1200 S CONGRESS AVE, PALM SPRINGS, FL 33406

Parcel: 70434408000003090 · 027 · Zoning: 027

Assessed Value (2026)
$16,213,510

Property Details

Year Built
2016
Lot Sqft
641,647

Sales History

1
$24,000,000
2025-05-01
2
$24,000,000
2025-05-22
3
$24,000,000
2025-06-12

Tax Assessment History

$16,213,510
Assessed (2026)
$16,213,510
Market Value
$16,213,510
Taxable Value
$330,094
Annual Tax
2025
$16,213,512
2026
$16,213,510
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $16,213,510 $16,213,510 $16,213,510 $330,094
2025 $16,213,512 $16,213,512 $16,213,512 $330,094

About 1200 S CONGRESS AVE, PALM SPRINGS, FL 33406

1200 S CONGRESS AVE, PALM SPRINGS, FL 33406 is a property built in 2016 on a 641,647 square foot lot. The property is currently owned by MGX I LLC &, 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 2025-06-12 for $24,000,000. There are 3 recorded sales for this property. The 2026 assessed value is $16,213,510 with a market value of $16,213,510.

This breaks down to $8,020,588 for the land and $8,192,924 for the building. The assessed value decreased 0% from $16,213,512 in 2025. The median household income in this area is $112,733, and the median home value is $466,300.

The population density is 3,351 people per square mile. 1200 S CONGRESS AVE, PALM SPRINGS, FL 33406 is located in PALM SPRINGS, Florida. Property records, tax assessments, sales history, and ownership information for this PALM SPRINGS property are sourced from palm_beach County public records.

The complete ownership history of this property spans from 2025 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 68% 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

MGX I LLC &
3301 NE 1ST AVE STE 109, MIAMI, Florida, 33137
Since: 2026-04-03
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Est. Annual Insurance

$87,952 — $146,721
Flood $400 — $800
Property/Wind $87,552 — $145,921

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$112,733
Median Home Value$466,300
Pop. Density3,351/sq mi

Neighborhood 33406

65.4%
Owner-Occ
34.6%
Investor
812
Flips (4yr)
4,020
New Biz (3yr)
Distress Risk
MODERATE
28
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