602 S LAKE DR, LANTANA, FL 33462
Parcel: 40434503090000901 · Single Family · Zoning: 001
Assessed Value (2026)
$818,281
Property Details
Year Built
1962
Lot Sqft
17,640
Sales History
1
$875,000
2003-07-07
Tax Assessment History
$818,281
Assessed (2026)
$1,814,935
Market Value
$818,281
Taxable Value
$16,660
Annual Tax
2025
$1,814,935
2026
$818,281
$1,814,935
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $818,281 | $1,814,935 | $818,281 | $16,660 | $1,772,400 | $42,535 |
| 2025 | $1,814,935 | $1,814,935 | $1,814,935 | $36,951 | $1,772,400 | $42,535 |
About 602 S LAKE DR, LANTANA, FL 33462
602 S LAKE DR, LANTANA, FL 33462 is a property built in 1962 on a 17,640 square foot lot. The property is currently owned by BALLBE CARLOS J & BALLBE MARY C, 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 2003-07-07 for $875,000. The 2026 assessed value is $818,281 with a market value of $1,814,935. This breaks down to $1,772,400 for the land and $42,535 for the building.
The assessed value decreased 55% from $1,814,935 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 $70,472, and the median home value is $255,800. The population density is 5,649 people per square mile. There are active mortgage liens totaling $471,572 recorded against this property.
602 S LAKE DR, LANTANA, FL 33462 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 94% of the most recent sale price..
Current Owner
BALLBE CARLOS J & BALLBE MARY C
PO BOX 480270, FORT LAUDERDALE, FL, 33348
Since: 2026-04-03
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$9,237 — $17,001
Flood $400 — $800
Property/Wind $8,837 — $16,201
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 33462
64.6%
Owner-Occ
35.4%
Investor
4,290
Flips (4yr)
3,833
New Biz (3yr)
Distress Risk
MODERATE
28
Mortgages
ACTIVE
$502,000
FIRST HORIZON BANK · 2021-04-08
Est. Total Balance $471,572
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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