575 ISLAND DR, PALM BEACH, FL 33480
Parcel: 50434327030000430 · Single Family · Zoning: 001
Assessed Value (2026)
$11,585,510
Property Details
Year Built
2009
Lot Sqft
16,002
Sales History
1
$11,600,000
2014-05-15
Tax Assessment History
$11,585,510
Assessed (2026)
$28,735,180
Market Value
$11,534,780
Taxable Value
$234,839
Annual Tax
2025
$11,585,505
$28,735,183
2026
$11,585,510
$28,735,180
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $11,585,510 | $28,735,180 | $11,534,780 | $234,839 | $18,800,600 | $9,934,583 |
| 2025 | $11,585,505 | $28,735,183 | $11,560,505 | $235,363 | $18,800,600 | $9,934,583 |
About 575 ISLAND DR, PALM BEACH, FL 33480
575 ISLAND DR, PALM BEACH, FL 33480 is a property built in 2009 on a 16,002 square foot lot. The property is currently owned by GILBANE SARA B STEINKRAUSS KURT R 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 2014-05-15 for $11,600,000. The 2026 assessed value is $11,585,510 with a market value of $28,735,180. This breaks down to $18,800,600 for the land and $9,934,583 for the building.
The assessed value increased 0% from $11,585,505 in 2025. 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. 575 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 100% of the most recent sale price..
Current Owner
GILBANE SARA B STEINKRAUSS KURT R TR
575 ISLAND DR, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$62,961 — $105,069
Flood $400 — $800
Property/Wind $62,561 — $104,269
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
Zoom in to see property sales