505 BANYAN BLVD, WEST PALM BEACH, FL 33401

Parcel: 74434321010510010 · 086 · Zoning: 086

Assessed Value (2026)
$54,706,300

Property Details

Year Built
1997
Lot Sqft
264,627

Sales History

1
$100non-market transfer
1995-03-01

Tax Assessment History

$54,706,300
Assessed (2026)
$65,960,310
Market Value
$0
Taxable Value
2025
$65,960,314
2026
$54,706,300
$65,960,310
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $54,706,300 $65,960,310 $0
2025 $65,960,314 $65,960,314 $

About 505 BANYAN BLVD, WEST PALM BEACH, FL 33401

505 BANYAN BLVD, WEST PALM BEACH, FL 33401 is a property built in 1997 on a 264,627 square foot lot. The property is currently owned by PALM BEACH COUNTY, 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 1995-03-01 for $100. The 2026 assessed value is $54,706,300 with a market value of $65,960,310. This breaks down to $34,401,510 for the land and $31,558,800 for the building.

The assessed value decreased 17% from $65,960,314 in 2025. The median household income in this area is $42,692, and the median home value is $244,700. The population density is 8,578 people per square mile.

505 BANYAN BLVD, WEST PALM BEACH, FL 33401 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..

Current Owner

PALM BEACH COUNTY
2633 VISTA PKWY, ROYAL PALM BEACH, Florida, 33411
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$394,285 — $690,099
Flood $400 — $800
Property/Wind $393,885 — $689,299

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$42,692
Median Home Value$244,700
Pop. Density8,578/sq mi

Neighborhood 33401

36.2%
Owner-Occ
63.8%
Investor
9,096
Flips (4yr)
7,466
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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