401 CHILEAN AVE, PALM BEACH, FL 33480
Parcel: 50434323050050262 · Single Family · Zoning: 001
Assessed Value (2026)
$12,671,890
Property Details
Year Built
2000
Lot Sqft
8,750
Sales History
1
N/A
2022-05-12
2
N/A
2023-05-31
3
$10non-market transfer
2023-06-07
4
N/A
2023-06-09
5
$12,000,000
2026-03-31
Tax Assessment History
$12,671,890
Assessed (2026)
$12,671,890
Market Value
$12,671,890
Taxable Value
$257,990
Annual Tax
2025
$12,671,889
2026
$12,671,890
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $12,671,890 | $12,671,890 | $12,671,890 | $257,990 | $6,781,250 | $5,890,639 |
| 2025 | $12,671,889 | $12,671,889 | $12,671,889 | $257,990 | $6,781,250 | $5,890,639 |
About 401 CHILEAN AVE, PALM BEACH, FL 33480
401 CHILEAN AVE, PALM BEACH, FL 33480 is a property built in 2000 on a 8,750 square foot lot. The property is currently owned by WRIGHT ROBERT C & WRIGHT SUSAN K, 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 2026-03-31 for $12,000,000. There are 5 recorded sales for this property. The 2026 assessed value is $12,671,890 with a market value of $12,671,890.
This breaks down to $6,781,250 for the land and $5,890,639 for the building. The assessed value increased 0% from $12,671,889 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. There are active mortgage liens totaling $8,213,270 recorded against this property. 401 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 complete ownership history of this property spans from 2022 to 2026, with 5 recorded transactions in the public record. The current assessed value represents 106% of the most recent sale price..
Current Owner
WRIGHT ROBERT C & WRIGHT SUSAN K
400 ARABIAN RD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$91,637 — $160,465
Flood $400 — $800
Property/Wind $91,237 — $159,665
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 4.25% rate
$8,247,312
MORGAN STANLEY PRIVATE BANK NA · 2026-03-31
Est. Total Balance $8,213,270
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales