120 CLARENDON AVE, PALM BEACH, FL 33480

Parcel: 50434335080000040 · Single Family · Zoning: 001

Assessed Value (2026)
$35,600,660

Property Details

Year Built
2001
Lot Sqft
32,106

Sales History

1
$27,500,000
2025-01-01
2
$27,500,000
2025-01-07
3
$27,500,000
2025-01-14

Tax Assessment History

$35,600,660
Assessed (2026)
$35,600,660
Market Value
$35,600,660
Taxable Value
$724,801
Annual Tax
2025
$23,200,000
2026
$35,600,660
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $35,600,660 $35,600,660 $35,600,660 $724,801
2025 $23,200,000 $23,200,000 $23,200,000 $472,333

About 120 CLARENDON AVE, PALM BEACH, FL 33480

120 CLARENDON AVE, PALM BEACH, FL 33480 is a property built in 2001 on a 32,106 square foot lot. The property is currently owned by ROLNICK LAWRENCE & SORRENTINO KIMBERLY, 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 2025-01-14 for $27,500,000. There are 3 recorded sales for this property. The 2026 assessed value is $35,600,660 with a market value of $35,600,660.

This breaks down to $20,960,950 for the land and $14,639,710 for the building. The assessed value increased 53% from $23,200,000 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 $16,204,287 recorded against this property. 120 CLARENDON AVE, 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 2025 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 129% 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

ROLNICK LAWRENCE & SORRENTINO KIMBERLY
200 SHEFFIELD ST STE 201, MOUNTAINSIDE, NJ, 07092
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$256,724 — $449,368
Flood $400 — $800
Property/Wind $256,324 — $448,568

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
View full risk analysis →

Mortgages

ACTIVE 5.875% rate
$16,500,000
~$16,204,287 bal.
CITY NATIONAL BANK OF FLORIDA · 2025-01-14
1 satisfied mortgage
SATISFIED 2021-08-24
$17,200,000
BANK OF AMERICA NA
Est. Total Balance $16,204,287
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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