422 N PALMWAY 1, LAKE WORTH, FL 33460
Parcel: 38434421151020060 · Multi-Family (<10) · Zoning: 008
Assessed Value (2026)
$463,706
Property Details
Year Built
1939
Lot Sqft
6,750
Sales History
1
$520,000
2019-05-09
Tax Assessment History
$463,706
Assessed (2026)
$658,854
Market Value
$463,706
Taxable Value
$9,441
Annual Tax
2025
$658,854
2026
$463,706
$658,854
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $463,706 | $658,854 | $463,706 | $9,441 | $339,525 | $319,329 |
| 2025 | $658,854 | $658,854 | $658,854 | $13,414 | $339,525 | $319,329 |
About 422 N PALMWAY 1, LAKE WORTH, FL 33460
422 N PALMWAY 1, LAKE WORTH, FL 33460 is a property built in 1939 on a 6,750 square foot lot. The property is currently owned by SULAIMAN HAROON S & SULAIMAN AZIZA T, 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 2019-05-09 for $520,000. The 2026 assessed value is $463,706 with a market value of $658,854. This breaks down to $339,525 for the land and $319,329 for the building.
The assessed value decreased 30% from $658,854 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. There are active mortgage liens totaling $312,905 recorded against this property.
422 N PALMWAY 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 89% of the most recent sale price..
Current Owner
SULAIMAN HAROON S & SULAIMAN AZIZA T
430 S DIXIE HWY STE 2, LAKE WORTH BEACH, FL, 33460
Since: 2026-04-03
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$5,408 — $9,981
Flood $400 — $800
Property/Wind $5,008 — $9,181
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
Mortgages
ACTIVE
$388,000
BLUE CHIP LENDING SERVICES INC · 2022-01-21
Est. Total Balance $312,905
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales