340 ROYAL PALM WAY, PALM BEACH, FL 33480
Parcel: 50434323050240460 · Office · Zoning: 017
Assessed Value (2026)
$16,277,210
Property Details
Year Built
1974
Lot Sqft
20,000
Sales History
1
$12,711,900
2022-04-01
2
$12,711,900
2022-04-18
Tax Assessment History
$16,277,210
Assessed (2026)
$17,344,650
Market Value
$16,277,210
Taxable Value
$331,391
Annual Tax
2025
$17,344,654
2026
$16,277,210
$17,344,650
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $16,277,210 | $17,344,650 | $16,277,210 | $331,391 | $9,000,000 | $8,344,654 |
| 2025 | $17,344,654 | $17,344,654 | $17,344,654 | $353,123 | $9,000,000 | $8,344,654 |
About 340 ROYAL PALM WAY, PALM BEACH, FL 33480
340 ROYAL PALM WAY, PALM BEACH, FL 33480 is a property built in 1974 on a 20,000 square foot lot. The property is currently owned by CSPB 340 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 2022-04-18 for $12,711,900. The 2026 assessed value is $16,277,210 with a market value of $17,344,650. This breaks down to $9,000,000 for the land and $8,344,654 for the building.
The assessed value decreased 6% from $17,344,654 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.
340 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 complete ownership history of this property spans from 2022 to 2022, with 2 recorded transactions in the public record.
The current assessed value represents 128% 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
CSPB 340 LLC
1501 BROADWAY FL 17, NEW YORK, NY, 10036
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$146,894 — $264,490
Flood $400 — $800
Property/Wind $146,494 — $263,690
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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