488 ISLAND DR, PALM BEACH, FL 33480
Parcel: 50434327030000251 · Single Family · Zoning: 001
Assessed Value (2026)
$19,994,970
Property Details
Year Built
2018
Lot Sqft
23,361
Sales History
1
$21,000,000
2018-08-31
Tax Assessment History
$19,994,970
Assessed (2026)
$39,539,070
Market Value
$19,944,250
Taxable Value
$406,049
Annual Tax
2025
$19,994,970
$39,539,074
2026
$19,994,970
$39,539,070
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $19,994,970 | $39,539,070 | $19,944,250 | $406,049 | $29,233,000 | $10,306,070 |
| 2025 | $19,994,970 | $39,539,074 | $19,969,970 | $406,573 | $29,233,000 | $10,306,074 |
About 488 ISLAND DR, PALM BEACH, FL 33480
488 ISLAND DR, PALM BEACH, FL 33480 is a property built in 2018 on a 23,361 square foot lot. The property is currently owned by FEINSTEIN RICHARD FEINSTEIN JEFFREY 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 2018-08-31 for $21,000,000. The 2026 assessed value is $19,994,970 with a market value of $39,539,070. This breaks down to $29,233,000 for the land and $10,306,070 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.
488 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 95% of the most recent sale price..
Current Owner
FEINSTEIN RICHARD FEINSTEIN JEFFREY TR
488 ISLAND DR, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$108,372 — $180,754
Flood $400 — $800
Property/Wind $107,972 — $179,954
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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