161 MAIN ST, PALM BEACH, FL 33480

Parcel: 50434323160000110 · Single Family · Zoning: 001

Assessed Value (2026)
$4,417,780

Property Details

Year Built
2006
Lot Sqft
7,500

Sales History

1
$10non-market transfer
2024-11-01
2
N/A
2024-12-05
3
$11,400,000
2025-04-01
4
$11,400,000
2025-04-30
5
$11,400,000
2025-05-01

Tax Assessment History

$4,417,780
Assessed (2026)
$9,107,780
Market Value
$4,367,058
Taxable Value
$88,910
Annual Tax
2025
$4,417,780
$9,107,780
2026
$4,417,780
$9,107,780
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $4,417,780 $9,107,780 $4,367,058 $88,910
2025 $4,417,780 $9,107,780 $4,392,780 $89,433

About 161 MAIN ST, PALM BEACH, FL 33480

161 MAIN ST, PALM BEACH, FL 33480 is a property built in 2006 on a 7,500 square foot lot. The property is currently owned by 161 MAIN PB LLC PAUL A KRASKER PA C/O, 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 2025-05-01 for $11,400,000. There are 5 recorded sales for this property. The 2026 assessed value is $4,417,780 with a market value of $9,107,780.

This breaks down to $4,368,690 for the land and $4,739,090 for the building. The median household income in this area is $126,917, and the median home value is $2,000,001. The population density is 2,967 people per square mile.

There are active mortgage liens totaling $3,593,435 recorded against this property. 161 MAIN ST, 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 2024 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 39% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

161 MAIN PB LLC PAUL A KRASKER PA C/O
1615 FORUM PL STE 500, WEST PALM BEACH, FL, 33401
Since: 2026-04-03
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Est. Annual Insurance

$24,256 — $40,560
Flood $400 — $800
Property/Wind $23,856 — $39,760

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$126,917
Median Home Value$2,000,001
Pop. Density2,967/sq mi

Neighborhood 33480

84.6%
Owner-Occ
15.4%
Investor
6,443
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE 2.8% rate
$4,000,000
~$3,593,435 bal.
MORGAN STANLEY PRIVATE BANK NA · 2021-12-15
1 satisfied mortgage
SATISFIED 2020-08-28
$3,367,000
FIRST REPUBLIC BANK
Est. Total Balance $3,593,435
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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