1617 TERRACE DR W, LAKE WORTH, FL 33460
Parcel: 38434416150010190 · Single Family · Zoning: 001
Assessed Value (2026)
$172,370
Property Details
Year Built
1961
Lot Sqft
8,200
Sales History
1
$135,000
2000-03-29
Tax Assessment History
$172,370
Assessed (2026)
$498,618
Market Value
$121,648
Taxable Value
$2,477
Annual Tax
2025
$172,370
$498,618
2026
$172,370
$498,618
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $172,370 | $498,618 | $121,648 | $2,477 | $288,700 | $209,918 |
| 2025 | $172,370 | $498,618 | $147,370 | $3,000 | $288,700 | $209,918 |
About 1617 TERRACE DR W, LAKE WORTH, FL 33460
1617 TERRACE DR W, LAKE WORTH, FL 33460 is a property built in 1961 on a 8,200 square foot lot. The property is currently owned by SMARK MICHAEL J, 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 2000-03-29 for $135,000. The 2026 assessed value is $172,370 with a market value of $498,618. This breaks down to $288,700 for the land and $209,918 for the building.
The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.
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. 1617 TERRACE DR W, 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 128% 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
SMARK MICHAEL J
1617 W TERRACE DR, LAKE WORTH BEACH, FL, 33460
Since: 2026-04-03
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$2,261 — $4,212
Flood $400 — $800
Property/Wind $1,861 — $3,412
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 33460
43%
Owner-Occ
57%
Investor
1,467
Flips (4yr)
3,797
New Biz (3yr)
Distress Risk
MODERATE
30
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