870 S OCEAN BLVD, PALM BEACH, FL 33480

Parcel: 50434335020000210 · Single Family · Zoning: 001

Assessed Value (2026)
$31,470,500

Property Details

Year Built
1987
Lot Sqft
18,928

Sales History

1
$28,500,000
2021-07-15
2
$37,100,000+30%
2026-03-26

Tax Assessment History

$31,470,500
Assessed (2026)
$38,743,230
Market Value
$31,470,500
Taxable Value
$640,714
Annual Tax
2025
$38,743,227
2026
$31,470,500
$38,743,230
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $31,470,500 $38,743,230 $31,470,500 $640,714
2025 $38,743,227 $38,743,227 $38,743,227 $788,781

About 870 S OCEAN BLVD, PALM BEACH, FL 33480

870 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1987 on a 18,928 square foot lot. The property is currently owned by K&M DOUGLAS TRUST DOUGLAS KEVIN TR, 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 2026-03-26 for $37,100,000. The property has appreciated $8,600,000 (30%) since the prior sale of $28,500,000 on 2021-07-15. The 2026 assessed value is $31,470,500 with a market value of $38,743,230.

This breaks down to $24,153,120 for the land and $14,590,110 for the building. The assessed value decreased 19% from $38,743,227 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 $6,650,000 recorded against this property. 870 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 2021 to 2026, with 2 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price..

Current Owner

K&M DOUGLAS TRUST DOUGLAS KEVIN TR
126 HILL DR, GREENBRAE, CA, 94904
Since: 2026-04-03
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Est. Annual Insurance

$283,634 — $510,622
Flood $400 — $800
Property/Wind $283,234 — $509,822

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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Mortgages

ACTIVE
$6,650,000
FRYD MORTGAGE LLC · 2021-01-29
Est. Total Balance $6,650,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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