247 WORTH AVE, PALM BEACH, FL 33480
Parcel: 50434323050150480 · Mixed Use · Zoning: 012
Assessed Value (2026)
$17,298,770
Property Details
Year Built
1950
Lot Sqft
12,500
Sales History
1
$9,437,274
2020-01-30
Tax Assessment History
$17,298,770
Assessed (2026)
$19,036,470
Market Value
$17,298,770
Taxable Value
$352,189
Annual Tax
2025
$19,036,470
2026
$17,298,770
$19,036,470
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $17,298,770 | $19,036,470 | $17,298,770 | $352,189 | $13,750,000 | $5,286,470 |
| 2025 | $19,036,470 | $19,036,470 | $19,036,470 | $387,567 | $13,750,000 | $5,286,470 |
About 247 WORTH AVE, PALM BEACH, FL 33480
247 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 HOLBROOK REAL ESTATE 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 2020-01-30 for $9,437,274. The 2026 assessed value is $17,298,770 with a market value of $19,036,470. This breaks down to $13,750,000 for the land and $5,286,470 for the building.
The assessed value decreased 9% from $19,036,470 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.
247 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 current assessed value represents 183% 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
HOLBROOK REAL ESTATE LLC
980 S OCEAN BLVD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Look up on FL Sunbiz →
Find registered agent and officers for this entity
Est. Annual Insurance
$187,226 — $343,315
Flood $400 — $800
Property/Wind $186,826 — $342,515
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
Zoom in to see property sales