640 S OCEAN BLVD, PALM BEACH, FL 33480
Parcel: 50434327050000200 · Single Family · Zoning: 001
Assessed Value (2026)
$24,988,670
Property Details
Year Built
1928
Lot Sqft
43,564
Sales History
1
N/A
2022-02-09
2
N/Anon-market transfer
2024-09-17
3
N/A
2024-09-19
Tax Assessment History
$24,988,670
Assessed (2026)
$53,641,570
Market Value
$24,937,950
Taxable Value
$507,717
Annual Tax
2025
$24,988,669
$53,641,572
2026
$24,988,670
$53,641,570
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $24,988,670 | $53,641,570 | $24,937,950 | $507,717 | $36,229,680 | $17,411,890 |
| 2025 | $24,988,669 | $53,641,572 | $24,963,669 | $508,240 | $36,229,680 | $17,411,892 |
About 640 S OCEAN BLVD, PALM BEACH, FL 33480
640 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1928 on a 43,564 square foot lot. The property is currently owned by BUTLER PAULA S BUTLER PAULA S TR, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 3 recorded sales for this property. The 2026 assessed value is $24,988,670 with a market value of $53,641,570. This breaks down to $36,229,680 for the land and $17,411,890 for the building.
The assessed value increased 0% from $24,988,669 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. 640 S OCEAN BLVD, 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 2022 to 2024, with 3 recorded transactions in the public record..
Current Owner
BUTLER PAULA S BUTLER PAULA S TR
640 S OCEAN BLVD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$270,277 — $495,575
Flood $400 — $800
Property/Wind $269,877 — $494,775
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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