2720 S OCEAN BLVD, PALM BEACH, FL 33137

Parcel: 50434423000010020 · Motel · Zoning: 039

Assessed Value (2026)
$11,057,720

Property Details

Year Built
1967
Lot Sqft
75,797

Sales History

1
$10,226,052
2022-09-07
2
$10,226,052
2022-10-19
3
N/A
2022-10-19

Tax Assessment History

$11,057,720
Assessed (2026)
$19,979,390
Market Value
$11,057,720
Taxable Value
$225,126
Annual Tax
2025
$19,979,391
2026
$11,057,720
$19,979,390
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $11,057,720 $19,979,390 $11,057,720 $225,126
2025 $19,979,391 $19,979,391 $19,979,391 $406,764

About 2720 S OCEAN BLVD, PALM BEACH, FL 33137

2720 S OCEAN BLVD, PALM BEACH, FL 33137 is a property built in 1967 on a 75,797 square foot lot. The property is currently owned by PALM BEACH EDGEWATER FEE BORROWER LLC, 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 2022-10-19 for $10,226,052. There are 3 recorded sales for this property. The 2026 assessed value is $11,057,720 with a market value of $19,979,390.

This breaks down to $15,538,390 for the land and $4,441,006 for the building. The assessed value decreased 45% from $19,979,391 in 2025. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. 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 $17,500,000 recorded against this property. 2720 S OCEAN BLVD, PALM BEACH, FL 33137 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 complete ownership history of this property spans from 2022 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 108% of the most recent sale price..

Current Owner

PALM BEACH EDGEWATER FEE BORROWER LLC
4100 NE 2ND AVE STE 307, MIAMI, FL, 33137
Since: 2026-04-03
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People Behind This Entity

Registered Agent: CAPITOL CORPORATE SERVICES, INC.
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$119,823 — $219,742
Flood $400 — $800
Property/Wind $119,423 — $218,942

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 33137

28.8%
Owner-Occ
71.2%
Investor
365
Flips (4yr)
11,928
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$17,500,000
MAXIM CREDIT GROUP LLC · 2021-06-11
Est. Total Balance $17,500,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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