1048 S OCEAN BLVD, PALM BEACH, FL 33480
Parcel: 50434335000020290 · Single Family · Zoning: 001
Assessed Value (2026)
$6,458,117
Property Details
Year Built
1952
Lot Sqft
12,740
Sales History
1
$1,125,000
1994-11-01
Tax Assessment History
$6,458,117
Assessed (2026)
$10,589,920
Market Value
$6,458,117
Taxable Value
$131,482
Annual Tax
2025
$10,589,923
2026
$6,458,117
$10,589,920
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $6,458,117 | $10,589,920 | $6,458,117 | $131,482 | $8,971,950 | $1,617,973 |
| 2025 | $10,589,923 | $10,589,923 | $10,589,923 | $215,602 | $8,971,950 | $1,617,973 |
About 1048 S OCEAN BLVD, PALM BEACH, FL 33480
1048 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1952 on a 12,740 square foot lot. The property is currently owned by RANK PROPERTIES HOLDINGS INC, 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 1994-11-01 for $1,125,000. The 2026 assessed value is $6,458,117 with a market value of $10,589,920. This breaks down to $8,971,950 for the land and $1,617,973 for the building.
The assessed value decreased 39% from $10,589,923 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.
1048 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 574% 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
RANK PROPERTIES HOLDINGS INC
1801 S FLAGLER DR APT 1711, WEST PALM BEACH, FL, 33401
Since: 2026-04-03
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Est. Annual Insurance
$70,147 — $128,670
Flood $400 — $800
Property/Wind $69,747 — $127,870
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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