241 ROYAL PALM WAY, PALM BEACH, FL 33480
Parcel: 50434323050210171 · Office · Zoning: 017
Assessed Value (2026)
$7,989,058
Property Details
Year Built
1990
Lot Sqft
13,400
Sales History
1
$2,400,000
1998-12-28
Tax Assessment History
$7,989,058
Assessed (2026)
$11,055,200
Market Value
$7,989,058
Taxable Value
$162,651
Annual Tax
2025
$11,055,199
2026
$7,989,058
$11,055,200
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $7,989,058 | $11,055,200 | $7,989,058 | $162,651 | $6,030,000 | $5,025,199 |
| 2025 | $11,055,199 | $11,055,199 | $11,055,199 | $225,075 | $6,030,000 | $5,025,199 |
About 241 ROYAL PALM WAY, PALM BEACH, FL 33480
241 ROYAL PALM WAY, PALM BEACH, FL 33480 is a property built in 1990 on a 13,400 square foot lot. The property is currently owned by FJK TEE JAY LTD, 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 1998-12-28 for $2,400,000. The 2026 assessed value is $7,989,058 with a market value of $11,055,200. This breaks down to $6,030,000 for the land and $5,025,199 for the building.
The assessed value decreased 28% from $11,055,199 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.
241 ROYAL PALM WAY, 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 333% 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
FJK TEE JAY LTD
PO BOX 3243, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$72,301 — $130,222
Flood $400 — $800
Property/Wind $71,901 — $129,422
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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