1245 WATERTOWER RD, LAKE PARK, FL 33409
Parcel: 36434220000003060 · Auto Sales · Zoning: 027
Assessed Value (2026)
$4,619,413
Property Details
Year Built
1996
Lot Sqft
170,960
Sales History
1
$2,600,000
2020-10-19
Tax Assessment History
$4,619,413
Assessed (2026)
$5,188,269
Market Value
$4,619,413
Taxable Value
$94,048
Annual Tax
2025
$5,188,269
2026
$4,619,413
$5,188,269
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $4,619,413 | $5,188,269 | $4,619,413 | $94,048 | $2,051,520 | $3,136,749 |
| 2025 | $5,188,269 | $5,188,269 | $5,188,269 | $105,629 | $2,051,520 | $3,136,749 |
About 1245 WATERTOWER RD, LAKE PARK, FL 33409
1245 WATERTOWER RD, LAKE PARK, FL 33409 is a property built in 1996 on a 170,960 square foot lot. The property is currently owned by SCHUMACHER AUTOMOTIVE INC, 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 2020-10-19 for $2,600,000. The 2026 assessed value is $4,619,413 with a market value of $5,188,269. This breaks down to $2,051,520 for the land and $3,136,749 for the building.
The assessed value decreased 11% from $5,188,269 in 2025. The median household income in this area is $73,065, and the median home value is $283,000. The population density is 5,773 people per square mile.
1245 WATERTOWER RD, LAKE PARK, FL 33409 is located in LAKE PARK, Florida. Property records, tax assessments, sales history, and ownership information for this LAKE PARK property are sourced from palm_beach County public records. The current assessed value represents 178% 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
SCHUMACHER AUTOMOTIVE INC
3031 OKEECHOBEE BLVD, WEST PALM BEACH, FL, 33409
Since: 2026-04-03
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Est. Annual Insurance
$33,659 — $59,004
Flood $400 — $800
Property/Wind $33,259 — $58,204
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$73,065
Median Home Value$283,000
Pop. Density5,773/sq mi
Neighborhood 33409
44.9%
Owner-Occ
55.1%
Investor
5,115
Flips (4yr)
4,532
New Biz (3yr)
Distress Risk
MODERATE
29
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