205 ROYAL PALM WAY, PALM BEACH, FL 33480
Parcel: 50434323050210190 · 023 · Zoning: 023
Assessed Value (2026)
$18,919,310
Property Details
Year Built
1956
Lot Sqft
43,055
Sales History
1
$14,000,000
2016-01-08
Tax Assessment History
$18,919,310
Assessed (2026)
$24,667,430
Market Value
$18,919,310
Taxable Value
$385,182
Annual Tax
2025
$24,667,433
2026
$18,919,310
$24,667,430
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $18,919,310 | $24,667,430 | $18,919,310 | $385,182 | $19,374,750 | $5,292,683 |
| 2025 | $24,667,433 | $24,667,433 | $24,667,433 | $502,209 | $19,374,750 | $5,292,683 |
About 205 ROYAL PALM WAY, PALM BEACH, FL 33480
205 ROYAL PALM WAY, PALM BEACH, FL 33480 is a property built in 1956 on a 43,055 square foot lot. The property is currently owned by 205 ROYAL PALM WAY 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 2016-01-08 for $14,000,000. The 2026 assessed value is $18,919,310 with a market value of $24,667,430. This breaks down to $19,374,750 for the land and $5,292,683 for the building.
The assessed value decreased 23% from $24,667,433 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.
205 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 135% 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
205 ROYAL PALM WAY LLC
221 ROYAL PALM WAY STE 203, PALM BEACH, FL, 33480
Since: 2026-04-03
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Est. Annual Insurance
$204,728 — $375,402
Flood $400 — $800
Property/Wind $204,328 — $374,602
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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