507 N PALMWAY, LAKE WORTH, FL 33460
Parcel: 38434421151620150 · Single Family · Zoning: 001
Assessed Value (2026)
$220,984
Property Details
Year Built
1940
Lot Sqft
6,750
Sales History
1
$235,000
2004-11-11
Tax Assessment History
$220,984
Assessed (2026)
$427,854
Market Value
$182,455
Taxable Value
$3,715
Annual Tax
2025
$277,456
$427,854
2026
$220,984
$427,854
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $220,984 | $427,854 | $182,455 | $3,715 | $339,525 | $88,329 |
| 2025 | $277,456 | $427,854 | $252,456 | $5,140 | $339,525 | $88,329 |
About 507 N PALMWAY, LAKE WORTH, FL 33460
507 N PALMWAY, LAKE WORTH, FL 33460 is a property built in 1940 on a 6,750 square foot lot. The property is currently owned by CATLETT L REED STERN JOHN, 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 2004-11-11 for $235,000. The 2026 assessed value is $220,984 with a market value of $427,854. This breaks down to $339,525 for the land and $88,329 for the building.
The assessed value decreased 20% from $277,456 in 2025. The property has the following tax exemptions: homestead. 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.
507 N 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 current assessed value represents 94% of the most recent sale price..
Current Owner
CATLETT L REED STERN JOHN
PO BOX 948, LAKE WORTH BEACH, FL, 33460
Since: 2026-04-03
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$2,786 — $5,175
Flood $400 — $800
Property/Wind $2,386 — $4,375
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
Zoom in to see property sales