1236 S OCEAN BLVD, PALM BEACH, FL 33480
Parcel: 50434402090000020 · Single Family · Zoning: 001
Assessed Value (2026)
$63,085,020
Property Details
Year Built
1998
Lot Sqft
257,222
Sales History
1
$10non-market transfer
2008-04-17
Tax Assessment History
$63,085,020
Assessed (2026)
$161,847,200
Market Value
$63,034,300
Taxable Value
$1,283,328
Annual Tax
2025
$63,085,022
$161,847,226
2026
$63,085,020
$161,847,200
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $63,085,020 | $161,847,200 | $63,034,300 | $1,283,328 | $135,809,300 | $26,037,910 |
| 2025 | $63,085,022 | $161,847,226 | $63,060,022 | $1,283,852 | $135,809,320 | $26,037,906 |
About 1236 S OCEAN BLVD, PALM BEACH, FL 33480
1236 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1998 on a 257,222 square foot lot. The property is currently owned by THORNTON JOHN L & THORNTON MARGARET B, 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 2008-04-17 for $10. The 2026 assessed value is $63,085,020 with a market value of $161,847,200. This breaks down to $135,809,300 for the land and $26,037,910 for the building.
The assessed value decreased 0% from $63,085,022 in 2025. 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. There are active mortgage liens totaling $47,844,699 recorded against this property. 1236 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..
Current Owner
THORNTON JOHN L & THORNTON MARGARET B
PO BOX 3163, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$454,612 — $795,671
Flood $400 — $800
Property/Wind $454,212 — $794,871
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
Mortgages
ACTIVE
$50,000,000
CITIBANK NA · 2022-09-09
1 satisfied mortgage
SATISFIED 2020-04-02
$20,000,000
CITIBANK NA
Est. Total Balance $47,844,699
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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