215 N FEDERAL HWY 1, LAKE WORTH, FL 33460
Parcel: 38434421150440130 · Multi-Family (<10) · Zoning: 008
Assessed Value (2026)
$718,883
Property Details
Year Built
1921
Lot Sqft
6,502
Sales History
1
$1,135,000
2023-09-15
2
$1,135,000
2023-09-22
Tax Assessment History
$718,883
Assessed (2026)
$718,883
Market Value
$718,883
Taxable Value
$14,636
Annual Tax
2025
$718,883
2026
$718,883
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $718,883 | $718,883 | $718,883 | $14,636 | $136,113 | $582,770 |
| 2025 | $718,883 | $718,883 | $718,883 | $14,636 | $136,113 | $582,770 |
About 215 N FEDERAL HWY 1, LAKE WORTH, FL 33460
215 N FEDERAL HWY 1, LAKE WORTH, FL 33460 is a property built in 1921 on a 6,502 square foot lot. The property is currently owned by PARAKEET & FLAMINGO 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 2023-09-22 for $1,135,000. The 2026 assessed value is $718,883 with a market value of $718,883. This breaks down to $136,113 for the land and $582,770 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 $58,716, and the median home value is $270,000.
The population density is 6,356 people per square mile. There are active mortgage liens totaling $1,100,000 recorded against this property. 215 N FEDERAL HWY 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 complete ownership history of this property spans from 2023 to 2023, with 2 recorded transactions in the public record. The current assessed value represents 63% 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
PARAKEET & FLAMINGO LLC
226 S LAKESIDE DR, LAKE WORTH BEACH, FL, 33460
Since: 2026-04-03
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Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$8,163 — $15,033
Flood $400 — $800
Property/Wind $7,763 — $14,233
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$58,716
Median Home Value$270,000
Pop. Density6,356/sq mi
Neighborhood 33460
43%
Owner-Occ
57%
Investor
1,467
Flips (4yr)
3,797
New Biz (3yr)
Distress Risk
MODERATE
30
Mortgages
ACTIVE
$1,100,000
0 ANCHOR VENTURE PARTNERS LLC · 2023-10-30
2 satisfied mortgages
SATISFIED 2022-11-29
$800,000
EMPORIUM TPO LLC
SATISFIED 2022-01-12
$546,000
CHOICE MORTGAGE
Est. Total Balance $1,100,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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