510 N STATE ROAD 7, ROYAL PALM BEACH, FL 33411
Parcel: 72424331060010020 · 016 · Zoning: 016
Assessed Value (2026)
$24,285,250
Property Details
Year Built
2001
Lot Sqft
549,663
Sales History
1
$39,500,000
2020-01-08
Tax Assessment History
$24,285,250
Assessed (2026)
$24,285,250
Market Value
$24,285,250
Taxable Value
$494,428
Annual Tax
2025
$23,000,000
2026
$24,285,250
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $24,285,250 | $24,285,250 | $24,285,250 | $494,428 | $7,214,327 | $17,070,920 |
| 2025 | $23,000,000 | $23,000,000 | $23,000,000 | $468,262 | $ | $ |
About 510 N STATE ROAD 7, ROYAL PALM BEACH, FL 33411
510 N STATE ROAD 7, ROYAL PALM BEACH, FL 33411 is a property built in 2001 on a 549,663 square foot lot. The property is currently owned by CORAL SKY RETAIL 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 2020-01-08 for $39,500,000. The 2026 assessed value is $24,285,250 with a market value of $24,285,250. This breaks down to $7,214,327 for the land and $17,070,920 for the building.
The assessed value increased 6% from $23,000,000 in 2025. 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.
510 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 61% 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
1119 VON PHISTER ST, KEY WEST, Florida, 33040
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$175,253 — $306,794
Flood $400 — $800
Property/Wind $174,853 — $305,994
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
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