720 S OCEAN BLVD, PALM BEACH, FL 33480
Parcel: 50434326000020480 · Single Family · Zoning: 001
Assessed Value (2026)
$34,438,500
Property Details
Year Built
1925
Lot Sqft
64,518
Sales History
1
$36,076,540
2020-10-30
Tax Assessment History
$34,438,500
Assessed (2026)
$34,438,500
Market Value
$34,438,500
Taxable Value
$701,140
Annual Tax
2025
$34,438,503
2026
$34,438,500
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $34,438,500 | $34,438,500 | $34,438,500 | $701,140 | $28,983,740 | $5,454,759 |
| 2025 | $34,438,503 | $34,438,503 | $34,438,503 | $701,140 | $28,983,744 | $5,454,759 |
About 720 S OCEAN BLVD, PALM BEACH, FL 33480
720 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1925 on a 64,518 square foot lot. The property is currently owned by 720 SOUTH OCEAN BOULEVARD LAND TRUST KRASKER PAUL A TR, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2020-10-30 for $36,076,540. The 2026 assessed value is $34,438,500 with a market value of $34,438,500. This breaks down to $28,983,740 for the land and $5,454,759 for the building.
The assessed value decreased 0% from $34,438,503 in 2025. The median household income in this area is $164,545, and the median home value is $1,026,700. The population density is 2,041 people per square mile.
There are active mortgage liens totaling $17,056,671 recorded against this property. 720 S OCEAN BLVD, 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 95% of the most recent sale price..
Current Owner
720 SOUTH OCEAN BOULEVARD LAND TRUST KRASKER PAUL A TR
720 S OCEAN BLVD, PALM BEACH, FL, 33480
Since: 2026-04-03
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Est. Annual Insurance
$372,335 — $682,682
Flood $400 — $800
Property/Wind $371,935 — $681,882
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$164,545
Median Home Value$1,026,700
Pop. Density2,041/sq mi
Neighborhood 33480
84.6%
Owner-Occ
15.4%
Investor
6,443
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
MODERATE
31
Mortgages
ACTIVE 2.85% rate
$19,600,000
FIRST REPUBLIC BANK · 2020-11-02
Est. Total Balance $17,056,671
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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