1001 WATER TOWER WAY, LANTANA, FL 33131
Parcel: 40434433500010010 · Multifamily 10 Units Or More · Zoning: 003
Assessed Value (2026)
$77,297,090
Property Details
Year Built
2019
Lot Sqft
702,497
Sales History
1
$14,760,000
2018-10-29
Tax Assessment History
$77,297,090
Assessed (2026)
$77,297,090
Market Value
$77,297,090
Taxable Value
$1,573,707
Annual Tax
2025
$77,297,092
2026
$77,297,090
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $77,297,090 | $77,297,090 | $77,297,090 | $1,573,707 | $15,876,000 | $61,421,090 |
| 2025 | $77,297,092 | $77,297,092 | $77,297,092 | $1,573,707 | $15,876,000 | $61,421,092 |
About 1001 WATER TOWER WAY, LANTANA, FL 33131
1001 WATER TOWER WAY, LANTANA, FL 33131 is a property built in 2019 on a 702,497 square foot lot. The property is currently owned by LANTANA I OWNER 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 2018-10-29 for $14,760,000. The 2026 assessed value is $77,297,090 with a market value of $77,297,090. This breaks down to $15,876,000 for the land and $61,421,090 for the building.
The assessed value decreased 0% from $77,297,092 in 2025. 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 $70,472, and the median home value is $255,800. The population density is 5,649 people per square mile. 1001 WATER TOWER WAY, LANTANA, FL 33131 is located in LANTANA, Florida.
Property records, tax assessments, sales history, and ownership information for this LANTANA property are sourced from palm_beach County public records. The current assessed value represents 524% 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
LANTANA I OWNER LLC
315 S BISCAYNE BLVD FL 4, MIAMI, FL, 33131
Since: 2026-04-03
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People Behind This Entity
Registered Agent: C T CORPORATION SYSTEM
HOYL RON J (VP) LANTANA VENTURE LLC (MBR) AGARWAL A.J. (SENI) CUTAIA GIOVANNI (SENI) HARPER ROBERT (SENI) Bernstein Ron (SENI) Hamid Asim (SENI)
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Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$417,804 — $696,473
Flood $400 — $800
Property/Wind $417,404 — $695,673
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$70,472
Median Home Value$255,800
Pop. Density5,649/sq mi
Neighborhood 33131
22.1%
Owner-Occ
77.9%
Investor
1,448
Flips (4yr)
25,103
New Biz (3yr)
Distress Risk
ELEVATED
56
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