1616 N PALMWAY, LAKE WORTH, FL 33460
Parcel: 38434415160560040 · Single Family · Zoning: 001
Assessed Value (2026)
$371,329
Property Details
Year Built
1950
Lot Sqft
5,000
Sales History
1
$345,000
2021-03-26
Tax Assessment History
$371,329
Assessed (2026)
$381,353
Market Value
$371,329
Taxable Value
$7,560
Annual Tax
2025
$381,353
2026
$371,329
$381,353
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $371,329 | $381,353 | $371,329 | $7,560 | $297,000 | $84,353 |
| 2025 | $381,353 | $381,353 | $381,353 | $7,764 | $297,000 | $84,353 |
About 1616 N PALMWAY, LAKE WORTH, FL 33460
1616 N PALMWAY, LAKE WORTH, FL 33460 is a property built in 1950 on a 5,000 square foot lot. The property is currently owned by MELENDEZ DALIA C, recorded as of 2026-04-01. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2021-03-26 for $345,000. The 2026 assessed value is $371,329 with a market value of $381,353. This breaks down to $297,000 for the land and $84,353 for the building.
The assessed value decreased 3% from $381,353 in 2025. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).
Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $68,505, and the median home value is $411,000. The population density is 5,311 people per square mile.
There are active mortgage liens totaling $226,480 recorded against this property. 1616 N PALMWAY, LAKE WORTH, FL 33460 is located in LAKE WORTH, Florida. Property records, tax assessments, sales history, and ownership information for this LAKE WORTH property are sourced from palm_beach County public records.
The current assessed value represents 108% of the most recent sale price..
Current Owner
MELENDEZ DALIA C
1616 N PALMWAY, LAKE WORTH BEACH, FL, 33460
Since: 2026-04-01
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$4,410 — $8,152
Flood $400 — $800
Property/Wind $4,010 — $7,352
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$68,505
Median Home Value$411,000
Pop. Density5,311/sq mi
Neighborhood 33460
43%
Owner-Occ
57%
Investor
1,467
Flips (4yr)
3,797
New Biz (3yr)
Distress Risk
MODERATE
30
Mortgages
ACTIVE
$241,500
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2021-04-26
Est. Total Balance $226,480
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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