605 S PALMWAY, LAKE WORTH, FL 33460

Parcel: 38434427010080100 · Single Family · Zoning: 001

Assessed Value (2026)
$268,364

Property Details

Year Built
1954
Lot Sqft
7,500

Sales History

1
$218,000
2012-05-16

Tax Assessment History

$268,364
Assessed (2026)
$450,107
Market Value
$192,642
Taxable Value
$3,922
Annual Tax
2025
$268,364
$450,107
2026
$268,364
$450,107
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $268,364 $450,107 $192,642 $3,922
2025 $268,364 $450,107 $243,364 $4,955

About 605 S PALMWAY, LAKE WORTH, FL 33460

605 S PALMWAY, LAKE WORTH, FL 33460 is a property built in 1954 on a 7,500 square foot lot. The property is currently owned by DOUGLASS RICHARD & DOUGLASS MARY ANN, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2012-05-16 for $218,000. The 2026 assessed value is $268,364 with a market value of $450,107. This breaks down to $277,500 for the land and $172,607 for the building.

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. 605 S 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 123% 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

DOUGLASS RICHARD & DOUGLASS MARY ANN
605 S PALMWAY, LAKE WORTH BEACH, FL, 33460
Since: 2026-04-03
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,298 — $6,113
Flood $400 — $800
Property/Wind $2,898 — $5,313

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 →
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