1212 N PALMWAY 1, LAKE WORTH, FL 33460

Parcel: 38434421153620020 · Multi-Family (<10) · Zoning: 008

Assessed Value (2026)
$604,208

Property Details

Year Built
1926
Lot Sqft
13,365

Sales History

1
$121,500
1985-02-01

Tax Assessment History

$604,208
Assessed (2026)
$731,469
Market Value
$604,208
Taxable Value
$12,301
Annual Tax
2025
$731,469
2026
$604,208
$731,469
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $604,208 $731,469 $604,208 $12,301
2025 $731,469 $731,469 $731,469 $14,892

About 1212 N PALMWAY 1, LAKE WORTH, FL 33460

1212 N PALMWAY 1, LAKE WORTH, FL 33460 is a property built in 1926 on a 13,365 square foot lot. The property is currently owned by KING MORRIS LODGES INC, 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 1985-02-01 for $121,500. The 2026 assessed value is $604,208 with a market value of $731,469. This breaks down to $370,570 for the land and $360,899 for the building.

The assessed value decreased 17% from $731,469 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. 1212 N PALMWAY 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 497% 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

KING MORRIS LODGES INC
PO BOX 8797, WEST PALM BEACH, FL, 33407
Since: 2026-04-03
View owner profile →
Look up on FL Sunbiz →

Find registered agent and officers for this entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,925 — $12,763
Flood $400 — $800
Property/Wind $6,525 — $11,963

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
View full risk analysis →
Zoom in to see property sales