2500 S OCEAN BLVD 1 C 5, PALM BEACH, FL 33480

Parcel: 50434423070010035 · Condo · Zoning: 004

Assessed Value (2025)
$4,133,287

Property Details

Year Built
1978

Sales History

1
$5,300,000
2023-02-08

Tax Assessment History

$4,133,287
Assessed (2025)
$4,518,000
Market Value
$4,108,287
Taxable Value
$83,641
Annual Tax
2025
$4,133,287
$4,518,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $4,133,287 $4,518,000 $4,108,287 $83,641

About 2500 S OCEAN BLVD 1 C 5, PALM BEACH, FL 33480

2500 S OCEAN BLVD 1 C 5, PALM BEACH, FL 33480 is a property built in 1978. The property is currently owned by MATHRANI SANDEEP, 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 2023-02-08 for $5,300,000. The 2025 assessed value is $4,133,287 with a market value of $4,518,000. The property has the following tax exemptions: ex_9, ex_11, ex_12, ex_13, ex_14, ex_15, ex_16, ex_17, widow, veteran_10pct, disability_civilian, total_permanent_disability.

There are active mortgage liens totaling $705,443 recorded against this property. 2500 S OCEAN BLVD 1 C 5, 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 78% of the most recent sale price..

Current Owner

MATHRANI SANDEEP
2500 S OCEAN BLVD APT 1C5, PALM BEACH, Florida, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$37,599 — $67,759
Flood $400 — $800
Property/Wind $37,199 — $66,959

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 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 →

Mortgages

ACTIVE 1.75% rate
$811,000
~$705,443 bal.
BANK OF AMERICA NA · 2021-08-03
Est. Total Balance $705,443
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.