1331 S FEDERAL HWY 5, LAKE WORTH, FL 33004
Parcel: 3843443423 · Condominium · Zoning:
Assessed Value (2026)
$130,000
Property Details
Year Built
1982
Sales History
1
$850,000
2023-01-27
Tax Assessment History
$130,000
Assessed (2026)
$130,000
Market Value
$130,000
Taxable Value
$2,647
Annual Tax
2026
$130,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $130,000 | $130,000 | $130,000 | $2,647 | $0 | $130,000 |
About 1331 S FEDERAL HWY 5, LAKE WORTH, FL 33004
1331 S FEDERAL HWY 5, LAKE WORTH, FL 33004 is a property built in 1982. The property is currently owned by WORTHGATE APARTMENTS LLC, 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 2023-01-27 for $850,000. The 2026 assessed value is $130,000 with a market value of $130,000. 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.
1331 S FEDERAL HWY 5, LAKE WORTH, FL 33004 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 15% 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
WORTHGATE APARTMENTS LLC
PO BOX 904, DANIA, FL, 33004
Since: 2026-04-03
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Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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 33004
43.4%
Owner-Occ
56.6%
Investor
99
Flips (4yr)
3,278
New Biz (3yr)
Distress Risk
ELEVATED
56
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