118 S PALMWAY, LAKE WORTH, FL 33460

Parcel: 38434421150370040 · Single Family · Zoning: 001

Assessed Value (2026)
$382,023

Property Details

Year Built
1931
Lot Sqft
6,750

Sales History

1
$250,000
2025-03-01
2
$250,000
2025-03-13
3
$250,000
2025-04-05

Tax Assessment History

$382,023
Assessed (2026)
$382,023
Market Value
$382,023
Taxable Value
$7,778
Annual Tax
2025
$382,023
2026
$382,023
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $382,023 $382,023 $382,023 $7,778
2025 $382,023 $382,023 $382,023 $7,778

About 118 S PALMWAY, LAKE WORTH, FL 33460

118 S PALMWAY, LAKE WORTH, FL 33460 is a property built in 1931 on a 6,750 square foot lot. The property is currently owned by TRIPP SILVIA, 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 2025-04-05 for $250,000. There are 3 recorded sales for this property. The 2026 assessed value is $382,023 with a market value of $382,023.

This breaks down to $313,875 for the land and $68,148 for the building. 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 PALMWAY, 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 complete ownership history of this property spans from 2025 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 153% 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

TRIPP SILVIA
6632 E EDEN RD, HAMBURG, NY, 14075
Since: 2026-04-03
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,525 — $8,364
Flood $400 — $800
Property/Wind $4,125 — $7,564

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
View full risk analysis →
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