3031 S OCEAN BLVD, PALM BEACH, FL 33409

Parcel: 5043442606 · Multifamily 10 Units Or More · Zoning:

Assessed Value (2026)
$3,076,061

Property Details

Year Built
1982

Sales History

1
$9,755,000
2022-03-02

Tax Assessment History

$3,076,061
Assessed (2026)
$6,402,383
Market Value
$3,076,061
Taxable Value
$62,626
Annual Tax
2026
$3,076,061
$6,402,383
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $3,076,061 $6,402,383 $3,076,061 $62,626

About 3031 S OCEAN BLVD, PALM BEACH, FL 33409

3031 S OCEAN BLVD, PALM BEACH, FL 33409 is a property built in 1982. The property is currently owned by PB3031 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 2022-03-02 for $9,755,000. The 2026 assessed value is $3,076,061 with a market value of $6,402,383. This breaks down to $2,283,750 for the land and $4,118,633 for the building.

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 $130,844, and the median home value is $956,100.

The population density is 7,107 people per square mile. 3031 S OCEAN BLVD, PALM BEACH, FL 33409 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 32% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

PB3031 LLC
1801 S AUSTRALIAN AVE, WEST PALM BEACH, FL, 33409
Since: 2026-04-03
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$28,084 — $50,632
Flood $400 — $800
Property/Wind $27,684 — $49,832

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$130,844
Median Home Value$956,100
Pop. Density7,107/sq mi

Neighborhood 33409

44.9%
Owner-Occ
55.1%
Investor
5,115
Flips (4yr)
4,532
New Biz (3yr)
Distress Risk
MODERATE
29
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