118 S LAKESIDE DR 1, LAKE WORTH, FL 33460
Parcel: 38434421150350040 · Multi-Family (<10) · Zoning: 008
Assessed Value (2026)
$414,898
Property Details
Year Built
1940
Lot Sqft
6,750
Sales History
1
$147,000
2012-05-07
Tax Assessment History
$414,898
Assessed (2026)
$733,003
Market Value
$414,898
Taxable Value
$8,447
Annual Tax
2025
$733,003
2026
$414,898
$733,003
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $414,898 | $733,003 | $414,898 | $8,447 | $313,875 | $419,128 |
| 2025 | $733,003 | $733,003 | $733,003 | $14,923 | $313,875 | $419,128 |
About 118 S LAKESIDE DR 1, LAKE WORTH, FL 33460
118 S LAKESIDE DR 1, LAKE WORTH, FL 33460 is a property built in 1940 on a 6,750 square foot lot. The property is currently owned by MASON & GIBBS 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 2012-05-07 for $147,000. The 2026 assessed value is $414,898 with a market value of $733,003. This breaks down to $313,875 for the land and $419,128 for the building.
The assessed value decreased 43% from $733,003 in 2025. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.
The median household income in this area is $68,505, and the median home value is $411,000. The population density is 5,311 people per square mile. 118 S LAKESIDE DR 1, 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 282% 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
MASON & GIBBS LLC
13801 EXOTICA LN, WELLINGTON, FL, 33414
Since: 2026-04-03
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$4,880 — $9,014
Flood $400 — $800
Property/Wind $4,480 — $8,214
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$68,505
Median Home Value$411,000
Pop. Density5,311/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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