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240 Banyan Rd, Palm Beach, FL 33480 Property Records

Palm Beach County property record for 240 Banyan Rd, Palm Beach, FL 33480

Property Summary

Property TypeSingle Family Home
Details4 bd · 6 ba · 9,166 sqft · built 1991
Lot Size0.748 acres (32,570 sqft)
Owner2 Company Names on Record
Last Sale$20,760,000 (Sep 2015)
Tax Bill$284,784 (2025)
Deeds & MortgagesAug 2021 Mortgage
Flood ZoneZone AE (high risk)
APN50-43-43-26-00-002-0530

Property Details

APN / Parcel Number

Primary APN50-43-43-26-00-002-0530

Interior

Bedrooms4 Beds
Full Baths6 Baths
Half Baths2 Half Baths
Stories2 Stories
Building Area9,166 sqft Living Area
Gross Area11,365 sqft
1st Floor Area5,195 sqft
Upper Floors Area3,971 sqft
FlooringMarble
Interior WallsWallboard/Drywall
Fireplaces1 Fireplace
FireplaceFireplace
ElevatorElevator

Exterior

Year BuiltBuilt 1991
Effective Year BuiltEffective 2000
Exterior MaterialConcrete Block/Stucco
Construction TypeMasonry / Concrete Block
Roof TypeGable/Hip
Roof MaterialTile
Lot Area32,570 sqft (0.748 acres)
Lot Dimensions626 ft deep x 123 ft wide
Garage TypeAttached
Garage Area962 sqft

Exterior Amenities

Pool Area128 sqft
PorchFinished/Open Porch
Porch Area1,117 sqft
Patio Area2,562 sqft
Storage Building120 sqft
Boat AccessBoat Access

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelElectric

Location & Zoning

Street Address240 BANYAN RD
CityPALM BEACH
StateFL
Zip33480-4804
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR-A
Legal Description26-43-43~ IRREG PAR OF NLY 145.28 FT OF WLY 261.58 FT OF GOV LT 2 LYG S OF & ADJ TO BANYON RD & E OF LAKE WORTH
Legal Range43E
Legal Township43S
Legal Section26
Legal SubdivisionLAKE WORTH
Legal Block2
Legal Lot Number2
JurisdictionPALM BEACH FL
Township / Civil DivisionWEST PALM BEACH
Census Block Group3
Census Block3015
Census Tract3514

Owner

Source: Palm Beach County records, as of October 12, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Company Names on Record
Mailing Address240 BANYAN RD, PALM BEACH, FL 33480-4804
OccupancyOwner Occupied
Owner TypeCompany
VestingTrust, Corporate Trust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleSep 18, 2015 · Amount on Record
Deed SaleSep 18, 2015 · Amount on Record
Prior SaleJun 29, 2015 · Amount on Record
Deed Document Number2015345742
Deed Book / Page27809 / 1174
Record UpdatedOct 29, 2026

August 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPALM BEACH FL
Property Address240 BANYAN RD, PALM BEACH, FL 33480-4804
Transaction TypeMortgage
Record UpdatedFeb 23, 2024
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0327970032
DateAug 19, 2021
Book Page32797/32
Instrument20210387868
Lender
NameBANK OF AMERICA NA
TypeBank
AddressHOUSTON, TX 77046
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term181 Months
DueSep 1, 2036

Tax Assessment & Valuation

Source: Palm Beach County assessment roll, as of December 10, 2025

Property Jurisdictions

TypeName
StateFlorida
CountyPalm Beach County
MunicipalityPalm Beach Town
Unified School DistrictPalm Beach County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$284,784.00 (+5.01%) Homeowner's exemption$19,102,972 (+5.99%)$43,025,081 (+30.28%) Land $36,249,920 Building $6,775,161
2023$271,204.00 (-0.22%) Homeowner's exemption Widower's exemption$18,023,883 (+3%)$33,024,337 (+16.83%) Land $24,920,372 Building $8,103,965
2022$271,802.00 Homeowner's exemption Widower's exemption$17,498,916$28,267,043 Land $20,655,600 Building $7,611,443

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 24, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation7.0 ft
CoastalYes
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on Record
median of 334 policies
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies334 in force
Nearby Flood Claims4 (2005–2025)
Claims Outside the SFHA3 of 4
Most Recent ClaimOct 2025 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemWEST PALM BEACH WTP
serves 132,000 people · EPA ID FL4501559
Water SourceSurface water
Last State InspectionNov 2024
Lead3 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityTurbidity
resolved · Jul 2024
Total trihalomethanes
resolved · Jan 2022
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 98 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable		2,000 / 250
AT&T
DSL		100 / 20

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