1255 S OCEAN BLVD, PALM BEACH, FL 33480

Parcel: 50434402100000070 · Single Family · Zoning: 001

Assessed Value (2026)
$47,941,460

Property Details

Year Built
2014
Lot Sqft
260,511

Sales History

1
$22,660,000
2011-04-08

Tax Assessment History

$47,941,460
Assessed (2026)
$101,379,600
Market Value
$47,890,730
Taxable Value
$975,017
Annual Tax
2025
$47,941,454
$101,379,652
2026
$47,941,460
$101,379,600
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $47,941,460 $101,379,600 $47,890,730 $975,017
2025 $47,941,454 $101,379,652 $47,916,454 $975,541

About 1255 S OCEAN BLVD, PALM BEACH, FL 33480

1255 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 2014 on a 260,511 square foot lot. The property is currently owned by PETERFFY THOMAS P PETERFFY THOMAS P 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 2011-04-08 for $22,660,000. The 2026 assessed value is $47,941,460 with a market value of $101,379,600. This breaks down to $88,810,420 for the land and $12,569,230 for the building.

The assessed value increased 0% from $47,941,454 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. 1255 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 212% 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

PETERFFY THOMAS P PETERFFY THOMAS P TR
1255 S OCEAN BLVD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$259,283 — $432,273
Flood $400 — $800
Property/Wind $258,883 — $431,473

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 →
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