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640 Island Dr

Palm Beach, FL 33480

6 bd 8 ba 6,623 sqft Built 2010 Lot 18,731 sqft single_family
Most recent sale
$31,250,000
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $31,250,000 Public Record
Jun 1, 2022 Sold $31,250,000 MLS #A11130241
Dec 14, 2021 Listed $35,250,000 MLS #21-1756
Jun 30, 2014 Sold $13,261,475 MLS #RX-10044831
May 29, 2014 Listed $15,750,000 MLS #RX-10044831
Dec 20, 2013 Listed $15,750,000 MLS #13-2780
Dec 3, 2013 Listing removed $15,900,000 JTHSMLS
Oct 9, 2010 Listing removed $15,900,000 PalmBeachFL
Jun 22, 2010 Price changed $15,900,000 MLS #10-388
Feb 16, 2010 Listing removed $17,900,000 PalmBeachFL
Feb 12, 2010 Listed $16,450,000 MLS #R3087010
Feb 11, 2010 Listed $15,900,000 MLS #RX-3087010
Jun 1, 2009 Relisted $17,900,000 MLS #09-422
Feb 24, 2009 Listing removed $17,900,000 PalmBeachFL
Jul 18, 2000 Sold $2,929,500 Public Record
Apr 23, 1999 Sold $2,150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $6,198,384 $16,865,200 $23,063,584 $343,137
2023 $6,740,109 $19,466,192 $26,206,301 $381,249
2022 $19,828,509 $376,736
2021 $18,025,917 $322,201
2020 $16,387,197 $273,443
2019 $9,017,452 $5,880,000 $14,897,452 $252,214
2018 $7,804,330 $6,043,248 $13,847,578 $226,893
2017 $7,163,749 $5,595,600 $12,759,349 $213,787
2016 $12,587,757 $219,021
2015 $7,169,549 $4,273,866 $11,443,415 $206,299
2014 $5,529,278 $100,898
2013 $5,431,801 $98,527
2012 $5,482,115 $99,965
2011 $5,555,843 $103,707
2010 $4,129,340 $78,276
2009 $5,097,950 $93,236
2008 $5,097,950 $85,261
2007 $5,097,950 $85,807

Property facts

Year built
2010
Property type
single_family
Stories
2
Beds
6
Baths
8
Living area
6,623 sqft
Lot size
18,731 sqft
ZIP code
33480
City
Palm Beach
Street
Island Dr
Coordinates
26.69398, -80.04331

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$187,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 640 Island Dr last sell?
640 Island Dr most recently sold on Jun 6, 2022 for $31,250,000.
What is the current tax assessment for 640 Island Dr?
The most recent total assessment for 640 Island Dr (year 2025) is $23,063,584 with $343,137 in property tax.
How does 640 Island Dr's assessment compare to its last sale price?
The current assessment is 26.2% below the last sale price of $31,250,000.
When was 640 Island Dr built?
640 Island Dr was built in 2010.
How does 640 Island Dr compare to others on Island Dr?
We track 8 other properties on Island Dr. Browse the list under "Other properties on Island Dr" to compare beds, baths, and sale history.
What are the property facts for 640 Island Dr?
640 Island Dr is a 6 bed, 8 bath, 6,623 sqft, 18,731 sqft lot single_family.
Is 640 Island Dr a flip candidate?
No — 640 Island Dr does not appear in our flips dataset.
Is 640 Island Dr a tax-appeal candidate?
No — 640 Island Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$6.64M
2026 Q4
$6.65M
ZIP 33480 — Median Price History + Forecast

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