225 WORTH AVE, PALM BEACH, FL 33480

Parcel: 50434323050150380 · Store · Zoning: 011

Assessed Value (2026)
$17,566,700

Property Details

Year Built
1950
Lot Sqft
12,500

Sales History

1
$18,040,000
2021-03-30
2
$43,000,000+138%
2026-03-31

Tax Assessment History

$17,566,700
Assessed (2026)
$19,278,860
Market Value
$17,566,700
Taxable Value
$357,644
Annual Tax
2025
$19,278,860
2026
$17,566,700
$19,278,860
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $17,566,700 $19,278,860 $17,566,700 $357,644
2025 $19,278,860 $19,278,860 $19,278,860 $392,502

About 225 WORTH AVE, PALM BEACH, FL 33480

225 WORTH AVE, PALM BEACH, FL 33480 is a property built in 1950 on a 12,500 square foot lot. The property is currently owned by 225 WORTH AVENUE HOLDINGS 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 2026-03-31 for $43,000,000. The property has appreciated $24,960,000 (138%) since the prior sale of $18,040,000 on 2021-03-30. The 2026 assessed value is $17,566,700 with a market value of $19,278,860.

This breaks down to $13,750,000 for the land and $5,528,860 for the building. The assessed value decreased 9% from $19,278,860 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 $49,500,000 recorded against this property. 225 WORTH 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 2021 to 2026, with 2 recorded transactions in the public record. The current assessed value represents 41% 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

225 WORTH AVENUE HOLDINGS LLC
516 E HYMAN AVE FL 2ND, ASPEN, CO, 81611
Since: 2026-04-03
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Est. Annual Insurance

$190,120 — $348,620
Flood $400 — $800
Property/Wind $189,720 — $347,820

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
View full risk analysis →

Mortgages

ACTIVE
$49,500,000
LOANCORE CAPITAL CREDIT REIT LLC · 2021-04-07
Est. Total Balance $49,500,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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