1242 PALAMA WAY, LANTANA, FL 33462

1242 PALAMA WAY, LANTANA, FL 33462 is a property built in 1979 on a 7,910 square foot lot. The property is currently owned by FRANCISCO LUTERIO MARROQUIN PASCUAL FRANCISCO, 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 2007-01-26 for $260,000. The 2026 assessed value is $142,414 with a market value of $354,049. This breaks down to $201,035 for the land and $153,014 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. 1242 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 55% 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..