5865 CARIBBEAN BLVD, WEST PALM BEACH, FL 33407
Parcel: 74424302050010000 · Multi-Family (10+) · Zoning: 003
Assessed Value (2026)
$19,625,620
Property Details
Year Built
1991
Lot Sqft
914,544
Sales History
1
$7,000,000
2012-12-13
Tax Assessment History
$19,625,620
Assessed (2026)
$19,625,620
Market Value
$19,625,620
Taxable Value
$399,562
Annual Tax
2025
$19,625,621
2026
$19,625,620
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $19,625,620 | $19,625,620 | $19,625,620 | $399,562 | $3,244,500 | $16,381,120 |
| 2025 | $19,625,621 | $19,625,621 | $19,625,621 | $399,562 | $3,244,500 | $16,381,121 |
About 5865 CARIBBEAN BLVD, WEST PALM BEACH, FL 33407
5865 CARIBBEAN BLVD, WEST PALM BEACH, FL 33407 is a property built in 1991 on a 914,544 square foot lot. The property is currently owned by CARIBBEAN VILLAS WEST PALM 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 2012-12-13 for $7,000,000. The 2026 assessed value is $19,625,620 with a market value of $19,625,620. This breaks down to $3,244,500 for the land and $16,381,120 for the building.
The assessed value decreased 0% from $19,625,621 in 2025. The median household income in this area is $68,194, and the median home value is $322,500. The population density is 1,898 people per square mile.
5865 CARIBBEAN BLVD, WEST PALM BEACH, FL 33407 is located in WEST PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this WEST PALM BEACH property are sourced from palm_beach County public records. The current assessed value represents 280% 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
CARIBBEAN VILLAS WEST PALM LLC
1 PARAGON DR STE 260, MONTVALE, NJ, 07645
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$177,030 — $318,735
Flood $400 — $800
Property/Wind $176,630 — $317,935
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$68,194
Median Home Value$322,500
Pop. Density1,898/sq mi
Neighborhood 33407
46.3%
Owner-Occ
53.7%
Investor
5,086
Flips (4yr)
4,003
New Biz (3yr)
Distress Risk
MODERATE
37
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