506 LAKE OSBORNE DR, LAKE WORTH, FL 33461

Parcel: 38434428010070120 · Multi-Family (<10) · Zoning: 008

Assessed Value (2026)
$254,945

Property Details

Year Built
1953
Lot Sqft
9,839

Sales History

1
$120,000
2013-05-07

Tax Assessment History

$254,945
Assessed (2026)
$297,018
Market Value
$254,945
Taxable Value
$5,190
Annual Tax
2025
$297,018
2026
$254,945
$297,018
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $254,945 $297,018 $254,945 $5,190
2025 $297,018 $297,018 $297,018 $6,047

About 506 LAKE OSBORNE DR, LAKE WORTH, FL 33461

506 LAKE OSBORNE DR, LAKE WORTH, FL 33461 is a property built in 1953 on a 9,839 square foot lot. The property is currently owned by BENAVIDES JOSE &amp; BENAVIDES RUTH, 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 2013-05-07 for $120,000. The 2026 assessed value is $254,945 with a market value of $297,018. This breaks down to $177,865 for the land and $119,153 for the building.

The assessed value decreased 14% from $297,018 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 $79,358, and the median home value is $342,100. The population density is 2,459 people per square mile. 506 LAKE OSBORNE DR, LAKE WORTH, FL 33461 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 212% 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

BENAVIDES JOSE & BENAVIDES RUTH
18449 SPANISH ISLES CT, BOCA RATON, FL, 33496
Since: 2026-04-03
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,153 — $5,847
Flood $400 — $800
Property/Wind $2,753 — $5,047

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$79,358
Median Home Value$342,100
Pop. Density2,459/sq mi

Neighborhood 33461

49%
Owner-Occ
51%
Investor
4,906
Flips (4yr)
5,065
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →
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