501 N STATE ROAD 7, ROYAL PALM BEACH, FL 33411
Parcel: 72414336040000010 · 016 · Zoning: 016
Assessed Value (2026)
$24,870,550
Property Details
Year Built
2001
Lot Sqft
151,203
Sales History
1
$34,000,000
2022-06-29
2
$34,000,000
2022-07-20
Tax Assessment History
$24,870,550
Assessed (2026)
$24,870,550
Market Value
$24,870,550
Taxable Value
$506,345
Annual Tax
2025
$24,870,554
2026
$24,870,550
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $24,870,550 | $24,870,550 | $24,870,550 | $506,345 | $7,000,000 | $17,870,550 |
| 2025 | $24,870,554 | $24,870,554 | $24,870,554 | $506,345 | $7,000,000 | $17,870,554 |
About 501 N STATE ROAD 7, ROYAL PALM BEACH, FL 33411
501 N STATE ROAD 7, ROYAL PALM BEACH, FL 33411 is a property built in 2001 on a 151,203 square foot lot. The property is currently owned by 511 SR7 OWNER 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 2022-07-20 for $34,000,000. The 2026 assessed value is $24,870,550 with a market value of $24,870,550. This breaks down to $7,000,000 for the land and $17,870,550 for the building.
The assessed value decreased 0% from $24,870,554 in 2025. The median household income in this area is $84,551, and the median home value is $365,400. The population density is 3,431 people per square mile.
There are active mortgage liens totaling $24,375,000 recorded against this property. 501 N STATE ROAD 7, ROYAL PALM BEACH, FL 33411 is located in ROYAL PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this ROYAL PALM BEACH property are sourced from palm_beach County public records.
The complete ownership history of this property spans from 2022 to 2022, with 2 recorded transactions in the public record. The current assessed value represents 73% of the most recent sale price..
Current Owner
511 SR7 OWNER LLC
110 WASHINGTON AVE APT 1315, MIAMI, FL, 33139
Since: 2026-04-03
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Est. Annual Insurance
$179,467 — $314,168
Flood $400 — $800
Property/Wind $179,067 — $313,368
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$84,551
Median Home Value$365,400
Pop. Density3,431/sq mi
Neighborhood 33411
75.6%
Owner-Occ
24.4%
Investor
6,469
Flips (4yr)
8,048
New Biz (3yr)
Distress Risk
MODERATE
27
Mortgages
ACTIVE
$24,375,000
CONNECTONE BANK · 2022-07-20
Est. Total Balance $24,375,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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