424 CHILEAN AVE, PALM BEACH, FL 33480
Parcel: 50434323050120410 · Multi-Family (<10) · Zoning: 008
Assessed Value (2026)
$2,374,940
Property Details
Year Built
1950
Lot Sqft
6,250
Sales History
1
$545,413
2015-10-15
Tax Assessment History
$2,374,940
Assessed (2026)
$4,990,792
Market Value
$2,374,940
Taxable Value
$48,352
Annual Tax
2025
$4,990,792
2026
$2,374,940
$4,990,792
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $2,374,940 | $4,990,792 | $2,374,940 | $48,352 | $4,843,750 | $147,042 |
| 2025 | $4,990,792 | $4,990,792 | $4,990,792 | $101,609 | $4,843,750 | $147,042 |
About 424 CHILEAN AVE, PALM BEACH, FL 33480
424 CHILEAN AVE, PALM BEACH, FL 33480 is a property built in 1950 on a 6,250 square foot lot. The property is currently owned by CHILEAN APARTMENTS LLC, 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 2015-10-15 for $545,413. The 2026 assessed value is $2,374,940 with a market value of $4,990,792. This breaks down to $4,843,750 for the land and $147,042 for the building.
The assessed value decreased 52% from $4,990,792 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.
424 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 435% 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
CHILEAN APARTMENTS LLC
301 VALENCIA RD, WEST PALM BEACH, FL, 33401
Since: 2026-04-03
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Est. Annual Insurance
$26,049 — $47,823
Flood $400 — $800
Property/Wind $25,649 — $47,023
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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