1296 S OCEAN BLVD, PALM BEACH, FL 33480
Parcel: 50434402000010070 · Single Family · Zoning: 001
Assessed Value (2026)
$48,201,030
Property Details
Year Built
1992
Lot Sqft
139,760
Sales History
1
$40,000,000
2020-03-05
Tax Assessment History
$48,201,030
Assessed (2026)
$53,392,630
Market Value
$48,201,030
Taxable Value
$981,334
Annual Tax
2025
$49,830,860
2026
$48,201,030
$53,392,630
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $48,201,030 | $53,392,630 | $48,201,030 | $981,334 | $52,107,820 | $1,284,809 |
| 2025 | $49,830,860 | $49,830,860 | $49,830,860 | $1,014,516 | $52,107,820 | $-2,276,960 |
About 1296 S OCEAN BLVD, PALM BEACH, FL 33480
1296 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1992 on a 139,760 square foot lot. The property is currently owned by MAHONEY MERRILL TRUST LLC, 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 2020-03-05 for $40,000,000. The 2026 assessed value is $48,201,030 with a market value of $53,392,630. This breaks down to $52,107,820 for the land and $1,284,809 for the building.
The assessed value decreased 3% from $49,830,860 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.
1296 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 121% 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
MAHONEY MERRILL TRUST LLC
1296 S OCEAN BLVD, PALM BEACH, FL, 33480
Since: 2026-04-03
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Est. Annual Insurance
$434,209 — $781,656
Flood $400 — $800
Property/Wind $433,809 — $780,856
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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