508 5TH AVE N, LAKE WORTH, FL 33460

Parcel: 38434421151560302 · Single Family · Zoning: 001

Assessed Value (2026)
$199,745

Property Details

Year Built
1929
Lot Sqft
3,375

Sales History

1
$118,500
2017-05-25

Tax Assessment History

$199,745
Assessed (2026)
$273,780
Market Value
$199,745
Taxable Value
$4,067
Annual Tax
2025
$273,780
2026
$199,745
$273,780
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $199,745 $273,780 $199,745 $4,067
2025 $273,780 $273,780 $273,780 $5,574

About 508 5TH AVE N, LAKE WORTH, FL 33460

508 5TH AVE N, LAKE WORTH, FL 33460 is a property built in 1929 on a 3,375 square foot lot. The property is currently owned by SHANSHAN PROPERTIES LLC, recorded as of 2026-04-01. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2017-05-25 for $118,500. The 2026 assessed value is $199,745 with a market value of $273,780. This breaks down to $166,850 for the land and $106,930 for the building.

The assessed value decreased 27% from $273,780 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 $58,716, and the median home value is $270,000. The population density is 6,356 people per square mile. 508 5TH AVE N, 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 169% 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

SHANSHAN PROPERTIES LLC
455 NE 5TH AVE STE D378, DELRAY BEACH, FL, 33483
Since: 2026-04-01
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Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,557 — $4,754
Flood $400 — $800
Property/Wind $2,157 — $3,954

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
View full risk analysis →
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