118 TROPICAL AVE, WEST PALM BEACH, FL 33414
Parcel: 00424335020200010 · Multifamily < 5 Units · Zoning: 008
Assessed Value (2026)
$239,088
Property Details
Year Built
1954
Lot Sqft
33,606
Stories
2
Sales History
1
$10non-market transfer
2013-12-04
Tax Assessment History
$239,088
Assessed (2026)
$627,682
Market Value
$239,088
Taxable Value
$4,868
Annual Tax
2025
$627,682
2026
$239,088
$627,682
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $239,088 | $627,682 | $239,088 | $4,868 | $403,272 | $224,410 |
| 2025 | $627,682 | $627,682 | $627,682 | $12,779 | $403,272 | $224,410 |
About 118 TROPICAL AVE, WEST PALM BEACH, FL 33414
118 TROPICAL AVE, WEST PALM BEACH, FL 33414 is a property built in 1954 on a 33,606 square foot lot. The property is currently owned by FARMINGTON TRUST, 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 2013-12-04 for $10. The 2026 assessed value is $239,088 with a market value of $627,682. This breaks down to $403,272 for the land and $224,410 for the building.
The assessed value decreased 62% from $627,682 in 2025. The median household income in this area is $59,131, and the median home value is $407,700. The population density is 3,218 people per square mile.
118 TROPICAL AVE, WEST PALM BEACH, FL 33414 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
FARMINGTON TRUST
1601 FARMINGTON AVE, WELLINGTON, Florida, 33414
Since: 2026-04-03
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Est. Annual Insurance
$2,982 — $5,533
Flood $400 — $800
Property/Wind $2,582 — $4,733
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$59,131
Median Home Value$407,700
Pop. Density3,218/sq mi
Neighborhood 33414
74.9%
Owner-Occ
25.1%
Investor
3,862
Flips (4yr)
4,259
New Biz (3yr)
Distress Risk
MODERATE
26
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