7420 W LAKE DR, LAKE CLARKE SHORES, FL 33406

7420 W LAKE DR, LAKE CLARKE SHORES, FL 33406 is a property built in 1985 on a 26,661 square foot lot. The property is currently owned by WELCH TOBY S TRUST, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-03-26 for $3,588,705. There are 4 recorded sales for this property. The 2026 assessed value is $395,606 with a market value of $1,647,224.

This breaks down to $1,163,118 for the land and $484,106 for the building. The property has the following tax exemptions: homestead. The median household income in this area is $112,733, and the median home value is $466,300.

The population density is 3,351 people per square mile. There are active mortgage liens totaling $171,862 recorded against this property. 7420 W LAKE DR, LAKE CLARKE SHORES, FL 33406 is located in LAKE CLARKE SHORES, Florida.

Property records, tax assessments, sales history, and ownership information for this LAKE CLARKE SHORES property are sourced from palm_beach County public records. The complete ownership history of this property spans from 2024 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 11% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..