550 PALM BEACH RD, SOUTH BAY, FL 33493
Parcel: 58364414152500020 · Single Family · Zoning: 001
Assessed Value (2026)
$73,455
Property Details
Year Built
1996
Lot Sqft
10,515
Sales History
1
$12,500
1995-08-01
Tax Assessment History
$73,455
Assessed (2026)
$158,037
Market Value
$25,000
Taxable Value
$509
Annual Tax
2025
$73,455
$158,037
2026
$73,455
$158,037
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $73,455 | $158,037 | $25,000 | $509 | $18,000 | $140,037 |
| 2025 | $73,455 | $158,037 | $48,455 | $987 | $18,000 | $140,037 |
About 550 PALM BEACH RD, SOUTH BAY, FL 33493
550 PALM BEACH RD, SOUTH BAY, FL 33493 is a property built in 1996 on a 10,515 square foot lot. The property is currently owned by WELCH CHERYL, 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 1995-08-01 for $12,500. The 2026 assessed value is $73,455 with a market value of $158,037. This breaks down to $18,000 for the land and $140,037 for the building.
The property has the following tax exemptions: homestead. The median household income in this area is $56,007, and the median home value is $115,700. The population density is 562 people per square mile.
There are active mortgage liens totaling $156,796 recorded against this property. 550 PALM BEACH RD, SOUTH BAY, FL 33493 is located in SOUTH BAY, Florida. Property records, tax assessments, sales history, and ownership information for this SOUTH BAY property are sourced from palm_beach County public records.
The current assessed value represents 588% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $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$56,007
Median Home Value$115,700
Pop. Density562/sq mi
Neighborhood 33493
58.7%
Owner-Occ
41.3%
Investor
0
Flips (4yr)
164
New Biz (3yr)
Distress Risk
MODERATE
26
Mortgages
ACTIVE
$159,250
FIRST OPTION MORTGAGE LLC · 2025-01-16
Est. Total Balance $156,796
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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