12248 WATERSTONE CIR, PALM BEACH GARDENS, FL 33412

Parcel: 52414215020000210 · Single Family · Zoning: 001

Assessed Value (2026)
$292,900

Property Details

Year Built
2024
Lot Sqft
8,520

Sales History

1
$1,170,189
2024-01-01
2
$1,170,189
2024-02-09
3
$1,510,000+29%
2025-09-01
4
$1,510,000
2025-09-09
5
$1,510,000
2025-09-17

Tax Assessment History

$292,900
Assessed (2026)
$623,222
Market Value
$242,178
Taxable Value
$4,931
Annual Tax
2025
$292,900
$623,222
2026
$292,900
$623,222
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $292,900 $623,222 $242,178 $4,931
2025 $292,900 $623,222 $267,900 $5,454

About 12248 WATERSTONE CIR, PALM BEACH GARDENS, FL 33412

12248 WATERSTONE CIR, PALM BEACH GARDENS, FL 33412 is a property built in 2024 on a 8,520 square foot lot. The property is currently owned by MODRZYNSKI MICHAEL P, 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 2025-09-17 for $1,510,000. There are 5 recorded sales for this property. The 2026 assessed value is $292,900 with a market value of $623,222.

This breaks down to $240,000 for the land and $383,222 for the building. The median household income in this area is $119,688, and the median home value is $486,400. The population density is 43 people per square mile.

There are active mortgage liens totaling $896,091 recorded against this property. 12248 WATERSTONE CIR, PALM BEACH GARDENS, FL 33412 is located in PALM BEACH GARDENS, Florida. Property records, tax assessments, sales history, and ownership information for this PALM BEACH GARDENS property are sourced from palm_beach County public records.

The complete ownership history of this property spans from 2024 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 19% 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

MODRZYNSKI MICHAEL P
26 RANDWOOD LN, BUFFALO, NY, 14216
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$1,981 — $3,800
Flood $400 — $800
Property/Wind $1,581 — $3,000

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$119,688
Median Home Value$486,400
Pop. Density43/sq mi

Neighborhood 12248

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
22
View full risk analysis →

Mortgages

ACTIVE 5.55% rate
$900,000
~$896,091 bal.
ROCKET MORTGAGE LLC · 2026-03-16
Est. Total Balance $896,091
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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