231 ROYAL PALM WAY, PALM BEACH, FL 33480
Parcel: 50434323050210180 · Office · Zoning: 017
Assessed Value (2026)
$11,897,790
Property Details
Year Built
1973
Lot Sqft
13,955
Sales History
1
$9,200,000
2017-10-06
Tax Assessment History
$11,897,790
Assessed (2026)
$12,714,600
Market Value
$11,897,790
Taxable Value
$242,229
Annual Tax
2025
$12,714,598
2026
$11,897,790
$12,714,600
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $11,897,790 | $12,714,600 | $11,897,790 | $242,229 | $6,279,750 | $6,434,848 |
| 2025 | $12,714,598 | $12,714,598 | $12,714,598 | $258,859 | $6,279,750 | $6,434,848 |
About 231 ROYAL PALM WAY, PALM BEACH, FL 33480
231 ROYAL PALM WAY, PALM BEACH, FL 33480 is a property built in 1973 on a 13,955 square foot lot. The property is currently owned by PRIMARY PROPERTIES INC, 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 2017-10-06 for $9,200,000. The 2026 assessed value is $11,897,790 with a market value of $12,714,600. This breaks down to $6,279,750 for the land and $6,434,848 for the building.
The assessed value decreased 6% from $12,714,598 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.
231 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 129% 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
PRIMARY PROPERTIES INC
1140 RESERVOIR AVE, CRANSTON, RI, 02920
Since: 2026-04-03
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Est. Annual Insurance
$107,480 — $193,544
Flood $400 — $800
Property/Wind $107,080 — $192,744
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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