1220 S OCEAN BLVD, PALM BEACH, FL 33480
Parcel: 50434402060000010 · Single Family · Zoning: 001
Assessed Value (2026)
$60,946,010
Property Details
Year Built
2011
Lot Sqft
118,832
Sales History
1
$42,000,000
2013-06-07
Tax Assessment History
$60,946,010
Assessed (2026)
$78,429,620
Market Value
$60,946,010
Taxable Value
$1,240,812
Annual Tax
2025
$78,429,620
2026
$60,946,010
$78,429,620
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $60,946,010 | $78,429,620 | $60,946,010 | $1,240,812 | $52,975,220 | $25,454,400 |
| 2025 | $78,429,620 | $78,429,620 | $78,429,620 | $1,596,764 | $52,975,224 | $25,454,396 |
About 1220 S OCEAN BLVD, PALM BEACH, FL 33480
1220 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 2011 on a 118,832 square foot lot. The property is currently owned by 1220 SOUTH OCEAN BOULEVARD TRUST BARTLETT HOLLY ANN TR, 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 2013-06-07 for $42,000,000. The 2026 assessed value is $60,946,010 with a market value of $78,429,620. This breaks down to $52,975,220 for the land and $25,454,400 for the building.
The assessed value decreased 22% from $78,429,620 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.
1220 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 145% 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
1220 SOUTH OCEAN BOULEVARD TRUST BARTLETT HOLLY ANN TR
1220 S OCEAN BLVD, PALM BEACH, FL, 33480
Since: 2026-04-03
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Est. Annual Insurance
$329,508 — $549,314
Flood $400 — $800
Property/Wind $329,108 — $548,514
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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