1500 LUCERNE AVE, LAKE WORTH, FL 85308

Parcel: 38434421150040010 · Retirement · Zoning: 006

Assessed Value (2026)
$13,215,060

Property Details

Year Built
1967
Lot Sqft
112,060

Sales History

1
$2,778,400
2023-05-25
2
N/A
2023-06-05
3
$2,778,400
2023-07-13

Tax Assessment History

$13,215,060
Assessed (2026)
$15,026,590
Market Value
$265,291
Taxable Value
$5,401
Annual Tax
2025
$15,026,588
2026
$13,215,060
$15,026,590
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $13,215,060 $15,026,590 $265,291 $5,401
2025 $15,026,588 $15,026,588 $2,076,818 $42,282

About 1500 LUCERNE AVE, LAKE WORTH, FL 85308

1500 LUCERNE AVE, LAKE WORTH, FL 85308 is a property built in 1967 on a 112,060 square foot lot. The property is currently owned by LAKE WORTH TOWERS PRESERVATION LP RAINBOW HOUSING ASSISTANCE C/O, 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 2023-07-13 for $2,778,400. There are 3 recorded sales for this property. The 2026 assessed value is $13,215,060 with a market value of $15,026,590.

The assessed value decreased 12% from $15,026,588 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. 1500 LUCERNE AVE, LAKE WORTH, FL 85308 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 3 recorded transactions in the public record. The current assessed value represents 476% 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

LAKE WORTH TOWERS PRESERVATION LP RAINBOW HOUSING ASSISTANCE C/O
18001 N 79TH AVE STE E72, GLENDALE, AZ, 85308
Since: 2026-04-03
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Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$143,122 — $262,458
Flood $400 — $800
Property/Wind $142,722 — $261,658

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 85308

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
16
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