1020 S OCEAN BLVD, PALM BEACH, FL 33480
Parcel: 50434335000020110 · Single Family · Zoning: 001
Assessed Value (2026)
$30,195,720
Property Details
Year Built
2020
Lot Sqft
38,502
Sales History
1
$4,500,000
2013-05-08
Tax Assessment History
$30,195,720
Assessed (2026)
$48,143,780
Market Value
$30,195,720
Taxable Value
$614,761
Annual Tax
2025
$48,143,777
2026
$30,195,720
$48,143,780
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $30,195,720 | $48,143,780 | $30,195,720 | $614,761 | $24,638,650 | $23,505,130 |
| 2025 | $48,143,777 | $48,143,777 | $48,143,777 | $980,169 | $24,638,650 | $23,505,127 |
About 1020 S OCEAN BLVD, PALM BEACH, FL 33480
1020 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 2020 on a 38,502 square foot lot. The property is currently owned by 1020 SOUTH OCEAN LLC, 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 2013-05-08 for $4,500,000. The 2026 assessed value is $30,195,720 with a market value of $48,143,780. This breaks down to $24,638,650 for the land and $23,505,130 for the building.
The assessed value decreased 37% from $48,143,777 in 2025. 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 $9,550,445 recorded against this property. 1020 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 current assessed value represents 671% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
1020 SOUTH OCEAN LLC
605 N OLIVE AVE FL 2, WEST PALM BEACH, Florida, 33401
Since: 2026-04-03
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Est. Annual Insurance
$163,456 — $272,561
Flood $400 — $800
Property/Wind $163,056 — $271,761
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
Mortgages
ACTIVE
$10,000,000
JPMORGAN CHASE BANK NA · 2022-06-07
1 satisfied mortgage
SATISFIED 2021-11-29
$19,500,000
JPMORGAN CHASE BANK NA
Est. Total Balance $9,550,445
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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