118 HAMMON AVE, PALM BEACH, FL 33480

118 HAMMON AVE, PALM BEACH, FL 33480 is a property built in 1999 on a 7,497 square foot lot. The property is currently owned by 118 HAMMON LLC GENERAL MANAGER COLONY HOTEL 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 2025-05-23 for $12,850,000. There are 3 recorded sales for this property. The 2026 assessed value is $5,566,425 with a market value of $12,255,140.

This breaks down to $8,138,955 for the land and $4,116,183 for the building. The assessed value decreased 55% from $12,255,138 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 $8,878,507 recorded against this property. 118 HAMMON AVE, 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 2025 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 43% 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..