NOT LISTED FOR SALE

1275 S Ocean Blvd Palm Beach, FL 33480

Estimated Value: $6,810,000 - $71,307,392

6 Beds
8 Baths
13,278 Sq Ft
$2,942/Sq Ft Est. Value

About This Home

This home is located at 1275 S Ocean Blvd, Palm Beach, FL 33480 and is currently estimated at $39,058,696, approximately $2,941 per square foot. 1275 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2013
Sold by
Hammonds Sandra and Hammons Bruce L
Bought by
1275 South Ocean Boulevard Llc
Current Estimated Value
$39,058,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2008
Sold by
1275 South County Inc
Bought by
Hammonds Sandra

Purchase Details

Closed on
Sep 20, 2006
Sold by
1275 S County Llc
Bought by
1275 South County Inc

Purchase Details

Closed on
Apr 15, 2005
Sold by
Edwards William J and Edwards Julia M
Bought by
1275 S County Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,600,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1275 South Ocean Boulevard Llc $28,500,000 Attorney
Hammonds Sandra -- Attorney
1275 South County Inc $15,000,000 None Available
1275 S County Llc $9,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1275 South Ocean Boulevard Llc $5,200,000
Open 1275 South Ocean Boulevard Llc $20,000,000
Closed 1275 South Ocean Boulevard Llc $20,000,000
Previous Owner 1275 S County Llc $7,600,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $629,705 $35,875,615 -- --
2023 $522,050 $32,614,195 $0 $0
2022 $484,725 $29,649,268 $0 $0
2021 $437,507 $26,953,880 $20,045,140 $6,908,740
2020 $653,274 $39,596,522 $33,900,000 $5,696,522
2019 $659,506 $39,642,448 $32,700,000 $6,942,448
2018 $574,612 $35,248,046 $30,177,447 $5,070,599
2017 $565,133 $36,561,380 $31,765,734 $4,795,646
2016 $555,042 $29,189,006 $0 $0
2015 $508,859 $26,532,205 $0 $0
2014 $437,857 $24,120,186 $0 $0
Source: Public Records

Map

Florida Palm Beach County Palm Beach 33480

1275 S Ocean Blvd, Palm Beach, FL

This home is located at 1275 S Ocean Blvd, Palm Beach, FL 33480 and is currently estimated at $39,058,696, approximately $2,941 per square foot. 1275 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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