225 Chilean Ave Palm Beach, FL 33480
Estimated Value: $7,592,000 - $9,533,000
3
Beds
5
Baths
3,585
Sq Ft
$2,474/Sq Ft
Est. Value
About This Home
This home is located at 225 Chilean Ave, Palm Beach, FL 33480 and is currently estimated at $8,868,747, approximately $2,473 per square foot. 225 Chilean Ave 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
Mar 5, 2026
Sold by
May Michael and Kay Peyser-May Randell
Bought by
Michael J May Revocable Trust and May
Current Estimated Value
Purchase Details
Closed on
Sep 1, 2004
Sold by
United Properties Group Llc
Bought by
May Michael J
Purchase Details
Closed on
Oct 10, 2003
Sold by
Ocean Drive Development Corp
Bought by
United Properties Group Llc
Purchase Details
Closed on
Feb 12, 2002
Sold by
United Properties Group Llc
Bought by
Ocean Drive Development Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,877,322
Interest Rate
7.02%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 16, 2001
Sold by
Rahla Charles F
Bought by
United Properties Group and C
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| May Michael J | $2,632,000 | -- | |
| United Properties Group Llc | $4,177,322 | -- | |
| Ocean Drive Development Corp | $1,810,676 | -- | |
| United Properties Group | $780,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ocean Drive Development Corp | $3,877,322 |
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 |
|---|---|---|---|---|
| 2025 | $39,891 | $2,734,291 | -- | -- |
| 2024 | $39,891 | $2,657,231 | -- | -- |
| 2023 | $39,027 | $2,579,836 | $0 | $0 |
| 2022 | $39,079 | $2,504,695 | $0 | $0 |
| 2021 | $39,761 | $2,431,743 | $0 | $0 |
| 2020 | $39,839 | $2,398,169 | $0 | $0 |
| 2019 | $39,763 | $2,344,251 | $0 | $0 |
| 2018 | $37,786 | $2,300,541 | $0 | $0 |
| 2017 | $37,797 | $2,253,223 | $0 | $0 |
| 2016 | $37,469 | $2,206,879 | $0 | $0 |
| 2015 | $38,747 | $2,191,538 | $0 | $0 |
| 2014 | $38,934 | $2,174,145 | $0 | $0 |
Source: Public Records
Map
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