118 2ND ST, LAKE PARK, FL 33403

Parcel: 36434220010710570 · Single Family · Zoning: 001

Assessed Value (2026)
$134,847

Property Details

Year Built
1961
Lot Sqft
11,611

Sales History

1
$526,400
2025-12-04
2
$526,400
2025-12-09

Tax Assessment History

$134,847
Assessed (2026)
$364,897
Market Value
$84,125
Taxable Value
$1,713
Annual Tax
2025
$134,847
$364,897
2026
$134,847
$364,897
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $134,847 $364,897 $84,125 $1,713
2025 $134,847 $364,897 $109,847 $2,236

About 118 2ND ST, LAKE PARK, FL 33403

118 2ND ST, LAKE PARK, FL 33403 is a property built in 1961 on a 11,611 square foot lot. The property is currently owned by VELASQUEZ OLINDA L PEREZ & PEREZ PEREZ KLEBERSON D &, 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 2025-12-09 for $526,400. The 2026 assessed value is $134,847 with a market value of $364,897. This breaks down to $173,250 for the land and $191,647 for the building.

The median household income in this area is $76,750, and the median home value is $393,900. The population density is 5,965 people per square mile. There are active mortgage liens totaling $513,866 recorded against this property.

118 2ND ST, LAKE PARK, FL 33403 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 complete ownership history of this property spans from 2025 to 2025, with 2 recorded transactions in the public record.

The current assessed value represents 26% 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..

Current Owner

VELASQUEZ OLINDA L PEREZ & PEREZ PEREZ KLEBERSON D &
118 2ND ST, LAKE PARK, FL, 33403
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$76,750
Median Home Value$393,900
Pop. Density5,965/sq mi

Neighborhood 33403

45.5%
Owner-Occ
54.5%
Investor
2,883
Flips (4yr)
1,754
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →

Mortgages

ACTIVE
$516,865
~$513,866 bal.
JMAC LENDING INC · 2025-12-09
Est. Total Balance $513,866
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales