1009 S PALMWAY, LAKE WORTH, FL 33460

Parcel: 38434427010400110 · Single Family · Zoning: 001

Assessed Value (2026)
$549,662

Property Details

Year Built
1949
Lot Sqft
7,500

Sales History

1
$850,000
2022-10-26
2
$880,000+4%
2025-04-01
3
$880,000
2025-04-08
4
$880,000
2025-04-16

Tax Assessment History

$549,662
Assessed (2026)
$549,662
Market Value
$549,662
Taxable Value
$11,191
Annual Tax
2025
$549,662
2026
$549,662
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $549,662 $549,662 $549,662 $11,191
2025 $549,662 $549,662 $549,662 $11,191

About 1009 S PALMWAY, LAKE WORTH, FL 33460

1009 S PALMWAY, LAKE WORTH, FL 33460 is a property built in 1949 on a 7,500 square foot lot. The property is currently owned by PETROSSO KIMBERLY A & PETROSSO JOSEPH P, 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 2025-04-16 for $880,000. There are 4 recorded sales for this property. The 2026 assessed value is $549,662 with a market value of $549,662.

This breaks down to $277,500 for the land and $272,162 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.

There are active mortgage liens totaling $608,160 recorded against this property. 1009 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 complete ownership history of this property spans from 2022 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 62% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

PETROSSO KIMBERLY A & PETROSSO JOSEPH P
1009 S PALMWAY, LAKE WORTH, FL, 33460
Since: 2026-04-03
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,336 — $11,683
Flood $400 — $800
Property/Wind $5,936 — $10,883

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 →

Mortgages

ACTIVE
$616,000
~$608,160 bal.
T2 FINANCIAL LLC · 2025-04-16
Est. Total Balance $608,160
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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