12535 SOUTH SHORE BLVD, WELLINGTON, FL 33414

Parcel: 73414410330000000 · Multi-Family (10+) · Zoning: 003

Assessed Value (2026)
$71,193,250

Property Details

Year Built
1991
Lot Sqft
746,183

Sales History

1
$58,000,000
2016-02-17

Tax Assessment History

$71,193,250
Assessed (2026)
$71,193,250
Market Value
$71,193,250
Taxable Value
$1,449,438
Annual Tax
2025
$71,193,244
2026
$71,193,250
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $71,193,250 $71,193,250 $71,193,250 $1,449,438
2025 $71,193,244 $71,193,244 $71,193,244 $1,449,437

About 12535 SOUTH SHORE BLVD, WELLINGTON, FL 33414

12535 SOUTH SHORE BLVD, WELLINGTON, FL 33414 is a property built in 1991 on a 746,183 square foot lot. The property is currently owned by WELLINGTON RESIDENTIAL LLC & WELLINGTON RESIDENTIAL II 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 2016-02-17 for $58,000,000. The 2026 assessed value is $71,193,250 with a market value of $71,193,250. This breaks down to $19,200,000 for the land and $51,993,240 for the building.

The assessed value increased 0% from $71,193,244 in 2025. The median household income in this area is $88,792, and the median home value is $461,800. The population density is 3,235 people per square mile.

12535 SOUTH SHORE BLVD, WELLINGTON, FL 33414 is located in WELLINGTON, Florida. Property records, tax assessments, sales history, and ownership information for this WELLINGTON property are sourced from palm_beach County public records. The current assessed value represents 123% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..

Current Owner

WELLINGTON RESIDENTIAL LLC & WELLINGTON RESIDENTIAL II LLC
295 MADISON AVE, NEW YORK, NY, 10017
Since: 2026-04-03
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Est. Annual Insurance

$641,139 — $1,154,130
Flood $400 — $800
Property/Wind $640,739 — $1,153,330

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$88,792
Median Home Value$461,800
Pop. Density3,235/sq mi

Neighborhood 12535

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
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