700 PALAMA WAY, LANTANA, FL 33462

Parcel: 40434504140080040 · Single Family · Zoning: 001

Assessed Value (2026)
$193,723

Property Details

Year Built
1979
Lot Sqft
7,599

Sales History

1
$100,000
2012-08-23

Tax Assessment History

$193,723
Assessed (2026)
$347,080
Market Value
$143,001
Taxable Value
$2,911
Annual Tax
2025
$193,723
$347,080
2026
$193,723
$347,080
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $193,723 $347,080 $143,001 $2,911
2025 $193,723 $347,080 $168,723 $3,435

About 700 PALAMA WAY, LANTANA, FL 33462

700 PALAMA WAY, LANTANA, FL 33462 is a property built in 1979 on a 7,599 square foot lot. The property is currently owned by CULOTTA PETER S & VELASCO SUSAN K, 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 2012-08-23 for $100,000. The 2026 assessed value is $193,723 with a market value of $347,080. This breaks down to $200,724 for the land and $146,356 for the building.

The property has the following tax exemptions: homestead. 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 $70,711, and the median home value is $393,900. The population density is 5,721 people per square mile. 700 PALAMA WAY, 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 194% 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

CULOTTA PETER S & VELASCO SUSAN K
700 PALAMA WAY, LAKE WORTH, FL, 33462
Since: 2026-04-03
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,143 — $3,938
Flood $400 — $800
Property/Wind $1,743 — $3,138

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$70,711
Median Home Value$393,900
Pop. Density5,721/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 →
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