500 N STATE ROAD 7, ROYAL PALM BEACH, FL 33411
Parcel: 72424331060010010 · 013 · Zoning: 013
Assessed Value (2026)
$12,626,260
Property Details
Year Built
1999
Lot Sqft
490,842
Sales History
1
$39,500,000
2020-01-08
Tax Assessment History
$12,626,260
Assessed (2026)
$12,626,260
Market Value
$12,626,260
Taxable Value
$257,061
Annual Tax
2025
$12,626,260
2026
$12,626,260
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $12,626,260 | $12,626,260 | $12,626,260 | $257,061 | $6,442,301 | $6,183,959 |
| 2025 | $12,626,260 | $12,626,260 | $12,626,260 | $257,061 | $6,442,301 | $6,183,959 |
About 500 N STATE ROAD 7, ROYAL PALM BEACH, FL 33411
500 N STATE ROAD 7, ROYAL PALM BEACH, FL 33411 is a property built in 1999 on a 490,842 square foot lot. The property is currently owned by CORAL SKY RETAIL LLC KENNETH SILVERMAN C/O, 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 2020-01-08 for $39,500,000. The 2026 assessed value is $12,626,260 with a market value of $12,626,260. This breaks down to $6,442,301 for the land and $6,183,959 for the building.
The median household income in this area is $202,540, and the median home value is $759,400. The population density is 859 people per square mile. There are active mortgage liens totaling $26,125,000 recorded against this property.
500 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 current assessed value represents 32% 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
CORAL SKY RETAIL LLC KENNETH SILVERMAN C/O
1119 VON PHISTER ST, KEY WEST, FL, 33040
Since: 2026-04-03
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Est. Annual Insurance
$91,309 — $159,890
Flood $400 — $800
Property/Wind $90,909 — $159,090
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$202,540
Median Home Value$759,400
Pop. Density859/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
$26,125,000
MORGAN STANLEY BANK NA · 2020-01-22
Est. Total Balance $26,125,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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