4565 ISLAND REEF DR, WELLINGTON, FL 33449
Parcel: 73414426050000340 · Single Family · Zoning: 001
Assessed Value (2026)
$919,347
Property Details
Year Built
2004
Lot Sqft
12,112
Sales History
1
$627,944
2004-04-23
Tax Assessment History
$919,347
Assessed (2026)
$988,148
Market Value
$919,347
Taxable Value
$18,717
Annual Tax
2025
$988,148
2026
$919,347
$988,148
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $919,347 | $988,148 | $919,347 | $18,717 | $280,000 | $708,148 |
| 2025 | $988,148 | $988,148 | $988,148 | $20,118 | $280,000 | $708,148 |
About 4565 ISLAND REEF DR, WELLINGTON, FL 33449
4565 ISLAND REEF DR, WELLINGTON, FL 33449 is a property built in 2004 on a 12,112 square foot lot. The property is currently owned by OTTOMANELLI FRANK J &, 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 2004-04-23 for $627,944. The 2026 assessed value is $919,347 with a market value of $988,148. This breaks down to $280,000 for the land and $708,148 for the building.
The assessed value decreased 7% from $988,148 in 2025. The median household income in this area is $165,000, and the median home value is $660,200. The population density is 2,848 people per square mile.
4565 ISLAND REEF DR, WELLINGTON, FL 33449 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 146% 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
OTTOMANELLI FRANK J &
98 LAKE RD, KATONAH, New York, 10536
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$5,364 — $9,074
Flood $400 — $800
Property/Wind $4,964 — $8,274
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$165,000
Median Home Value$660,200
Pop. Density2,848/sq mi
Neighborhood 33449
93.1%
Owner-Occ
6.9%
Investor
133
Flips (4yr)
457
New Biz (3yr)
Distress Risk
MODERATE
25
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