534 ISLAND DR, PALM BEACH, FL 33480

Parcel: 50434327030000340 · Single Family · Zoning: 001

Assessed Value (2026)
$14,714,930

Property Details

Year Built
1961
Lot Sqft
23,182

Sales History

1
$12,537,970
2018-05-25

Tax Assessment History

$14,714,930
Assessed (2026)
$26,155,340
Market Value
$14,664,210
Taxable Value
$298,552
Annual Tax
2025
$14,714,930
$26,155,337
2026
$14,714,930
$26,155,340
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $14,714,930 $26,155,340 $14,664,210 $298,552
2025 $14,714,930 $26,155,337 $14,689,930 $299,075

About 534 ISLAND DR, PALM BEACH, FL 33480

534 ISLAND DR, PALM BEACH, FL 33480 is a property built in 1961 on a 23,182 square foot lot. The property is currently owned by SALOMON RICHARD E SALOMON RICHARD E 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 2018-05-25 for $12,537,970. The 2026 assessed value is $14,714,930 with a market value of $26,155,340. This breaks down to $18,431,900 for the land and $7,723,437 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.

534 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 117% of the most recent sale price..

Current Owner

SALOMON RICHARD E SALOMON RICHARD E TR
534 ISLAND DR, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$159,321 — $292,155
Flood $400 — $800
Property/Wind $158,921 — $291,355

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 →
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