550 ISLAND DR, PALM BEACH, FL 33480

550 ISLAND DR, PALM BEACH, FL 33480 is a property built in 1955 on a 23,963 square foot lot. The property is currently owned by 260N PROPERTY LIMITED PARTNERSHIP, 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 2025-01-10 for $25,400,000. There are 3 recorded sales for this property. The 2026 assessed value is $8,377,882 with a market value of $20,776,390.

This breaks down to $18,783,350 for the land and $1,993,043 for the building. 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 $4,799,449 recorded against this property. 550 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 complete ownership history of this property spans from 2025 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 33% 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..