224 WORTH AVE, PALM BEACH, FL 33480
Parcel: 50434323050180050 · Mixed Use · Zoning: 012
Assessed Value (2026)
$47,506,930
Property Details
Year Built
1931
Lot Sqft
43,796
Sales History
1
$14,025,600
1986-02-01
Tax Assessment History
$47,506,930
Assessed (2026)
$63,460,120
Market Value
$47,506,930
Taxable Value
$967,203
Annual Tax
2025
$63,460,118
2026
$47,506,930
$63,460,120
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $47,506,930 | $63,460,120 | $47,506,930 | $967,203 | $48,175,600 | $15,284,520 |
| 2025 | $63,460,118 | $63,460,118 | $63,460,118 | $1,291,997 | $48,175,600 | $15,284,518 |
About 224 WORTH AVE, PALM BEACH, FL 33480
224 WORTH AVE, PALM BEACH, FL 33480 is a property built in 1931 on a 43,796 square foot lot. The property is currently owned by PALM V ASSOC LTD LOVE REALTY C/O, 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 1986-02-01 for $14,025,600. The 2026 assessed value is $47,506,930 with a market value of $63,460,120. This breaks down to $48,175,600 for the land and $15,284,520 for the building.
The assessed value decreased 25% from $63,460,118 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.
224 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 339% 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
PALM V ASSOC LTD LOVE REALTY C/O
PO BOX 28, WHITE PLAINS, NY, 10605
Since: 2026-04-03
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Est. Annual Insurance
$513,474 — $941,437
Flood $400 — $800
Property/Wind $513,074 — $940,637
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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