160 ROYAL PALM WAY, PALM BEACH, FL 33480
Parcel: 50434323050260310 · Hotel/Motel · Zoning: 039
Assessed Value (2026)
$65,968,120
Property Details
Year Built
1961
Lot Sqft
60,000
Sales History
1
$39,600,000
2019-05-14
Tax Assessment History
$65,968,120
Assessed (2026)
$65,968,120
Market Value
$65,968,120
Taxable Value
$1,343,058
Annual Tax
2025
$65,968,124
2026
$65,968,120
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $65,968,120 | $65,968,120 | $65,968,120 | $1,343,058 | $37,327,500 | $28,640,620 |
| 2025 | $65,968,124 | $65,968,124 | $65,968,124 | $1,343,058 | $37,327,500 | $28,640,624 |
About 160 ROYAL PALM WAY, PALM BEACH, FL 33480
160 ROYAL PALM WAY, PALM BEACH, FL 33480 is a property built in 1961 on a 60,000 square foot lot. The property is currently owned by LR PALM HOUSE 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 2019-05-14 for $39,600,000. The 2026 assessed value is $65,968,120 with a market value of $65,968,120. This breaks down to $37,327,500 for the land and $28,640,620 for the building.
The assessed value decreased 0% from $65,968,124 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.
160 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 167% 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
LR PALM HOUSE LLC
11661 SAN VICENTE BLVD STE 220, LOS ANGELES, CA, 90049
Since: 2026-04-03
View owner profile →
People Behind This Entity
Registered Agent: PARACORP INCORPORATED
WILLOW LAKE HOLDINGS INC. (Manager) Willow Lake Holdings Inc. (Mana) LR U.S. Hotels Holdings LLC (Auth)
View on Sunbiz →
Est. Annual Insurance
$712,855 — $1,306,968
Flood $400 — $800
Property/Wind $712,455 — $1,306,168
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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