250 ALGOMA RD, PALM BEACH, FL 33480
Parcel: 50434335000020340 · Single Family · Zoning: 001
Assessed Value (2026)
$14,780,930
Property Details
Year Built
1938
Lot Sqft
18,296
Sales History
1
$5,100,000
2020-09-30
Tax Assessment History
$14,780,930
Assessed (2026)
$14,780,930
Market Value
$13,382,150
Taxable Value
$272,450
Annual Tax
2025
$14,780,934
2026
$14,780,930
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $14,780,930 | $14,780,930 | $13,382,150 | $272,450 | $12,624,240 | $2,156,694 |
| 2025 | $14,780,934 | $14,780,934 | $14,750,934 | $300,317 | $12,624,240 | $2,156,694 |
About 250 ALGOMA RD, PALM BEACH, FL 33480
250 ALGOMA RD, PALM BEACH, FL 33480 is a property built in 1938 on a 18,296 square foot lot. The property is currently owned by WETHERILL CORTRIGHT JR, 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 2020-09-30 for $5,100,000. The 2026 assessed value is $14,780,930 with a market value of $14,780,930. This breaks down to $12,624,240 for the land and $2,156,694 for the building.
The assessed value decreased 0% from $14,780,934 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. There are active mortgage liens totaling $8,000,000 recorded against this property. 250 ALGOMA RD, 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 290% 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
WETHERILL CORTRIGHT JR
250 ALGOMA RD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$160,034 — $293,462
Flood $400 — $800
Property/Wind $159,634 — $292,662
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
$8,000,000
2EE LLC · 2025-11-12
2 satisfied mortgages
SATISFIED 2025-07-23
$875,000
2EE LLC
SATISFIED 2023-11-21
$2,100,000
2EE LLC
Est. Total Balance $8,000,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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