609 ISLAND DR, PALM BEACH, FL 33480

Parcel: 50434327010000510 · Single Family · Zoning: 001

Assessed Value (2026)
$4,954,293

Property Details

Year Built
1990
Lot Sqft
18,607

Sales History

1
$985,000
1988-05-01

Tax Assessment History

$4,954,293
Assessed (2026)
$24,485,380
Market Value
$4,903,571
Taxable Value
$99,833
Annual Tax
2025
$4,954,293
$24,485,381
2026
$4,954,293
$24,485,380
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $4,954,293 $24,485,380 $4,903,571 $99,833
2025 $4,954,293 $24,485,381 $4,929,293 $100,356

About 609 ISLAND DR, PALM BEACH, FL 33480

609 ISLAND DR, PALM BEACH, FL 33480 is a property built in 1990 on a 18,607 square foot lot. The property is currently owned by BROWN PETER D & BROWN NANCY I, 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 1988-05-01 for $985,000. The 2026 assessed value is $4,954,293 with a market value of $24,485,380. This breaks down to $19,582,100 for the land and $4,903,281 for the building.

The property has the following tax exemptions: homestead. 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 $3,313,776 recorded against this property. 609 ISLAND DR, 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 503% 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

BROWN PETER D & BROWN NANCY I
609 ISLAND DR, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$44,988 — $81,059
Flood $400 — $800
Property/Wind $44,588 — $80,259

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
View full risk analysis →

Mortgages

ACTIVE
$3,495,000
~$3,313,776 bal.
WELLS FARGO BANK NA · 2022-01-13
Est. Total Balance $3,313,776
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales