16 SOMERSET DR, PALM BEACH GARDENS, FL 33418
Parcel: 52424211200000690 · Single Family · Zoning: 001
Assessed Value (2026)
$563,819
Property Details
Year Built
1997
Lot Sqft
11,597
Sales History
1
$598,600
1997-06-01
Tax Assessment History
$563,819
Assessed (2026)
$1,925,059
Market Value
$513,097
Taxable Value
$10,446
Annual Tax
2025
$563,819
$1,925,059
2026
$563,819
$1,925,059
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $563,819 | $1,925,059 | $513,097 | $10,446 | $1,260,000 | $665,059 |
| 2025 | $563,819 | $1,925,059 | $538,819 | $10,970 | $1,260,000 | $665,059 |
About 16 SOMERSET DR, PALM BEACH GARDENS, FL 33418
16 SOMERSET DR, PALM BEACH GARDENS, FL 33418 is a property built in 1997 on a 11,597 square foot lot. The property is currently owned by TREMAINE RICHARD & TREMAINE LILLIANE, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 1997-06-01 for $598,600. The 2026 assessed value is $563,819 with a market value of $1,925,059. This breaks down to $1,260,000 for the land and $665,059 for the building.
The property has the following tax exemptions: homestead. The median household income in this area is $111,012, and the median home value is $576,300. The population density is 2,021 people per square mile.
16 SOMERSET DR, PALM BEACH GARDENS, FL 33418 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 current assessed value represents 94% of the most recent sale price..
Current Owner
TREMAINE RICHARD & TREMAINE LILLIANE
16 SOMERSET DR, PALM BEACH GARDENS, FL, 33418
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$4,459 — $7,904
Flood $400 — $800
Property/Wind $4,059 — $7,104
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$111,012
Median Home Value$576,300
Pop. Density2,021/sq mi
Neighborhood 33418
77.5%
Owner-Occ
22.5%
Investor
3,637
Flips (4yr)
3,544
New Biz (3yr)
Distress Risk
MODERATE
26
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