1800 MADRID AVE, LAKE WORTH, FL 33461

Parcel: 38434421040020011 · Light Mfg · Zoning: 041

Assessed Value (2026)
$2,194,657

Property Details

Year Built
1954
Lot Sqft
85,665

Sales History

1
$1,100,000
2014-01-22

Tax Assessment History

$2,194,657
Assessed (2026)
$3,685,777
Market Value
$2,194,657
Taxable Value
$44,681
Annual Tax
2025
$3,685,777
2026
$2,194,657
$3,685,777
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $2,194,657 $3,685,777 $2,194,657 $44,681
2025 $3,685,777 $3,685,777 $3,685,777 $75,039

About 1800 MADRID AVE, LAKE WORTH, FL 33461

1800 MADRID AVE, LAKE WORTH, FL 33461 is a property built in 1954 on a 85,665 square foot lot. The property is currently owned by 1800 MADRID LLC, 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 2014-01-22 for $1,100,000. The 2026 assessed value is $2,194,657 with a market value of $3,685,777. This breaks down to $1,370,640 for the land and $2,315,137 for the building.

The assessed value decreased 40% from $3,685,777 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 $46,978, and the median home value is $248,900. The population density is 7,015 people per square mile. There are active mortgage liens totaling $605,000 recorded against this property.

1800 MADRID AVE, LAKE WORTH, FL 33461 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 200% 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

1800 MADRID LLC
1800 MADRID AVE, LAKE WORTH, FL, 33461
Since: 2026-04-03
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$24,102 — $44,254
Flood $400 — $800
Property/Wind $23,702 — $43,454

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$46,978
Median Home Value$248,900
Pop. Density7,015/sq mi

Neighborhood 33461

49%
Owner-Occ
51%
Investor
4,906
Flips (4yr)
5,065
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →

Mortgages

ACTIVE
$605,000
COMERICA BANK · 2021-12-14
1 satisfied mortgage
SATISFIED 2021-12-14
$1,562,500
COMERICA BANK
Est. Total Balance $605,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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