505 GULF RD, NORTH PALM BEACH, FL 33408
Parcel: 68434216020190240 · Single Family · Zoning: 001
Assessed Value (2026)
$568,826
Property Details
Year Built
1958
Lot Sqft
7,537
Sales History
1
$650,000
2021-08-06
Tax Assessment History
$568,826
Assessed (2026)
$694,932
Market Value
$518,104
Taxable Value
$10,548
Annual Tax
2025
$568,826
$694,932
2026
$568,826
$694,932
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $568,826 | $694,932 | $518,104 | $10,548 | $459,000 | $235,932 |
| 2025 | $568,826 | $694,932 | $543,826 | $11,072 | $459,000 | $235,932 |
About 505 GULF RD, NORTH PALM BEACH, FL 33408
505 GULF RD, NORTH PALM BEACH, FL 33408 is a property built in 1958 on a 7,537 square foot lot. The property is currently owned by VERDREAM SHAWN P JR & VERDREAM LEAH, 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 2021-08-06 for $650,000. The 2026 assessed value is $568,826 with a market value of $694,932. This breaks down to $459,000 for the land and $235,932 for the building.
The property has the following tax exemptions: homestead. The median household income in this area is $82,844, and the median home value is $442,600. The population density is 5,493 people per square mile.
There are active mortgage liens totaling $517,543 recorded against this property. 505 GULF RD, NORTH PALM BEACH, FL 33408 is located in NORTH PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this NORTH PALM BEACH property are sourced from palm_beach County public records.
The current assessed value represents 88% of the most recent sale price..
Current Owner
VERDREAM SHAWN P JR & VERDREAM LEAH
505 GULF RD, NORTH PALM BEACH, FL, 33408
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$6,543 — $12,062
Flood $400 — $800
Property/Wind $6,143 — $11,262
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$82,844
Median Home Value$442,600
Pop. Density5,493/sq mi
Neighborhood 33408
78%
Owner-Occ
22%
Investor
5,806
Flips (4yr)
2,413
New Biz (3yr)
Distress Risk
MODERATE
31
Mortgages
ACTIVE
$548,250
CAPITAL CITY HOME LOANS LLC · 2021-08-26
Est. Total Balance $517,543
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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