408 S FEDERAL HWY 1, LAKE WORTH, FL 33460
Parcel: 38434421151610050 · Multi-Family (<10) · Zoning: 008
Assessed Value (2026)
$513,024
Property Details
Year Built
1950
Lot Sqft
12,596
Sales History
1
$388,000
2014-08-04
Tax Assessment History
$513,024
Assessed (2026)
$751,517
Market Value
$513,024
Taxable Value
$10,445
Annual Tax
2025
$751,517
2026
$513,024
$751,517
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $513,024 | $751,517 | $513,024 | $10,445 | $315,379 | $436,138 |
| 2025 | $751,517 | $751,517 | $751,517 | $15,300 | $315,379 | $436,138 |
About 408 S FEDERAL HWY 1, LAKE WORTH, FL 33460
408 S FEDERAL HWY 1, LAKE WORTH, FL 33460 is a property built in 1950 on a 12,596 square foot lot. The property is currently owned by ROESSER KEREN M, 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 2014-08-04 for $388,000. The 2026 assessed value is $513,024 with a market value of $751,517. This breaks down to $315,379 for the land and $436,138 for the building.
The assessed value decreased 32% from $751,517 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 $68,505, and the median home value is $411,000. The population density is 5,311 people per square mile. 408 S 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 current assessed value represents 132% 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
ROESSER KEREN M
843 BISCAYNE DR, WEST PALM BEACH, FL, 33401
Since: 2026-04-03
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$5,940 — $10,957
Flood $400 — $800
Property/Wind $5,540 — $10,157
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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