748 ISLAND DR, PALM BEACH, FL 33480
Parcel: 50434327020000880 · Single Family · Zoning: 001
Assessed Value (2026)
$9,477,364
Property Details
Year Built
1952
Lot Sqft
20,723
Sales History
1
$800,000
1981-07-01
Tax Assessment History
$9,477,364
Assessed (2026)
$19,450,770
Market Value
$9,421,642
Taxable Value
$191,817
Annual Tax
2025
$9,477,364
$19,450,766
2026
$9,477,364
$19,450,770
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $9,477,364 | $19,450,770 | $9,421,642 | $191,817 | $19,057,880 | $392,881 |
| 2025 | $9,477,364 | $19,450,766 | $9,447,364 | $192,341 | $19,057,885 | $392,881 |
About 748 ISLAND DR, PALM BEACH, FL 33480
748 ISLAND DR, PALM BEACH, FL 33480 is a property built in 1952 on a 20,723 square foot lot. The property is currently owned by CARPENTER CARROLL M, 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 1981-07-01 for $800,000. The 2026 assessed value is $9,477,364 with a market value of $19,450,770. This breaks down to $19,057,880 for the land and $392,881 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.
748 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 1185% 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
CARPENTER CARROLL M
748 ISLAND DR, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$102,755 — $188,451
Flood $400 — $800
Property/Wind $102,355 — $187,651
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
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