7118 W LAKE DR, LAKE CLARKE SHORES, FL 33406
Parcel: 34434408110040100 · Single Family · Zoning: 001
Assessed Value (2026)
$328,994
Property Details
Year Built
1958
Lot Sqft
13,976
Sales History
1
$190,000
2016-04-13
Tax Assessment History
$328,994
Assessed (2026)
$423,919
Market Value
$328,994
Taxable Value
$6,698
Annual Tax
2025
$423,919
2026
$328,994
$423,919
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $328,994 | $423,919 | $328,994 | $6,698 | $241,428 | $182,491 |
| 2025 | $423,919 | $423,919 | $423,919 | $8,631 | $241,428 | $182,491 |
About 7118 W LAKE DR, LAKE CLARKE SHORES, FL 33406
7118 W LAKE DR, LAKE CLARKE SHORES, FL 33406 is a property built in 1958 on a 13,976 square foot lot. The property is currently owned by JUNKIN PROPERTIES 4 LLC, 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 2016-04-13 for $190,000. The 2026 assessed value is $328,994 with a market value of $423,919. This breaks down to $241,428 for the land and $182,491 for the building.
The assessed value decreased 22% from $423,919 in 2025. 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.
7118 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 current assessed value represents 173% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
JUNKIN PROPERTIES 4 LLC
7420 W LAKE DR, WEST PALM BEACH, FL, 33406
Since: 2026-04-03
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Est. Annual Insurance
$3,953 — $7,314
Flood $400 — $800
Property/Wind $3,553 — $6,514
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$112,733
Median Home Value$466,300
Pop. Density3,351/sq mi
Neighborhood 33406
65.4%
Owner-Occ
34.6%
Investor
812
Flips (4yr)
4,020
New Biz (3yr)
Distress Risk
MODERATE
28
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