1200 S OCEAN BLVD, PALM BEACH, FL 33480
Parcel: 50434335000020410 · Single Family · Zoning: 001
Assessed Value (2026)
$48,257,640
Property Details
Year Built
1924
Lot Sqft
156,089
Sales History
1
$24,000,000
2009-12-03
Tax Assessment History
$48,257,640
Assessed (2026)
$95,773,870
Market Value
$48,206,920
Taxable Value
$981,454
Annual Tax
2025
$48,257,640
$95,773,874
2026
$48,257,640
$95,773,870
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $48,257,640 | $95,773,870 | $48,206,920 | $981,454 | $69,009,500 | $26,764,370 |
| 2025 | $48,257,640 | $95,773,874 | $48,232,640 | $981,978 | $69,009,504 | $26,764,370 |
About 1200 S OCEAN BLVD, PALM BEACH, FL 33480
1200 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1924 on a 156,089 square foot lot. The property is currently owned by GREENE JEFFREY & GREENE MEI S, 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 2009-12-03 for $24,000,000. The 2026 assessed value is $48,257,640 with a market value of $95,773,870. This breaks down to $69,009,500 for the land and $26,764,370 for the building.
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.
1200 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 201% 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
GREENE JEFFREY & GREENE MEI S
1200 S OCEAN BLVD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$521,582 — $956,301
Flood $400 — $800
Property/Wind $521,182 — $955,501
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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