5118 CANAL RD, WEST PALM BEACH, FL 33487

Parcel: 00424402000001270 · Multifamily < 5 Units · Zoning: 008

Assessed Value (2026)
$194,613

Property Details

Year Built
1952
Lot Sqft
6,500
Stories
1

Sales History

1
$10non-market transfer
2019-01-23

Tax Assessment History

$194,613
Assessed (2026)
$294,000
Market Value
$194,613
Taxable Value
$3,962
Annual Tax
2025
$294,000
2026
$194,613
$294,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $194,613 $294,000 $194,613 $3,962
2025 $294,000 $294,000 $294,000 $5,986

About 5118 CANAL RD, WEST PALM BEACH, FL 33487

5118 CANAL RD, WEST PALM BEACH, FL 33487 is a property built in 1952 on a 6,500 square foot lot. The property is currently owned by LYONS EVANS RYAN P &amp; LYONS EVANS ANETTE T, 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 2019-01-23 for $10. The 2026 assessed value is $194,613 with a market value of $294,000. This breaks down to $156,670 for the land and $137,330 for the building.

The assessed value decreased 34% from $294,000 in 2025. The median household income in this area is $60,179, and the median home value is $338,000. The population density is 2,343 people per square mile.

5118 CANAL RD, WEST PALM BEACH, FL 33487 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

LYONS EVANS RYAN P & LYONS EVANS ANETTE T
4332 BRANDYWINE DR, BOCA RATON, FL, 33487
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$2,501 — $4,653
Flood $400 — $800
Property/Wind $2,101 — $3,853

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$60,179
Median Home Value$338,000
Pop. Density2,343/sq mi

Neighborhood 33487

72.7%
Owner-Occ
27.3%
Investor
5,882
Flips (4yr)
5,085
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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