2875 S OCEAN BLVD, PALM BEACH, FL 33480
Parcel: 50434423000020190 · Office · Zoning: 017
Assessed Value (2026)
$13,750,000
Property Details
Year Built
1982
Lot Sqft
99,828
Sales History
1
$15,000,000
2023-01-19
2
$10non-market transfer
2024-01-01
3
$10non-market transfer
2024-01-31
4
N/A
2024-02-13
Tax Assessment History
$13,750,000
Assessed (2026)
$13,750,000
Market Value
$13,750,000
Taxable Value
$279,939
Annual Tax
2025
$13,750,000
2026
$13,750,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $13,750,000 | $13,750,000 | $13,750,000 | $279,939 | $0 | $0 |
| 2025 | $13,750,000 | $13,750,000 | $13,750,000 | $279,939 | $ | $ |
About 2875 S OCEAN BLVD, PALM BEACH, FL 33480
2875 S OCEAN BLVD, PALM BEACH, FL 33480 is a property built in 1982 on a 99,828 square foot lot. The property is currently owned by 2875 OCEAN LLC, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 4 recorded sales for this property. The 2026 assessed value is $13,750,000 with a market value of $13,750,000. 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 $10,000,000 recorded against this property. 2875 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 complete ownership history of this property spans from 2023 to 2024, with 4 recorded transactions in the public record..
Current Owner
2875 OCEAN LLC
616 NIMES RD, LOS ANGELES, CA, 90077
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$124,150 — $223,550
Flood $400 — $800
Property/Wind $123,750 — $222,750
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
$10,000,000
JPMORGAN CHASE BANK NA · 2025-12-19
Est. Total Balance $10,000,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales