251 RIVER DR, TEQUESTA, FL 33469

Parcel: 60424026010000640 · Single Family · Zoning: 001

Assessed Value (2026)
$5,112,697

Property Details

Year Built
1969
Lot Sqft
23,650

Sales History

1
$4,200,000
2021-01-21

Tax Assessment History

$5,112,697
Assessed (2026)
$6,469,779
Market Value
$5,061,975
Taxable Value
$103,058
Annual Tax
2025
$5,112,697
$6,469,779
2026
$5,112,697
$6,469,779
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $5,112,697 $6,469,779 $5,061,975 $103,058
2025 $5,112,697 $6,469,779 $5,087,697 $103,581

About 251 RIVER DR, TEQUESTA, FL 33469

251 RIVER DR, TEQUESTA, FL 33469 is a property built in 1969 on a 23,650 square foot lot. The property is currently owned by SPILMAN JOHN & SPILMAN MARY, 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 2021-01-21 for $4,200,000. The 2026 assessed value is $5,112,697 with a market value of $6,469,779. This breaks down to $4,150,900 for the land and $2,318,879 for the building.

The property has the following tax exemptions: homestead. The median household income in this area is $168,125, and the median home value is $867,400. The population density is 2,295 people per square mile.

There are active mortgage liens totaling $2,554,909 recorded against this property. 251 RIVER DR, TEQUESTA, FL 33469 is located in TEQUESTA, Florida. Property records, tax assessments, sales history, and ownership information for this TEQUESTA property are sourced from palm_beach County public records.

The current assessed value represents 122% 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..

Current Owner

SPILMAN JOHN & SPILMAN MARY
251 RIVER DR, TEQUESTA, FL, 33469
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$55,617 — $102,031
Flood $400 — $800
Property/Wind $55,217 — $101,231

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$168,125
Median Home Value$867,400
Pop. Density2,295/sq mi

Neighborhood 33469

88.1%
Owner-Occ
11.9%
Investor
2,220
Flips (4yr)
1,290
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →

Mortgages

ACTIVE
$2,730,000
~$2,554,909 bal.
WELLS FARGO BANK NA · 2021-01-29
Est. Total Balance $2,554,909
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales