1950 S OCEAN BLVD, PALM BEACH, FL 33480
Parcel: 50434411030001070 · Single Family · Zoning: 001
Assessed Value (2026)
$16,000,430
Property Details
Year Built
1938
Lot Sqft
89,221
Sales History
1
$3,740,000
1987-09-01
Tax Assessment History
$16,000,430
Assessed (2026)
$50,315,890
Market Value
$15,949,700
Taxable Value
$324,723
Annual Tax
2025
$16,000,426
$50,315,889
2026
$16,000,430
$50,315,890
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $16,000,430 | $50,315,890 | $15,949,700 | $324,723 | $44,280,840 | $6,035,049 |
| 2025 | $16,000,426 | $50,315,889 | $15,975,426 | $325,247 | $44,280,840 | $6,035,049 |
About 1950 S OCEAN BLVD, PALM BEACH, FL 33480
1950 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1938 on a 89,221 square foot lot. The property is currently owned by MACK EARLE I, 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 1987-09-01 for $3,740,000. The 2026 assessed value is $16,000,430 with a market value of $50,315,890. This breaks down to $44,280,840 for the land and $6,035,049 for the building.
The assessed value increased 0% from $16,000,426 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 $11,586,503 recorded against this property. 1950 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 428% 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
MACK EARLE I
1950 S OCEAN BLVD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$173,204 — $317,608
Flood $400 — $800
Property/Wind $172,804 — $316,808
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 2.5% rate
$13,000,000
MORGAN STANLEY PRIVATE BANK NA · 2021-12-23
1 satisfied mortgage
SATISFIED 2020-04-22
$9,700,000
MORGAN STANLEY PRIVATE BANK NA
Est. Total Balance $11,586,503
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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