425 INDUSTRIAL ST 1, LAKE WORTH, FL 33418

Parcel: 38434421020230010 · Wareh/Dist Term · Zoning: 048

Assessed Value (2026)
$7,549,487

Property Details

Year Built
1965
Lot Sqft
179,613

Sales History

1
$1,275,000
1999-01-29

Tax Assessment History

$7,549,487
Assessed (2026)
$9,127,153
Market Value
$7,549,487
Taxable Value
$153,702
Annual Tax
2025
$9,127,153
2026
$7,549,487
$9,127,153
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $7,549,487 $9,127,153 $7,549,487 $153,702
2025 $9,127,153 $9,127,153 $9,127,153 $185,822

About 425 INDUSTRIAL ST 1, LAKE WORTH, FL 33418

425 INDUSTRIAL ST 1, LAKE WORTH, FL 33418 is a property built in 1965 on a 179,613 square foot lot. The property is currently owned by ROMANELLI MARIA A TR, 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 1999-01-29 for $1,275,000. The 2026 assessed value is $7,549,487 with a market value of $9,127,153. This breaks down to $1,554,629 for the land and $7,572,524 for the building.

The assessed value decreased 17% from $9,127,153 in 2025. 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 $46,169, and the median home value is $241,300. The population density is 11,654 people per square mile. 425 INDUSTRIAL ST 1, LAKE WORTH, FL 33418 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 592% 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

ROMANELLI MARIA A TR
128 VIZCAYA ESTATES DR, PALM BEACH GARDENS, FL, 33418
Since: 2026-04-03
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$81,934 — $150,279
Flood $400 — $800
Property/Wind $81,534 — $149,479

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$46,169
Median Home Value$241,300
Pop. Density11,654/sq mi

Neighborhood 33418

77.5%
Owner-Occ
22.5%
Investor
3,637
Flips (4yr)
3,544
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →
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