1450 WATERTOWER RD, LAKE PARK, FL 33403
Parcel: 36434220220000390 · Warehouse · Zoning: 048
Assessed Value (2026)
$16,285,420
Property Details
Year Built
2024
Lot Sqft
55,100
Sales History
1
$1,495,000
2022-03-11
2
$1,495,000
2022-03-18
Tax Assessment History
$16,285,420
Assessed (2026)
$16,285,420
Market Value
$16,285,420
Taxable Value
$331,558
Annual Tax
2025
$15,000,000
2026
$16,285,420
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $16,285,420 | $16,285,420 | $16,285,420 | $331,558 | $1,102,000 | $15,183,420 |
| 2025 | $15,000,000 | $15,000,000 | $15,000,000 | $305,388 | $1,102,000 | $13,898,000 |
About 1450 WATERTOWER RD, LAKE PARK, FL 33403
1450 WATERTOWER RD, LAKE PARK, FL 33403 is a property built in 2024 on a 55,100 square foot lot. The property is currently owned by DXD F1 LAKE PARK 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 2022-03-18 for $1,495,000. The 2026 assessed value is $16,285,420 with a market value of $16,285,420. This breaks down to $1,102,000 for the land and $15,183,420 for the building.
The assessed value increased 9% from $15,000,000 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.
1450 WATERTOWER RD, 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 2022 to 2022, with 2 recorded transactions in the public record.
The current assessed value represents 1089% 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
DXD F1 LAKE PARK LLC
PO BOX 92137, ALBUQUERQUE, NM, 87199
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$88,341 — $147,368
Flood $400 — $800
Property/Wind $87,941 — $146,568
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 33403
45.5%
Owner-Occ
54.5%
Investor
2,883
Flips (4yr)
1,754
New Biz (3yr)
Distress Risk
MODERATE
29
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