1012 7TH AVE S, LAKE WORTH, FL 33460
Parcel: 38434421152030010 · Warehouse · Zoning: 048
Assessed Value (2026)
$478,983
Property Details
Year Built
1973
Lot Sqft
8,978
Sales History
1
$275,000
2012-06-26
Tax Assessment History
$478,983
Assessed (2026)
$641,357
Market Value
$478,983
Taxable Value
$9,752
Annual Tax
2025
$641,357
2026
$478,983
$641,357
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $478,983 | $641,357 | $478,983 | $9,752 | $123,587 | $517,770 |
| 2025 | $641,357 | $641,357 | $641,357 | $13,058 | $123,587 | $517,770 |
About 1012 7TH AVE S, LAKE WORTH, FL 33460
1012 7TH AVE S, LAKE WORTH, FL 33460 is a property built in 1973 on a 8,978 square foot lot. The property is currently owned by OLSSON JORMA, 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 2012-06-26 for $275,000. The 2026 assessed value is $478,983 with a market value of $641,357. This breaks down to $123,587 for the land and $517,770 for the building.
The assessed value decreased 25% from $641,357 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 $68,163, and the median home value is $246,200. The population density is 12,428 people per square mile. 1012 7TH 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 174% 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
OLSSON JORMA
7821 PINE TREE LN, WEST PALM BCH, FL, 33406
Since: 2026-04-03
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$4,710 — $8,559
Flood $400 — $800
Property/Wind $4,310 — $7,759
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$68,163
Median Home Value$246,200
Pop. Density12,428/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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