605 N FEDERAL HWY 1, LAKE WORTH, FL 33460
Parcel: 38434421151720150 · Multi-Family (10+) · Zoning: 003
Assessed Value (2026)
$1,634,491
Property Details
Year Built
1955
Lot Sqft
13,005
Sales History
1
$2,556,500
2022-09-30
2
$1,900,000-26%
2025-08-01
3
$1,900,000
2025-08-21
Tax Assessment History
$1,634,491
Assessed (2026)
$1,634,491
Market Value
$1,634,491
Taxable Value
$33,277
Annual Tax
2025
$1,634,491
2026
$1,634,491
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $1,634,491 | $1,634,491 | $1,634,491 | $33,277 | $735,000 | $899,491 |
| 2025 | $1,634,491 | $1,634,491 | $1,634,491 | $33,277 | $735,000 | $899,491 |
About 605 N FEDERAL HWY 1, LAKE WORTH, FL 33460
605 N FEDERAL HWY 1, LAKE WORTH, FL 33460 is a property built in 1955 on a 13,005 square foot lot. The property is currently owned by MCR 605 FEDERAL 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 2025-08-21 for $1,900,000. There are 3 recorded sales for this property. The 2026 assessed value is $1,634,491 with a market value of $1,634,491.
This breaks down to $735,000 for the land and $899,491 for the building. 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. There are active mortgage liens totaling $1,080,000 recorded against this property.
605 N 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 complete ownership history of this property spans from 2022 to 2025, with 3 recorded transactions in the public record.
The current assessed value represents 86% of the most recent sale price..
Current Owner
MCR 605 FEDERAL LLC
1431 N 8TH ST, SHEBOYGAN, WI, 53081
Since: 2026-04-03
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$18,052 — $33,162
Flood $400 — $800
Property/Wind $17,652 — $32,362
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
Mortgages
ACTIVE
$1,080,000
OPTINUM BANK · 2021-10-22
Est. Total Balance $1,080,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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