615 INDUSTRIAL ST, LAKE WORTH, FL 33461

Parcel: 38434421110000190 · Warehouse · Zoning: 048

Assessed Value (2026)
$1,593,602

Property Details

Year Built
1980
Lot Sqft
19,170

Sales History

1
$2,300,000
2023-04-20
2
$2,300,000
2023-04-26

Tax Assessment History

$1,593,602
Assessed (2026)
$1,593,602
Market Value
$1,593,602
Taxable Value
$32,444
Annual Tax
2025
$1,593,602
2026
$1,593,602
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $1,593,602 $1,593,602 $1,593,602 $32,444
2025 $1,593,602 $1,593,602 $1,593,602 $32,444

About 615 INDUSTRIAL ST, LAKE WORTH, FL 33461

615 INDUSTRIAL ST, LAKE WORTH, FL 33461 is a property built in 1980 on a 19,170 square foot lot. The property is currently owned by SAMAND RE HOLDINGS 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 2023-04-26 for $2,300,000. The 2026 assessed value is $1,593,602 with a market value of $1,593,602. This breaks down to $301,928 for the land and $1,291,674 for the building.

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. There are active mortgage liens totaling $1,209,175 recorded against this property. 615 INDUSTRIAL ST, 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 complete ownership history of this property spans from 2023 to 2023, with 2 recorded transactions in the public record. The current assessed value represents 69% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

SAMAND RE HOLDINGS LLC
613 INDUSTRIAL ST, LAKE WORTH BEACH, FL, 33461
Since: 2026-04-03
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Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$14,742 — $26,616
Flood $400 — $800
Property/Wind $14,342 — $25,816

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 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
$1,226,322
~$1,209,175 bal.
BANK OF AMERICA NA · 2025-08-26
1 satisfied mortgage
SATISFIED 2025-08-26
$932,876
BANK OF AMERICA NA
Est. Total Balance $1,209,175
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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