116 5TH AVE S, LAKE WORTH, FL 33460

116 5TH AVE S, LAKE WORTH, FL 33460 is a property built in 1924 on a 16,711 square foot lot. The property is currently owned by LAKESIDE CASTLE 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 2018-10-15 for $942,000. The 2026 assessed value is $1,508,117 with a market value of $1,529,319. This breaks down to $592,783 for the land and $936,536 for the building.

The assessed value decreased 1% from $1,529,319 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. 116 5TH AVE S, 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 160% 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..