property Details
Year Built
2002
Lot Sqft
10,000
Sales History
1
$6,300,000
2015-03-02
Tax Assessment History
$9,892,430
Assessed (2026)
$19,440,690
Market Value
$9,892,430
Taxable Value
$201,402
Annual Tax
2025
$19,440,689
2026
$9,892,430
$19,440,690
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $9,892,430 | $19,440,690 | $9,892,430 | $201,402 | $7,750,000 | $11,690,690 |
| 2025 | $19,440,689 | $19,440,689 | $19,440,689 | $395,797 | $7,750,000 | $11,690,689 |
About 437 CHILEAN AVE, PALM BEACH, FL 33480
437 CHILEAN AVE, PALM BEACH, FL 33480 is a property built in 2002 on a 10,000 square foot lot. The property is currently owned by WRAY CERASOLI ASSOCIATES LLP, 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 2015-03-02 for $6,300,000. The 2026 assessed value is $9,892,430 with a market value of $19,440,690. This breaks down to $7,750,000 for the land and $11,690,690 for the building.
The assessed value decreased 49% from $19,440,689 in 2025. 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.
437 CHILEAN 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 157% 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
WRAY CERASOLI ASSOCIATES LLP
18 STEARNS POINT RD PO BOX 255, SHELTER ISLAND HEIGH, NY, 11965
Since: 2026-04-03
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Est. Annual Insurance
$53,819 — $89,831
Flood $400 — $800
Property/Wind $53,419 — $89,031
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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