198 IRIS AVE, LANTANA, FL 33462

Parcel: 40434503100190012 · Single Family · Zoning: 001

Assessed Value (2026)
$268,452

Property Details

Year Built
1958
Lot Sqft
5,063

Sales History

1
$207,500
2019-01-07

Tax Assessment History

$268,452
Assessed (2026)
$315,491
Market Value
$268,452
Taxable Value
$5,465
Annual Tax
2025
$315,491
2026
$268,452
$315,491
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $268,452 $315,491 $268,452 $5,465
2025 $315,491 $315,491 $315,491 $6,423

About 198 IRIS AVE, LANTANA, FL 33462

198 IRIS AVE, LANTANA, FL 33462 is a property built in 1958 on a 5,063 square foot lot. The property is currently owned by COLETTO PETER &, 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 2019-01-07 for $207,500. The 2026 assessed value is $268,452 with a market value of $315,491. This breaks down to $219,704 for the land and $95,787 for the building.

The assessed value decreased 15% from $315,491 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 $286,820 recorded against this property.

198 IRIS AVE, 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 129% 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

COLETTO PETER &
198 IRIS AVE, LAKE WORTH, Florida, 33462
Since: 2026-04-03
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,299 — $6,115
Flood $400 — $800
Property/Wind $2,899 — $5,315

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
View full risk analysis →

Mortgages

ACTIVE
$290,000
~$286,820 bal.
OCMBC INC · 2025-05-21
Est. Total Balance $286,820
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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